Young Dance INC EIN 41-1686416

Young Dance INC

EIN  41-1686416 Public charity (501(c)(3)) Saint Paul, MN Founded 1991
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Size
$100K–1M
What they do
Empowers youth to build body and spirit through creative dance.
Leadership
Gretchen Pick · Executive Director · $38K
Money in and out
$674K revenue, $540K expenses
Bottom line
83% program efficiency

Empowers youth to build body and spirit through creative dance. For fiscal year 2024 it reported $674K in revenue, $540K in expenses, and $127K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$674K
Pt VIII · Ln 12
Total expenses
$540K
Pt IX · Ln 25
Net assets
$127K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $134K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.10 Fundraising $0.07
Program efficiency
83%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
5.0mo
months of highly liquid reserves at operating expense rate▲ +85% vs prior filing year
Surplus margin
+20%
revenue over expenses, this year▲ +337% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$674K
FY2024▲ +69%
Expenses
$540K
FY2024▲ +25%
Total assets
$225K
FY2024▲ +122%
Total liabilities
$98K
FY2024▼ -9%
Total revenue
$674K
Pt VIII · Ln 12
Total expenses
$540K
Pt IX · Ln 25
Net assets
$127K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$134K
Total assetsPt X · Ln 16$225K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

3 program services account for $400K of program spending, described in the organization's own filed words · FY2024.
01

Young Dance Classes

Young Dance offered approximately 30 weekly classes September-May at our studios including Dance Together Dancing with Baby Creative Movement Levels 1-3 Modern Levels 1-4 Adult Modern Ballet Levels 1-3,Hip Hop Levels 1-3 Breaking Levels 1-3 Musical Theater and All Abilities Dancing Levels 1-2.

$208Kprogram expense
02

Community Partnerships

A vital part of our programming are community partnerships that happen with schools and community organizations bringing dance to people who otherwise cannot access our programming. We offered extended programs lasting multiple weeks with Ramsey County Juvenile Corrections Minneapolis and St.

$115Kprogram expense
03

Young Dance Company

20 dancers participated in the Young Dance Company under the direction of Anat Shinar Judy Shui Xian ,and Margaret Ogas in the 2024-25 season. They worked with 3 additional guest artists. They presented work at the Walker Art Center Minneapolis Institute of Arts Modern Dance Project Franconia Sculpture Park and a season culminating…

$77Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CYoung Dance INC
EINHdr · item D41-1686416
Principal addressHdr · item CSaint Paul, MN
WebsiteHdr · item Jyoungdance.org
Year of formationHdr · item L1991
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A60Z)
Ruling yearIRS BMFAug 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
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
Executive Director
$37,600Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Gretchen Pick’s $38K as Executive Director is at the 32nd percentile of top reported officer pay among 2213 $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 · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Gretchen Pick$37,600$40,000$34,840$32,900$28,000

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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Statement of Revenue

Part VIII
Program service revenue$334K · 50%
Contributions & grants$329K · 49%
Other revenue$11K · 2%
Program service revenue50%$334K
Contributions & grants49%$329K
Other revenue2%$11K
— government grantsLn 1e$115K
Total revenueLn 12$674K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.10 Fundraising $0.07
Program services83%$449K
Management & general10%$56K
Fundraising7%$35K
Total functional expensesLn 25$540K

Balance Sheet

Part X · end of year
CashLn 1$224K
Total assetsLn 16$225K
Total liabilitiesLn 26$98K
Total net assetsLn 32$127K
Months of cash on handcomputed5.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $224K · Operating expenses/yr $540K
5.0 months
Where the money goes
Program services
Program services $449K · Total expenses $540K
83%
Management & General
Management & general $56K · Total expenses $540K
10%
Fundraising
Fundraising $35K · Total expenses $540K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $28K · Solicited contributions (3-yr avg) $152K
$0.19 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $329K · Total revenue $674K
49%
Government reliance
Government grants $115K · Total revenue $674K
17%
Earned-income share
Program service revenue $334K · Total revenue $674K
50%
Investment reliance
Investment income $0 · Total revenue $674K
0%
Program self-sufficiency
Program service revenue $334K · Total expenses $540K
62%
Growth & trend
Revenue growth (YoY)
This year $674K · Prior year $399K
+69%
Revenue CAGR
FY2020 $211K · FY2024 $674K
+34%
Net-asset trend (YoY)
End of year $127K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $674K · Expenses $540K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $225K
Net-asset ratio
Net assets $127K · Total assets $225K
57%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $225K
0%
People & payroll
Highest Reported Total Compensation
Individual Gretchen Pick · Reported title Executive Director · Highest reported compensation $38K · Total expenses $540K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $372K · Total expenses $540K
69%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 10%
Fundraising cost ratio 11%
Revenue growth 69%

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
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
FY2024$399K revenue · ⤓ 990 PDF
FY2023$381K revenue · ⤓ 990 PDF
FY2022$293K revenue · ⤓ 990 PDF
FY2021$211K 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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