Center For Modern Dance Education Inc
- Assets
- $98.7k
- Revenue
- $231.5k
- Investments
- $0.0
- Employees
- 13
- Location
- Hackensack, NJ
- Founding
- 06/1965
- Data as of
- 05/2022
- EIN
- 22-1699375
Organization Overview
Center For Modern Dance Education Inc is located in Hackensack, NJ. The organization was established in 1965. 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 05/2022, Center For Modern Dance Education Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Modern Dance Education 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 05/2022, Center For Modern Dance Education Inc generated $231.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $208.6k during the year ending 05/2022. While expenses have increased by 3.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVING AND PROMOTING MODERN DANCE IN THE COMMUNITY AND MAKING IT AVAILABLE TO EVERYONE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CMDE ENCOMPASSES A COMPLETE CURRICULUM OF MODERN DANCE AND RELATED ART FORMS FROM TODDLERS TO ADULTS; ONSITE OUTREACH PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elissa Machlin-Lockwood Artistic Director | Officer | 40 | $32,575 |
Barry Rochester Treasurer | OfficerTrustee | 12 | $8,800 |
Audrey Goodman President | OfficerTrustee | 2 | $0 |
Sharon Silow-Carroll Secretary | OfficerTrustee | 2 | $0 |
Richard Field Board Member | Trustee | 1 | $0 |
Danielle Hartman Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $164,789 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,255 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $193,044 |
| Total Program Service Revenue | $21,666 |
| Investment income | $15 |
| 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 | $231,478 |
| 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. | $47,025 |
| Compensation of current officers, directors, key employees. | $5,359 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,957 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,683 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,403 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,241 |
| Travel | $0 |
| 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 | $1,828 |
| Insurance | $5,604 |
| All other expenses | $4,023 |
| Total functional expenses | $208,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,056 |
| Savings and temporary cash investments | $52 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,062 |
| 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 | $19,523 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $98,693 |
| Accounts payable and accrued expenses | $1,592 |
| 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 | $1,592 |
| Net assets without donor restrictions | $97,101 |
| 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 | $98,693 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Center For Modern Dance Education Inc has recieved totaling $14,028.
| Awarding Organization | Amount |
|---|---|
Princeton Area Community Foundation Inc Lawrenceville, NJ PURPOSE: New Jersey Arts and Culture Recovery Fund Grant Ap | $14,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
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 |