The New Dance Complex INC FY2022 filing

Tax-deductible

Cambridge, MA501(c)(3)Since 1991EIN 04-3131964

Administrating a dance center for community and educational purposes.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$185K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990-TIndependent: 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-T
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $136K a year · 15% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$185K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 10.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$544K
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
+29% vs prior year
Spent
$726K
To programs
85%
Net assets
$741K
By yearFY2020–FY2024
Revenue
$1.0M
FY2022▲ +29%
Revenue by fiscal year
FY2020$817K
FY2021$810K
FY2022$1.0M
FY2023$936K
FY2024$1.1M
FY2024$1.2M
Expenses
$726K
FY2022▲ +2%
Expenses by fiscal year
FY2020$780K
FY2021$710K
FY2022$726K
FY2023$840K
FY2024$933K
FY2024$976K
Net assets
$741K
FY2022▲ +76%
Net assets by fiscal year
FY2020$321K
FY2021$421K
FY2022$741K
FY2023$837K
FY2024$967K
FY2024$1.3M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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 Apr 1993.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $616K Management & general 10% · $71K Fundraising 5% · $39K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

18 people listed on the 990-T; $185K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Di
$92,500Pt VII · Sec A
Executive Di
$92,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair/Direct
$0Pt VII · Sec A
Asst Clerk/D
$0Pt VII · Sec A
Co-President
$0Pt VII · Sec A
Co-President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Peter Dimuro$65,804$106,268$98,457$92,500$81,200$91,477

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The New Dance Complex INC 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Operates a dance center for community and educational programs.

Provided by the organization

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2 program services account for $1.2M of program spending, described in the organization's own filed words · FY2021.
01

The organization provided dance studio space for classes, rehearsal, performances, and educational purposes including community projects such as dance month.

$616Kprogram expense
02

The organization provided dance studio space for classes, rehearsal, performances, and educational purposes including community projects such as dance month.

$616Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$1.0M
Gifts and grants$549K
Fees for services$451K
Other income$43K
Money out
$726K
Programs$616K
Management$71K
Fundraising$39K
Owns and owes
$741K
net assets
Cash and savings$613K
Total assets$1.3M
Liabilities$544K
People
18
listed
Paid2
Voting board8
Independent8
2In more detail
Revenue in detail
Gifts and grants$549K
Government grants$172K
Fees for services$451K
Investment income$504
Other income$43K
Total revenue$1.0M
Assets in detailEnd of year
Cash and savings together$613K
Total assets$1.3M
Liabilities$544K
Net assets$741K
Operations
Employees9
Fiscal year endsJune
Conflict-of-interest policyNo
Whistleblower policyNo
Records policyNo

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.1M$933K$129K$967K 990 PDF
FY2023 $936K$840K$96K$837K 990 PDF
FY2022 Viewing $1.0M$726K$318K$741K 990 PDF
FY2021 $810K$710K$100K$421K 990 PDF
FY2020 $817K$780K$36K$321K 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

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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