Sharp Dance Company

Nonprofit profile at a glance

EIN
264000058
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Philadelphia, PA, USA
Phone
2158802306
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Official website

Reported finances

Revenue
$89,169
Expenses
$81,901
Assets
$9,302
Liabilities
$550

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Thomas Farrell (President)
  • Ryan Nachsin (Vice President)

People named in this filing

  • Thomas Farrell (President)
  • Diane Sharp-Nachsin (Artistic Director)
  • Patrick Korstange (Alumni Relations)

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

Educating the public about socially conscious issues through the performing arts.

What it reported doing in 2025

The SHARP Dance Company held its 2025 Professional and Pre-Professional Summer Intensives in July. The Professional Intensive ran from July 28-30, while the Pre-Professional Intensive took place from July 23-25. Both programs featured dance classes and workshops, with the pre-professional intensive culminating in a studio performance with the SHARP Dance Company on July 31. These classes allow education and exposure of dance to students considering a future in dance. With the conclusion of a studio performance, SHARP aims to reach new audience members to the arts.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. 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: 50
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.5%; rating input score 48
  • Program expense ratio: 52.8%; rating input score 53

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 8.2%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 31.5% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: -9.3% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: -84.2% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 48.5% of revenue deployed · 52.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $43K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 48/100.
  • Review — Financial Efficiency: Program expense ratio scored 53/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Operating margin scored 58/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.