New Dance Complex Inc
- Assets
- $1.1m
- Revenue
- $808.7k
- Investments
- $0.0
- Employees
- 11
- Location
- Cambridge, MA
- Founding
- 04/1993
- Data as of
- 06/2021
- EIN
- 04-3131964
Organization Overview
New Dance Complex Inc, operating under the name The Dance Complex, is located in Cambridge, MA. The organization was established in 1993. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Dance Complex employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dance Complex is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Dance Complex generated $808.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $706.7k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADMINISTRATING A DANCE CENTER FOR COMMUNITY AND EDUCATIONAL PURPOSES.
Describe the Organization's Program Activity:
THE ORGANIZATION PROVIDED DANCE STUDIO SPACE FOR CLASSES, REHEARSAL, PERFORMANCES, AND EDUCATIONAL PURPOSES INCLUDING COMMUNITY PROJECTS SUCH AS DANCE MONTH.
THE ORGANIZATION PROVIDED DANCE STUDIO SPACE FOR CLASSES, REHEARSAL, PERFORMANCES, AND EDUCATIONAL PURPOSES INCLUDING COMMUNITY PROJECTS SUCH AS DANCE MONTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Dimuro Executive Di | Officer | $0 | |
Ann Brown Allen Clerk | Officer | $0 | |
Holly Crary Asst Clerk/d | Officer | $0 | |
Andrew Cornell Chair/direct | Officer | $0 | |
Renee Stacey Co-President | Officer | $0 | |
Mary Mccarthy Co-President | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $138,291 |
| All other contributions, gifts, grants, and similar amounts not included above | $358,445 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $496,736 |
| Total Program Service Revenue | $293,208 |
| Investment income | $1,224 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,532 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $808,700 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,200 |
| Compensation of current officers, directors, key employees. | $24,360 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $112,388 |
| Pension plan accruals and contributions | $4,850 |
| Other employee benefits | $0 |
| Payroll taxes | $17,891 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,688 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,792 |
| Advertising and promotion | $1,583 |
| Office expenses | $24,488 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,500 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,472 |
| Insurance | $48,401 |
| All other expenses | $50,139 |
| Total functional expenses | $706,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,089 |
| Savings and temporary cash investments | $319,547 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,580 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,931 |
| Net Land, buildings, and equipment | $552,966 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,052,113 |
| Accounts payable and accrued expenses | $6,134 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $622,839 |
| Total liabilities | $628,973 |
| Net assets without donor restrictions | $387,610 |
| Net assets with donor restrictions | $35,530 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,052,113 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that New Dance Complex Inc has recieved totaling $170,172.
| Awarding Organization | Amount |
|---|---|
Klarman Family Foundation Boston, MA PURPOSE: FUNDER COLLABORATIONS AND BOLD BETS: UNRESTRICTED OPERATING SUPPORT FOR FISCAL YEARS 2022, 2023, AND 2024, AS A PART OF THE BARR-KLARMAN MASSACHUSETTS ARTS INITIATIVE (RAPID RESPONSE) | $72,975 |
Barr Foundation Boston, MA PURPOSE: ARTS & CREATIVITY: TO SUPPORT PARTICIPATION IN YEARS 4-6 OF THE BARR KLARMAN MASSACHUSETTS ARTS INITIATIVE | $43,050 |
Klarman Family Foundation Boston, MA PURPOSE: FUNDER COLLABORATIONS AND BOLD BETS: UNRESTRICTED OPERATING SUPPORT FOR FISCAL YEARS 2022, 2023, AND 2024, AS A PART OF THE BARR-KLARMAN MASSACHUSETTS ARTS INITIATIVE (RAPID RESPONSE) | $43,050 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,097 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alvin Ailey Dance Foundation Inc New York, NY | $224,568,695 | $40,132,303 |
Gina Gibney Dance Inc New York, NY | $10,706,486 | $12,870,414 |
Ballet Hispanico Of New York New York, NY | $24,516,405 | $5,803,635 |
Jacobs Pillow Dance Festival Inc Becket, MA | $50,618,453 | $15,555,045 |
Discalced Inc Brooklyn, NY | $21,807,049 | $14,438,321 |
New York Live Arts Inc New York, NY | $18,773,149 | $10,002,942 |
Paul Taylor Dance Foundation Inc New York, NY | $13,013,484 | $8,150,910 |
Joyce Theater Foundation Inc New York, NY | $65,012,257 | $14,438,714 |
National Dance Institute Inc New York, NY | $32,990,877 | $6,945,631 |
Baryshnikov Arts Center Inc New York, NY | $23,842,997 | $3,582,683 |
Purelements An Evolution In Dance Brooklyn, NY | $717,420 | $2,009,900 |
Dancing Classrooms Inc New York, NY | $1,646,971 | $2,056,181 |