Chicago Multi-cultural Dance Center

Nonprofit profile at a glance

EIN
363825373
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Chicago, IL, USA
Phone
3124610300
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities N.E.C.

Official website

Reported finances

Revenue
$767,400
Expenses
$793,644
Assets
$110,333
Liabilities
$291,088

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Highest reported compensation

  • ROBIN EDWARDS (MEMBER, EXEC. DIR.): $71,000 total reported compensation
  • HOMER HANS BRYANT (FOUNDER & ARTISTIC DIR.): $49,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The chicago multi-cultural dance center's mission is to offer the highest quality dance instruction in an environment that celebrates the diversity of its students and the community. This includes world-class choreography, performance, professional and pre-professional training and community outreach that "connects" with new and experienced multi-cultural audiences and students of all backgrounds.

What it reported doing in 2024

The center's principal program is chicago multi-cultural dance center school (cmdc school). Cmdc school is a dance center that provides high quality dance instruction in a variety of dance techniques including ballet, jazz, tap, and salsa. The age of dance students ranges from three to approximately fifty, while the overwhelming majority of the students are under eighteen years of age. The majority of students come from working lower and middle class families. Fee adjustments and scholarships are available upon request, but subject to cmdc school having adequate funds. This is an attempt to ensure that lack of income is not a barrier to participation for children and families. Cmdc school is open to all students of all backgrounds inclusive of students with physical or mental disabilities.in recent years, cmdc has expanded to include a professional performance company that has held dance concerts throughout the united states.

Operating model

Revenue model
Earned-program. 65% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62%; rating input score 62
  • Program expense ratio: 59.9%; rating input score 60
  • Fundraising efficiency: $10.52 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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

Accountability

  • Independent voting board: 87.5%; rating input score 88; 21st percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3.4%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 2.64; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 15.1%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 1.2% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 4% per year; rating input score 100; 37th percentile among comparable filings
  • Asset growth: 11.5% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 62% of revenue deployed · 59.9% of spending went to programs
  • Governance: 7 of 8 board members independent · 4 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $476K in reported program spending
  • Leadership: top reported pay $71K · 8 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 5 of 9 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.