Dance Foundation
Dance Foundation faces inconsistent revenue and frequent deficits, operating without officer compensation.
EIN: 203510047 · Russellville, AR · NTEE: A63 · Updated: 2026-03-28
Is Dance Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dance Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dance Foundation
Dance Foundation (EIN: 203510047) is a nonprofit organization based in Russellville, AR, classified under NTEE code A63. The organization reported total revenue of $65K and total assets of $48K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dance Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dance Foundation is a micro nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2012–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $16K |
| Surplus / Deficit | $-12,049 |
| Total Assets | $21K |
| Net Assets | $21K |
| Operating Margin | -302.9% |
| Months of Reserves | 15.7 months |
Financial Health Grade: B
In 2023, Dance Foundation reported a deficit of $12K with expenses exceeding revenue, holds 15.7 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -93.0% | -49.6% | -40.2% |
| 2022 | +580.4% | +134.3% | +260.9% |
| 2021 | -79.8% | -71.0% | -34.7% |
| 2020 | +77.8% | +49.0% | -26.2% |
| 2019 | -49.6% | -24.0% | -28.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
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 Foundation with a Mission Score of 70 out of 100 (Good). 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 Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is unpaid, which is highly efficient for an organization of its size and revenue level.
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.
Red Flags
The following concerns were identified during AI analysis of Dance Foundation's IRS 990 filings:
- Highly inconsistent revenue streams year-over-year (e.g., $57,223 in 2022 to $3,978 in 2023).
- Frequent operating deficits, with expenses exceeding revenue in multiple periods (e.g., 2023, 2021, 2020, 2019, 2017, 2015).
- Significant drop in revenue from 2022 to 2023 (from $57,223 to $3,978).
Strengths
The following positive indicators were identified for Dance Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in leadership costs.
- Maintains zero liabilities, avoiding debt accumulation.
- Consistent filing of IRS Form 990s, demonstrating regulatory transparency.
Frequently Asked Questions about Dance Foundation
Is Dance Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Dance Foundation (EIN: 203510047) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Dance Foundation spend its money?
Dance Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dance Foundation tax-deductible?
Dance Foundation is registered as a tax-exempt nonprofit (EIN: 203510047). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Dance Foundation a good charity?
Dance Foundation demonstrates strong commitment to its mission by not compensating officers and maintaining zero liabilities. However, its financial stability is a concern due to highly fluctuating revenues and frequent operating deficits, such as the $12,049 deficit in 2023. Donors should consider the organization's ability to sustain its operations long-term.
How does Dance Foundation manage its expenses?
While specific expense breakdowns are not provided in the summary, the organization consistently operates with zero officer compensation, suggesting a lean approach to leadership costs. However, expenses have exceeded revenues in many periods (e.g., $16,027 expenses vs. $3,978 revenue in 2023), indicating a challenge in covering operational costs.
What is the trend in Dance Foundation's revenue?
Dance Foundation's revenue has been highly volatile, ranging from a low of $3,978 in 2023 to a high of $59,778 in 2014. There is no clear upward or downward trend, but rather significant year-to-year fluctuations, making financial planning potentially difficult.
Filing History
IRS 990 filing history for Dance Foundation showing financial trends over 11 years of public records:
In its most recent filing year (2023), Dance Foundation reported a deficit of $12K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $16K | $21K | $0 | — | View 990 |
| 2022 | $57K | $32K | $35K | $0 | — | — |
| 2021 | $8K | $14K | $10K | $0 | — | — |
| 2020 | $42K | $47K | $15K | $0 | — | View 990 |
| 2019 | $23K | $31K | $20K | $0 | — | View 990 |
| 2018 | $46K | $41K | $28K | $0 | — | View 990 |
| 2017 | $12K | $21K | $23K | $0 | — | View 990 |
| 2016 | $59K | $43K | $32K | $0 | — | View 990 |
| 2015 | $13K | $22K | $16K | $0 | — | View 990 |
| 2014 | $60K | $43K | $25K | $0 | — | View 990 |
| 2012 | $0 | $0 | $0 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $16K, and assets of $21K (revenue -93.0% year-over-year).
- 2022: Revenue of $57K, expenses of $32K, and assets of $35K (revenue +580.4% year-over-year).
- 2021: Revenue of $8K, expenses of $14K, and assets of $10K (revenue -79.8% year-over-year).
- 2020: Revenue of $42K, expenses of $47K, and assets of $15K (revenue +77.8% year-over-year).
- 2019: Revenue of $23K, expenses of $31K, and assets of $20K (revenue -49.6% year-over-year).
- 2018: Revenue of $46K, expenses of $41K, and assets of $28K (revenue +290.5% year-over-year).
- 2017: Revenue of $12K, expenses of $21K, and assets of $23K (revenue -79.9% year-over-year).
- 2016: Revenue of $59K, expenses of $43K, and assets of $32K (revenue +349.0% year-over-year).
- 2015: Revenue of $13K, expenses of $22K, and assets of $16K (revenue -78.0% year-over-year).
- 2014: Revenue of $60K, expenses of $43K, and assets of $25K.
- 2012: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dance Foundation:
Data Sources and Methodology
This transparency report for Dance Foundation 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.