Momentum-Excellence Inc

EIN: 464509725 501(c)(3) Arts, Culture & Humanities

Columbus, OH

Total Revenue
$772,539
Total Expenses
$832,158
Total Assets
$1,233,587
Net Assets
$1,186,190
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
OH
Tax Period
2023-07-01 to 2024-06-30

Momentum-Excellence Inc, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $773K in total revenue in fiscal year 2023.

Mission

Momentum Excellence engages children in dance, music and performance to develop lifelong habits of self-discipline, teamwork and excellence.

Program Service Accomplishments

Program 1
Expenses: $416,422 Revenue: $57,240

Year-Long Program - Momentum teaching artists and keyboard accompanists lead 4th grade boys and girls in a weekly 45-minute dance class during their school day in order to develop life skills that...

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Year-Long Program - Momentum teaching artists and keyboard accompanists lead 4th grade boys and girls in a weekly 45-minute dance class during their school day in order to develop life skills that lead to personal and academic success. The program serves elementary schools in the Columbus City and Hilliard School Districts. The program culminates in a spring performance at the Davidson Theatre in downtown Columbus. This program reaches more than 850 Central Ohio children.

Program 2
Expenses: $78,651 Revenue: $52,125

Early Learners - This program is an adaptation of Momentums dance methodology for preschool-aged children. Conducting weekly classes over an 8-week period, instructors use creative movement in order...

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Early Learners - This program is an adaptation of Momentums dance methodology for preschool-aged children. Conducting weekly classes over an 8-week period, instructors use creative movement in order to impact social-emotional learning, cognition, and the development of skills essential for school readiness. The classes correspond to many of the Ohio Department of Education Early Learning and Development Standards. The final class consists of a showcase presented to family, friends and community members.

Program 3
Expenses: $68,453 Revenue: $5,325

Advanced Teams:Team excel (Team XL) - Dancers who demonstrate excellence and discipline in the YearLong Program are invited to participate in Team XL. Members of this group attend dance classes...

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Advanced Teams:Team excel (Team XL) - Dancers who demonstrate excellence and discipline in the YearLong Program are invited to participate in Team XL. Members of this group attend dance classes during out of school hours in the winter and spring to learn advanced choreography and rehearse additional dances that are performed in the year-end show.Team extraordinary (Team XO) - After completing the Year-Long Program, Team XL dancers are invited to participate as members of Team XO. This group attends dance classes, performs additional dances in the year-end show and comprises Momentums Community Performance Troupe. As such, they have special opportunities to perform in the community with arts and civic organizations and at community events. XO dancers may continue with Momentum through the eighth grade.

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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 (2023)

Revenue Breakdown

Contributions & Grants $576,050
Program Service Revenue $159,065
Investment Income $18,805
Other Revenue $18,619
TOTAL REVENUE $772,539

Expense Breakdown

Grants Paid $0
Salaries & Benefits $592,425
Fundraising Expenses $76,598
Program Expenses $612,498
Other Expenses $239,733
TOTAL EXPENSES $832,158

Year-over-Year Comparison

2023 2022 Change
Revenue $772,539 $751,205 +0.0%
Expenses $832,158 $687,812 +0.2%
Net Income $-59,619 $63,393 -1.9%
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
11
Independent Members
11
Employees
22
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
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Monica Kridler Former Director 40.00
$54,500 $0 $54,500
Mark Real Board Member 1.00
Director
$0 $0 $0
Pedro Mena Board Member 1.00
Director
$0 $0 $0
Rochelle Wilkerson Board Member 1.00
Director
$0 $0 $0
Alexis Apariccio Board Member 1.00
Director
$0 $0 $0
Lara Hoffmans Board Member 1.00
Director
$0 $0 $0
Zach Evans Board Member 1.00
Director
$0 $0 $0
Diana Perez-Padin Board Member 1.00
Director
$0 $0 $0
Autumn Glover Board Member 1.00
Director
$0 $0 $0
Kent Johnson Board Member 1.00
Director
$0 $0 $0
Hartley Suter Board Chair 1.00
Officer Director
$0 $0 $0
Kathryn Stephens Executive Director 40.00
Officer
$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 No data No data No data No data
2024 $772,539 $832,158 $1,233,587 $-59,619
2023 $751,205 $687,812 $1,254,803 $63,393
2022 $843,957 $702,806 $1,125,594 $141,151
2021 $1,017,013 $499,986 $1,224,877 $517,027
2020 $850,762 $650,408 $709,862 $200,354
2019 $765,961 $680,917 $405,510 $85,044
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