Parsons Dance Foundation INC

New York, NY · Public charity (501(c)(3)) · Arts & Culture

✓ Tax-deductible
Revenue
$2.2M
-20% vs prior year
Spent
$2.3M
To programs
70%
Net assets
$1.1M
By yearFY2020–FY2025
Revenue
$2.2M
FY2025▼ -20%
Revenue by fiscal year
FY2020$1.3M
FY2021$1.1M
FY2022$2.3M
FY2023$1.6M
FY2024$2.7M
FY2025$2.2M
Expenses
$2.3M
FY2025▲ +8%
Expenses by fiscal year
FY2020$1.3M
FY2021$1.1M
FY2022$1.8M
FY2023$2.0M
FY2024$2.2M
FY2025$2.3M
Net assets
$1.1M
FY2025▼ -11%
Net assets by fiscal year
FY2020$643K
FY2021$662K
FY2022$1.1M
FY2023$692K
FY2024$1.3M
FY2025$1.1M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CParsons Dance Foundation INC
EINHdr · item D13-3376271
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFOct 1990
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CNew York, NY
NTEE classificationIRS BMFArts & Culture (A620)
WebsiteHdr · item Jwww.parsonsdance.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.15 Fundraising $0.15
Program services70%$1.6M
Management & general15%$348K
Fundraising15%$342K
Total functional expensesLn 25$2.3M

Financial health

Is it on solid ground?

Program efficiency
70%
of spending reaches programs▲ +14% vs prior filing year
Operating runway
3.6mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
-7%
revenue over expenses, this year▼ -135% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$1.7M
FY2025▼ -9%
Total assets by fiscal year
FY2020$864K
FY2021$841K
FY2022$1.7M
FY2023$1.3M
FY2024$1.8M
FY2025$1.7M
Total liabilities
$539K
FY2025▼ -4%
Total liabilities by fiscal year
FY2020$220K
FY2021$179K
FY2022$532K
FY2023$595K
FY2024$560K
FY2025$539K
Revenue less expensesPt I · Ln 19−$154K
Total assetsPt X · Ln 16$1.7M
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 415

Balance Sheet

Part X · end of year
CashLn 1$446K
Total assetsLn 16$1.7M
Total liabilitiesLn 26$539K
Total net assetsLn 32$1.1M
Months of cash on handcomputed2.3

Statement of Revenue

Part VIII
Contributions & grants$1.3M · 59%
Program service revenue$928K · 43%
Investment income$15K · 1%
Contributions & grants59%$1.3M
Program service revenue43%$928K
Investment income1%$15K
— government grantsLn 1e$177K
Total revenueLn 12$2.2M

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $705K · Operating expenses/yr $2.3M
3.6 months
Where the money goes
Program services
Program services $1.6M · Total expenses $2.3M
70%
Management & General
Management & general $348K · Total expenses $2.3M
15%
Fundraising
Fundraising $342K · Total expenses $2.3M
15%
Cost to raise $1
Fundraising expense (3-yr avg) $336K · Solicited contributions (3-yr avg) $1.3M
$0.26 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.3M · Total revenue $2.2M
59%
Government reliance
Government grants $177K · Total revenue $2.2M
8%
Earned-income share
Program service revenue $928K · Total revenue $2.2M
43%
Investment reliance
Investment income $15K · Total revenue $2.2M
+0.7%
Program self-sufficiency
Program service revenue $928K · Total expenses $2.3M
40%
Growth & trend
Revenue growth (YoY)
This year $2.2M · Prior year $2.7M
-20%
Revenue CAGR
FY2019 $1.3M · FY2024 $2.2M
+12%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.2M · Expenses $2.3M
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
—
Net-asset ratio
Net assets $1.1M · Total assets $1.7M
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $258K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.7M
16%
People & payroll
Highest Reported Total Compensation
Individual David Parsons · Reported title ARTISTIC DIRECTOR · Highest reported compensation $140K · Total expenses $2.3M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.3M · Total expenses $2.3M
54%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%——
Overhead ratio 15%——
Fundraising cost ratio 27%——
Revenue growth -20%——
Investment management fee ratio 0.1%——
Legal fee ratio 1%——
Accounting fee ratio 0.7%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Artistic Director
$140,000Pt VII · Sec A
Executive Director
$125,000Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

David Parsons’s $140K as Artistic Director is at the 61st percentile of top reported officer pay among 3924 $1–10M 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
David Parsons$140,000$140,000$157,000———
David Parsons———$136,692$150,792$145,000
Rebecca Josue$125,000$125,000$125,000———
Rebecca Josue———$120,404$96,827$95,000

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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Governance & Policies

Part VI
  • 16Voting board membersPt VI · Ln 1a
  • 15Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Brings inspiring dance performances and education to audiences globally.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $1.6M of program spending, described in the organization's own filed words · FY2024.
01

Ticket Sales and Other Performances

Parsons Dance conducts rehearsals to create new dances, to train our dancers in our repertory, and to prepare for our performances on tour and in New York City. Parsons Dance also conducts special outreach performance events including setting the work of David Parsons at colleges and universities, and special performance lecture…

$1.1Mprogram expense
02

Touring

Parsons presents live dance concerts throughout the United States and Internationally.

$420Kprogram expense
03

Tuition and Workshops

Parsons Dance conducts educational activities including pre-professional training through intensive workshops in NYC and Italy; in-school residencies and workshops at NYC public schools for and by young and neurodiverse people, giving access to new work and performance opportunities; and community residencies during which the company…

$94Kprogram 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 · FY2024
See all 10 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $2.2M$2.3M-20% 990 PDF
FY2024 $2.7M$2.2M+74% 990 PDF
FY2023 $1.6M$2.0M-31% 990 PDF
FY2022 $2.3M$1.8M+100% 990 PDF
FY2021 $1.1M$1.1M-10% 990 PDF
FY2020 $1.3M$1.3M 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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
Names, privacy, and removal requests More

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