Ormao Dance Company
- Assets
- $52.9k
- Revenue
- $219.9k
- Investments
- $0.0
- Employees
- 14
- Location
- Colorado Springs, CO
- Founding
- 02/2011
- Data as of
- 12/2021
- EIN
- 20-2793024
Organization Overview
Ormao Dance Company is located in Colorado Springs, CO. The organization was established in 2011. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Ormao Dance Company employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ormao Dance Company 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 12/2021, Ormao Dance Company generated $219.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $209.6k during the year ending 12/2021. While expenses have increased by 5.8% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORMAO'S MISSION STATEMENT IS THREEFOLD: 1) TO PROVOKE, CHALLENGE, AND ENTERTAIN THOSE IN OUR COMMUNITY AND BEYOND THROUGH THE CREATIVE LANGUAGE OF DANCE. 2) TO ENCOURAGE DIVERSITY AND EXPERIMENTATION IN THE ARTS. 3) TO ENRICH AND ENHANCE CULTURAL OPPORTUNITIES WITHIN SOUTHERN COLORADO'S COMMUNITIES AND SCHOOLS BY SPEAR-HEADING INITIATIVES THAT BRING DANCE TO THE PUBLIC AND PROGRAMS THAT EDUCATE PEOPLE OF ALL AGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY ENGAGEMENT PROGRAMS RANGE FROM REGULAR "DANCE FOR PARKINSONS" CLASSES AND IN-SCHOOL EDUCATIONAL RESIDENCIES TO MATHTASTIC WHICH CREATIVELY COMBINES CURRICULUM MATH AND DANCE CONCEPTS IN ELEMENTARY SCHOOLS.
ORMAO DANCE COMPANY HAS BEEN A RESIDENT PROFESSIONAL DANCE COMPANY SINCE 1990.
ORMAO DANCE SCHOOL OFFERINGS INCLUDE OPEN TO THE PUBLIC DANCE CLASSES FOR AGES THREE TO ADULT AS WELL AS THREE MODERN DANCE YOUTH REPERTORY GROUPS PROVIDING BALANCED, RIGOROUS TRAINING AND PERFORMANCE OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Johnson Exe/artistic | Officer | 40 | $21,585 |
Kailani Dobson Secretary | OfficerTrustee | 1.5 | $0 |
Robin Izer Vice Preside | OfficerTrustee | 1.5 | $0 |
Tiffany Shorkey Treasurer | OfficerTrustee | 1.5 | $0 |
Mary Ann Kluge Director | Trustee | 1 | $0 |
Deb Mahan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,264 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,739 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,003 |
| Total Program Service Revenue | $127,915 |
| Investment income | $26 |
| 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 | $219,944 |
| 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. | $21,585 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,559 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,227 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,293 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,197 |
| Advertising and promotion | $1,836 |
| Office expenses | $5,772 |
| Information technology | $0 |
| Royalties | $556 |
| Occupancy | $44,245 |
| Travel | $649 |
| 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 | $0 |
| Insurance | $5,412 |
| All other expenses | $1,806 |
| Total functional expenses | $209,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,890 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,000 |
| Total assets | $52,890 |
| Accounts payable and accrued expenses | $8,712 |
| 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 | $9,976 |
| Other liabilities | $0 |
| Total liabilities | $18,688 |
| Net assets without donor restrictions | $34,202 |
| 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 | $52,890 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ormao Dance Company has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Bee Vradenburg Foundation Colorado Springs, CO PURPOSE: GENERAL OPERATING | $5,000 |
Bee Vradenburg Foundation Colorado Springs, CO PURPOSE: GENERAL OPERATING | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music Associates Of Aspen Inc Aspen, CO | $125,000,117 | $22,688,530 |
Hale Center Foundation For The Arts And Education Orem, UT | $4,571,112 | $5,633,884 |
Dancers Workshop Jackson, WY | $1,179,365 | $2,677,288 |
Omaha Conservatory Of Music Omaha, NE | $16,180,584 | $429,629 |
Barthelmes Conservatory Inc Tulsa, OK | $226,346 | $568,241 |
Lead Guitar Tucson, AZ | $382,387 | $804,490 |
Phoenix Conservatory Of Music Phoenix, AZ | $402,976 | $846,341 |
Taos School Of Music Incorporated Taos, NM | $3,000,343 | $563,635 |
Kansas Music Educators Association Wichita, KS | $613,034 | $482,576 |
Oklahoma Youth Orchestra Inc Oklahoma City, OK | $117,077 | $298,770 |
Crested Butte School Of Dance Inc Crested Butte, CO | $302,379 | $373,548 |
Dance Arts Los Alamos White Rock, NM | $79,826 | $313,726 |