Continuing the Legacy Dance Foundation

Analysis

Continuing the Legacy Dance Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Continuing the Legacy Dance Foundation reported income of $269k and spending of $258k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $223k to $269k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Continuing the Legacy Dance Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within NV. Charities of a similar size with the same main cause include Aurora Music Foundation Inc ($269k), Tri-County Arts Council Inc ($269k) and Armenian Youth Federation ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.