Spectrum Dance Theater
- Assets
- $149.8k
- Revenue
- $936.7k
- Investments
- $0.0
- Employees
- 24
- Location
- Seattle, WA
- Founding
- 10/1989
- Data as of
- 07/2023
- EIN
- 91-1263530
Organization Overview
Spectrum Dance Theater is located in Seattle, WA. The organization was established in 1989. 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 07/2023, Spectrum Dance Theater employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spectrum Dance Theater 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 07/2023, Spectrum Dance Theater generated $936.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $1.3m during the year ending 07/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO MAINTAIN AND SUSTAIN A PROFESSIONAL DANCE COMPANY, SCHOOL & COMMUNITY THAT CONTRIBUTES TO THE HEALTH & WELL-BEING OF THE COMMUNITY AT LARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM 1:COMPANY-DURING THE 2022-23 SEASON ENTITLED INSIDIOUS DESCRIPTION: THE LEGACY OF SLAVERY AND JIM CROW IS STILL WITH US AND STILL INFLUENCE AND INFORM MUCH OF AMERICAN CULTURE AND RACE RELATIONS. IT WAS THE ORGANZIATION'S 40TH ANNIVERSARY. PERFORMANCES INCLUDED OCCURRENCE AND TARGETED
SCHOOL: OVER 500 STUDENTS OF ALL AGES COME THROUGH THE STUDIOS EACH YEAR TO TAKE ONE OR MORE CLASSES OFFERED AT SPECTRUM . SPECTRUM OFFERS 57 CLASSES A WEEK, WHICK REPRESENTS 72 HOURS OF INSTRUCTION WEEKLY, TAUGHT BY OVER 20 FACULTY INSTRUCTORS . SPECTRUM IS OPEN FIFTY WEEKS PER YEAR, AND OUR YOUNGEST SUDENTS ARE 18 MONTHS AND OUR MORE MATURE STUDENTS ARE IN THEIR EIGHTIES AND NINETIES. THE DANCE CLASSES OFFERED ARE MOVEMENT WITH YOUR TODDLER, CREATIVE DANCE, BALLET, JAZZ, CONTEMPORARY AND WORLD DANCE. SPECTRUM'S GIFT OF DANCE SCHLOARSHIP PROVIDES 25+ SCHOLARSHIPS ALLOCATED TO STUDENTS AGED 5-21. SPECTRUM ALSO PROVIDES 120 HOURS OF DANCE EDUCATION PER YEAR IN THE PUBLICAND PRIVATE SCHOOLS THROUGHOUT THE SEATTLE AREA.
COMMUNITY ENGAGEMENT: SPECTRUM DANCE THEATER'S ENGAGMENT PROGRAMS PROVIDE DANCE CLASSES, ACCESS, EDUCATION AND SERVICES THAT CONTRIBUTE TO THE HEALTH AND WELL-BEING OF THE COMMUNITY AT LARGE. MOST COMMUNITY ENGAGEMENT PROGRAMS ARE FREE OF CHARGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tera Beach Executive Director | Trustee | 40 | $122,163 |
Randy Engstrom President | OfficerTrustee | 10 | $0 |
Gavin Reub Treasurer | OfficerTrustee | 10 | $0 |
Annique Lennon Secretary | OfficerTrustee | 3 | $0 |
April Magen Director | Trustee | 3 | $0 |
Sharon Williams Interim Executive Direcctor | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $71,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $590,220 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $661,220 |
| Total Program Service Revenue | $275,491 |
| Investment income | $0 |
| 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 | $936,711 |
| 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 | $495,109 |
| Pension plan accruals and contributions | $25,023 |
| Other employee benefits | $0 |
| Payroll taxes | $79,128 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,777 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $7,100 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $309,290 |
| Advertising and promotion | $19,034 |
| Office expenses | $50,464 |
| Information technology | $13,454 |
| Royalties | $5,000 |
| Occupancy | $0 |
| Travel | $28,714 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,781 |
| Interest | $35 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,684 |
| Insurance | $3,675 |
| All other expenses | $164,935 |
| Total functional expenses | $1,261,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,199 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,500 |
| 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 | $61,106 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $149,805 |
| Accounts payable and accrued expenses | $51,403 |
| 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 | $51,403 |
| Net assets without donor restrictions | $98,402 |
| 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 | $149,805 |