Tannery World Dance & Cultural Center

Analysis

Tannery World Dance & Cultural Center is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in October 2016, 10 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 December 2023, Tannery World Dance & Cultural Center reported income of $518k and spending of $556k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $446k to $518k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. 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, Tannery World Dance & Cultural Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Healdsburg Performing Arts Theater Inc ($518k), Band of Angels Corp ($518k) and Franklin Park Conservatory Womens Sustaining Board ($518k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $87k (16% of expenses). Other salaries and wages came to $175k. At year end it held assets of $297k against liabilities of $81k, net assets of $216k. It reported 15 employees.