Axis Dance Company
Analysis
Axis Dance Company is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in March 1995, 31 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, Axis Dance Company reported income of $973k and spending of $1.2m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $503k to $973k (+93%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 285%. Over the whole period it spent 80% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Axis Dance Company sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Gulf of Maine Lobster Foundation Inc ($972k), Stratton Mountain & Valley Community Benefit Foundation ($973k) and Spartanburg Little Theatre Inc ($972k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $184k (15% of expenses). Other salaries and wages came to $550k. At year end it held assets of $2.4m against liabilities of $32k, net assets of $2.4m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Program services 21%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gulf of Maine Lobster Foundation Inc | Kennebunk | $972k |
| Stratton Mountain & Valley Community Benefit Foundation | Stratton Mountain | $973k |
| Spartanburg Little Theatre Inc | Spartanburg | $972k |
| Mountain State Spotlight Inc | Charleston | $974k |