Gaston Dance Inc
- Assets
- $198.3k
- Revenue
- $218.3k
- Investments
- $0.0
- Employees
- 9
- Location
- Gastonia, NC
- Founding
- 11/1983
- Data as of
- 06/2022
- EIN
- 56-1357954
Organization Overview
Gaston Dance Inc is located in Gastonia, NC. The organization was established in 1983. 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 06/2022, Gaston Dance Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gaston Dance Inc 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 06/2022, Gaston Dance Inc generated $218.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $173.6k during the year ending 06/2022. While expenses have increased by 1.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATIONAL AND PERFORMANCE OPPORTUNITIES IN THE AREAS OF BALLET, JAZZ AND MODERN DANCE AND OFFERS CULTURAL ENRICHMENT OF DANCE PERFORMANCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE OTHER
PROVIDE EDUCATIONAL AND PERFORMANCE OPPORTUNITIES IN THE AREAS OF BALLET, JAZZ AND MODERN DANCE AND OFFERS CULTURAL ENRICHMENT OF DANCE PERFORMANCES TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Landon Massey Vice Preside | OfficerTrustee | $0 | |
Allison Wells Secretary | OfficerTrustee | $0 | |
James M Wallace President | Officer | $0 | |
Mark Epstein Board Member | Officer | $0 | |
Craig Watson Board Member | Officer | $0 | |
Ed Cross Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,435 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,745 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,180 |
| Total Program Service Revenue | $186,143 |
| Investment income | $22 |
| 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 | $218,345 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,157 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,978 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,449 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,455 |
| Advertising and promotion | $915 |
| Office expenses | $3,572 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,020 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,049 |
| All other expenses | $0 |
| Total functional expenses | $173,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,317 |
| Savings and temporary cash investments | $31,696 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,335 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $198,348 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $198,348 |
| Net assets with donor restrictions | $0 |
| 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 | $198,348 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Gaston Dance Inc has recieved totaling $50,512.
| Awarding Organization | Amount |
|---|---|
Gaston Arts Council Gastonia, NC | | $40,000 |
Gaston Community Foundation Gastonia, NC PURPOSE: GENERAL SUPPORT | $5,256 |
Gaston Community Foundation Gastonia, NC PURPOSE: GENERAL SUPPORT | $5,256 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charlotte Ballet Charlotte, NC | $20,235,608 | $4,763,253 |
American Dance Festival Inc Durham, NC | $15,847,262 | $2,712,778 |
Collage Dance Collective Inc Memphis, TN | $12,261,946 | $4,794,210 |
New Ballet Ensemble Memphis, TN | $2,810,421 | $1,613,011 |
Balletnova Center For Dance Falls Church, VA | $833,761 | $1,554,598 |
Manassas Performing Arts Inc Manassas, VA | $724,787 | $1,117,040 |
Ballet Virginia Norfolk, VA | $278,042 | $1,188,298 |
Several Dancers Core Inc Decatur, GA | $510,518 | $925,008 |
Broadway Dreams Foundation Corporation Alpharetta, GA | $370,059 | $1,061,609 |
Ballet Spartanburg Inc Spartanburg, SC | $819,790 | $819,483 |
Dancefx Athens, GA | $335,029 | $831,128 |
Chattanooga Ballet Inc Chattanooga, TN | $572,721 | $813,307 |