KB Dance & Performing Arts Inc

Analysis

KB Dance & Performing Arts Inc is a registered charity in United States, based in Wauconda, IL. It received its IRS tax-exemption ruling in September 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 June 2024, KB Dance & Performing Arts Inc reported income of $88k and spending of $83k, spending 94% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $78k to $88k (+12%), an average of +5.8% a year. The sharpest change came in the year to June 2024, when income rose by 22%. 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, KB Dance & Performing Arts 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 35th percentile within IL. Charities of a similar size with the same main cause include Waterworks Theatre Company Inc ($88k), Barnstable Historical Society ($88k) and Eisenhower Instrumental Music Boosters ($88k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $11k against liabilities of $1,178, net assets of $10k.