OWENSBORO DANCE THEATRE INC

EIN: 611040701 501(c)(3) Arts, Culture & Humanities

OWENSBORO, KY

Total Revenue
$359,777
Total Expenses
$323,543
Total Assets
$338,647
Net Assets
$326,897
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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
1982
Legal Domicile
KY
Principal Officer
BONNIE MARKS
Phone
2706849580
Tax Period
2023-07-01 to 2024-06-30

OWENSBORO DANCE THEATRE INC, founded in 1982, is a small nonprofit in the Arts, Culture & Humanities sector that reported $360K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $324K left a modest 10% surplus.

Mission

INCORPORATE THE VARIOUS GENRES OF DANCE, OWENSBORO DANCE THEATRE, INC PROVIDES PROFESSIONAL DANCE INSTRUCTION AND QUALITY DANCE PERFORMANCE TO THE TRI-STATE AREA AND ALSO SEEKS TO EDUCATE AND EXPAND THE COMMUNITY'S KNOWLEDGE AND APPRECIATION OF DANCE AS AN ART FORM.

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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 $151,667
Program Service Revenue $187,091
Investment Income $5,220
Other Revenue $15,799
TOTAL REVENUE $359,777

Expense Breakdown

Grants Paid $0
Salaries & Benefits $109,666
Fundraising Expenses $8,639
Program Expenses $274,033
Other Expenses $213,877
TOTAL EXPENSES $323,543

Year-over-Year Comparison

2023 2022 Change
Revenue $359,777 $328,024 +0.1%
Expenses $323,543 $349,413 -0.1%
Net Income $36,234 $-21,389 -2.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
7
Volunteers
75

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
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDY BOGGESS BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS CASTLEN BOARD MEMBER 1.00
Director
$0 $0 $0
BRIDGET BURSHEARS BOARD MEMBER 1.00
Director
$0 $0 $0
TINA EDGE BOARD MEMBER 1.00
Director
$0 $0 $0
MEGHAN JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
LIBBY JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
LEIGH JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
DEBBIE WOODWARD BOARD MEMBER 1.00
Director
$0 $0 $0
JERRY JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
JAMIE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
GRIFFIN GLASSCOCK TOWNSEND BOARD MEMBER 1.00
Director
$0 $0 $0
FRANCINE MARSEILLE BOARD MEMBER 1.00
Director
$0 $0 $0
KIM JOHNSON BOARD MEMBER 5.00
Director
$0 $0 $0
PAMELA SMITH-WRIGHT PRESIDENT 2.00
Officer
$0 $0 $0
LINDSEY BROWN SECRETARY 2.00
Officer
$0 $0 $0
JANA BETH FRANCIS TREASURER 2.00
Officer
$0 $0 $0
TARA BECKWITH VICE PRESIDENT 2.00
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 $359,777 $323,543 $338,647 $36,234
2023 $328,024 $349,413 $290,894 $-21,389
2022 $434,692 $345,170 $314,197 $89,522
2021 $285,925 $280,826 $239,360 $5,099
2020 $289,002 $282,326 $204,274 $6,676
2019 $318,819 $298,569 $194,175 $20,250
2018 $320,415 $277,632 $177,506 $42,783
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