CLEVELAND SCHOOL OF DANCE

EIN: 341937982 501(c)(3) Arts, Culture & Humanities

CLEVELAND, OH

Total Revenue
$339,429
Total Expenses
$337,091
Total Assets
$32,194
Net Assets
$-46,182
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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
2000
Legal Domicile
OH
Principal Officer
GLADISA GUADALUPE
Tax Period
2022-06-01 to 2023-05-31

CLEVELAND SCHOOL OF DANCE, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $339K in total revenue in fiscal year 2022.

Mission

CONCERT PROGRAMS AND PERFORMANCES TO ENRICH THE GENERAL PUBLIC IN THE AREAS OF CULTURE AND ART; PROVIDE REDUCED REGISTRATION COSTS FOR ELIGIBLE STUDENTS; PROVIDE DANCE INSTRUCTION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $53,304
Program Service Revenue $280,103
Investment Income $18
Other Revenue $6,004
TOTAL REVENUE $339,429

Expense Breakdown

Grants Paid $0
Salaries & Benefits $153,626
Fundraising Expenses $4,342
Program Expenses $321,476
Other Expenses $181,294
TOTAL EXPENSES $337,091

Year-over-Year Comparison

2022 2021 Change
Revenue $339,429 $318,065 +0.1%
Expenses $337,091 $333,477 +0.0%
Net Income $2,338 $-15,412 -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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
2
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLADISA GUADALUPE ART DIRECTOR N/A
Director
$0 $0 $0
DR MICHAEL KRASNYANSKY CHAIRMAN OF N/A
Director
$0 $0 $0
LILIA SHTARKMAN TREASURER N/A
$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
2023 $339,429 $337,091 $32,194 $2,338
2022 $318,065 $333,477 $40,439 $-15,412
2021 $277,024 $262,886 $22,491 $14,138
2020 $273,112 $272,709 $18,560 $403
2019 $272,360 $294,949 $21,419 $-22,589
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