Owensboro Dance Theater Inc
- Assets
- $314.2k
- Revenue
- $434.7k
- Investments
- $0.0
- Employees
- 7
- Location
- Owensboro, KY
- Founding
- 07/1984
- Data as of
- 06/2022
- EIN
- 61-1040701
Organization Overview
Owensboro Dance Theater Inc is located in Owensboro, KY. The organization was established in 1984. 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, Owensboro Dance Theater Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Owensboro Dance Theater 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, Owensboro Dance Theater Inc generated $434.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $345.2k during the year ending 06/2022. While expenses have increased by 3.6% 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
INCORPORATE THE VARIOUS GENRES OF DANCE, OWENSBORO DANCE THEATRE, INC PROVIDES PROFESSIONAL DANCE INSTRUCTION AND QUALITY DANCE PERFORMANCE TO THE TRI-STATE AREA AND ALSO SEEKS TO EDUCATE AND EXPAND THE COMMUNITY'S KNOWLEDGE AND APPRECIATION OF DANCE AS AN ART FORM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORMANCES AND SERVICES FOR THE AREA'S SCHOOLS AND PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Johnson Board Member | Trustee | 5 | $17,569 |
Bonnie Marks Executive Director | Officer | 10 | $0 |
Lindsey Brown Secretary | Officer | 2 | $0 |
Pamela Smith-Wright President | Officer | 2 | $0 |
Tara Beckwith Vice President | Officer | 2 | $0 |
Madeleine Edge Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $30,096 |
| All other contributions, gifts, grants, and similar amounts not included above | $173,026 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $203,122 |
| Total Program Service Revenue | $205,476 |
| Investment income | $6,140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,296 |
| Net Income from Gaming Activities | $6,615 |
| Net Income from Sales of Inventory | $10,043 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $434,692 |
| 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 | $114,014 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,722 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $76,758 |
| Advertising and promotion | $11,885 |
| Office expenses | $4,432 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,422 |
| 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 | $1,076 |
| Insurance | $3,999 |
| All other expenses | $25,728 |
| Total functional expenses | $345,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,921 |
| Savings and temporary cash investments | $31,825 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,337 |
| 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 | $0 |
| Net Land, buildings, and equipment | $7,890 |
| Investments—publicly traded securities | $73,224 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $314,197 |
| Accounts payable and accrued expenses | $1,776 |
| Grants payable | $0 |
| Deferred revenue | $15,700 |
| 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 | $17,476 |
| Net assets without donor restrictions | $277,815 |
| Net assets with donor restrictions | $18,906 |
| 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 | $314,197 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Owensboro Dance Theater Inc has recieved totaling $63,250.
| Awarding Organization | Amount |
|---|---|
Owensboro Health Regional Hospital Owensboro, KY PURPOSE: COMMUNITY SUPPORT | $38,250 |
Whas Crusade For Children Inc Louisville, KY PURPOSE: $11,000.00 FOR ITEMS 1, 2 AND 4 - CLASS SESSIONS AT SIX AREA SCHOOLS, PUZZLE PIECES AND THE WENDELL FOSTER CENTER, AND EQUIPMENT TO BE USED AT CLASS LOCATIONS. NO FUNDING ALLOWED FOR FAMILY SESSIONS OF ADAPTIVE AERIAL DANCE CLASSES (NOT TO EXCEED AMOUNTS REQUESTED FOR EACH LINE ITEM.) | $11,000 |
Marilyn And William Young Charitable Foundation Inc Owensboro, KY PURPOSE: ARTS | $10,000 |
Lester E Yeager Charitable Trust B Owensboro, KY PURPOSE: FOR ASSISTANCE TO CARRY ON THEIR EXEMPT PURPOSE | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kentucky Dance Council Inc Louisville, KY | $2,461,900 | $4,767,462 |
Hubbard Street Dance Chicago Inc Chicago, IL | $12,598,821 | $6,117,645 |
Dayton Contemporary Dance Company Dayton, OH | $1,533,239 | $2,434,734 |
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 |
Dance Kaleidoscope Inc Indianapolis, IN | $8,753,720 | $2,025,763 |
Manassas Performing Arts Inc Manassas, VA | $724,787 | $1,117,040 |
Ballet Virginia Norfolk, VA | $278,042 | $1,188,298 |
Forward Momentum Chicago Nfp Chicago, IL | $1,599,320 | $1,315,420 |
Red Clay Dance Company Inc Chicago, IL | $1,156,212 | $1,562,748 |
Ceilings And Interior Systems Construction Association Oak Brook, IL | $888,103 | $997,301 |