AMERICAN DANCE INSTITUTE (EIN 522158599) - 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

1999

Legal Domicile

Principal Officer

ADRIENNE WILLIS

Phone

2125873003

Tax Period

2023-01-01 to 2023-12-31

AMERICAN DANCE INSTITUTE, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $232K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $1.7M exceeded revenue, resulting in a 625% operating deficit.

Mission

DANCE INSTRUCTION, ARTIST RESIDENCY SUPPORT, AND PUBLIC PERFORMANCES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $101,048

Program Service Revenue $0

Investment Income $40,283

Other Revenue $90,219

TOTAL REVENUE $231,550

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $686,872

Fundraising Expenses $49,089

Program Expenses $1,094,661

Other Expenses $971,986

TOTAL EXPENSES $1,678,858

Year-over-Year Comparison

	2023	2022	Change
Revenue	$231,550	$180,271	+0.3%
Expenses	$1,678,858	$1,844,246	-0.1%
Net Income	$-1,447,308	$-1,663,975	-0.1%

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

$230,390

Total Directors

$230,390

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBALL STROUD	PRESIDENT / DIRECTOR	5.00	Officer Director	$0	$0	$0
DRCHRISTINE WHEELER	TREASURER / DIRECTOR	5.00	Officer Director	$0	$0	$0
JESSICA MAILLOUX	SECRETARY/ DIRECTOR	5.00	Officer Director	$0	$0	$0
CHRISTOPHER BOLAN	DIRECTOR	5.00	Director	$0	$0	$0
ADRIENNE WILLIS	EXECUTIVE DIRECTOR	40.00	Officer Director	$200,000	$30,390	$230,390
LOUISE KENNEDY	DIRECTOR	5.00	Director	$0	$0	$0
JASON FORRESTER	DIRECTOR OF BUSINESS DEVEL	40.00	Highest	$112,000	$0	$112,000
RUTH MOE	PERFORMANCE SERIES DIRECTO	40.00	Highest	$106,456	$9,882	$116,338

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	No data	No data	No data	No data
2023	$231,550	$1,678,858	$11,441,288	$-1,447,308
2022	$180,271	$1,844,246	$16,757,282	$-1,663,975
2021	$11,008,562	$2,084,578	$21,442,388	$8,923,984
2019	$416,428	$5,889,107	$17,996,005	$-5,472,679

AMERICAN DANCE INSTITUTE