Shango Music And Dance
EIN: 800460552 · Salt Lake City, UT · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $126K |
| Total Expenses | $110K |
| Net Assets | $56K |
Is Shango Music And Dance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shango Music And Dance
Shango Music And Dance (EIN: 800460552) is a nonprofit organization based in Salt Lake City, UT, classified under NTEE code A60. The organization reported total revenue of $126K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shango Music And Dance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shango Music And Dance is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $110K |
| Surplus / Deficit | +$6K |
| Total Assets | $56K |
| Total Liabilities | $503 |
| Net Assets | $56K |
| Operating Margin | 5.2% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 6.1 months |
Financial Health Grade: A
In 2023, Shango Music And Dance reported a surplus of $6K with revenue exceeding expenses, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Shango Music And Dance's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.0% | -12.0% | +5.0% |
| 2022 | +14.4% | +78.8% | -34.0% |
| 2021 | +2.2% | +3.5% | -25.6% |
| 2020 | -30.8% | -40.9% | +95.5% |
| 2019 | +17.1% | +16.4% | +218.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shango Music And Dance 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 Shango Music And Dance 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Shango Music And Dance
Is Shango Music And Dance a legitimate charity?
Based on AI analysis of IRS 990 filings, Shango Music And Dance (EIN: 800460552) insufficient data. 0 red flags identified, 0 strengths noted.
How does Shango Music And Dance spend its money?
Detailed spending breakdown data is not yet available for Shango Music And Dance. Check back for updated IRS 990 analysis.
Are donations to Shango Music And Dance tax-deductible?
Shango Music And Dance is registered as a tax-exempt nonprofit (EIN: 800460552). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shango Music And Dance located?
Shango Music And Dance is headquartered in Salt Lake City, Utah and files with the IRS under EIN 800460552. It is classified under NTEE code A60.
How many years of IRS 990 filings does Shango Music And Dance have?
Shango Music And Dance 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 $126K in total revenue.
Filing History
IRS 990 filing history for Shango Music And Dance showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Shango Music And Dance's revenue has grown by 162.2%, moving from $44K to $116K. Total assets increased by 9894% over the same period, from $564 to $56K. Total functional expenses rose by 141.1%, from $46K to $110K. In its most recent filing year (2023), Shango Music And Dance reported a surplus of $6K, with revenue exceeding expenses. The organization holds $503 in liabilities against $56K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $56K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $116K | $110K | $56K | $503 | — | — |
| 2022 | $98K | $125K | $54K | $4K | — | View 990 |
| 2021 | $85K | $70K | $81K | $4K | — | — |
| 2020 | $84K | $68K | $109K | $57K | — | — |
| 2019 | $121K | $115K | $56K | $20K | — | View 990 |
| 2018 | $103K | $98K | $18K | $4K | — | View 990 |
| 2017 | $108K | $111K | $17K | $8K | — | View 990 |
| 2016 | $88K | $78K | $15K | $4K | — | View 990 |
| 2015 | $89K | $88K | $6K | $4K | — | View 990 |
| 2014 | $100K | $94K | $5K | $4K | — | View 990 |
| 2013 | $60K | $65K | $1 | $5K | — | View 990 |
| 2012 | $60K | $61K | $7K | $7K | — | View 990 |
| 2011 | $44K | $46K | $564 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $116K, expenses of $110K, and assets of $56K (revenue +19.0% year-over-year).
- 2022: Revenue of $98K, expenses of $125K, and assets of $54K (revenue +14.4% year-over-year).
- 2021: Revenue of $85K, expenses of $70K, and assets of $81K (revenue +2.2% year-over-year).
- 2020: Revenue of $84K, expenses of $68K, and assets of $109K (revenue -30.8% year-over-year).
- 2019: Revenue of $121K, expenses of $115K, and assets of $56K (revenue +17.1% year-over-year).
- 2018: Revenue of $103K, expenses of $98K, and assets of $18K (revenue -4.6% year-over-year).
- 2017: Revenue of $108K, expenses of $111K, and assets of $17K (revenue +23.4% year-over-year).
- 2016: Revenue of $88K, expenses of $78K, and assets of $15K (revenue -1.3% year-over-year).
- 2015: Revenue of $89K, expenses of $88K, and assets of $6K (revenue -11.5% year-over-year).
- 2014: Revenue of $100K, expenses of $94K, and assets of $5K (revenue +66.3% year-over-year).
- 2013: Revenue of $60K, expenses of $65K, and assets of $1 (revenue +0.6% year-over-year).
- 2012: Revenue of $60K, expenses of $61K, and assets of $7K (revenue +35.2% year-over-year).
- 2011: Revenue of $44K, expenses of $46K, and assets of $564.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shango Music And Dance:
Data Sources and Methodology
This transparency report for Shango Music And Dance 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.