MVMT Dance Co

Nonprofit profile at a glance

EIN
833007398
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024, Form 990-N 2019
Location
Cleveland, OH, USA
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$139,685
Expenses
$155,373
Assets
$798
Liabilities
$741

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

Leadership & pay

2 people listed

Executive titles in this filing

  • LaChanee Davis (Executive Director)

People named in this filing

  • Jasper Reed (Creative Director)
  • LaChanee Davis (Executive 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

The MVMT Dance Co. exists to empower Black and Brown youth through high-quality dance education creative expression and culturally relevant programming that nurtures artistic development leadership and confidence. We are here to provide accessible and inclusive performing arts education and mentorship opportunities for underserved youth using dance as a tool to promote personal growth cultural pride and positive community engagement. Program Activities Prior Year: In 2024 The MVMT Dance Co. operated three core programs that upheld its 501c3 tax-exempt mission: The Diamond MVMT which provided year-round dance training performance opportunities and mentorship to over 125 youth. Halftime Dance Showcase a large-scale cultural event that brought together over 115 dancers and an audience of 250+ to celebrate community and performance. ADC Home a condensed dance camp that served over 220 participants offering technical training team-building and leadership experiences.

What it reported doing in 2024

Halftime Dance Showcase a large-scale cultural event that brought together over 115 dancers and an audience of 250+ to celebrate community and performance.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
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 program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 100
  • Sustainability: 16
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 40.4%; rating input score 40
  • Program expense ratio: 36.4%; rating input score 36

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: 0.01; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 0.93; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 44.6% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 24.5% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 13.5% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 40.4% of revenue deployed · 36.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $56K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 36/100.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.