Latsky Dance INC EIN 46-5324327 Form 990 (PDF) Claim this org

Latsky Dance INC

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Provides free legal aid and advocacy for low-income individuals and families. For fiscal year 2024 it reported $187K in revenue, $202K in expenses, and $172K in net assets.Pt I

Founded
2014
Type
Public charity (501(c)(3)) · Arts & Culture
Location
New York, NY
Website
heidilatskydance.org
Filings
5 on file (2020–2024)
Revenue
$187KFY2024
Expenses
$202K
Net assets
$172K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-5324327 Public charity (501(c)(3)) New York, NY Founded 2014
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides free legal aid and advocacy for low-income individuals and families.
Leadership
Heidi Latsky · Treasurer · $66K
Money in and out
$187K revenue, $202K expenses
Bottom line
66% program efficiency
Where the money goes · FY2024
Total revenue
$187K
Pt VIII · Ln 12
Total expenses
$202K
Pt IX · Ln 25
Net assets
$172K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$15K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.26 Fundraising $0.08
Program efficiency
66%
of spending reaches programs▲ +11% vs prior filing year
Operating runway
9.7mo
months of highly liquid reserves at operating expense rate▲ +10% vs prior filing year
Surplus margin
-8%
revenue over expenses, this year▲ +83% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$187K
FY2024▲ +5%
Expenses
$202K
FY2024▼ -22%
Total assets
$182K
FY2024▼ -13%
Total liabilities
$11K
FY2024▼ -51%
Total revenue
$187K
Pt VIII · Ln 12
Total expenses
$202K
Pt IX · Ln 25
Net assets
$172K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$15K
Total assetsPt X · Ln 16$182K
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLatsky Dance INC
EINHdr · item D46-5324327
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jheidilatskydance.org
Year of formationHdr · item L2014
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A62)
Ruling yearIRS BMFSep 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$65,833Pt VII · Sec A
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Cochairpres
$0Pt VII · Sec A
Cochairpres
$0Pt VII · Sec A

Heidi Latsky’s $66K as Treasurer is at the 61st 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.

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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Heidi Latsky$65,833$60,000$63,500$60,000$59,400
Heidi Latsky$53,602

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

2 program services account for $133K of program spending, described in the organization's own filed words · FY2024.
01

FY25 featured a variety of presentations of What is Essential and Who Am I Know at Krannert Center for the Performing Arts at The University of Illinois, Rutgers University, NYU Tisch School of the Arts, Boston Architectural College, The University of Rochester, and Hofstra University.

$133Kprogram expense
02

As part of our social initiative ON DISPLAY GLOBAL was presented at the United Nations, Tisch School of the Arts, New York University, and the Manhattan JCC in December 2024. In early 2024, Artistic Director and Founder, Heidi Latsky, recently experienced a major life change.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$153K · 82%
Program service revenue$31K · 17%
Investment income$3K · 1%
Contributions & grants82%$153K
Program service revenue17%$31K
Investment income1%$3K
— government grantsLn 1e$75K
Total revenueLn 12$187K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.26 Fundraising $0.08
Program services66%$133K
Management & general26%$52K
Fundraising8%$17K
Total functional expensesLn 25$202K

Balance Sheet

Part X · end of year
CashLn 1$163K
Total assetsLn 16$182K
Total liabilitiesLn 26$11K
Total net assetsLn 32$172K
Months of cash on handcomputed9.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $163K · Operating expenses/yr $202K
9.7 months
Where the money goes
Program services
Program services $133K · Total expenses $202K
66%
Management & General
Management & general $52K · Total expenses $202K
26%
Fundraising
Fundraising $17K · Total expenses $202K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $30K · Solicited contributions (3-yr avg) $97K
$0.31 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $153K · Total revenue $187K
82%
Government reliance
Government grants $75K · Total revenue $187K
40%
Earned-income share
Program service revenue $31K · Total revenue $187K
17%
Investment reliance
Investment income $3K · Total revenue $187K
+1%
Program self-sufficiency
Program service revenue $31K · Total expenses $202K
16%
Growth & trend
Revenue growth (YoY)
This year $187K · Prior year $177K
+5%
Revenue CAGR
FY2019 $214K · FY2024 $187K
-3%
Net-asset trend (YoY)
End of year $172K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $187K · Expenses $202K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $182K
Net-asset ratio
Net assets $172K · Total assets $182K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $182K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Heidi Latsky · Reported title TREASURER · Highest reported compensation $66K · Total expenses $202K
33%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $172K · Total expenses $202K
85%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 26%
Fundraising cost ratio 11%
Revenue growth 5%

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
Total grants receivedfrom 2 funders$27K

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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$177K revenue · ⤓ 990 PDF
FY2023$324K revenue · ⤓ 990 PDF
FY2022$224K revenue · ⤓ 990 PDF
FY2021$242K revenue · ⤓ 990 PDF
FY2020$214K 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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