Laguna Dance No Value

Analysis

Laguna Dance No Value is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in July 2006, 20 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 June 2023, Laguna Dance No Value reported income of $403k and spending of $440k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $248k to $403k (+63%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 231%. 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, Laguna Dance No Value sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Laguardia High School Parents Association Inc ($403k), Open Tone Music LLC ($403k) and The Tulsa Arts Management Consortium Inc ($403k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 37% of the total. Other salaries and wages came to $12k. It paid $14k in professional fundraising fees. At year end it held assets of $211k against liabilities of $812, net assets of $211k.