DANCE SERVICE NEW YORK CITY INC (EIN 460830780) - Form 990 Financial Analysis & Trantor Score

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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

2012

Legal Domicile

Principal Officer

RESHMA PATEL

Phone

2129664452

Tax Period

2024-01-01 to 2024-12-31

DANCE SERVICE NEW YORK CITY INC, founded in 2012, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum.

Mission

DANCE SERVICE NEW YORK CITY, INC.'S MISSION IS TO CHAMPION THE NEW YORK CITY METROPOLITAN AREA DANCE SECTOR BY FOSTERING A MORE JUST, EQUITABLE, AND INCLUSIVE LANDSCAPE WHERE DANCE WORKERS AND ORGANIZATIONS CAN THRIVE. ROOTED IN RESEARCH, DANCE/NYC ENGAGES IN ADVOCACY, REGRANTING, AND KNOWLEDGE-SHARING THAT WORKS TOWARD ESTABLISHING DANCE AS A VALUED FORM OF CULTURAL EXPRESSION AND A COMMON GOOD.

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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 $1,904,893

Program Service Revenue $30,429

Investment Income $6,189

Other Revenue $25,651

TOTAL REVENUE $1,967,162

Expense Breakdown

Grants Paid $720,142

Salaries & Benefits $943,078

Fundraising Expenses $187,929

Program Expenses $1,606,929

Other Expenses $449,945

TOTAL EXPENSES $2,151,144

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,967,162	$1,398,057	+0.4%
Expenses	$2,151,144	$1,890,011	+0.1%
Net Income	$-183,982	$-491,954	-0.6%

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

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

$333,291

Total Directors

$333,291

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELISSA D HECKER	CHAIR	1.00	Officer Director	$0	$0	$0
CAMILLE Y TURNER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DOMINIQUE HUGG	CO-TREASURER	1.00	Officer Director	$0	$0	$0
KATHERINE HEITMANN	CO-TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL CATALIOTTI	SECRETARY	1.00	Director	$0	$0	$0
BRANDI STEWART	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS BASTARDI	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH G ADELMAN	DIRECTOR	1.00	Director	$0	$0	$0
GINA M BROWN	DIRECTOR	1.00	Director	$0	$0	$0
JINA PAIK	DIRECTOR	1.00	Director	$0	$0	$0
JUAN JOSE ESCALANTE	DIRECTOR	1.00	Director	$0	$0	$0
RESHMA PATEL	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON ZHU	DIRECTOR	1.00	Director	$0	$0	$0
CANDACE THOMPSON-ZACHERY	CO-EXECUTIVE DIRECTOR	40.00	Officer Director	$94,196	$14,273	$108,469
SARA ROER	CO-EXECUTIVE DIRECTOR	40.00	Officer Director	$94,981	$13,845	$108,826
VICKI CAPOTE	CO-EXECUTIVE DIRECTOR	40.00	Officer Director	$101,866	$14,130	$115,996

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	$1,967,162	$2,151,144	$2,644,695	$-183,982
2023	$1,398,057	$1,890,011	$3,144,390	$-491,954
2022	$2,185,624	$5,194,689	$4,519,747	$-3,009,065
2021	$5,030,876	$1,926,365	$6,304,489	$3,104,511
2021	$4,967,205	$1,969,664	$6,238,927	$2,997,541
2020	$3,181,836	$2,544,959	$3,818,942	$636,877
2020	$3,164,566	$2,713,597	$3,792,460	$450,969
2019	$1,682,687	$2,961,398	$3,495,219	$-1,278,711
2019	$1,682,687	$2,905,398	$3,495,219	$-1,222,711
2018	$2,797,474	$897,304	$3,690,108	$1,900,170

DANCE SERVICE NEW YORK CITY INC