Dancefusion Inc
- Assets
- $50.9k
- Revenue
- $265.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Phila, PA
- Founding
- 04/1988
- Data as of
- 06/2023
- EIN
- 22-2852277
Organization Overview
Dancefusion Inc is located in Phila, PA. The organization was established in 1988. 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 06/2023, Dancefusion Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dancefusion 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 06/2023, Dancefusion Inc generated $265.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $318.5k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
DANCEFUSION, INC. IS A MODERN DANCE REPERTORY COMPANY DEDICATED TO BOTH THE RECONSTRUCTION OF HISTORIC WORKS FROM AMERICA'S RICH RECORD OF MODERN DANCE AND CREATING INNOVATIVE WORKS BY EXPLORING NEW CHOREOGRAPHIC DIRECTIONS FOR THE FUTURE. WE PROVIDE DANCE TRAINING THROUGH PROGRAMS AT THE GWENDOLYN BYE DANCE CENTER, EDUCATIONAL RESIDENCIES FOR THE COMMUNITY, AND NURTURE FUSION2, OUR TRAINING COMPANY FOR YOUNG DANCERS. DANCEFUSION AIMS TO EXPAND AWARENESS AND APPRECIATION OF MODERN DANCE BY PRESENTING OUR PROGRAMS AND PERFORMANCES TO DIVERSE AUDIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GWENDOLYN BYE DANCE CENTER-INCLUSIVE AND DIVERSE PROGRAM DEDICATED TO SUPERIOR TRAINING THROUGH DANCE CLASSES AND PERFORMANCES THROUGHOUT GREATER PHILADELPHIA. APPROXIMATELY 95 STUDENTS ATTENDED ONE OR SEVERAL OF THE 21 CLASSES OFFERED EACH WEEK FROM BEGINNER TO PROFESSIONAL IN BALLET, MODERN, JAZZ, TAP, HIP-HOP, AFRICAN DANCE, AND MUSICAL THEATER. THE SCHOOL OFFERS SCHOLARSHIPS TO TALENTED CHILDREN WHO WOULD NOT NORMALLY HAVE THE RESOURCES TO AFFORD DANCE TRAINING. A TOTAL OF 50 VOLUNTEER HOURS OF LEGAL SERVICES, AND STRATEGIC BUSINESS PLANNING WERE DONATED BY A LAW FIRM, AND AN INDIVIDUAL RESPECTIVELY.
DANCEFUSION IS CELEBRATING 36 YEARS OF PRESENTING, EDUCATING, AND PRESERVING AMERICAN MODERN DANCE.TWELVE HISTORIC WORKS BY LEGENDARY CHOREOGRAPHERS HAVE BEEN RECONSTRUCTED. THIRTY ONE NEW WORKS HAVE BEEN CREATED BY COMPANY MEMBERS AND GUEST CHOREOGRAPHERS. EDUCATIONAL RESIDENCIES AND PERFORMANCES HAVE BEEN PRESENTED TO OVER 25000 SCHOOL CHILDREN IN OVER 50 SCHOOLS THROUGHOUT GREATER PHILADELPHIA. FUSION2-A TRAINING GROUND FOR YOUNG DANCERS, HAS PROVIDED 27 YEARS OF TRAINING, PERFORMANCE OPPORTUNITIES, AND COMMUNITY OUTREACH. THE COMPANY PERFORMED AT SPRING AND HOLIDAY RECITALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gwendolyn Bye Schulman Executive Di | Trustee | 40 | $42,820 |
Eric Corson Board | Trustee | 1 | $0 |
Robin Dominick Treasurer | Trustee | 1 | $0 |
Diane Gallagher Board | Trustee | 1 | $0 |
Tonja Johnson Board | Trustee | 1 | $0 |
Elizabeth Lindsay Board | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,445 |
| Related organizations | $0 |
| Government grants | $26,552 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,479 |
| Noncash contributions included in lines 1a–1f | $510 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,476 |
| Total Program Service Revenue | $202,284 |
| 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 | $7,644 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $617 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $265,036 |
| 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. | $51,325 |
| Compensation of current officers, directors, key employees. | $5,140 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,410 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,407 |
| Payroll taxes | $7,132 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,921 |
| Advertising and promotion | $10,774 |
| Office expenses | $817 |
| Information technology | $113 |
| Royalties | $75 |
| Occupancy | $70,733 |
| Travel | $1,054 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,008 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $787 |
| Insurance | $4,986 |
| All other expenses | $9,966 |
| Total functional expenses | $318,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,940 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,048 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,419 |
| Prepaid expenses and deferred charges | $3,913 |
| Net Land, buildings, and equipment | $13,576 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $50,896 |
| Accounts payable and accrued expenses | $23,906 |
| 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 | $11,680 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $133,983 |
| Other liabilities | $10,649 |
| Total liabilities | $180,218 |
| Net assets without donor restrictions | -$129,322 |
| 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 | $50,896 |