Carousel Dance Company Inc
Nonprofit profile at a glance
- EIN
- 823861368
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- West Hills, CA, USA
- Phone
- 8186876161
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $105,568
- Expenses
- $74,675
- Assets
- $50,913
- Liabilities
- $910
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Michele Wydra (President)
People named in this filing
- Michele Wydra (President)
- Karen Willes (Director)
- Elena Brooks (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Carousel Dance Company, Inc.'s mission is to provide dance, music, and arts education to girls 5 to 17 years old. We want to encourage local youth development by providing affordable opportnitites for personal and artistic dance growth. Carousel Dance Company, Inc. is a perfoming arts program that places an emphasis on teaching participants the value of leadership and community service. Carousel Dance Company, Inc. promotes self-esteem, commitment, and love of performing arts through a structured program that teaches participants the fundementals of dance productions throughout the year.
What it reported doing in 2024
Carousel Dance Company Inc. has performed at numerous events, including but not limited to, City Gala funraiser, Girls and Boys Club, film festivals, Cancer fundraisers, and nationally at various conventions. Many of the participants of the program have graduated and have continued on with their love of dance and music and have majored in professional arts while attending college.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 82
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.7%; rating input score 71
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 29.3%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 0.68; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 10.9% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 6.6% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 1.1% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 70.7% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $75K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2017 to 2024
- Contacts: How to reach this organization
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.