Keshet Dance Company
- Assets
- $3.9m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 36
- Location
- Albuquerque, NM
- Founding
- 06/1996
- Data as of
- 06/2024
- EIN
- 85-0436623
Organization Overview
Keshet Dance Company is located in Albuquerque, NM. The organization was established in 1996. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2024, Keshet Dance Company employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keshet 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 06/2024, Keshet Dance Company generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $1.8m during the year ending 06/2024. While expenses have increased by 11.4% per year over the past 8 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
ROOTED IN DANCE, MENTORSHIP, AND A WELCOMING SPACE FOR THE ARTS, KESHET ACTIVATES COMMUNITY AND FOSTERS UNLIMITED POSSIBILITIES THROUGH EDUCATION, ENGAGEMENT, INNOVATION, AND THE PURSUIT OF JUSTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1996, KESHET'S MISSION IS "ROOTED IN DANCE, MENTORSHIP, AND A CREATIVE SPACE FOR THE ARTS, KESHET ACTIVATES COMMUNITY AND FOSTERS UNLIMITED POSSIBILITIES THROUGH EDUCATION, ENGAGEMENT, INNOVATION, AND THE PURSUIT OF JUSTICE." KESHET CELEBRATES THE ART OF DANCE AND IS A WELCOMING HOME FOR THE INTERSECTION OF THE ARTS, ARTISTS, AND AUDIENCE; ACTUATING A FLOURISHING ENVIRONMENT FOR EMPOWERED INDIVIDUALS, NURTURED COMMUNITIES, AND SUSTAINED EQUITY. WHILE BASED IN ALBUQUERQUE, NEW MEXICO, KESHET ACTIVELY PROVIDES PROGRAMMING THROUGHOUT THE STATE OF NEW MEXICO AND TOURS AND CONDUCTS RESIDENCIES REGIONALLY AND GLOBALLY. KESHET'S PHILOSOPHY IS THAT DANCE OPENS DOORS, AND ACCESS TO THESE DOORS SHOULD BE AVAILABLE TO ALL, REGARDLESS OF SOCIAL, ECONOMIC, SITUATIONAL AND/OR PHYSICAL LIMITATIONS. AS SUCH, KESHET PROGRAMMING ACTIVELY FOCUSES ON REACHING STUDENTS WHO ARE HOMELESS, INCARCERATED, LIVING BELOW THE ECONOMIC POVERTY LINE AND THOSE WHO LIVE WITH PHYSICAL AND/OR DEVELOPMENTAL DISABILITIES. KESHET IS BUILT UPON THE PHILOSOPHY THAT PROFESSIONAL ART SHOULD BE DEEPLY ROOTED IN COMMUNITY ENGAGEMENT. KESHET'S CORE VALUES OF INCLUSION, EXCELLENCE, PERSONAL GROWTH, AUTHENTICITY, FLUIDITY, AND OPPORTUNITY SUPPORT THIS PHILOSOPHY, PROPELLING KESHET'S PROFESSIONAL DANCE COMPANY AND ITS COMPREHENSIVE EDUCATION ENGAGEMENT PROGRAMS AND CURRICULUM PERMEATING A WIDE SCOPE OF SOCIAL SERVICE AND EDUCATIONAL AVENUES IN NEW MEXICO AND BEYOND. WITH THE CONTEMPORARY DANCE COMPANY (KESHET DANCE COMPANY) AT THE HEART OF THE ORGANIZATION'S WORK, KESHET OPERATES MULTIPLE PROGRAMS FALLING INTO THREE BROAD CATEGORIES: EDUCATION AND ENGAGEMENT (CLASSES, PERFORMANCES, TOURING, ETC); IDEAS AND INNOVATION COMMUNITY (ARTS BUSINESS RESOURCES, SUPPORT AND RESIDENCY PROGRAMS CONNECTING TO THE CREATIVE ECONOMY); AND ARTS AND JUSTICE INITIATIVES (DIRECT SERVICE, RESEARCH, EVALUATION, AND COMMUNITY CONNECTIVITY FOCUSING SPECIFICALLY WITHIN THE REALM OF JUVENILE JUSTICE).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shira Greenberg Founder | OfficerTrustee | 40 | $83,000 |
Adrian Moore-Trask Business Adv | Officer | 25 | $38,750 |
Dovya Friedman Vice President | OfficerTrustee | 4 | $14,000 |
Marla Wood President | OfficerTrustee | 3 | $0 |
Vanessa Shackleford Treasurer | OfficerTrustee | 2 | $0 |
Manuel Montoya Ex Officio | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,873 |
| Membership dues | $0 |
| Fundraising events | $84,200 |
| Related organizations | $0 |
| Government grants | $250,829 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,437,974 |
| Noncash contributions included in lines 1a–1f | $133,243 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,775,876 |
| Total Program Service Revenue | $534,718 |
| Investment income | $22,364 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $26,479 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $110,311 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,966 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,474,714 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $178,680 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $139,188 |
| Compensation of current officers, directors, key employees. | $38,240 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $720,114 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,708 |
| Payroll taxes | $77,240 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,068 |
| Fees for services: Accounting | $75,446 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $74,461 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $91,355 |
| Advertising and promotion | $29,984 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,766 |
| Travel | $26,986 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,172 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $105,392 |
| Insurance | $0 |
| All other expenses | $20,671 |
| Total functional expenses | $1,806,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $497,756 |
| Savings and temporary cash investments | $1,679,324 |
| Pledges and grants receivable | $230,806 |
| 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 | $1,613 |
| Net Land, buildings, and equipment | $1,497,290 |
| Investments—publicly traded securities | $4,171 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,910,960 |
| Accounts payable and accrued expenses | $107,182 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $257,182 |
| Net assets without donor restrictions | $2,438,485 |
| Net assets with donor restrictions | $1,215,293 |
| 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 | $3,910,960 |