Threshold Dance Projects Inc
Overview
Mission
To nurture a personal commitment to dance as a life-long process of discovery through live performance of original choreography, interactive educational residencies, outreach programs, and digital media, and to create through the revelation of our shared humanity by bridging boundaries through multi-disciplinary dances and performances in theaters and site-specific venues that addresses the human condition and universal global issues.
What it reported doing in 2024
Choreograph, teach and perform dramatic contemporary dance theater.
Operating model
- Revenue model
- Donor-supported. 86% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 133838879
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Headquarters
- New York, NY, USA
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. The filing reports that some governance safeguards are missing and available reserves provide a limited financial cushion.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 100
- Accountability: 77
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.8%; rating input score 70
- Program expense ratio: 72.3%; rating input score 72
- Fundraising efficiency: $29.15 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 3.4%; rating input score 47; 47th percentile among comparable filings
- Operating reserve ratio: 0.28; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.5; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 9.7%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 3.7% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 0.7% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 7.1% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 69.8% of revenue deployed · 72.3% of spending went to programs
- Governance: 11 of 11 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $281K in reported program spending
- Leadership: top reported pay $32K · 12 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 annual filings from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.