The International Association of Blacks in Dance

Nonprofit profile at a glance

EIN
421698454
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-EZ 2015
Location
Washington, DC, USA
Phone
3017550831
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Official website

Reported finances

Revenue
$2,319,478
Expenses
$5,517,222
Assets
$6,311,163
Liabilities
$-814,760

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

Leadership & pay

18 people listed

Highest reported compensation

  • NATASHA MORELAND SPEARS (CO-EXEC. DIR. (UNTIL 3/2025)): $133,733 total reported compensation
  • OMAR A INGRAM CO-ED (THEN EXEC. DIR. (TRANSITION 3/2025)): $125,842 total reported compensation

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

Overview

Mission

To preserve and promote dance by people of african ancestry.

What it reported doing in 2024

Iabd auditions: ballet, multi-company, summer: iabd's signature audition program offers students, pre-professionals, and professionals audition opportunities for ballet, modern dance companies, summer and college dance programs, all in one location and at the same time, for colleges/universities, professional companies, and training programs.fellowship/internship: iabd offers a unique opportunity and experience to assist with the development and growth of this one-of-a-kind service organization. Iabd seeks qualified undergraduate students, graduate students, and recent graduates interested in gaining arts administration experience in these areas of concentration: archives, development, general management, marketing/social media, special events.scholarships: iabd scholarships are awarded to those who demonstrate ability, artistry and passion. Scholarships are for summer intensive training and professional dance training, education, and/or study. There are two scholarships that are available to members, joan myers brown artist development fund and the dr. Sherrill berryman johnson dance scholarship fund.the equity project: increasing the presence of blacks in ballet: dance theatre of harlem, iabd, and dance/USA are pleased to announce the equity project, a three-year partnership program to support the advancement of racial equity in professional ballet companies. The equity project brings together a cohort of artistic and executive leaders from twenty-one large budget, professional ballet companies for in-person meetings and coaching.fiscal sponsorship: iabd's fiscal sponsorship program enables groups and individuals in our community to raise funds for purposes related to iabd's charitable mission without the complexity of incorporating as a separate non-profit organization.performing arts readiness: emergency preparedness: the performing arts readiness project was formed in the recognition that performing arts organizations are especially vulnerable to disasters and emergencies which can halt performances, sometimes indefinitely, and can put an organization out of business overnight.total other programs

Operating model

Revenue model
Donor-supported. 71% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 73% of its reported program spending out as grants.

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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 94
  • Accountability: 84
  • Sustainability: 19
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 79.9%; rating input score 80
  • Fundraising efficiency: Limited

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; 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; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -137.9%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 1.14; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 4.7%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 27.2% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 22.7% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 27.3% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 79.9% of spending went to programs
  • Governance: 16 of 16 board members independent · 5 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $4.4M in reported program spending
  • Leadership: top reported pay $134K · 18 people listed
  • Highest-paid contractors: 2 contractors listed · $307K reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 26 filed money-flow records
  • Related organizations: 24 filed related-organization links
  • 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 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.