Music And Dance Foundation Inc
- Assets
- $2.7m
- Revenue
- $116.1k
- Investments
- $2.6m
- Employees
- 0
- Location
- Florham Park, NJ
- Founding
- 02/1991
- Data as of
- 06/2022
- EIN
- 13-3574289
Organization Overview
Music And Dance Foundation Inc is located in Florham Park, NJ. The organization was established in 1991. 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. Music And Dance Foundation 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 06/2022, Music And Dance Foundation Inc generated $116.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $272.8k during the year ending 06/2022. While expenses have increased by 3.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Music And Dance Foundation Inc has awarded 68 individual grants totaling $937,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norton Owen President | 1 | $0 | |
Lyn Freilenghaus Vice-President | 1 | $0 | |
Jo-Ann Victor Treasurer | 1 | $0 | |
Wanda Fleck Secretary | 1 | $0 | |
Nancy Lushington Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14 |
| Dividends & Interest | $14 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $116,043 |
| Capital Gain Net Income | $116,043 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $116,071 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,964 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,569 |
| Total operating and administrative expenses | $13,783 |
| Contributions, gifts, grants paid | $259,000 |
| Total expenses and disbursements | $272,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,583 |
| Savings and temporary cash investments | $53,486 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,677,039 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Music And Dance Foundation Inc has awarded $259,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
MARTHA GRAHAM CENTER PURPOSE: GENERAL | $40,000 |
BARD COLLEGE PURPOSE: GENERAL | $35,000 |
New York, NY PURPOSE: GENERAL | $25,000 |
Brooklyn, NY PURPOSE: GENERAL | $20,000 |
New York, NY PURPOSE: GENERAL | $18,500 |
WORKS IN PROCESS INC PURPOSE: GENERAL | $17,500 |
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 |
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 |