Keshet Dance Company

Analysis

Keshet Dance Company is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Keshet Dance Company reported income of $3.5m and spending of $1.8m, leaving 48% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $3.5m (+200%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 213%. Over the whole period it spent 75% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Keshet Dance Company sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NM. Charities of a similar size with the same main cause include Thomas Chew Memorial Boys Club Inc ($3.5m), Uncommon Sports Group ($3.5m) and Ice Sports Association ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $139k (7.7% of expenses). Other salaries and wages came to $720k. It paid $74k in professional fundraising fees. At year end it held assets of $3.9m against liabilities of $257k, net assets of $3.7m. It reported 36 employees.