R A C E Dance Company

Tax-deductible

Oklahoma City, OK501(c)(3)Arts & CultureEIN 38-3807469Revenue $356K in FY2025

On file with the IRS726 Culbertson Dr, 73105-8412 · Oklahoma City, OKTax-exempt since Nov 2010Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Teach students in dance performance and to ignite social awareness and change through dance.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
Run by 6 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $30K a year · 11% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$34K
to officers and key staff · 11% of spending
Top officer’s pay lower than 72% of similar orgs
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $120K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$356K
+28% vs prior year
Spent
$315K
To programs
75%
Net assets
$185K
By yearFY2020–FY2025
Revenue
$356K
FY2025▲ +28%
Tap a bar for its year
Revenue by fiscal year
FY2020$96K
FY2021$32K
FY2023$214K
FY2024$279K
FY2025$356K
Expenses
$315K
FY2025▲ +30%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2023$201K
FY2024$243K
FY2025$315K
Net assets
$185K
FY2025▲ +210%
Tap a bar for its year
Net assets by fiscal year
FY2020$29K
FY2021$31K
FY2023$50K
FY2024$60K
FY2025$185K

From the FY2025 Form 990 (year ending June 2025) · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $236K Management & general 20% · $63K Fundraising 5% · $16K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

6 people listed on the 990; $34K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$33,600Pt VII · Sec A
President/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Sherri Hayden’s $34K as Executive Director is at the 28th percentile of top reported officer pay among 2216 $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.

See R A C E Dance Company executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowering students through dance performance to inspire social awareness and change.

Questions for R A C E Dance Company

Tap to ask. R A C E Dance Company sees how many people are interested.

Your first name shows with your question. R A C E Dance Company answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $203K · in their own filed words · FY2024
01

Race the Space

RTS is an inclusive dance training facility that offers classes for adults across varied ages, genres, and skill levels, aiming to reduce the gap in arts programming availability and participation among under-resourced groups.

$118Kprogram expense
02

Race Company

RACEs professional company breaks traditional dance sterotypes by hiring a rotating collective of local artists of varied backgrounds and abilities, highliting diverse voices and supporting a continued investment in Oklahomas creative workforce through artist compensation and professional development.

$80Kprogram expense
03

Race Academy

RACE Academy is a pre-professional training program for young artists , ages 14-17, to gain experience in professional settings that mirror the competitive industry.

$4Kprogram expense

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
South Arts INCFY2024$65K
Total grants receivedfrom 3 funders$120K
See all 3 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$356K
Ln 12
Gifts and grantsLn 1h$198K
Fees for servicesLn 2g$138K
Other incomeLn 4–11$20K
Money outPt IX
$315K
Ln 25
Programscol B$236K
Managementcol C$63K
Fundraisingcol D$16K
Owns and owesPt X
$185K
net assets · Ln 32
Cash and savingsLn 1–2$118K
Total assetsLn 16$187K
LiabilitiesLn 26$2K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$198K
Government grantsLn 1e$108K
Fundraising eventsLn 1c$6K
Fees for servicesLn 2g$138K
Other incomeLn 4–11$20K
Total revenueLn 12$356K
Assets in detailPt X, end of year
CashLn 1$118K
Cash and savings togetherLn 1–2$118K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$51K
Other assetsLn 15$4K
Total assetsLn 16$187K
LiabilitiesLn 26$2K
Net assetsLn 32$185K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$84K$118K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$51K
Total assetsLn 16$84K$187K
LiabilitiesLn 26$7K$2K
Net assetsLn 32$77K$185K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$171K$108K$54K$9K
Legal feesLn 11b$541$460$81$0
Accounting feesLn 11c$5K$0$5K$0
Office expensesLn 13$5K$4K$959$0
OccupancyLn 16$59K$53K$0$6K
Depreciation, depletion and amortizationLn 22$4K$4K$0$0
InsuranceLn 23$1K$1K$0$0
Other expenses (24a–d)Ln 24$62K$61K$174$789
All other expensesLn 24e$8K$5K$3K$55
Total functional expensesLn 25$315K$236K$63K$16K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $356K$315K$41K$185K 990 PDF
FY2024 $279K$243K$36K$60K 990 PDF
FY2023 $214K$201K$14K$50K 990 PDF
FY2022 Not on file
FY2021 $32K$31K 990 PDF
FY2020 $96K$29K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $355,787 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $114,371$198,147
I-9 Program service revenuePrior year $156,332$137,613
I-10 Investment income$0
I-11 Other revenuePrior year $7,938$20,027
I-12 Total revenuePrior year $278,641$355,787
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $242,818$314,705
I-18 Total expensesPrior year $242,818$314,705
I-19 Revenue less expensesPrior year $35,823$41,082
Part VI · Governance 4 of 4 board members independent, 2 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $355,787 across 7 lines filed
VIII-1c Fundraising events$5,608
VIII-1e Government grants$107,648
VIII-1f All other contributions, gifts and grants$84,891
VIII-1h Total contributions, gifts and grants$198,147
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$137,613
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $20,027 · Unrelated business $0 · Excluded from tax $0$20,027
VIII-12 Total revenueRelated to mission $157,640 · Unrelated business $0 · Excluded from tax $0$355,787
Part IX · Statement of functional expenses $314,705 across 9 lines filed
IX-11a Management feesPrograms $108,399 · Management $53,653 · Fundraising $9,060$171,112
IX-11b Legal feesPrograms $460 · Management $81 · Fundraising $0$541
IX-11c Accounting feesPrograms $0 · Management $5,037 · Fundraising $0$5,037
IX-13 Office expensesPrograms $3,835 · Management $959 · Fundraising $0$4,794
IX-16 OccupancyPrograms $52,642 · Management $0 · Fundraising $6,212$58,854
IX-22 Depreciation, depletion and amortizationPrograms $3,657 · Management $0 · Fundraising $0$3,657
IX-23 InsurancePrograms $1,214 · Management $0 · Fundraising $0$1,214
IX-24 Other expenses (24a–d)Programs $60,745 · Management $174 · Fundraising $789$61,708
IX-24e All other expensesPrograms $5,119 · Management $2,614 · Fundraising $55$7,788
IX-25 Total functional expensesPrograms $236,071 · Management $62,518 · Fundraising $16,116$314,705
Part X · Balance sheet $186,935 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $84,094$117,744
X-4 Accounts receivable$14,456
X-10c Land, buildings and equipment, net$51,195
X-13 Program-related investments$0
X-15 Other assets$3,540
X-16 Total assetsStart of year $84,094$186,935
X-17 Accounts payable and accrued expensesStart of year $6,850$1,602
X-26 Total liabilitiesStart of year $6,850$1,602
X-32 Total net assets or fund balancesStart of year $77,244$185,333
X-33 Total liabilities and net assetsStart of year $84,094$186,935
Part XI · Reconciliation of net assets $185,333 net assets at year end
XI-1 Total revenue$355,787
XI-2 Total expenses$314,705
XI-3 Revenue less expenses$41,082
XI-4 Net assets at start of year$77,244
XI-6 Donated services and use of facilities$67,007
XI-10 Net assets at end of year$185,333

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.