Koresh Dance Company
- Assets
- $2.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 36
- Location
- Philadelphia, PA
- Founding
- 07/1993
- Data as of
- 12/2022
- EIN
- 23-2703616
Organization Overview
Koresh Dance Company is located in Philadelphia, PA. The organization was established in 1993. 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 12/2022, Koresh Dance Company employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Koresh 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 12/2022, Koresh Dance Company generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. 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
PROMOTE DANCE AND DANCE EDUCATION TO THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT EDUCATION SERVICES TO THE PUBLIC & COMMUNITY. DEVELOPMENT OF A DANCE REPERTORY TO PUBLIC & COMMUNITY.
DIRECT EDUCATION SERVICES TO THE PUBLIC & COMMUNITY. DEVELOPMENT OF A DANCE REPERTORY TO PUBLIC & COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alon Koresh Executive Di | Trustee | 40 | $67,600 |
Ronen Koresh Artistic Dir | Trustee | 40 | $57,200 |
Michele Barbone Board Member | Trustee | 1 | $0 |
Leslie Baker Boris Vice Preside | OfficerTrustee | 1 | $0 |
Joanna Chan Secretary | OfficerTrustee | 1 | $0 |
Niza Davidson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $74,832 |
| All other contributions, gifts, grants, and similar amounts not included above | $639,091 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $713,923 |
| Total Program Service Revenue | $589,455 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $117 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,303,501 |
| 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. | $124,800 |
| Compensation of current officers, directors, key employees. | $54,080 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $499,525 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,083 |
| Payroll taxes | $49,970 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $810 |
| Fees for services: Accounting | $2,908 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $69,938 |
| Office expenses | $15,853 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $97,592 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $81,142 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,891 |
| Insurance | $14,335 |
| All other expenses | $25,968 |
| Total functional expenses | $1,152,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,122 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $290,079 |
| 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 | $1,650,951 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $12,478 |
| Other assets | $0 |
| Total assets | $2,320,630 |
| Accounts payable and accrued expenses | $5,160 |
| Grants payable | $0 |
| Deferred revenue | $55,546 |
| 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 | $1,538,271 |
| Total liabilities | $1,598,977 |
| Net assets without donor restrictions | $348,655 |
| Net assets with donor restrictions | $372,998 |
| 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 | $2,320,630 |