New Hampshire Dance Institute
New Hampshire Dance Institute shows consistent revenue growth and efficient spending with no reported officer compensation.
EIN: 20428347 · Keene, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $556K |
| Total Expenses | $408K |
| Program Spending | 85% |
| Net Assets | $53K |
| Transparency Score | 88/100 |
Is New Hampshire Dance Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Dance Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Dance Institute
New Hampshire Dance Institute (EIN: 20428347) is a nonprofit organization based in Keene, NH. The organization reported total revenue of $556K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Dance Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Dance Institute is a small nonprofit that has been operating for 33 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $414K |
| Total Expenses | $408K |
| Surplus / Deficit | +$6K |
| Total Assets | $69K |
| Total Liabilities | $16K |
| Net Assets | $53K |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 23.7% |
| Months of Reserves | 2.0 months |
Financial Health Grade: A
In 2023, New Hampshire Dance Institute reported a surplus of $6K with revenue exceeding expenses, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 23.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), New Hampshire Dance Institute's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.2% | +13.6% | +21.8% |
| 2022 | +40.6% | +69.5% | -2.9% |
| 2021 | +18.7% | -10.3% | +113.3% |
| 2020 | -27.3% | -19.8% | +123.1% |
| 2019 | +12.9% | +11.0% | +133.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 New Hampshire Dance Institute with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New Hampshire Dance Institute allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting a volunteer-led organization or that compensation is below IRS reporting thresholds, which is highly favorable for a nonprofit of this size.
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 New Hampshire Dance Institute's IRS 990 filings:
- No specific program spending breakdown provided in the available summary data, requiring deeper dive into full 990 forms for precise allocation.
Strengths
The following positive indicators were identified for New Hampshire Dance Institute:
- Consistent revenue growth over the past decade, from $243,112 in 2014 to $413,663 in 2023.
- Efficient spending with expenses closely matching revenue, indicating good financial management (e.g., 2023 expenses $407,926 vs. revenue $413,663).
- No reported officer compensation across all filings, suggesting a volunteer-driven leadership or very low overhead.
- Growing asset base, from $5,276 in 2018 to $69,450 in 2023, enhancing financial stability.
- Low and manageable liabilities, such as $16,466 in 2023, indicating a healthy balance sheet.
Frequently Asked Questions about New Hampshire Dance Institute
Is New Hampshire Dance Institute a legitimate charity?
New Hampshire Dance Institute (EIN: 20428347) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 88/100. It has 12 years of IRS 990 filings on record. Total revenue: $556K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does New Hampshire Dance Institute spend its money?
New Hampshire Dance Institute directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Hampshire Dance Institute tax-deductible?
New Hampshire Dance Institute is registered as a tax-exempt nonprofit (EIN: 20428347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Hampshire Dance Institute's spending goes to programs?
New Hampshire Dance Institute directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Hampshire Dance Institute located?
New Hampshire Dance Institute is headquartered in Keene, New Hampshire and files with the IRS under EIN 20428347.
How many years of IRS 990 filings does New Hampshire Dance Institute have?
New Hampshire Dance Institute has 12 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 $556K in total revenue.
Is New Hampshire Dance Institute a good charity?
Based on its financial data, New Hampshire Dance Institute appears to be a good charity. It demonstrates consistent revenue growth, efficient spending with expenses closely matching revenue, and no reported officer compensation, indicating a strong focus on its mission.
How has New Hampshire Dance Institute's revenue changed over time?
New Hampshire Dance Institute has shown significant revenue growth, increasing from $243,112 in 2014 to $413,663 in 2023, representing an increase of over 70% in less than a decade.
What is the trend in New Hampshire Dance Institute's assets?
The organization's assets have grown substantially, particularly in recent years, from $5,276 in 2018 to $69,450 in 2023, indicating increasing financial stability and capacity.
Filing History
IRS 990 filing history for New Hampshire Dance Institute showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), New Hampshire Dance Institute's revenue has grown by 107.6%, moving from $199K to $414K. Total assets increased by 565.8% over the same period, from $10K to $69K. Total functional expenses rose by 108.5%, from $196K to $408K. In its most recent filing year (2023), New Hampshire Dance Institute reported a surplus of $6K, with revenue exceeding expenses. The organization holds $16K in liabilities against $69K in assets (debt-to-asset ratio: 23.7%), resulting in net assets of $53K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $414K | $408K | $69K | $16K | — | View 990 |
| 2022 | $365K | $359K | $57K | $10K | — | View 990 |
| 2021 | $260K | $212K | $59K | $18K | — | View 990 |
| 2020 | $219K | $236K | $28K | $35K | — | View 990 |
| 2019 | $301K | $294K | $12K | $3K | — | View 990 |
| 2018 | $267K | $265K | $5K | $3K | — | View 990 |
| 2017 | $255K | $278K | $23K | $22K | — | View 990 |
| 2016 | $266K | $273K | $31K | $0 | — | View 990 |
| 2015 | $244K | $247K | $38K | $0 | — | View 990 |
| 2014 | $243K | $233K | $43K | $3K | — | View 990 |
| 2013 | $219K | $200K | $30K | $0 | — | View 990 |
| 2012 | $199K | $196K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $414K, expenses of $408K, and assets of $69K (revenue +13.2% year-over-year).
- 2022: Revenue of $365K, expenses of $359K, and assets of $57K (revenue +40.6% year-over-year).
- 2021: Revenue of $260K, expenses of $212K, and assets of $59K (revenue +18.7% year-over-year).
- 2020: Revenue of $219K, expenses of $236K, and assets of $28K (revenue -27.3% year-over-year).
- 2019: Revenue of $301K, expenses of $294K, and assets of $12K (revenue +12.9% year-over-year).
- 2018: Revenue of $267K, expenses of $265K, and assets of $5K (revenue +4.5% year-over-year).
- 2017: Revenue of $255K, expenses of $278K, and assets of $23K (revenue -4.0% year-over-year).
- 2016: Revenue of $266K, expenses of $273K, and assets of $31K (revenue +8.8% year-over-year).
- 2015: Revenue of $244K, expenses of $247K, and assets of $38K (revenue +0.6% year-over-year).
- 2014: Revenue of $243K, expenses of $233K, and assets of $43K (revenue +10.8% year-over-year).
- 2013: Revenue of $219K, expenses of $200K, and assets of $30K (revenue +10.2% year-over-year).
- 2012: Revenue of $199K, expenses of $196K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Dance Institute:
Data Sources and Methodology
This transparency report for New Hampshire Dance Institute 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.