Dova INC EIN 13-2678071

Dova INC

EIN  13-2678071 Public charity (501(c)(3)) New York, NY
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Presents virtuosic dance performances exploring human experiences.
Leadership
Doug Varone · Executive Director and Artistic Director · $84K
Money in and out
$541K revenue, $495K expenses
Bottom line
68% program efficiency

Presents virtuosic dance performances exploring human experiences. For fiscal year 2025 it reported $541K in revenue, $495K in expenses, and $156K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$541K
Pt VIII · Ln 12
Total expenses
$495K
Pt IX · Ln 25
Net assets
$156K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.20 Fundraising $0.12
Program efficiency
68%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
3.8mo
months of highly liquid reserves at operating expense rate▲ +137% vs prior filing year
Surplus margin
+8%
revenue over expenses, this year▲ +444% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$541K
FY2025▼ -6%
Expenses
$495K
FY2025▼ -16%
Total assets
$183K
FY2025▲ +14%
Total liabilities
$27K
FY2025▼ -46%
Total revenue
$541K
Pt VIII · Ln 12
Total expenses
$495K
Pt IX · Ln 25
Net assets
$156K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$183K
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services account for $334K of program spending, described in the organization's own filed words · FY2024.
01

Dova trains over 150 professionals and pre-professional dancers and choreographers every year with the winter intensive, summer workshop, and devices choreographic mentorship programs

$220Kprogram expense
02

Since 1986, dova has created over 80 dances, taught over 2,500 students, and brought award-winning dances to tens of thousands of fans in over 125 cities around the world. The creation, performance, and touring of new dance works are the primary activities of the organization.

$114Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDova INC
EINHdr · item D13-2678071
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.dougvaroneanddancers.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A620)
Ruling yearIRS BMFJul 1971

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director and Artistic Director
$83,566Pt VII · Sec A
General Manager
$81,410Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer (resigned June 2025)
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Doug Varone’s $84K as Executive Director and Artistic Director is at the 78th percentile of top reported officer pay among 2212 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Doug Varone$83,566$67,232$64,232$66,688$64,746$64,213
Patty Bryan$81,410$77,234$73,658$75,945$74,259$1,600
Janice Shapiro$34,725

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.

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Statement of Revenue

Part VIII
Contributions & grants$269K · 50%
Program service revenue$255K · 47%
Other revenue$18K · 3%
Contributions & grants50%$269K
Program service revenue47%$255K
Other revenue3%$18K
Investment income$32
— government grantsLn 1e$75K
Total revenueLn 12$541K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.20 Fundraising $0.12
Program services68%$334K
Management & general20%$100K
Fundraising12%$61K
Total functional expensesLn 25$495K

Balance Sheet

Part X · end of year
CashLn 1$159K
Total assetsLn 16$183K
Total liabilitiesLn 26$27K
Total net assetsLn 32$156K
Months of cash on handcomputed3.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $159K · Operating expenses/yr $495K
3.8 months
Where the money goes
Program services
Program services $334K · Total expenses $495K
68%
Management & General
Management & general $100K · Total expenses $495K
20%
Fundraising
Fundraising $61K · Total expenses $495K
12%
Cost to raise $1
Fundraising expense (3-yr avg) $67K · Solicited contributions (3-yr avg) $190K
$0.35 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $269K · Total revenue $541K
50%
Government reliance
Government grants $75K · Total revenue $541K
14%
Earned-income share
Program service revenue $255K · Total revenue $541K
47%
Investment reliance
Investment income $32 · Total revenue $541K
0%
Program self-sufficiency
Program service revenue $255K · Total expenses $495K
52%
Growth & trend
Revenue growth (YoY)
This year $541K · Prior year $577K
-6%
Revenue CAGR
FY2019 $717K · FY2024 $541K
-5%
Net-asset trend (YoY)
End of year $156K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $541K · Expenses $495K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $183K
Net-asset ratio
Net assets $156K · Total assets $183K
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $183K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Doug Varone · Reported title EXECUTIVE DIRECTOR AND ARTISTIC DIRECTOR · Highest reported compensation $84K · Total expenses $495K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $343K · Total expenses $495K
69%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 20%
Fundraising cost ratio 23%
Revenue growth -6%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 5 funders$74K
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$541K revenue · viewing · ⤓ 990 PDF
FY2024$577K revenue · ⤓ 990 PDF
FY2023$426K revenue · ⤓ 990 PDF
FY2022$791K revenue · ⤓ 990 PDF
FY2021$335K revenue · ⤓ 990 PDF
FY2020$717K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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