MID AMERICA DANCE COMPANY MODERN AMERICA DANCE COMPANY (MADCO)

EIN: 431095885 501(c)(3)

OLIVETTE, MO

Total Revenue
$31,109
Total Expenses
$42,758
Total Assets
$45,461
Net Assets
$41,861
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
MO
Principal Officer
KEN TUCKER
Phone
3149245731
Tax Period
2020-07-01 to 2021-06-30

MID AMERICA DANCE COMPANY MODERN AMERICA DANCE COMPANY (MADCO), founded in 1976, is a micro nonprofit that reported $31K in total revenue in fiscal year 2020. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $43K exceeded revenue, resulting in a 37% operating deficit.

Mission

TO ENTERTAIN AND EDUCATE THROUGH INNOVATIVE DANCE EXPERIENCES

Program Service Accomplishments

Program 1
Expenses: $28,832 Revenue: $18,430

AS THE LONGEST RUNNING PROFESSIONAL DANCE COMPANY IN ST. LOUIS, MADCO HAS BEEN MOVING AUDIENCES - AND SERVING OUR GREATER COMMUNITY - FOR MORE THAN 40 YEARS. IN MADCO'S 20-21 SEASON, THE COMPANY...

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AS THE LONGEST RUNNING PROFESSIONAL DANCE COMPANY IN ST. LOUIS, MADCO HAS BEEN MOVING AUDIENCES - AND SERVING OUR GREATER COMMUNITY - FOR MORE THAN 40 YEARS. IN MADCO'S 20-21 SEASON, THE COMPANY SERVED 10,000 PEOPLE ALL OVER THE ST. LOUIS AREA AND AROUND THE COUNTRY THROUGH ONLINE PERFORMANCE, EDUCATION, AND COMMUNITY OUTREACH PROGRAMMING. THE COMPANY PROVIDED ITS VIRTUAL BOOKS IN MOTION PROGRAM TO PARENTS, TEACHERS, AND STUDENTS ALL OVER ST. LOUIS AND IN SURROUNDING AREAS. APPROXIMATELY 5,000 TEACHERS, PARENTS, AND COMMUNITY MEMBERS WERE INVOLVED IN EDUCATIONAL OUTREACH PERFORMANCES TO HELP BUILD MULTI-DISCIPLINARY CURRICULUM AND PARTICIPATE AS AUDIENCE MEMBERS. THROUGH FORMAL ONLINE AND VIRTUAL CONCERTS, MADCO REACHED OVER 1,000 PATRONS IN PARTNERSHIP WITH THE ST. LOUIS ACADEMY OF DANCE. THE COMPANY PRODUCES ONE SENSORY FRIENDLY PERFORMANCE PER YEAR THAT CAN SERVE AS MANY AS 350 PEOPLE WITH DISABILITIES AND HAS BEEN WORKING TO PLAN A PERFORMANCE POST-PANDEMIC. COMMUNITY OUTREACH PROGRAMS IN ALTERNATIVE VENUES REACHED 500 PEOPLE IN THE ST. LOUIS AREA. WE HAVE 31 ACTIVE VOLUNTEERS, FIVE BOARD MEMBERS, THREE PEOPLE ON THE ADVISORY COUNCIL, AND TWO FULL TIME STAFF MEMBERS. MADCO EXISTS TO ENRICH LIVES BY ENABLING THE DISCOVERY OF SOMETHING NEW THROUGH DANCE. COLLABORATION AND THE POWER OF ART MOVE PEOPLE WHO COME INTO CONTACT WITH US, CREATING LASTING EXPERIENCES NO MATTER THEIR AGE OR ABILITIES. "TO SAY MADCO IS POWERFUL IS AN UNDERSTATEMENT. THEY ARE PRIMAL YET SOPHISTICATED, SLEDGEHAMMER BOLD YET SUBTLE." - PATRON

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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 $12,679
Program Service Revenue $18,430
Investment Income $0
Other Revenue $0
TOTAL REVENUE $31,109

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,096
Fundraising Expenses $0
Program Expenses $28,832
Other Expenses $29,662
TOTAL EXPENSES $42,758

Year-over-Year Comparison

2020 2019 Change
Revenue $31,109 $148,135 -0.8%
Expenses $42,758 $117,806 -0.6%
Net Income $-11,649 $30,329 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
3
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEN TUCKER PRESIDENT 15.00
Officer Director
$0 $0 $0
BILL OTTO TREASURER 5.00
Officer Director
$0 $0 $0
TRICIA ZWEIER DIRECTOR 15.00
Director
$0 $0 $0
GLENNETTA HAYMON DIRECTOR 15.00
Director
$0 $0 $0
REENA VENKATESAN DIRECTOR 5.00
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
2021 $31,109 $42,758 $45,461 $-11,649
2020 $148,135 $117,806 $53,510 $30,329
2019 $318,213 $284,690 $23,320 $33,523
2018 $254,567 $248,789 $-10,197 $5,778
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