Bold Dance Co

Analysis

Bold Dance Co is a registered charity in United States, based in North Charleston, SC. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bold Dance Co reported income of $110k and spending of $109k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $173k to $110k (-36%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bold Dance Co sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within SC. Charities of a similar size with the same main cause include Heritage High School Instrumental Music Foundation ($110k), Pursuit of History Inc ($110k) and Sun City Marching Arts ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $24k. At year end it held assets of $110k against liabilities of $109k, net assets of $581.