Paul Taylor Dance Foundation Inc

Nonprofit profile at a glance

EIN
132665475
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2124315562
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Official website

Reported finances

Revenue
$11,519,368
Expenses
$11,183,420
Assets
$22,583,317
Liabilities
$10,727,495

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

Leadership & pay

26 people listed

Executive titles in this filing

  • JOHN TOMLINSON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JOHN TOMLINSON (EXECUTIVE DIRECTOR): $252,329 total reported compensation
  • MICHAEL NOVAK (ARTISTIC DIRECTOR): $217,190 total reported compensation
  • LAUREN LOVETTE (RESIDENT COREOGRAPHER): $189,173 total reported compensation

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

Overview

Mission

Founded by choreographer paul taylor in 1954, paul taylor dance company is a premier institutional center for american modern dance. Under the artistic direction of michael novak, paul taylor dance company honors taylor's groundbreaking legacy and invests heavily in the future of the art form, creating a repertory that speaks directly to contemporary times and amplifying new voices that complement taylor's genius.

What it reported doing in 2024

The taylor center for dance education (tcde) is the educational wing of the paul taylor dance foundation. Tcde is committed to providing high-quality dance education to students of all ages, from introductory classes to rigorous professional classes, from tiny tots to elders. Through a wide range of classes, formats, and activities, the school seeks to nurture, sustain, and advance the field of dance by sharing paul taylor's repertory, fostering the talents of budding choreographers, and exposing students to a wide range of dance styles and techniques. As an american art form, modern dance has emerged from its inherent multiculturalism. Tcde embraces the rich history of the field while providing innovative dance education initiatives and seeks to produce the next generation of dancers, dance makers, dance audiences, and dance advocates.our outreach activities provide the highest quality training and materials for k-12 students and teachers in the New York city area. Through the arnhold tier 3 initiative, we provide access to free live dance performances as well as professional development opportunities and curriculum guides for teachers.additionally, the polaris project offers tickets, pre-performance workshops, q&as, and other resources to a wide range of community organizations, schools, and their families. The polaris project offers unique arts education opportunities for everyone through the lens of paul taylor's works. Through the polaris project, participants can serve their constituents by offering them affordable access to live performances and other activities. These vital enrichment experiences help foster a sense of community and inclusion while providing a vehicle for creative engagement and self-expression.rehearsal, creation, and presentation of dance requires specialized physical spaces. Paul taylor dance company has eight purpose-built dance studios which are available to rent when not already in use by the company or the taylor center for dance education. Rental rates are based on usage and tax exempt status.

Operating model

Revenue model
Donor-supported. 77% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 73
  • Accountability: 100
  • Sustainability: 45
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.2%; rating input score 77
  • Program expense ratio: 75.3%; rating input score 75
  • Fundraising efficiency: $10.66 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.9%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 2.02; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.48; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 12.4%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: -2.3% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: 2.2% per year; rating input score 100; 19th percentile among comparable filings
  • Asset growth: 7.4% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 77.2% of revenue deployed · 75.3% of spending went to programs
  • Governance: 18 of 18 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $8.4M in reported program spending
  • Leadership: top reported pay $252K · 26 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $3M reported
  • Consistency: 40 of 40 current checks pass
  • Schedules: 10 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.