Carmel Dance Festival

Analysis

Carmel Dance Festival is a registered charity in United States, based in Carmel, CA. It received its IRS tax-exemption ruling in August 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 (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, Carmel Dance Festival reported income of $143k and spending of $133k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $157k to $143k (-8.6%), an average of -8.6% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carmel Dance Festival sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Upright Theatre Company ($143k), Oklahomans for the Arts Inc ($143k) and Three Notchd Road Inc ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 33% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.