Wv Professional Dance Company
EIN: 311489960 · Beckley, WV · NTEE: A62
| Metric | Value |
|---|---|
| Total Revenue | $212K |
| Total Expenses | $211K |
| Net Assets | $184K |
Is Wv Professional Dance Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wv Professional Dance Company
Wv Professional Dance Company (EIN: 311489960) is a nonprofit organization based in Beckley, WV, classified under NTEE code A62. The organization reported total revenue of $212K and total assets of $176K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wv Professional Dance Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wv Professional Dance Company is a small nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $218K |
| Total Expenses | $211K |
| Surplus / Deficit | +$7K |
| Total Assets | $185K |
| Total Liabilities | $1K |
| Net Assets | $184K |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2024, Wv Professional Dance Company reported a surplus of $7K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Wv Professional Dance Company's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.8% | +9.2% | +4.3% |
| 2023 | -12.9% | +9.9% | +12.0% |
| 2022 | +59.0% | +92.6% | +72.6% |
| 2021 | -13.6% | -49.2% | +146.6% |
| 2020 | -4.9% | -7.7% | +18.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wv Professional Dance Company 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 Wv Professional Dance Company 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Wv Professional Dance Company
Is Wv Professional Dance Company a legitimate charity?
Wv Professional Dance Company (EIN: 311489960) is a registered tax-exempt nonprofit based in West Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $212K. No red flags identified. Financial health grade: A.
How does Wv Professional Dance Company spend its money?
Wv Professional Dance Company reported $212K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wv Professional Dance Company tax-deductible?
Wv Professional Dance Company is registered as a tax-exempt nonprofit (EIN: 311489960). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wv Professional Dance Company located?
Wv Professional Dance Company is headquartered in Beckley, West Virginia and files with the IRS under EIN 311489960. It is classified under NTEE code A62.
How many years of IRS 990 filings does Wv Professional Dance Company have?
Wv Professional Dance Company has 14 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 $212K in total revenue.
Filing History
IRS 990 filing history for Wv Professional Dance Company showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Wv Professional Dance Company's revenue has grown by 22.2%, moving from $178K to $218K. Total assets increased by 6911.2% over the same period, from $3K to $185K. Total functional expenses rose by 19%, from $177K to $211K. In its most recent filing year (2024), Wv Professional Dance Company reported a surplus of $7K, with revenue exceeding expenses. The organization holds $1K in liabilities against $185K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $184K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $218K | $211K | $185K | $1K | — | — |
| 2023 | $212K | $193K | $178K | $884 | — | View 990 |
| 2022 | $244K | $176K | $159K | $712 | — | View 990 |
| 2021 | $153K | $91K | $92K | $2K | — | View 990 |
| 2020 | $177K | $180K | $37K | $8K | — | View 990 |
| 2019 | $186K | $195K | $31K | $19 | — | View 990 |
| 2018 | $160K | $183K | $40K | $29 | — | View 990 |
| 2017 | $233K | $232K | $63K | $811 | — | View 990 |
| 2016 | $246K | $216K | $64K | $3K | — | View 990 |
| 2015 | $223K | $227K | $31K | $922 | — | View 990 |
| 2014 | $193K | $190K | $38K | $4K | — | View 990 |
| 2013 | $280K | $240K | $31K | $946 | — | View 990 |
| 2012 | $178K | $186K | $8K | $18K | — | View 990 |
| 2011 | $178K | $177K | $3K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $218K, expenses of $211K, and assets of $185K (revenue +2.8% year-over-year).
- 2023: Revenue of $212K, expenses of $193K, and assets of $178K (revenue -12.9% year-over-year).
- 2022: Revenue of $244K, expenses of $176K, and assets of $159K (revenue +59.0% year-over-year).
- 2021: Revenue of $153K, expenses of $91K, and assets of $92K (revenue -13.6% year-over-year).
- 2020: Revenue of $177K, expenses of $180K, and assets of $37K (revenue -4.9% year-over-year).
- 2019: Revenue of $186K, expenses of $195K, and assets of $31K (revenue +16.2% year-over-year).
- 2018: Revenue of $160K, expenses of $183K, and assets of $40K (revenue -31.3% year-over-year).
- 2017: Revenue of $233K, expenses of $232K, and assets of $63K (revenue -5.2% year-over-year).
- 2016: Revenue of $246K, expenses of $216K, and assets of $64K (revenue +10.4% year-over-year).
- 2015: Revenue of $223K, expenses of $227K, and assets of $31K (revenue +15.5% year-over-year).
- 2014: Revenue of $193K, expenses of $190K, and assets of $38K (revenue -30.9% year-over-year).
- 2013: Revenue of $280K, expenses of $240K, and assets of $31K (revenue +56.9% year-over-year).
- 2012: Revenue of $178K, expenses of $186K, and assets of $8K (revenue +-0.0% year-over-year).
- 2011: Revenue of $178K, expenses of $177K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wv Professional Dance Company:
Data Sources and Methodology
This transparency report for Wv Professional Dance Company 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.