THE DANCE RING INC

EIN: 132903944 501(c)(3)

NEW YORK, NY

Total Revenue
$887,569
Total Expenses
$856,918
Total Assets
$170,335
Net Assets
$50,972
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
NY
Principal Officer
JUSTIN ORLANDO
Phone
2126790401
Tax Period
2023-08-01 to 2024-07-31

THE DANCE RING INC, founded in 1978, is a small nonprofit that reported $888K in total revenue in fiscal year 2023. Expenses of $857K left a modest 3% surplus.

Mission

BALLET ORGANIZATION DEDICATED TO PRODUCING AND PERFORMING HIGH QUALITY BALLET THEATER AT MODEST COST AND ON A SCALE THAT MAKES THE ART FORM HIGHLY ACCESSIBLE TO VIEWING AUDIENCES PRIMARILY IN NEW YORK CITY AND ACROSS THE UNITED STATES.

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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 $548,290
Program Service Revenue $271,721
Investment Income $413
Other Revenue $67,145
TOTAL REVENUE $887,569

Expense Breakdown

Grants Paid $0
Salaries & Benefits $429,556
Fundraising Expenses $36,723
Program Expenses $746,820
Other Expenses $427,362
TOTAL EXPENSES $856,918

Year-over-Year Comparison

2023 2022 Change
Revenue $887,569 $834,832 +0.1%
Expenses $856,918 $960,342 -0.1%
Net Income $30,651 $-125,510 -1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
30
Volunteers
30

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
5
$104,327
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN ORLANDO CHAIR 2.00
Officer Director
$0 $0 $0
CATHY LONGINOTTI VICE CHAIR 2.00
Officer Director
$0 $0 $0
JONATHAN LEVINE TREASURER 2.00
Officer Director
$0 $0 $0
JESSICA GOLDEN BOARD MEMBER 1.00
Director
$0 $0 $0
CYNTHIA PEACOCK BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLINE ZHAO BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL LEON-RIVERA BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLA MARZOVILLA BOARD MEMBER 1.00
Director
$0 $0 $0
JACKIE KARCESKI BOARD MEMBER 1.00
Director
$0 $0 $0
SHYAMALA NAVADA BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN MELENDEZ ARTISTIC DIRECTOR 40.00
Officer
$76,923 $0 $76,923
SOPHIE BLUE MANAGING DIRECTOR 40.00
Officer
$27,404 $0 $27,404
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
2024 $887,569 $856,918 $170,335 $30,651
2023 $834,832 $960,342 $124,626 $-125,510
2022 $818,532 $743,758 $185,995 $74,774
2021 $443,688 $383,698 $192,870 $59,990
2020 $631,671 $615,900 $66,744 $15,771
2019 $774,789 $734,890 $71,039 $39,899
2018 $811,168 $808,823 $81,689 $2,345
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