Precision Dance Company

Analysis

Precision Dance Company is a registered charity in United States, based in Carson, CA. It received its IRS tax-exemption ruling in March 2002, 24 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 June 2023, Precision Dance Company reported income of $54k and spending of $55k, spending 101% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $46k to $54k (+17%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Precision Dance Company sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Shining Stars Guild ($54k), Friends of Honey Springs Battlefield Park Inc ($54k) and Flagler Beach Historical Museum Inc ($54k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 29% of the total. At year end it held assets of $715 against liabilities of $0, net assets of $715.