Staibdance INC EIN 27-3371922 Form 990 (PDF) Claim this org

Staibdance INC FY2024 filing

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Nurtures creativity and fosters cultural exchange through free classes and artistic mentorship. For fiscal year 2024 it reported $329K in revenue, $219K in expenses, and $280K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Atlanta, GA
Website
www.staibdance.com
Filings
6 on file (2020–2024)
Revenue
$329KFY2024
Expenses
$219K
Net assets
$280K
People
2
Filings
6
Updates
0
More identity details & actions ⌄
EIN  27-3371922 Public charity (501(c)(3)) Atlanta, GA
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Nurtures creativity and fosters cultural exchange through free classes and artistic mentorship.
Leadership
Sarah Hillmer · Admin Director
Money in and out
$329K revenue, $219K expenses
Bottom line
64% program efficiency
Where the money goes · FY2024
Total revenue
$329K
Pt VIII · Ln 12
Total expenses
$219K
Pt IX · Ln 25
Net assets
$280K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $110K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.36
Program efficiency
64%
of spending reaches programs
Operating runway
15.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+33%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$329K
FY2024▲ +2%
Expenses
$219K
FY2024▼ -27%
Total assets
$282K
FY2024
Total liabilities
$2K
FY2024
Total revenue
$329K
Pt VIII · Ln 12
Total expenses
$219K
Pt IX · Ln 25
Net assets
$280K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$110K
Total assetsPt X · Ln 16$282K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $140K of program spending, described in the organization's own filed words · FY2024.
01

The staibdance summer intensive in sorrento, italy, serves as a meeting place for emerging and established movement artsits from across the globe to take part in classes, conversation, cultural experiences and performances over 2 weeks.

$118Kprogram expense
02

Between a dog and wolf. Initial rehersals in fall 2024 for the development of staibdances latest new work set premiere in october 2025.

$15Kprogram expense
03

Didos & aeneas. A collaboration between atlanta baroque orchestra, immerseatl & staibdance, bringing together 6 dancers, musicians and opera singers for 3 performances of didos & aeneas in atlanta.

$7Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStaibdance INC
EINHdr · item D27-3371922
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jwww.staibdance.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A60)
Ruling yearIRS BMFMay 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Admin Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Sarah Hillmer’s $41K as Admin Director is at the 36th 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 · 2 named individuals · Part VII

NameFY2025FY2023FY2022FY2021
Sarah Hillmer$41,250$40,000
George Staib$21,875$3,063$4,375

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 & grants100%$329K
— government grantsLn 1e$129K
Total revenueLn 12$329K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.36
Program services64%$140K
Management & general36%$78K
Total functional expensesLn 25$219K

Balance Sheet

Part X · end of year
CashLn 1$282K
Total assetsLn 16$282K
Total liabilitiesLn 26$2K
Total net assetsLn 32$280K
Months of cash on handcomputed15.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $282K · Operating expenses/yr $219K
15.5 months
Where the money goes
Program services
Program services $140K · Total expenses $219K
64%
Management & General
Management & general $78K · Total expenses $219K
36%
Fundraising
Fundraising $0 · Total expenses $219K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $191K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $329K · Total revenue $329K
100%
Government reliance
Government grants $129K · Total revenue $329K
39%
Earned-income share
Program service revenue $0 · Total revenue $329K
0%
Investment reliance
Investment income $0 · Total revenue $329K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $219K
0%
Growth & trend
Revenue growth (YoY)
This year $329K · Prior year $321K
+2%
Revenue CAGR
FY2020 $105K · FY2024 $329K
+33%
Net-asset trend (YoY)
End of year $280K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $329K · Expenses $219K
+33%
Liabilities-to-Assets
Total liabilities — · Total assets $282K
Net-asset ratio
Net assets $280K · Total assets $282K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $282K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sarah Hillmer · Reported title ADMIN DIRECTOR · Highest reported compensation $0 · Total expenses $219K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $63K · Total expenses $219K
29%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 36%
Fundraising cost ratio 0%
Revenue growth 2%
Accounting fee ratio 0.3%

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 · received and paid
Grants received · FY2024
Aec TrustFY2024$10K
Total grants receivedfrom 5 funders$92K
See all 5 funders →
Grants paid · 16 grants · $299K · 2023–2025
Latham FoundationGA · FY2025$51,500
Fulton Co Arts & CultureFY2025$17,000
National Endowment for the ArtsFY2025$15,000
City of Atlanta-Mayors Office of Cultural AffairsGA · FY2025$13,500
Latham FoundationGA · FY2024$50,000
Fulton Co Arts & CultureFY2024$19,500
The Imlay Foundation INCGA · FY2024$15,000
City of Atlanta-Mayors Office of Cultural AffairsGA · FY2024$15,000
Aec TrustDE · FY2024$10,000
Ga Council for the ArtsFY2024$8,000
Bd of Commisioners of Fulton CoFY2023$18,250
City of Atlanta-Mayors Office of Cultural AffairsGA · FY2023$15,000
Tri-M FoundationNY · FY2023$10,000
National Endowment for the ArtsFY2023$10,000

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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)$279K revenue · ⤓ 990 PDF
FY2024$329K revenue · viewing · ⤓ 990 PDF
FY2023$321K revenue · ⤓ 990 PDF
FY2022$155K revenue · ⤓ 990 PDF
FY2021$145K revenue · ⤓ 990 PDF
FY2020$105K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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