Dancessence Inc

Analysis

Dancessence Inc is a registered charity in United States, based in Santa Monica, 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, Dancessence Inc reported income of $135k and spending of $101k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $172k to $135k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dancessence Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Carlton Observatory ($135k), Do Re Mi Gospel Music Academy Inc ($135k) and Oldcastle Productions ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $239k against liabilities of $909, net assets of $239k.