The Dance Resource Center of Greater Los Angeles

Analysis

The Dance Resource Center of Greater Los Angeles is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1987, 39 years ago. 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 June 2024, The Dance Resource Center of Greater Los Angeles reported income of $129k and spending of $286k, spending 222% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $277k to $129k (-53%), an average of -14% a year. The sharpest change came in the year to June 2023, when income rose by 412%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Dance Resource Center of Greater Los Angeles sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Tri Town Band Boosters Inc ($129k), Little League Baseball Inc ($129k) and Lubbock General Hospital Auxiliary ($129k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $125k (44% of expenses). Other salaries and wages came to $20k. At year end it held assets of $658k against liabilities of $3,619, net assets of $654k.