The Rock School For Dance Education
- Assets
- $4.2m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 83
- Location
- Philadelphia, PA
- Founding
- 07/1993
- Data as of
- 08/2021
- EIN
- 23-2707419
Organization Overview
The Rock School For Dance Education is located in Philadelphia, PA. The organization was established in 1993. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 08/2021, Rock School For Dance Education employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rock School For Dance Education 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 08/2021, Rock School For Dance Education generated $3.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $3.9m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE HIGHEST QUALITY DANCE TRAINING AND EDUCATIONAL INSTRUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL HAS TRAINED DANCERS FOR THE PREMIER COMPANIES OF THE UNITED STATES AS WELL AS EUROPE, ASIA, AND BROADWAY. THERE ARE CURRENTLY ROCK SCHOOL DANCERS IN EVERY MAJOR BALLET COMPANY IN THE UNITED STATES AS WELL AS ABROAD. THE SCHOOL OFFERS A FULL RANGE OF PROGRAMS FOR ALL AGES. THE ROCK EXPERIENCE INSTILLS IN STUDENTS' SELF-DISCIPLINE AND AN EAGERNESS TO LEARN AND SUCCEED, ENRICHING THEIR LIVES REGARDLESS OF THE CAREERS THEY PURSUE. ANNUAL ENROLLMENT EXCEEDS 800 STUDENTS AND SCHOLARSHIPS OF OVER $350,000 ARE AWARDED PER YEAR FOR DANCE, ACADEMICS, RESIDENCY, AND OTHER PROGRAMS. DURING THE PERIOD SEPTEMBER 2020 AND AUGUST 2021, THE SCHOOL WAS FACED WITH CHALLENGES DUE TO THE IMPACT OF THE COVID 19 PANDEMIC SUCH AS REGISTRATION CAPACITY AND NO LIVE PERFORMANCES DUE SOCIAL DISTANCING RESTRICTIONS.
SUMMER - THE ROCK SCHOOL BALLET INTENSIVE IS A SELECTIVE, AUDITION-ONLY PROGRAM THAT IMMERSES ASPIRING DANCERS IN A COMPREHENSIVE EXPERIENCE WITH A SUPERIOR PERMANENT AND GUEST FACULTY. AN ESTIMATED 1,000 STUDENTS WORLD-WIDE AUDITION FOR THE PROGRAM THAT TEACHES APPROXIMATELY 400 STUDENTS.
ROCK WEST - THIS BRANCH SCHOOL HAS A LARGE, MOSTLY AVOCATIONAL STUDENT BODY OF 250 STUDENTS. IT OFFERS A FULL RANGE OF PROGRAMS FOR ALL AGES. ROCK WEST PRODUCES AND DEVELOPS TALENTED STUDENTS FOR ROCK CENTER AS WELL AS MUSICAL THEATER AND JAZZ DANCERS. AS WITH ROCK CENTER, THE ROCK WEST BRANCH SCHOOL EXPERIENCE INSTILLS IN STUDENTS' SELF-DISCIPLINE AND AN EAGERNESS TO LEARN, ENRICHING THEIR LIVES REGARDLESS OF THE CAREERS THEY PURSUE.
THE SCHOOL ALSO HAS OTHER PROGRAMS OUTSIDE OF ITS DANCE PROGRAMS. THESE PROGRAMS INCLUDE ACADEMICS, MEALS, COACHING AND COMPETITION, AND ITS OUTREACH PROGRAM CALLED ROCKREACH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bojan Spassoff Director & President | OfficerTrustee | 40 | $108,075 |
Clare Putnam Pozos Secretary | OfficerTrustee | 1 | $0 |
Ronald J Naples Vice Chairman | OfficerTrustee | 1 | $0 |
Robert Rock Vice Chairman | OfficerTrustee | 1 | $0 |
Nancy S Brodie Treasurer | OfficerTrustee | 1 | $0 |
Christopher Raphaely Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marine Club Apartments Student Housing | 8/30/17 | $371,460 |
Cabrini College Summer Program | 8/30/17 | $137,885 |
American Express Business Card Vendor | 8/30/17 | $244,579 |
Us Foods Food Supplies | 8/30/17 | $108,238 |
Goshen Equities Rock West Lease | 8/30/17 | $244,077 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $137,214 |
| Related organizations | $57,837 |
| Government grants | $424,604 |
| All other contributions, gifts, grants, and similar amounts not included above | $490,729 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,110,384 |
| Total Program Service Revenue | $2,399,823 |
| Investment income | $5,840 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,599 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,038 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,540,317 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $354,150 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,299 |
| Compensation of current officers, directors, key employees. | $12,795 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,457,719 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $89,147 |
| Payroll taxes | $110,935 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $96,229 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,828 |
| Advertising and promotion | $19,573 |
| Office expenses | $42,572 |
| Information technology | $65,593 |
| Royalties | $0 |
| Occupancy | $222,514 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $129,579 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $237,653 |
| Insurance | $52,875 |
| All other expenses | $78,320 |
| Total functional expenses | $3,861,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,199 |
| Savings and temporary cash investments | $87,718 |
| Pledges and grants receivable | $26,313 |
| Accounts receivable, net | $139 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $42,294 |
| Prepaid expenses and deferred charges | $31,088 |
| Net Land, buildings, and equipment | $3,267,523 |
| Investments—publicly traded securities | $464,781 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,857 |
| Total assets | $4,209,912 |
| Accounts payable and accrued expenses | $156,834 |
| Grants payable | $0 |
| Deferred revenue | $526,044 |
| 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 | $874,898 |
| Unsecured mortgages and notes payable | $150,000 |
| Other liabilities | $852,000 |
| Total liabilities | $2,559,776 |
| Net assets without donor restrictions | $1,623,823 |
| Net assets with donor restrictions | $26,313 |
| 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 | $4,209,912 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that The Rock School For Dance Education has recieved totaling $370,625.
| Awarding Organization | Amount |
|---|---|
William Penn Foundation Philadelphia, PA PURPOSE: ROCK REACH | $175,000 |
William Penn Foundation Philadelphia, PA PURPOSE: ROCK REACH | $175,000 |
Sheila Fortune Foundation Boulder, CO PURPOSE: ART PROGRAM SUPPORT | $5,000 |
Caroline J S Sanders Charitable Trust Ii 6514707 Las Vegas, NV PURPOSE: GENERAL SUPPORT | $5,000 |
T/D Joseph K Skilling Las Vegas, NV PURPOSE: GENERAL OPERATING | $3,000 |
Victory Fdn Wilmington, DE PURPOSE: ANNUAL FUND FOR DANCE EDUCATION | $2,500 |
Endowment Analysis
| Beg. Balance | $304,483 |
| Earnings | $33,030 |
| Admin Expense | -$337,513 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wellington School Columbus, OH | $38,979,520 | $21,884,199 |
Yeshiva University High Schools New York, NY | $22,674,721 | $20,464,649 |
Community Academy Of Philadelphia A Pennylvania Charter School Philadelphia, PA | $18,600,792 | $22,292,096 |
Cristo Rey Philadelphia High School Philadelphia, PA | $44,344,879 | $19,011,850 |
The Seed School Of Maryland Inc Baltimore, MD | $46,101,801 | $18,646,195 |
Valley Forge Military Academy Foundation Wayne, PA | $40,487,283 | $14,074,781 |
Jack M Barrack Hebrew Academy Bryn Mawr, PA | $28,446,825 | $17,100,040 |
Antioch College Corporation Yellow Springs, OH | $62,390,988 | $12,472,069 |
Linsly School Incorporated Wheeling, WV | $48,098,120 | $15,151,725 |
Dohn Community High School Cincinnati, OH | $3,470,956 | $16,370,625 |
Keio Academy Of New York Purchase, NY | $60,256,729 | $12,685,966 |
Glen Mills Schools Concordville, PA | $72,581,010 | $5,135,685 |