HT DANCE COMPANY INC CHEN DANCE CE… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

Dian Dong Chen

Phone

2123490136

Tax Period

2024-07-01 to 2025-06-30

HT DANCE COMPANY INC CHEN DANCE CENTER, founded in 1978, is a small nonprofit that reported $270K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $311K exceeded revenue, resulting in a 15% operating deficit.

Mission

H.T. Dance Company Inc./Chen Dance Center's programs and activities reflect its ongoing mission to provide moving experiences in Asian-American arts and contemporary dance through artistic creation, arts education, and presentation.

Program Service Accomplishments

Program 1

Expenses: $234,250 Revenue: $9,352

H.T. CHEN & DANCERS - a modern dance company which has created a distinct Asian-American expression by embodying its cultural heritage. The dance company presents performances and educational...

H.T. CHEN & DANCERS - a modern dance company which has created a distinct Asian-American expression by embodying its cultural heritage. The dance company presents performances and educational programs to reach diverse audiences across the nation in public and private schools, theaters and community centers, serving inner city to rural communities, youth, families and seniors.

Program 2

Expenses: $34,836 Revenue: $24,930

ARTS EDUCATION - The company provides educational performances and follow-up workshops to citywide schools, colleges and community centers in New York City, as well as on tour nationally. Its K-12...

ARTS EDUCATION - The company provides educational performances and follow-up workshops to citywide schools, colleges and community centers in New York City, as well as on tour nationally. Its K-12 dance curriculum titled Into the Heart of Chinatown-Hidden Voices was created for the NYC DOE is presented citywide and is available to schools nationwide on the DOE website. HTDCs Early Childhood Dance program, now in its 20th season, provides 200 Chinatown students a week with early childhood dance classes.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $199,985

Program Service Revenue $34,282

Investment Income $18,215

Other Revenue $17,812

TOTAL REVENUE $270,294

Expense Breakdown

Grants Paid $0

Salaries & Benefits $186,337

Fundraising Expenses $1,511

Program Expenses $269,086

Other Expenses $125,010

TOTAL EXPENSES $311,347

Year-over-Year Comparison

	2024	2023	Change
Revenue	$270,294	$339,633	-0.2%
Expenses	$311,347	$275,959	+0.1%
Net Income	$-41,053	$63,674	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Liquidity & Cash Position

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Governance

Voting Members

Independent Members

Employees

Volunteers

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

$47,350

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dian Dong Chen	Artistic Dir.	35.00	Officer	$42,340	$5,010	$47,350
Rita Gail Johnson	Board Chair	1.00	Officer Director	$0	$0	$0
Kevin Benson	Treasurer	1.00	Officer Director	$0	$0	$0
Thomas E Lim Esq	VP/Secretary	1.00	Officer Director	$0	$0	$0
Renouard Gee	Trustee	1.00	Director	$0	$0	$0
Cho Young Kim-Wiles	Trustee	1.00	Director	$0	$0	$0
Nancy Ng	Trustee	1.00	Director	$0	$0	$0
Ellyn Chan Roberson	Trustee	1.00	Director	$0	$0	$0
Marla Yoss	Trustee	1.00	Director	$0	$0	$0
Kimberly Doo	Trustee	1.00	Director	$0	$0	$0
Irina Verona	Trustee	1.00	Director	$0	$0	$0
Patsy Chen	Trustee	1.00	Director	$0	$0	$0
Stephanie Chun	Trustee	1.00	Director	$0	$0	$0
Elizabeth McPherson	Trustee	1.00	Director	$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	$270,294	$311,347	$1,298,632	$-41,053
2024	$339,633	$275,959	$1,314,217	$63,674
2023	$298,327	$214,546	$1,246,817	$83,781
2022	$309,396	$256,447	$1,177,792	$52,949
2021	$475,444	$226,055	$1,113,177	$249,389
2020	$646,015	$355,190	$867,711	$290,825
2019	$265,608	$393,253	$568,447	$-127,645
2018	$453,008	$393,915	$693,587	$59,093

HT DANCE COMPANY INC CHEN DANCE CENTER