Tango by the River Inc

Analysis

Tango by the River Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in October 2020, 6 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, Tango by the River Inc reported income of $62k and spending of $64k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $62k (+8.2%), an average of +8.2% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tango by the River Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Goat on a Boat Inc ($62k), Musicscores Violin Inc ($62k) and Departure Arts Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.