THE NEW DANCE COMPLEX INC

EIN: 043131964 501(c)(3)

CAMBRIDGE, MA

Total Revenue
$1,109,150
Total Expenses
$926,246
Total Assets
$1,504,909
Net Assets
$1,020,222
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
MA
Principal Officer
PETER DIMURO
Phone
6175479363
Tax Period
2023-07-01 to 2024-06-30

THE NEW DANCE COMPLEX INC, founded in 1991, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $183K, a strong 16% operating margin.

Mission

ADMINISTRATING A DANCE CENTER FOR COMMUNITY AND EDUCATIONAL PURPOSES.

Program Service Accomplishments

Program 1
Expenses: $703,176 Revenue: $452,242

THE ORGANIZATION PROVIDED DANCE STUDIO SPACE FOR CLASSES, REHEARSAL, PERFORMANCES, AND EDUCATIONAL PURPOSES INCLUDING COMMUNITY PROJECTS SUCH AS DANCE MONTH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $603,262
Program Service Revenue $452,242
Investment Income $776
Other Revenue $52,870
TOTAL REVENUE $1,109,150

Expense Breakdown

Grants Paid $0
Salaries & Benefits $298,292
Fundraising Expenses $86,892
Program Expenses $703,176
Other Expenses $627,954
TOTAL EXPENSES $926,246

Year-over-Year Comparison

2023 2022 Change
Revenue $1,109,150 $936,342 +0.2%
Expenses $926,246 $840,246 +0.1%
Net Income $182,904 $96,096 +0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
6
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$106,268
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER DIMURO EXECUTIVE DI 40.00
Officer
$106,268 $0 $106,268
PETER R CHANDLER DIRECTOR N/A
Director
$0 $0 $0
ADRIENNE PETRILLO DIRECTOR N/A
Director
$0 $0 $0
ANN BROWN ALLEN CLERK N/A
Officer
$0 $0 $0
ANDREW CORNELL CHAIR/DIRECT N/A
Officer
$0 $0 $0
HOLLY CRARY ASST CLERK/D N/A
Officer
$0 $0 $0
MARY MCCARTHY CO-PRESIDENT N/A
Officer
$0 $0 $0
RENEE STACEY CO-PRESIDENT N/A
Officer
$0 $0 $0
JIM STILES TREASURER/DI N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,062,783 $933,291 $1,451,588 $129,492
2024 $1,109,150 $926,246 $1,504,909 $182,904
2023 $936,342 $840,246 $1,353,317 $96,096
2023 $936,342 $840,303 $1,353,260 $96,039
2022 $1,044,408 $726,305 $1,285,698 $318,103
2022 $1,044,408 $726,303 $1,285,699 $318,105
2021 $808,700 $706,681 $1,052,113 $102,019
2021 $809,828 $709,824 $1,048,112 $100,004
2020 $816,537 $780,072 $975,473 $36,465
2019 $844,194 $913,640 $867,554 $-69,446
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