Dance Downtown La Inc
- Assets
- $2.1m
- Revenue
- $3.4m
- Investments
- $8.4k
- Employees
- 29
- Location
- Los Angeles, CA
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 45-4887427
Organization Overview
Dance Downtown La Inc, operating under the name La Dance Project, is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (A63) the organization is classified as: Ballet, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, LA Dance Project employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Dance Project 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, LA Dance Project generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 4.2% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE NEW DANCE WORKS AND REVIVE HISTORIC COLLABORATIONS FROM INFLUENTIAL DANCE MAKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DANCE DOWNTOWN LA CREATES INNOVATIVE PLATFORMS FOR DANCE AND EXPANDS THE EXPERIENCE OF DANCE AND DANCE EDUCATION TO AUDIENCES AND STUDENTS OF ALL AGES. THE ORGANIZATION STRIVES TO PRESENT THE HIGHEST QUALITY OF ARTISTRY AND PERFORMANCES TO THE WIDEST POSSIBLE AUDIENCE. IN DOING SO, THE COMPANY EXPANDS AND DIVERSIFIES ITS CLASSICAL AND CONTEMPORARY REPERTOIRE WHILE AT THE SAME TIME PROVIDING THE HIGHEST LEVEL OF ARTISTIC AND PROFESSIONAL TRAINING FOR ITS DANCERS. THROUGH ITS ACTIVITIES, INCLUDING PERFORMANCES AND EDUCATIONAL OUTREACH, DANCE DOWNTOWN LA WORKS TO EXPAND THE CULTURAL LIVES OF ADULTS AND CHILDREN THROUGHOUT THE UNITED STATES AND THE WORLD BY BRINGING TO THE AUDIENCE A UNIQUE COMBINATION OF DANCE, MUSIC, AND VISUAL ARTS.
DANCE DOWNTOWN LA DIRECTLY PAYS FOR TRAVEL EXPENSES FOR ITS DANCERS AND CREW FOR TRAVEL ABROAD RELATED TO FOREIGN PERFORMANCES. IN SOME CASES, THE DANCERS AND CREW ARE GIVEN A PER DIEM FOR TRAVEL RELATED EXPENSES. IN 2021, THE ORGANIZATION INCURRED TRAVEL AND PRODUCTION EXPENSES OF $16,207 IN EUROPE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucinda Gould Lent Executive Director | Officer | 40 | $122,156 |
Benjamin Millepied President | OfficerTrustee | 25 | $93,360 |
Christopher Macdougall Secretary | OfficerTrustee | 30 | $79,350 |
Mark Terbeek Board Member | Trustee | 1 | $0 |
Phoebe Balson Board Member | Trustee | 1 | $0 |
Albina Hunt Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $341,002 |
| Related organizations | $0 |
| Government grants | $564,326 |
| All other contributions, gifts, grants, and similar amounts not included above | $892,404 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,797,732 |
| Total Program Service Revenue | $1,625,402 |
| Investment income | $218 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,424,604 |
| 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. | $294,866 |
| Compensation of current officers, directors, key employees. | $35,384 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $946,836 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $96,168 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,695 |
| Fees for services: Accounting | $55,917 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $236,324 |
| Advertising and promotion | $22,078 |
| Office expenses | $65,382 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $127,895 |
| Travel | $54,569 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,828 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $146,825 |
| Insurance | $7,841 |
| All other expenses | $1,262 |
| Total functional expenses | $2,234,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,767,549 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,808 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,000 |
| Prepaid expenses and deferred charges | $22,709 |
| Net Land, buildings, and equipment | $241,921 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $8,378 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,086,365 |
| Accounts payable and accrued expenses | $85,038 |
| 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 | $190,894 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $233,679 |
| Other liabilities | $0 |
| Total liabilities | $509,611 |
| Net assets without donor restrictions | $1,566,754 |
| Net assets with donor restrictions | $10,000 |
| 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 | $2,086,365 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Dance Downtown La Inc has recieved totaling $211,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $105,000 |
The Eloise Susanna Gale Foundation New York, NY PURPOSE: GENERAL | $53,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Arts & Culture | $15,000 |
The Wilhelm Family Foundation Los Angeles, CA PURPOSE: 2021-2022 LAUNCH: LA RESIDENCY PROGRAM | $10,000 |
Broussard Charitable Foundation Tr Cincinnati, OH PURPOSE: ANNUAL DONATION | $10,000 |
The Annenberg Foundation Conshohocken, PA PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregon Ballet Theatre Portland, OR | $8,514,467 | $9,410,499 |
Ballet Arizona Phoenix, AZ | $11,465,321 | $6,255,701 |
The Wooden Floor For Youth Movement Santa Ana, CA | $14,794,829 | $2,954,503 |
Smuin Ballets-Sf San Francisco, CA | $10,091,492 | $3,860,023 |
Dance Downtown La Inc Los Angeles, CA | $2,086,365 | $3,424,604 |
Eugene Ballet Eugene, OR | $4,036,956 | $2,163,393 |
Long Beach Ballet Arts Center Long Beach, CA | $362,666 | $1,208,690 |
Berkeley Ballet Theatre Inc Berkeley, CA | $687,595 | $961,031 |
Diablo Ballet Walnut Creek, CA | $266,639 | $1,136,427 |
City Ballet Inc San Diego, CA | $417,360 | $1,107,736 |
Sacramento Ballet Association Sacramento, CA | $1,802,888 | $1,450,933 |
Palo Alto Ballet Incorporated Mountain View, CA | $710,420 | $1,161,787 |