Danceast Collective

Analysis

Danceast Collective is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 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, Danceast Collective reported income of $366k and spending of $311k, spending 85% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $192k to $366k (+90%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 85%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Danceast Collective sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within TN. Charities of a similar size with the same main cause include Ridgefield Symphony Orchestra Inc ($366k), Capital City Theatre ($366k) and Media Alliance Inc ($366k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $63k (20% of expenses). Other salaries and wages came to $121k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 16 employees.