Hollywood Studio Of Dance
- Assets
- $40.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 06/1996
- Data as of
- 12/2023
- EIN
- 41-1798405
Organization Overview
Hollywood Studio Of Dance is located in Minneapolis, MN. The organization was established in 1996. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Hollywood Studio Of Dance 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 12/2023, Hollywood Studio Of Dance generated $129.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $130.7k during the year ending 12/2023. While expenses have increased by 7.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE PROFESSIONAL DANCE INSTRUCTION IN A POSITIVE, CREATIVE AND SUPPORTIVE ENVIRONMENT WITHIN THE INNER CITY, DANCE RECITALS, 60 PUPILS BENEFITED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Owens President | 2 | $0 | |
Yolanda Davis Vice President | 2 | $0 | |
Phyllicia Wise Treasurer | 2 | $0 | |
Jasmine Applewhite Secretary | 2 | $0 | |
Frankie Elliot Board Member | 2 | $1,500 | |
Diane Robinson Artistic Director | 40 | $16,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,147 |
| Total Program Service Revenue | $96,901 |
| Membership dues | $0 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $129,078 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,100 |
| Professional fees and other payments to independent contractors | $15,395 |
| Occupancy, rent, utilities, and maintenance | $50,252 |
| Printing, publications, postage, and shipping | $1,123 |
| Other expenses | $45,852 |
| Total expenses | $130,722 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,686 |
| Other assets | $0 |
| Total assets | $40,686 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,686 |