Momentum Dance Company
- Assets
- $1.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coconut Grove, FL
- Founding
- 09/1982
- Data as of
- 12/2021
- EIN
- 59-2186047
Organization Overview
Momentum Dance Company is located in Coconut Grove, FL. The organization was established in 1982. 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. Momentum Dance Company 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, Momentum Dance Company generated $44.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $53.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 7 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 |
|---|---|---|---|
Delma Iles Artistic/exec. Director | 20 | $15,358 | |
Franklin Caplan Vice President | 0 | $0 | |
Dr Barry Burak President | 0 | $0 | |
Lauren Clancy Treasurer | 0 | $0 | |
Lilia Garcia Board Member | 0 | $0 | |
Marcia Kreitman Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,905 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,905 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,358 |
| Professional fees and other payments to independent contractors | $18,421 |
| Occupancy, rent, utilities, and maintenance | $1,353 |
| Printing, publications, postage, and shipping | $298 |
| Other expenses | $17,614 |
| Total expenses | $53,044 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,502 |
| Other assets | $0 |
| Total assets | $1,502 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,502 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Miami Dance Project Inc Miami, FL | $244,845 | $1,001,532 |
Several Dancers Core Inc Decatur, GA | $510,518 | $925,008 |
Broadway Dreams Foundation Corporation Alpharetta, GA | $370,059 | $1,061,609 |
Dance Alive Inc Gainesville, FL | $122,284 | $818,209 |
Dancefx Athens, GA | $335,029 | $831,128 |
The Sarasota Cuban Ballet School Inc Sarasota, FL | $335,930 | $925,973 |
Ballet Pensacola Inc Pensacola, FL | $408,461 | $534,964 |
Alabama Dance Theatre Montgomery, AL | $293,794 | $617,175 |
Artz 4 Life Academy Inc Clearwater, FL | $132,173 | $432,540 |
Sarasota Contemporary Dance Inc Sarasota, FL | $221,446 | $461,296 |
Canopy Studio Inc Athens, GA | $638,199 | $696,461 |
Movement Dance Foundation Miami Beach, FL | $31,624 | $480,297 |