Dova INC EIN 13-2678071

Dova INC FY2023 filing

EIN  13-2678071 Public charity (501(c)(3)) New York, NY
Form 990 (PDF)
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Size
$100K–1M
What they do
Presents virtuosic dance performances exploring human experiences.
Leadership
Patty Bryan · General Manager · $74K
Money in and out
$426K revenue, $507K expenses
Bottom line
58% program efficiency

Presents virtuosic dance performances exploring human experiences. For fiscal year 2023 it reported $426K in revenue, $507K in expenses, and $124K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$426K
Pt VIII · Ln 12
Total expenses
$507K
Pt IX · Ln 25
Net assets
$124K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$82K
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.25 Fundraising $0.17
Program efficiency
58%
of spending reaches programs
Operating runway
2.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-19%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$426K
FY2023▼ -46%
Expenses
$507K
FY2023▼ -24%
Total assets
$144K
FY2023▼ -51%
Total liabilities
$20K
FY2023▼ -77%
Total revenue
$426K
Pt VIII · Ln 12
Total expenses
$507K
Pt IX · Ln 25
Net assets
$124K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$82K
Total assetsPt X · Ln 16$144K
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services account for $297K of program spending, described in the organization's own filed words · FY2022.
01

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.

$173Kprogram expense
02

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

$124Kprogram 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 1a8
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 (FY2022); the FY2023 filing did not itemize Part VII
General Manager
$73,658Pt VII · Sec A
Executive Director and Artistic Director
$64,232Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$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$252K · 59%
Program service revenue$167K · 39%
Other revenue$7K · 2%
Contributions & grants59%$252K
Program service revenue39%$167K
Other revenue2%$7K
Investment income$56
— government grantsLn 1e$95K
Total revenueLn 12$426K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.25 Fundraising $0.17
Program services58%$297K
Management & general25%$127K
Fundraising17%$84K
Total functional expensesLn 25$507K

Balance Sheet

Part X · end of year
CashLn 1$100K
Total assetsLn 16$144K
Total liabilitiesLn 26$20K
Total net assetsLn 32$124K
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $100K · Operating expenses/yr $507K
2.4 months
Where the money goes
Program services
Program services $297K · Total expenses $507K
58%
Management & General
Management & general $127K · Total expenses $507K
25%
Fundraising
Fundraising $84K · Total expenses $507K
17%
Cost to raise $1
Fundraising expense (3-yr avg) $74K · Solicited contributions (3-yr avg) $176K
$0.42 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $252K · Total revenue $426K
59%
Government reliance
Government grants $95K · Total revenue $426K
22%
Earned-income share
Program service revenue $167K · Total revenue $426K
39%
Investment reliance
Investment income $56 · Total revenue $426K
0%
Program self-sufficiency
Program service revenue $167K · Total expenses $507K
33%
Growth & trend
Revenue growth (YoY)
This year $426K · Prior year $791K
-46%
Net-asset trend (YoY)
End of year $124K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $426K · Expenses $507K
-19%
Liabilities-to-Assets
Total liabilities — · Total assets $144K
Net-asset ratio
Net assets $124K · Total assets $144K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $144K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Patty Bryan · Reported title GENERAL MANAGER · Highest reported compensation $74K · Total expenses $507K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $355K · Total expenses $507K
70%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 58%
Overhead ratio 25%
Fundraising cost ratio 33%
Revenue growth -46%
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 · ⤓ 990 PDF
FY2024$577K revenue · ⤓ 990 PDF
FY2023$426K revenue · viewing · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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