The Dance Studio Parents Booster Club

EIN: 383769197 501(c)(3) Arts, Culture & Humanities

Blaine, MN

Total Revenue
$-217,927
Total Expenses
$20,638
Total Assets
$152,736
Net Assets
$152,736
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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
2007
Legal Domicile
MN
Principal Officer
Ronald Anderson
Phone
7638629966
Tax Period
2020-01-01 to 2020-12-31

The Dance Studio Parents Booster Club, founded in 2007, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $218K in total revenue in fiscal year 2020.

Mission

To engage and assist in activities which foster the performing arts and to provide programs which encourage the participation of young people in the performing arts.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $-217,927
TOTAL REVENUE $-217,927

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $20,638
TOTAL EXPENSES $20,638

Year-over-Year Comparison

2020 2019 Change
Revenue $-217,927 $-7,926 +26.5%
Expenses $20,638 $23,146 -0.1%
Net Income $-238,565 $-31,072 +6.7%
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
3
Independent Members
3
Employees
N/A
Volunteers
100

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ronald Anderson President/Director 2.00
Officer Director
$0 $0 $0
Karri Anderson Secretary/Director 1.00
Officer Director
$0 $0 $0
Kara Bode Treasurer/Director 1.00
Officer 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
2020 $-217,927 $20,638 $152,736 $-238,565
2019 $-7,926 $23,146 $391,301 $-31,072
2018 $116,469 $23,083 $422,373 $93,386
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