Dance For Art Inc
EIN: 50469994 · Warwick, RI · NTEE: A62Z
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $60K |
| Net Assets | $129K |
Is Dance For Art Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dance For Art Inc
Dance For Art Inc (EIN: 50469994) is a nonprofit organization based in Warwick, RI, classified under NTEE code A62Z. The organization reported total revenue of $110K and total assets of $163K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dance For Art Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dance For Art Inc is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $60K |
| Surplus / Deficit | +$61K |
| Total Assets | $129K |
| Total Liabilities | $22 |
| Net Assets | $129K |
| Operating Margin | 50.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 25.7 months |
Financial Health Grade: A
In 2023, Dance For Art Inc reported a surplus of $61K with revenue exceeding expenses, holds 25.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Dance For Art Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +76.6% | -3.1% | +89.6% |
| 2022 | +79.3% | +10.8% | +10.6% |
| 2021 | -54.6% | -4.0% | -22.9% |
| 2020 | -2.7% | -36.0% | +48.2% |
| 2019 | +10.1% | +1.2% | -6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dance For Art Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Dance For Art Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $61K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Dance For Art Inc
Is Dance For Art Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dance For Art Inc (EIN: 50469994) insufficient data. 0 red flags identified, 0 strengths noted.
How does Dance For Art Inc spend its money?
Detailed spending breakdown data is not yet available for Dance For Art Inc. Check back for updated IRS 990 analysis.
Are donations to Dance For Art Inc tax-deductible?
Dance For Art Inc is registered as a tax-exempt nonprofit (EIN: 50469994). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dance For Art Inc located?
Dance For Art Inc is headquartered in Warwick, Rhode Island and files with the IRS under EIN 50469994. It is classified under NTEE code A62Z.
How many years of IRS 990 filings does Dance For Art Inc have?
Dance For Art Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $110K in total revenue.
Filing History
IRS 990 filing history for Dance For Art Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Dance For Art Inc's revenue has grown by 399.5%, moving from $24K to $122K. Total assets increased by 451.6% over the same period, from $23K to $129K. Total functional expenses rose by 146.6%, from $24K to $60K. In its most recent filing year (2023), Dance For Art Inc reported a surplus of $61K, with revenue exceeding expenses. The organization holds $22 in liabilities against $129K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $129K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $60K | $129K | $22 | — | — |
| 2022 | $69K | $62K | $68K | $22 | — | — |
| 2021 | $38K | $56K | $62K | $22 | — | View 990 |
| 2020 | $85K | $59K | $80K | $547 | — | View 990 |
| 2019 | $87K | $91K | $54K | $586 | — | View 990 |
| 2018 | $79K | $90K | $58K | $0 | — | View 990 |
| 2017 | $48K | $39K | $69K | $0 | — | View 990 |
| 2016 | $64K | $64K | $65K | $4K | — | View 990 |
| 2015 | $74K | $57K | $61K | $0 | — | View 990 |
| 2014 | $51K | $42K | $43K | $0 | — | View 990 |
| 2013 | $45K | $33K | $34K | $0 | — | View 990 |
| 2012 | $25K | $26K | $23K | $0 | — | View 990 |
| 2011 | $24K | $24K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $60K, and assets of $129K (revenue +76.6% year-over-year).
- 2022: Revenue of $69K, expenses of $62K, and assets of $68K (revenue +79.3% year-over-year).
- 2021: Revenue of $38K, expenses of $56K, and assets of $62K (revenue -54.6% year-over-year).
- 2020: Revenue of $85K, expenses of $59K, and assets of $80K (revenue -2.7% year-over-year).
- 2019: Revenue of $87K, expenses of $91K, and assets of $54K (revenue +10.1% year-over-year).
- 2018: Revenue of $79K, expenses of $90K, and assets of $58K (revenue +65.5% year-over-year).
- 2017: Revenue of $48K, expenses of $39K, and assets of $69K (revenue -25.9% year-over-year).
- 2016: Revenue of $64K, expenses of $64K, and assets of $65K (revenue -13.4% year-over-year).
- 2015: Revenue of $74K, expenses of $57K, and assets of $61K (revenue +45.1% year-over-year).
- 2014: Revenue of $51K, expenses of $42K, and assets of $43K (revenue +15.1% year-over-year).
- 2013: Revenue of $45K, expenses of $33K, and assets of $34K (revenue +75.7% year-over-year).
- 2012: Revenue of $25K, expenses of $26K, and assets of $23K (revenue +4.1% year-over-year).
- 2011: Revenue of $24K, expenses of $24K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dance For Art Inc:
Data Sources and Methodology
This transparency report for Dance For Art 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.