DANCE MASTERS OF AMERICA INC (EIN 530054561) - 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

1966

Legal Domicile

Principal Officer

CHARLEEN LOCASCIO

Phone

5044541376

Tax Period

2024-09-01 to 2025-08-31

DANCE MASTERS OF AMERICA INC, founded in 1966, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $312K, a strong 28% operating margin.

Mission

TO ADVANCE THE ART OF DANCING; TO IMPROVE THE PRACTICE OF ITS TEACHING; TO ESTABLISH BETTER AND MORE UNIFORM METHODS OF INSTRUCTION AMONG TEACHERS OF DANCING IN THE UNITED STATES AND CANADA; TO ENABLE THEM TO MEET ANNUALLY FOR COOPERATIVE AND COLLECTIVE STUDY OF CONDITIONS PERTAINING TO THEIR PROFESSION; FOR THE MUTUAL INTERESTS AND THE FRATERNAL COOPERATION OF ITS MEMBERS.

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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 $0

Program Service Revenue $1,017,360

Investment Income $87,906

Other Revenue $0

TOTAL REVENUE $1,105,266

Expense Breakdown

Grants Paid $0

Salaries & Benefits $110,550

Fundraising Expenses $0

Program Expenses $544,415

Other Expenses $682,024

TOTAL EXPENSES $793,074

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,105,266	$847,737	+0.3%
Expenses	$793,074	$796,936	0.0%
Net Income	$312,192	$50,801	+5.1%

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

2000

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

$75,651

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIN SPRIGGS	PRESIDENT	20.00	Officer	$0	$0	$0
SHAWN TERENZI	VICE-PRESIDENT	20.00	Officer	$0	$0	$0
CHARLEEN LOCASCIO	TREASURER	40.00	Officer	$75,651	$0	$75,651

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	$1,105,266	$793,074	$3,590,010	$312,192
2024	$847,737	$796,936	$3,277,785	$50,801
2023	$781,473	$1,017,378	$3,231,999	$-235,905
2022	$1,007,358	$627,944	$3,462,834	$379,414
2021	$736,044	$886,253	$3,088,031	$-150,209
2020	$204,945	$229,030	$3,233,599	$-24,085
2019	$1,122,699	$721,840	$3,257,019	$400,859
2018	$749,091	$1,135,957	$2,882,404	$-386,866

DANCE MASTERS OF AMERICA INC