McLaughlin Dance Collective EIN 36-4971648 Form 990 (PDF) Claim this org

McLaughlin Dance Collective FY2022 filing

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Trains young dancers and performs ballet, enriching the community. For fiscal year 2022 it reported $286K in revenue, $272K in expenses, and $187K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Torrance, CA
Website
balletcalifornia.org
Filings
5 on file (2021–2022)
Revenue
$286KFY2022
Expenses
$272K
Net assets
$187K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  36-4971648 Public charity (501(c)(3)) Torrance, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Trains young dancers and performs ballet, enriching the community.
Leadership
Elijah Pressman · Director · $17K
Money in and out
$286K revenue, $272K expenses
Bottom line
100% program efficiency
Where the money goes · FY2022
Total revenue
$286K
Pt VIII · Ln 12
Total expenses
$272K
Pt IX · Ln 25
Net assets
$187K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $15K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
8.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$286K
FY2022▲ +17%
Expenses
$272K
FY2022▲ +240%
Total assets
$189K
FY2022▲ +8%
Total liabilities
$2K
FY2022▲ +0.9%
Total revenue
$286K
Pt VIII · Ln 12
Total expenses
$272K
Pt IX · Ln 25
Net assets
$187K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$15K
Total assetsPt X · Ln 16$189K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMcLaughlin Dance Collective
EINHdr · item D36-4971648
Principal addressHdr · item CTorrance, CA
WebsiteHdr · item Jballetcalifornia.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFFeb 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$17,147Pt VII · Sec A
$12,360Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Elijah Pressman$6,360$17,649$17,649$17,147
Diane Lauridsen$8,825$13,816$12,720$12,360$4,000

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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Mission & Programs · Part III

Where the work happens

1 program service account for $272K of program spending, described in the organization's own filed words · FY2022.
01

To consistently place dancers in professional contracts by teaching self-discipline, teamwork, perseverance, respect, self-confidence and dedication to excellence. We also participate in The Ballet Alliance which is a regional organization that provides a week of master dance classes, mentoring, participation in performances, as well as…

$272Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$219K · 76%
Other revenue$67K · 24%
Contributions & grants76%$219K
Other revenue24%$67K
Total revenueLn 12$286K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$272K
Total functional expensesLn 25$272K

Balance Sheet

Part X · end of year
CashLn 1$184K
Total assetsLn 16$189K
Total liabilitiesLn 26$2K
Total net assetsLn 32$187K
Months of cash on handcomputed8.1

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $184K · Operating expenses/yr $272K
8.1 months
Where the money goes
Program services
Program services $272K · Total expenses $272K
100%
Management & General
Management & general $0 · Total expenses $272K
0%
Fundraising
Fundraising $0 · Total expenses $272K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $212K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $219K · Total revenue $286K
76%
Government reliance
Government grants — · Total revenue $286K
Earned-income share
Program service revenue $0 · Total revenue $286K
0%
Investment reliance
Investment income $0 · Total revenue $286K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $272K
0%
Growth & trend
Revenue growth (YoY)
This year $286K · Prior year $245K
+17%
Net-asset trend (YoY)
End of year $187K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $286K · Expenses $272K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $189K
Net-asset ratio
Net assets $187K · Total assets $189K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $189K
0%
People & payroll
Highest Reported Total Compensation
Individual Elijah Pressman · Reported title Director · Highest reported compensation $17K · Total expenses $272K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $34K · Total expenses $272K
12%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 17%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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
GE FoundationFY2024$500
Total grants receivedfrom 3 funders$10K
See all 3 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)$133K revenue · ⤓ 990 PDF
FY2024$297K revenue · ⤓ 990 PDF
FY2023$327K revenue · ⤓ 990 PDF
FY2022$286K revenue · viewing · ⤓ 990 PDF
FY2021$245K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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