Dancefusion

Nonprofit profile at a glance

EIN
222852277
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Phila, PA, USA
Phone
2152227633
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$292,762
Expenses
$309,299
Assets
$28,835
Liabilities
$197,705

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

Leadership & pay

6 people listed

Executive titles in this filing

  • LAURA MARDER (PRESIDENT)

Highest reported compensation

  • GWENDOLYN BYE SCHULMAN (EXECUTIVE DI): $57,681 total reported compensation

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

Overview

Mission

Dancefusion, inc. Is a modern dance repertory company dedicated to both the reconstruction of historic works from america's rich record of modern dance and creating innovative works by exploring new choreographic directions for the future. We provide dance training through programs at the gwendolyn bye dance center, educational residencies for the community, and nurture fusion2, our training company for young dancers. Dancefusion aims to expand awareness and appreciation of modern dance by presenting our programs and performances to diverse audiences.

What it reported doing in 2024

Gwendolyn bye dance center-inclusive and diverse program dedicated to superior training through dance classes and performances throughout greater philadelphia. Approximately 110 students attended one or several of the 21 classes offered each week from beginner to professional in ballet, modern, jazz, tap, hip-hop, african dance, and musical theater. The school offers scholarships to talented children who would not normally have the resources to afford dance training. A total of 88 volunteer hours of legal services, and strategic business planning were donated by a law firm, and an individual respectively.

Operating model

Revenue model
Earned-program. 81% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 92
  • Accountability: 72
  • Sustainability: 18
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.4%; rating input score 81
  • Program expense ratio: 76.9%; rating input score 77
  • Fundraising efficiency: $5.87 raised per $1 spent on fundraising; rating input score 26; 26th 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

Accountability

  • Independent voting board: 83.3%; rating input score 83; 22nd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -5.6%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 6.86; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 18.6%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 0.8% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: -0.7% per year; rating input score 0; 21st percentile among comparable filings
  • Asset growth: 7.9% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 81.4% of revenue deployed · 76.9% of spending went to programs
  • Governance: 5 of 6 board members independent · 4 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $238K in reported program spending
  • Leadership: top reported pay $58K · 6 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 26/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.