Shen Wei Dance Arts Inc
- Assets
- $72.7k
- Revenue
- $24.7k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2002
- Data as of
- 06/2021
- EIN
- 06-1634051
Organization Overview
Shen Wei Dance Arts Inc is located in New York, NY. The organization was established in 2002. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shen Wei Dance Arts Inc 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, Shen Wei Dance Arts Inc generated $24.7k 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 (47.7%) each year. All expenses for the organization totaled $60.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (40.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SHEN WEI DANCE ARTS IS DEDICATED TO THE CREATION, PRESENTATION, AND DISSEMINATION OF THE WORKS OF ARTISTIC DIRECTOR SHEN WEI, WHOSE MOVEMENT- BASED WORKS ARE AN INNOVATIVE FUSION OF EAST AND WEST, DRAWING ON INFLUENCES FROM CONTEMPORARY DANCE, CHINESE OPERA AND ARTS, WESTERN PAINTING AND SCULPTURE, AND THE RITUAL POWER OF ANCIENT DRAMA. THE COMPANY ASPIRES TO FOSTER CROSS-CULTURAL DIALOGUES OF WESTERN AND ASIAN AESTHETICS AND CULTURES FOR AMERICAN AND GLOBAL AUDIENCES-PROMOTING CULTURAL UNDERSTANDING THROUGH PERFORMANCES, CULTURAL DIPLOMACY, AND EDUCATIONAL PROGRAMMING FOR PEOPLE OF ALL AGES. CONCOMITANT WITH THE COMPANY'S MISSION IS THE DEVELOPMENT OF DANCE LITERACY AMONG STUDENTS AND GENERAL POPULATIONS AND THE TEACHING OF THE COMPANY'S UNIQUE NATURAL BODY DEVELOPMENT TECHNIQUE TO PROFESSIONAL AND PRE-PROFESSIONAL DANCERS. THE COMPANY GIVES ANNUAL PERFORMANCES AND EXHIBITIONS AT LEADING VENUES IN ITS HOME COMMUNITY OF NEW YORK CITY, ACROSS THE US AND INTERNATIONALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTS-IN-EDUCATION: NYC SCHOOL OUTREACH WAS SUSPENDED DUE TO THE COVID 19 PANDEMIC. MASTER CLASSES CONTINUE WEEKLY AND REACH PROFESSIONAL AND PRE- PROFESSIONAL DANCERS IN THE GREATER NYC AREA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shen Wei President | OfficerTrustee | 1 | $0 |
Toni Wang Mcnicoll Co-Chair/ Co | OfficerTrustee | 1 | $0 |
Maria C Pyrros Vergos Co-Chair/ Co | OfficerTrustee | 1 | $0 |
Mei Wu Stanton Secretary | OfficerTrustee | 1 | $0 |
Eric S Wei Board Member | Trustee | 1 | $0 |
Helen Y Little Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $46 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $24,720 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,525 |
| Advertising and promotion | $0 |
| Office expenses | $2,628 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,882 |
| Travel | $476 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,242 |
| Insurance | $3,847 |
| All other expenses | $0 |
| Total functional expenses | $60,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,146 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $41,535 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $72,681 |
| Accounts payable and accrued expenses | $7,140 |
| 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 | $0 |
| Total liabilities | $7,140 |
| Net assets without donor restrictions | $65,541 |
| Net assets with donor restrictions | $0 |
| 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 | $72,681 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shen Wei Dance Arts Inc has recieved totaling $8,800.
| Awarding Organization | Amount |
|---|---|
Us-China Cultural Institute Inc New York, NY PURPOSE: TO SUPPORT THE PRESENTATIONS OF CHINESE CULTURE | $8,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Balletx Philadelphia, PA | $5,194,722 | $3,970,836 |
Purelements An Evolution In Dance Brooklyn, NY | $717,420 | $2,009,900 |
Dancing Classrooms Inc New York, NY | $1,646,971 | $2,056,181 |
Pascal Rioult Dance Theatre Inc Astoria, NY | $4,827,802 | $1,646,430 |