Hollywood Studio of Dance
Nonprofit profile at a glance
- EIN
- 411798405
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990-EZ 2025
- Location
- Minneapolis, MN, USA
- Phone
- 6125216780
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities N.E.C.
Reported finances
- Revenue
- $102,280
- Expenses
- $114,616
- Assets
- $27,660
- Liabilities
- $7,473
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Yolanda Davis (President)
- Jasmine Applewhite (Vice President)
People named in this filing
- Yolanda Davis (President)
- Jasmine Applewhite (Vice President)
- Phyllicia Wise (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of HOLLYWOOD STUDIO OF DANCE is to provide professional dance instruction in a positive, creative and supportive environment. We exist within the community to promote life skills, self-esteem, discipline and confidence for families and students of all ages and abilities.
What it reported doing in 2025
We provided professional dance instruction in a positive, creative and supportive environment within the inner city, through dance recitals. 75 pupils were benefited in 2025.
Operating model
- Revenue model
- Earned-program. 62% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 100
- Sustainability: 17
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.9%; rating input score 95
- Program expense ratio: 84.7%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -12.1%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 1.7%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 5.8% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: -18.1% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 94.9% of revenue deployed · 84.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $97K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Sustainability: Operating margin scored 12/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Sustainability: Officer compensation ratio scored 25/100.