Reign Dance Theater
- Assets
- $4.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shakopee, MN
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-3483545
Organization Overview
Reign Dance Theater is located in Shakopee, MN. The organization was established in 2009. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reign Dance Theater 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 12/2021, Reign Dance Theater generated $55.8k 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 (9.5%) each year. All expenses for the organization totaled $38.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Travis President / Executive Director | 40 | $14,400 | |
Karissa Heerdt Secretary / Artistic Director | 15 | $6,124 | |
Andrea Berens Vice President / Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,608 |
| Total Program Service Revenue | $30,997 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $150 |
| Total Revenue | $55,755 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,514 |
| Professional fees and other payments to independent contractors | $286 |
| Occupancy, rent, utilities, and maintenance | $3,305 |
| Printing, publications, postage, and shipping | $218 |
| Other expenses | $9,515 |
| Total expenses | $38,838 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,090 |
| Other assets | $0 |
| Total assets | $4,090 |
| Total liabilities | $1,859 |
| Net assets or fund balances | $2,231 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Exercise Trainers Association Minneapolis, MN | $2,492,373 | $1,220,485 |
Danceworks Inc Milwaukee, WI | $878,331 | $1,224,253 |
Madison Ballet Inc Madison, WI | $2,499,145 | $1,057,651 |
Tu Dance St Paul, MN | $734,891 | $911,910 |
Red River Dance And Performing Company Fargo, ND | $462,616 | $603,612 |
Iowa State Dance Drill Team Associa Pella, IA | $390,590 | $500,398 |
Minnesota Dance Theatre & The Dance Institute Minneapolis, MN | $99,893 | $566,816 |
Royal Academy Of Dancing Milwaukee, WI | $359,611 | $544,618 |
Ananya Dance Theatre Minneapolis, MN | $1,499,402 | $1,184,302 |
Lakeville City Ballet Lakeville, MN | $164,893 | $404,380 |
Saint Paul Ballet Saint Paul, MN | $113,495 | $390,921 |
Kairos Alive Minneapolis, MN | $141,910 | $258,598 |