Dance Aspen

Analysis

Dance Aspen is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in March 2022, 4 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, Dance Aspen reported income of $1.2m and spending of $695k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $364k to $1.2m (+217%), an average of +78% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dance Aspen sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Transart and Cultural Services Inc ($1.2m), Wsre-Tv Foundation Inc ($1.2m) and Woodlands Waterway Arts Council Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $83k (12% of expenses). Other salaries and wages came to $250k. At year end it held assets of $1.1m against liabilities of $40k, net assets of $1.0m. It reported 10 employees.