Paul Taylor Dance Foundation Inc
- Assets
- $13.0m
- Revenue
- $8.2m
- Investments
- $0.0
- Employees
- 105
- Location
- New York, NY
- Founding
- 09/1983
- Data as of
- 06/2022
- EIN
- 13-2665475
Organization Overview
Paul Taylor Dance Foundation Inc, operating under the name Paul Taylor American Modern Dance, is located in New York, NY. The organization was established in 1983. 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 06/2022, Paul Taylor American Modern Dance employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paul Taylor American Modern Dance 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 06/2022, Paul Taylor American Modern Dance generated $8.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $6.4m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CULTIVATE, PROMOTE AND ENCOURAGE UNDERSTANDING OF AND PUBLIC INTEREST IN THE ARTS THROUGH THE PERFORMANCES OF WORKS BY PAUL TAYLOR AND OTHER MODERN DANCE CHOREOGRAPHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW CHOREOGRAPHY AND PRESERVATION OF TAYLOR DANCESCREATION OF NEW WORKS BY MULTIPLE CHOREOGRAPHERS AND PRESERVATION OF PAUL TAYLOR WORKS, AND LICENSING OF PAUL TAYLOR WORKS TO OTHER DANCE COMPANIES.NEW WORKS BY CHOREOGRAPHERS LAUREN LOVETTE, PETER CHU AND MICHELLE MANZANELES CONTINUED EVEN DURING THE PANDEMIC. THE LICENSING OF PAUL TAYLOR CHOREOGRAPHY BY PAUL TAYLOR CONTINUED DESPITE THE PANDEMIC, WITH ON-LINE STAGINGS VIA ZOOM.
THE PAUL TAYLOR DANCE COMPANY NATIONAL TOURING AFTER A HIATUS DUE TO COVID-19, THE COMPANY RESUMED TOURING NATIONALLY. PERFORMANCES WERE HELD AT THE KENNEDY CENTER IN WASHINGTON DC, IN MINNEAPOLIS MN, HARRISBURG AND PITTSBURGH PA, AND NAPLES FL AMONG OTHER VENUES.
PRESENTATION OF THE PAUL TAYLOR DANCE COMPANY IN NEW YORKAFTER A HIATUS DUE TO COVID-19, THE FOUNDATION PRESENTED PERFORMANCES AT THE JOYCE THEATER AND CO-PRESENTED PERFORMANCES AT CITY CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Novak Artistic Director | OfficerTrustee | 60 | $177,672 |
John Tomlinson Executive Director | OfficerTrustee | 60 | $199,726 |
Robert Aberlin Co-Chair | OfficerTrustee | 20 | $0 |
Nancy Coles Co-Chair | OfficerTrustee | 20 | $0 |
Richard Feldman Vice Chairman | OfficerTrustee | 5 | $0 |
Douglas Peterson Vice Chairman | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,054,496 |
| Related organizations | $0 |
| Government grants | $1,240,283 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,033,415 |
| Noncash contributions included in lines 1a–1f | $1,120,420 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,328,194 |
| Total Program Service Revenue | $820,515 |
| Investment income | $86,544 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $23,972 |
| Net Gain/Loss on Asset Sales | -$138,869 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,150,910 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $39,410 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $590,924 |
| Compensation of current officers, directors, key employees. | $238,094 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,270,026 |
| Pension plan accruals and contributions | $14,505 |
| Other employee benefits | $219,034 |
| Payroll taxes | $375,329 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,964 |
| Fees for services: Accounting | $42,633 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $37,555 |
| Fees for services: Other | $357,112 |
| Advertising and promotion | $38,003 |
| Office expenses | $145,875 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $690,085 |
| Travel | $364,601 |
| 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 | $279,509 |
| Insurance | $52,955 |
| All other expenses | $5,278 |
| Total functional expenses | $6,390,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $461,856 |
| Savings and temporary cash investments | $81,566 |
| Pledges and grants receivable | $2,095,490 |
| Accounts receivable, net | $126,593 |
| 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 | $117,195 |
| Net Land, buildings, and equipment | $1,455,310 |
| Investments—publicly traded securities | $8,582,524 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $92,950 |
| Total assets | $13,013,484 |
| Accounts payable and accrued expenses | $116,761 |
| Grants payable | $0 |
| Deferred revenue | $61,700 |
| 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 | $144,493 |
| Total liabilities | $322,954 |
| Net assets without donor restrictions | $9,288,860 |
| Net assets with donor restrictions | $3,401,670 |
| 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 | $13,013,484 |