Royal Academy Of Dancing
- Assets
- $325.6k
- Revenue
- $561.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Milwaukee, WI
- Founding
- 08/1966
- Data as of
- 07/2024
- EIN
- 22-1941893
Organization Overview
Royal Academy Of Dancing is located in Milwaukee, WI. The organization was established in 1966. 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 07/2024, Royal Academy Of Dancing employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Royal Academy Of Dancing 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 07/2024, Royal Academy Of Dancing generated $561.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $554.1k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (2.6%) 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE KNOWLEDGE, UNDERSTANDING AND PRACTICE OF DANCE INTERNATIONALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION, KNOWLEDGE, UNDERSTANDING AND PRACTICE OF DANCE INTERNATIONALLY THROUGH EDUCATING AND TRAINING STUDENTS AND TEACHERS AND PROVIDING EXAMINATIONS TO REWARD ACHIEVEMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Arthur CEO | OfficerTrustee | 40 | $0 |
Alexander Campbell Artistic Dir | OfficerTrustee | 40 | $0 |
Penny Cotton Membership Dir | OfficerTrustee | 40 | $0 |
Michelle Groves Dir Of Edu | Trustee | 40 | $0 |
Susi Pink Dir. Marketing | Trustee | 40 | $0 |
Renu Randhawa Dir Of Finance | Trustee | 40 | $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 | $150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $150 |
| Total Program Service Revenue | $534,908 |
| Investment income | $3,218 |
| 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 | $22,463 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $561,089 |
| 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 | $126,223 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,953 |
| Payroll taxes | $9,869 |
| Fees for services: Management | $49,821 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,719 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,575 |
| Office expenses | $514 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,726 |
| Travel | $63,335 |
| 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 | $442 |
| Insurance | $2,006 |
| All other expenses | $34,727 |
| Total functional expenses | $554,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,263 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,354 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $65,713 |
| 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 | $157,316 |
| Total assets | $325,646 |
| Accounts payable and accrued expenses | $6,861 |
| 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 | $115,762 |
| Total liabilities | $122,623 |
| Net assets without donor restrictions | $203,023 |
| 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 | $325,646 |