Dancing Spirit INC

Tax-deductible

Ignacio, CO501(c)(3)Since 2010EIN 45-2753491Revenue $82K in FY2025

On file with the IRSdscac.orgPo Box 414, 81137-0414 · Ignacio, COTax-exempt since Jun 2014Publicly supported charity — 170(b)(1)(A)(vi)

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Our mission is to provide a community arts center to enhance creativity and fellowship; that promotes education, appreciation of arts; and celebrates the cultural heritage of our population

501(c)(3) charity; gifts are tax-deductible.
41¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $393K a year · 78% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
41%
of spending
Concern: 41% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $107K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$286K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$82K
-74% vs prior year
Spent
$95K
To programs
41%
Net assets
$1.2M
By yearFY2020–FY2025
Revenue
$82K
FY2025▼ -74%
Tap a bar for its year
Revenue by fiscal year
FY2020$66K
FY2021$146K
FY2022$88K
FY2023$1.1M
FY2024$309K
FY2025$82K
Expenses
$95K
FY2025▲ +64%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022Not on file
FY2023$176K
FY2024$58K
FY2025$95K
Net assets
$1.2M
FY2025▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$33K
FY2021$131K
FY2022$153K
FY2023$985K
FY2024$1.3M
FY2025$1.2M

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

41 cents of each dollar spent went to programs.

Program services 41% · $39K Management & general 59% · $57K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Kathleen Correia$21,475$21,475$14,400$12,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Fosters creativity and fellowship through community arts, education, and cultural heritage celebration.

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Provided by the organization

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1 program · $7K · in their own filed words · FY2025
01

Organizations primary exempt purpose The organization offers a venue for artists, healers, and educators to enhance, encourage, and empower our community through classes, workshops, and special events

$7Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 3 funders$107K
See all 3 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$82K
Ln 12
Gifts and grantsLn 1h$59K
Fees for servicesLn 2g$21K
Other incomeLn 4–11$2K
Money outPt IX
$95K
Ln 25
Programscol B$39K
Managementcol C$57K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$22K
Total assetsLn 16$1.5M
LiabilitiesLn 26$286K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$59K
Government grantsLn 1e$52K
Fees for servicesLn 2g$21K
Investment incomeLn 3$14
Other incomeLn 4–11$2K
Total revenueLn 12$82K
Assets in detailPt X, end of year
CashLn 1$95
SavingsLn 2$22K
Cash and savings togetherLn 1–2$22K
Land, buildings, equipmentLn 10c$1.4M
Total assetsLn 16$1.5M
LiabilitiesLn 26$286K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$8K$22K
Land, buildings, equipmentLn 10c$1.6M$1.4M
Total assetsLn 16$1.6M$1.5M
LiabilitiesLn 26$303K$286K
Net assetsLn 32$1.3M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$12K$12K
Payroll taxesLn 10$1K$1K
Management feesLn 11a$5K$4K$250
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$785$785
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$3K$3K
OccupancyLn 16$5K$5K
TravelLn 17$1$1
InterestLn 20$2K$2K
Payments to affiliatesLn 21$10K$10K
Depreciation, depletion and amortizationLn 22$47K$47K
InsuranceLn 23$905$905
Other expenses (24a–d)Ln 24$5K$4K$1K
All other expensesLn 24e$368$368
Total functional expensesLn 25$95K$39K$57K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $82K$95K−$14K$1.2M 990 PDF
FY2024 $309K$58K$251K$1.3M 990 PDF
FY2023 $1.1M$176K$943K$985K 990 PDF
FY2022 $88K$153K 990 PDF
FY2021 $146K$131K 990 PDF
FY2020 $66K$33K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $81,712 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $281,868$59,006
I-9 Program service revenuePrior year $10,355$20,999
I-10 Investment incomePrior year $2,956$14
I-11 Other revenuePrior year $13,536$1,693
I-12 Total revenuePrior year $308,715$81,712
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $9,236$13,288
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $48,799$82,119
I-18 Total expensesPrior year $58,035$95,407
I-19 Revenue less expensesPrior year $250,680−$13,695
Part VI · Governance 0 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $81,712 across 7 lines filed
VIII-1e Government grants$52,000
VIII-1f All other contributions, gifts and grants$7,006
VIII-1h Total contributions, gifts and grants$59,006
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $20,999$20,999
VIII-3 Investment incomeUnrelated business $14$14
VIII-8 Net income from fundraising events$1,693
VIII-12 Total revenueRelated to mission $20,999 · Unrelated business $14$81,712
Part IX · Statement of functional expenses $95,407 across 15 lines filed
IX-7 Other salaries and wagesPrograms $12,080$12,080
IX-10 Payroll taxesPrograms $1,208$1,208
IX-11a Management feesPrograms $4,289 · Management $250$4,539
IX-11c Accounting feesManagement $3,098$3,098
IX-11g Other fees for servicesManagement $785$785
IX-12 Advertising and promotionPrograms $2,331$2,331
IX-13 Office expensesManagement $2,574$2,574
IX-16 OccupancyPrograms $4,519$4,519
IX-17 TravelManagement $1$1
IX-20 InterestManagement $1,559$1,559
IX-21 Payments to affiliatesPrograms $9,746$9,746
IX-22 Depreciation, depletion and amortizationManagement $46,521$46,521
IX-23 InsuranceManagement $905$905
IX-24 Other expenses (24a–d)Programs $4,129 · Management $1,044$5,173
IX-24e All other expensesPrograms $368$368
IX-25 Total functional expensesPrograms $38,670 · Management $56,737 · Fundraising $0$95,407
Part X · Balance sheet $1,505,668 assets, 8 lines filed
Asset lines not itemized here account for $34,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $95$95
X-2 Savings and temporary cash investmentsStart of year $8,346$22,261
X-10c Land, buildings and equipment, netStart of year $1,565,627$1,449,312
X-16 Total assetsStart of year $1,574,068$1,505,668
X-17 Accounts payable and accrued expensesStart of year $31$31
X-26 Total liabilitiesStart of year $303,113$286,077
X-32 Total net assets or fund balancesStart of year $1,270,955$1,219,591
X-33 Total liabilities and net assetsStart of year $1,574,068$1,505,668
Part XI · Reconciliation of net assets $1,219,591 net assets at year end
XI-1 Total revenue$81,712
XI-2 Total expenses$95,407
XI-3 Revenue less expenses−$13,695
XI-4 Net assets at start of year$1,270,955
XI-9 Other changes in net assets−$37,669
XI-10 Net assets at end of year$1,219,591

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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