Jessica Lang Dance Inc

Nonprofit profile at a glance

EIN
452422075
IRS 990 coverage
2014–2019
Forms available
Form 990 2019, Form 990-EZ 2012, Form 990-N 2011
Location
New York, NY, USA
Phone
9173019414
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$332,061
Expenses
$506,242
Assets
$155,055
Liabilities
$1,257

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • GEOFFREY D FALLON (PRESIDENT)
  • WILLIAM WAGNER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • WILLIAM WAGNER (EXECUTIVE DIRECTOR): $24,000 total reported compensation
  • JESSICA LANG (ARTISTIC DIRECTOR): $12,213 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Jessica lang dance ("jld") is a New York city-based dance company that enriches and inspires global audiences by immersing them in the beauty of music and movement. Lang's original works are offered in performance to audiences of all ages in New York and around the globe, with education and outreach augmenting programming everywhere the company performs. The result is a deeper impact for audience members and youth alike.

What it reported doing in 2019

During 2019, jld performed at yerba buena center for the arts, palm beach state college, duncan theater, detroit music hall, wharton center for the performing arts, pyham theater, brown center for the performing arts, newman center for the performing arts, grenada theater among others. The company offered outreach to local residents and students as part of their touring engagements. In addition to performing, the company's educational programs, such as master classes, workshops, pre-show lectures, and sessions of language, a creative curriculum for dancers and non-dancers alike, allowed jld to more deeply impact the communities it served throughout the year.

Operating model

Revenue model
Earned-program. 85% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 97% 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

STRONG - 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: 84
  • Transparency & Controls: 94
  • Accountability: 62
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 81.3%; rating input score 81
  • Fundraising efficiency: $3.19 raised per $1 spent on fundraising; rating input score 14; 14th 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: 100%; rating input score 100; 79th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 16th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • 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: Fail

Sustainability

  • Operating margin: -52.5%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.31; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 7.2%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: 4.7% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: 10.3% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 11.4% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 81.3% of spending went to programs
  • Governance: 4 of 6 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $412K in reported program spending
  • Leadership: top reported pay $24K · 6 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 6 filing years from 2014 to 2019
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 14/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.