LATSKY DANCE INC

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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

2014

Legal Domicile

Phone

9179296985

Tax Period

2024-07-01 to 2025-06-30

LATSKY DANCE INC, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $187K in total revenue in fiscal year 2024.

Mission

Heidi Latsky Dance disrupts space, dismantles normal, and redefines

Program Service Accomplishments

Program 1

Expenses: $132,771 Revenue: $17,000

FY25 featured a variety of presentations of What is Essential and Who Am I Know at Krannert Center for the Performing Arts at The University of Illinois, Rutgers University, NYU Tisch School of the Arts, Boston Architectural College, The University of Rochester, and Hofstra University. Heidi Latsky shared her recent journey through the iscovery, surgery, and recovery from a benign brain tumor that had been there for 20 years. What makes her story compelling is that 55 years ago her mother had the same meningioma and she, like her daughter now, was a vital part of her mothers support system. continued on Schedule O

Program 2

As part of our social initiative ON DISPLAY GLOBAL was presented at the United Nations, Tisch School of the Arts, New York University, and the Manhattan JCC in December 2024. In early 2024, Artistic Director and Founder, Heidi Latsky, recently experienced a major life change. She learned that she had been living with a benign brain tumor for nearly twenty years. Much of the tumor has since been removed. The experience has deeply impacted her life and work. Before the diagnosis Heidi felt severe exhaustion and lost olfactory functioning. Since the surgery, the damage has affected executive functioning, mood, taste and smell, and caused falls and a seizure. Continued on Schedule O

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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 $152,507

Program Service Revenue $31,377

Investment Income $2,679

Other Revenue $0

TOTAL REVENUE $186,563

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,146

Fundraising Expenses $16,967

Program Expenses $132,771

Other Expenses $29,514

TOTAL EXPENSES $201,660

Year-over-Year Comparison

	2024	2023	Change
Revenue	$186,563	$177,288	+0.1%
Expenses	$201,660	$259,443	-0.2%
Net Income	$-15,097	$-82,155	-0.8%

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

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

$65,833

Total Directors