Dragon Dance FY2020 filing

Tax-deductible

Barre, VT501(c)(3)EIN 03-0263332

Cultural exchange projects realized on tour

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $11 a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$15K
Spent
$16K
To programs
100%
Net assets
$2K
By yearFY2020–FY2024
Revenue
$15K
FY2020
Revenue by fiscal year
FY2020$15K
FY2021$15K
FY2022$22K
FY2023$16K
FY2024$11K
Expenses
$16K
FY2020
Expenses by fiscal year
FY2020$16K
FY2021$16K
FY2022$21K
FY2023$17K
FY2024$7K
Net assets
$2K
FY2020
Net assets by fiscal year
FY2020$2K
FY2021$375
FY2022$213
FY2023−$348
FY2024$3K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1977.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $16K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director/Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Dragon Dance executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Facilitates cultural exchange through touring projects.

Provided by the organization

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1 program service account for $16K of program spending, described in the organization's own filed words · FY2020.
01

Cultural exchange projects realized on tour

$16Kprogram expense

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By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$15K
Ln 12
Other incomeLn 4–11$9K
Gifts and grantsLn 1h$5K
Money outPt IX
$16K
Ln 25
Programscol B$16K
Owns and owesPt X
$2K
net assets · Ln 32
Cash and savingsLn 1–2$2K
Total assetsLn 16$2K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5K
Other incomeLn 4–11$9K
Total revenueLn 12$15K
Assets in detailPt X, end of year
CashLn 1$2K
Cash and savings togetherLn 1–2$2K
Total assetsLn 16$2K
LiabilitiesLn 26$0
Net assetsLn 32$2K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$2K$2K
Total assetsLn 16$2K$2K
LiabilitiesLn 26$0$0
Net assetsLn 32$2K$2K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$205$205$0$0
Advertising and promotionLn 12$63$63$0$0
Office expensesLn 13$3K$3K$0$0
Information technologyLn 14$132$132$0$0
Other expenses (24a–d)Ln 24$13K$13K$0$0
Total functional expensesLn 25$16K$16K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $11K$7K$4K$3K 990 PDF
FY2023 $16K$17K−$2K−$348 990 PDF
FY2022 $22K$21K$882$213 990 PDF
FY2021 $15K$16K−$1K$375 990 PDF
FY2020 Viewing $15K$16K−$2K$2K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $14,575 across 5 lines filed
VIII-1f All other contributions, gifts and grants$5,200
VIII-1h Total contributions, gifts and grants$5,200
VIII-5 RoyaltiesRelated to mission $22 · Unrelated business $0 · Excluded from tax $0$22
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $9,353 · Unrelated business $0 · Excluded from tax $0$9,353
VIII-12 Total revenueRelated to mission $9,375 · Unrelated business $0 · Excluded from tax $0$14,575
Part IX · Statement of functional expenses $16,331 across 5 lines filed
IX-11a Management feesPrograms $205 · Management $0 · Fundraising $0$205
IX-12 Advertising and promotionPrograms $63 · Management $0 · Fundraising $0$63
IX-13 Office expensesPrograms $3,042 · Management $0 · Fundraising $0$3,042
IX-14 Information technologyPrograms $132 · Management $0 · Fundraising $0$132
IX-24 Other expenses (24a–d)Programs $12,889 · Management $0 · Fundraising $0$12,889
IX-25 Total functional expensesPrograms $16,331 · Management $0 · Fundraising $0$16,331
Part X · Balance sheet $1,756 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $2,500$1,756
X-16 Total assetsStart of year $2,500$1,756
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $2,500$1,756
X-32 Total net assets or fund balancesStart of year $2,500$1,756
X-33 Total liabilities and net assetsStart of year $2,500$1,756
Part XI · Reconciliation of net assets $1,756 net assets at year end
XI-1 Total revenue$14,575
XI-2 Total expenses$16,331
XI-3 Revenue less expenses−$1,756
XI-4 Net assets at start of year$2,500
XI-8 Prior period adjustments$1,012
XI-10 Net assets at end of year$1,756

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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