Extensions Dance Co EIN 42-1708399 Form 990 (PDF) Claim this org

Extensions Dance Co FY2022 filing

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Offers serious young dancers artistic education and a strong sense of community. For fiscal year 2022 it reported $619K in revenue, $623K in expenses, and $80K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Chicago, IL
Website
extensionsdance.com
Filings
6 on file (2020–2022)
Revenue
$619KFY2022
Expenses
$623K
Net assets
$80K
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  42-1708399 Public charity (501(c)(3)) Chicago, IL
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
Offers serious young dancers artistic education and a strong sense of community.
Leadership
Elizabeth Mackenzie Pontarelli · Artistic Director · $112K
Money in and out
$619K revenue, $623K expenses
Bottom line
80% program efficiency
Where the money goes · FY2022
Total revenue
$619K
Pt VIII · Ln 12
Total expenses
$623K
Pt IX · Ln 25
Net assets
$80K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$4K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.16 Fundraising $0.04
Program efficiency
80%
of spending reaches programs
Operating runway
0.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-0.7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$619K
FY2022▲ +6%
Expenses
$623K
FY2022▲ +4%
Total assets
$80K
FY2022▼ -35%
Total liabilities
$0
FY2022▼ -100%
Total revenue
$619K
Pt VIII · Ln 12
Total expenses
$623K
Pt IX · Ln 25
Net assets
$80K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$4K
Total assetsPt X · Ln 16$80K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

1 program service account for $497K of program spending, described in the organization's own filed words · FY2021.
01

Through community outreach and education and mentoring opportunities, the young dancers and the public will be educated about the importance of dance in fulfilling the human spirit within themselves and those around them.

$497Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CExtensions Dance Co
EINHdr · item D42-1708399
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jextensionsdance.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A62)
Ruling yearIRS BMFAug 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b1
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$112,250Pt VII · Sec A
Executive Director / Treas
$40,000Pt VII · Sec A
Assistant Artistic Directo
$0Pt VII · Sec A

Elizabeth Mackenzie Pontarelli’s $124K as Artistic Director is at the 95th 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Elizabeth Mackenzie Pontarelli$124,250$114,558
Elizabeth Mackenzie Pontarelli$112,250$112,250$106,521$112,050
Lauren Brown$40,000$33,846$40,000

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$501K · 81%
Contributions & grants$107K · 17%
Other revenue$10K · 2%
Program service revenue81%$501K
Contributions & grants17%$107K
Other revenue2%$10K
— government grantsLn 1e$40K
Total revenueLn 12$619K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.16 Fundraising $0.04
Program services80%$497K
Management & general16%$100K
Fundraising4%$26K
Total functional expensesLn 25$623K

Balance Sheet

Part X · end of year
CashLn 1$44K
Total assetsLn 16$80K
Total liabilitiesLn 26$0
Total net assetsLn 32$80K
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $44K · Operating expenses/yr $623K
0.9 months
Where the money goes
Program services
Program services $497K · Total expenses $623K
80%
Management & General
Management & general $100K · Total expenses $623K
16%
Fundraising
Fundraising $26K · Total expenses $623K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $27K · Solicited contributions (3-yr avg) $49K
$0.55 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $107K · Total revenue $619K
17%
Government reliance
Government grants $40K · Total revenue $619K
6%
Earned-income share
Program service revenue $501K · Total revenue $619K
81%
Investment reliance
Investment income $0 · Total revenue $619K
0%
Program self-sufficiency
Program service revenue $501K · Total expenses $623K
80%
Growth & trend
Revenue growth (YoY)
This year $619K · Prior year $585K
+6%
Net-asset trend (YoY)
End of year $80K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $619K · Expenses $623K
-0.7%
Liabilities-to-Assets
Total liabilities — · Total assets $80K
Net-asset ratio
Net assets $80K · Total assets $80K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $80K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elizabeth Mackenzie Pontarelli · Reported title ARTISTIC DIRECTOR · Highest reported compensation $112K · Total expenses $623K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $162K · Total expenses $623K
26%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 16%
Fundraising cost ratio 24%
Revenue growth 6%
Accounting fee ratio 4%

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
Total grants receivedfrom 1 funder$50K
Grants paid · 12 grants · $560K · 2019–2024
Unitemized GrantFY2024$107,738
Unitemized GrantFY2024$20,545
Unitemized GrantFY2023$84,238
Unitemized GrantFY2023$19,704
Unitemized GrantFY2022$67,327
Unitemized GrantFY2022$26,157
Unitemized GrantFY2021$61,113
Unitemized GrantFY2021$22,625
Unitemized GrantFY2020$67,506
Unitemized GrantFY2020$11,624
Unitemized GrantFY2019$54,915
Unitemized GrantFY2019$16,798

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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)$739K revenue · ⤓ 990 PDF
FY2024$630K revenue · ⤓ 990 PDF
FY2023$635K revenue · ⤓ 990 PDF
FY2022$619K revenue · viewing · ⤓ 990 PDF
FY2021$585K revenue · ⤓ 990 PDF
FY2020$557K 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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