RIDGEFIELD CONSERVATORY OF DANCE INC

EIN: 562299798 501(c)(3)

RIDGEFIELD, CT

Total Revenue
$855,013
Total Expenses
$689,828
Total Assets
$838,303
Net Assets
$834,911
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CT
Principal Officer
HILARY ARONOW
Phone
2034385597
Tax Period
2024-01-01 to 2024-12-31

RIDGEFIELD CONSERVATORY OF DANCE INC, founded in 2000, is a small nonprofit that reported $855K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $165K, a strong 19% operating margin.

Mission

THE RIDGEFIELD CONSERVATORY OF DANCE IS DEDICATED TO THE USE OF A WELL-STRUCTURED SYLLABUS FOR ALL DANCE TECHNIQUES. AN AGE APPROPRIATE SYLLABUS THAT TAKES INTO CONSIDERATION BOTH PHYSICAL AND MENTAL DEVELOPMENT ENSURES THE BEST AND SAFEST RESULTS IN DANCE EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $573,750 Revenue: $708,225

THE CONSERVATORY IS DEDICATED TO TEACHING IN A POSITIVE AND CARING WAY WHILE MAINTAINING A DISCIPLINED ATMOSPHERE THAT CHALLANGES EACH STUDENT TO EXCEL. IT IS RECOGNIZED THAT DANCE EDUCATION TEACHES...

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THE CONSERVATORY IS DEDICATED TO TEACHING IN A POSITIVE AND CARING WAY WHILE MAINTAINING A DISCIPLINED ATMOSPHERE THAT CHALLANGES EACH STUDENT TO EXCEL. IT IS RECOGNIZED THAT DANCE EDUCATION TEACHES MORE THAN DANCE TECHNIQUE. STUDENTS ARE TAUGHT TO BE THINKING ARTISTS WHO DEVELOP THE SKILLS OF SELF-DISCIPLINE, TEAMWORK AND COMMUNICATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $75,000
Program Service Revenue $708,098
Investment Income $127
Other Revenue $71,788
TOTAL REVENUE $855,013

Expense Breakdown

Grants Paid $0
Salaries & Benefits $151,218
Fundraising Expenses $0
Program Expenses $573,750
Other Expenses $538,610
TOTAL EXPENSES $689,828

Year-over-Year Comparison

2024 2023 Change
Revenue $855,013 $738,604 +0.2%
Expenses $689,828 $637,444 +0.1%
Net Income $165,185 $101,160 +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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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
4
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
4
$83,394
Total Directors
11
$83,394
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY PIANTAGGINI ARTISTIC DIRECTOR 40.00
Officer Director
$83,394 $0 $83,394
HILARY ARONOW PRESIDENT 1.00
Officer Director
$0 $0 $0
HOWARD TURNER ADVISORY 2.00
Director
$0 $0 $0
JACKIE JOYNER DIRECTOR 1.00
Director
$0 $0 $0
KATHERINE KING VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JAY STEELE DIRECTOR 1.00
Director
$0 $0 $0
ERIN JACOBS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL MALWITZ TREASURER 2.00
Officer Director
$0 $0 $0
MICHELE GARGAN DIRECTOR 1.00
Director
$0 $0 $0
STEVEN WALDINGER DIRECTOR 1.00
Director
$0 $0 $0
STEVEN MEYERS DIRECTOR 1.00
Director
$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
2024 $855,013 $689,828 $838,303 $165,185
2023 $738,604 $637,444 $677,621 $101,160
2022 $718,557 $662,845 $578,360 $55,712
2021 $654,561 $591,017 $553,588 $63,544
2020 $644,552 $591,425 $495,036 $53,127
2019 $772,106 $651,361 $411,547 $120,745
2018 $647,601 $597,136 $295,217 $50,465
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