MMC Dance Team Inc

Analysis

MMC Dance Team Inc is a registered charity in United States, based in Dowagiac, MI. It received its IRS tax-exemption ruling in March 2021, 5 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, MMC Dance Team Inc reported income of $86k and spending of $91k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $86k (-8.7%), an average of -8.7% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, MMC Dance Team Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within MI. Charities of a similar size with the same main cause include Teo Chew Association of Greater Washington Inc ($86k), Cedar Key Arts Center Inc ($86k) and Alliance Francaise de Las Vegas ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 39% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.