Knock on Wood Tap Studio
Nonprofit profile at a glance
- EIN
- 521922907
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Washington, DC, USA
- Phone
- 2027221625
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $136,249
- Expenses
- $151,458
- Assets
- $77,540
- Liabilities
- $11,832
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- DORI GILLMAN (PRESIDENT)
People named in this filing
- DORI GILLMAN (PRESIDENT)
- MIKE HEIMOWITZ (TREASURER/SECRETARY)
- SANDI AUMANN (DIRECTOR)
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
Preserve and promote the art of tap dance
What it reported doing in 2024
Arts, culture, and humanities knock on wood tap studio - one of very few dance studios in the nation dedicated to percussive dance, we serve a diverse student body of more than 150 students from ages 2 to senior adults, offering more than 20 classes each semester, for all age groups and all skill levels. We honor and preserve the history, instill pride in, and ensure that this iconic and uniquely american art form thrives.this years highlights include:- holding two open mics, giving dancers a chance to perfform- presenting two tap jam parties, one for kids and one for adults- offering broadway tap and pop-up classes (one with a barbie theme and one on step dance)- developing an making presentations on overall tap history and womens tap history- multiple performances by our resident companies, capitol tap and district tap- participating in several community events
Operating model
- Revenue model
- Earned-program. 77% 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: 90
- Transparency & Controls: 100
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.1%; rating input score 93
- Program expense ratio: 83.7%; rating input score 84
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: -11.2%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.51; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 2.4% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 3.4% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: 11.3% per year; rating input score 100; 65th percentile among comparable filings
Details
- Where the money goes: 93.1% of revenue deployed · 83.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $127K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 14/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.