Dance Augusta Inc
Dance Augusta Inc shows consistent revenue growth and strong asset accumulation with no reported liabilities.
EIN: 10872738 · Augusta, GA · NTEE: A62 · Updated: 2026-03-27
Is Dance Augusta Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dance Augusta Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dance Augusta Inc
Dance Augusta Inc (EIN: 10872738) is a nonprofit organization based in Augusta, GA, classified under NTEE code A62. The organization reported total revenue of $256K and total assets of $225K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dance Augusta Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dance Augusta Inc is a small nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $246K |
| Total Expenses | $195K |
| Surplus / Deficit | +$51K |
| Total Assets | $160K |
| Net Assets | $160K |
| Operating Margin | 20.6% |
| Months of Reserves | 9.8 months |
Financial Health Grade: A
In 2022, Dance Augusta Inc reported a surplus of $51K with revenue exceeding expenses, holds 9.8 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2022), Dance Augusta Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +320.6% | +155.3% | +46.2% |
| 2021 | -70.2% | -45.7% | -14.1% |
| 2020 | -7.8% | -28.1% | +76.7% |
| 2019 | +17.2% | -1.8% | +30.7% |
| 2018 | +15.7% | +33.5% | -24.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Dance Augusta Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Dance Augusta Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $51K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is positive for resource allocation to mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Dance Augusta Inc:
- Consistent revenue growth, from $133,876 in 201307 to $245,938 in 202207.
- Strong asset accumulation, increasing from $64,378 in 201307 to $225,107 currently.
- Zero reported liabilities across all filing periods, indicating excellent financial stability.
- No officer compensation reported, suggesting high efficiency in directing funds to mission.
- Consistent positive net income in most recent years (e.g., $245,938 revenue vs $195,316 expenses in 202207).
Frequently Asked Questions about Dance Augusta Inc
Is Dance Augusta Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dance Augusta Inc (EIN: 10872738) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Dance Augusta Inc spend its money?
Dance Augusta Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dance Augusta Inc tax-deductible?
Dance Augusta Inc is registered as a tax-exempt nonprofit (EIN: 10872738). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Dance Augusta Inc a good charity?
Based on the provided financial data, Dance Augusta Inc appears to be a well-managed charity. It consistently generates more revenue than expenses, has growing assets, and reports no liabilities. The absence of officer compensation is also a positive sign for resource allocation.
How has Dance Augusta Inc's revenue trended over time?
Dance Augusta Inc's revenue has shown a general upward trend, with some fluctuations. It grew from $133,876 in 201307 to $245,938 in 202207, demonstrating significant growth over the decade.
What is the organization's asset growth like?
The organization has shown strong asset growth, increasing from $64,378 in 201307 to $160,174 in 202207, and further to $225,107 in the latest period. This indicates a healthy accumulation of resources.
Filing History
IRS 990 filing history for Dance Augusta Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Dance Augusta Inc's revenue has grown by 76.3%, moving from $140K to $246K. Total assets increased by 178% over the same period, from $58K to $160K. Total functional expenses rose by 42.8%, from $137K to $195K. In its most recent filing year (2022), Dance Augusta Inc reported a surplus of $51K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $246K | $195K | $160K | $0 | — | View 990 |
| 2021 | $58K | $77K | $110K | $0 | — | View 990 |
| 2020 | $196K | $141K | $128K | $0 | — | View 990 |
| 2019 | $213K | $196K | $72K | $0 | — | View 990 |
| 2018 | $182K | $200K | $55K | $0 | — | View 990 |
| 2017 | $157K | $150K | $73K | $0 | — | View 990 |
| 2016 | $174K | $152K | $66K | $0 | — | View 990 |
| 2015 | $161K | $177K | $43K | $0 | — | View 990 |
| 2014 | $151K | $156K | $60K | $0 | — | View 990 |
| 2013 | $134K | $127K | $64K | $0 | — | View 990 |
| 2012 | $140K | $137K | $58K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $246K, expenses of $195K, and assets of $160K (revenue +320.6% year-over-year).
- 2021: Revenue of $58K, expenses of $77K, and assets of $110K (revenue -70.2% year-over-year).
- 2020: Revenue of $196K, expenses of $141K, and assets of $128K (revenue -7.8% year-over-year).
- 2019: Revenue of $213K, expenses of $196K, and assets of $72K (revenue +17.2% year-over-year).
- 2018: Revenue of $182K, expenses of $200K, and assets of $55K (revenue +15.7% year-over-year).
- 2017: Revenue of $157K, expenses of $150K, and assets of $73K (revenue -9.9% year-over-year).
- 2016: Revenue of $174K, expenses of $152K, and assets of $66K (revenue +8.4% year-over-year).
- 2015: Revenue of $161K, expenses of $177K, and assets of $43K (revenue +6.6% year-over-year).
- 2014: Revenue of $151K, expenses of $156K, and assets of $60K (revenue +12.7% year-over-year).
- 2013: Revenue of $134K, expenses of $127K, and assets of $64K (revenue -4.1% year-over-year).
- 2012: Revenue of $140K, expenses of $137K, and assets of $58K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dance Augusta Inc:
Data Sources and Methodology
This transparency report for Dance Augusta Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.