The organization provides art education and awareness by teaching youths the art of ballet, as well as other dance skills, and connects members of the Long Island community through dance.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$88K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · 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
1 of 3
filings with a surplus
Average deficit $680 a year · under 1% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$88K
to officers and key staff · 44% of spending
Concern: pay to officers and key staff is 44% of spending; over 30%.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$26K
286% of total assets
Concern: liabilities are 286% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 5 voting members
Looks good: 3 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$204K
+14% vs prior year
Spent
$200K
To programs
93%
Net assets
−$17K
By yearFY2020–FY2025
Revenue
$204K
FY2023▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$127K
FY2021$148K
FY2022$180K
FY2023$204K
FY2024$202K
FY2025$265K
Expenses
$200K
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022Not on file
FY2023$200K
FY2024$205K
FY2025$269K
Net assets
−$17K
FY2023▼ -853%
Tap a bar for its year
Net assets by fiscal year
FY2020−$1K
FY2021$2K
FY2022$2K
FY2023−$17K
FY2024−$16K
FY2025−$21K

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2018.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $185K Management & general 7% · $15K

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

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Who runs it and what they're paid

5 people listed on the 990; $88K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$55,100Pt VII · Sec A
$32,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Yaroslav Fadeyev’s $57K as President is at the 51st 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Juliana Fadeyev$56,500$61,000$55,100$52,860$40,062$30,500
Yaroslav Fadeyev$57,000$28,600$32,500$40,000$58,602$35,695

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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Teaches youth ballet and dance, connecting the community through artistic expression.

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Provided by the organization

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2 programs · $185K · in their own filed words · FY2022
01

The organization teaches the art of ballet and other dance skills to youths ages 4 to 18, while alos having the focus of connecting the surrounding Long Island community through the art of dance.

$131Kprogram expense
02

The organization is dedicated to introducing underserved communities to live performances by giving them free tickets to ballets and musicals. The goal is to inspire and nurture a connection to the performing arts.

$54Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$1K
Grants paid · 1 grant · $7K · 2024–2024
Unitemized GrantFY2024$6,700

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$204K
Ln 12
Fees for servicesLn 2g$203K
Gifts and grantsLn 1h$2K
Money outPt IX
$200K
Ln 25
Programscol B$185K
Managementcol C$15K
Owns and owesPt X
−$17K
net assets · Ln 32
Cash and savingsLn 1–2$9K
Total assetsLn 16$9K
LiabilitiesLn 26$26K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2K
Fees for servicesLn 2g$203K
Total revenueLn 12$204K
Assets in detailPt X, end of year
CashLn 1$9K
Cash and savings togetherLn 1–2$9K
Total assetsLn 16$9K
LiabilitiesLn 26$26K
Net assetsLn 32−$17K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$2K$9K
Total assetsLn 16$2K$9K
LiabilitiesLn 26$0$26K
Net assetsLn 32$2K−$17K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$3K$3K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$88K$79K$9K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$29K$26K$3K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$1K$1K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$2K$2K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$6K$4K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$54K$54K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$399$399
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$13K$13K
All other expensesLn 24e$0
Total functional expensesLn 25$200K$185K$15K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $265K$269K−$3K−$21K 990 PDF
FY2024 $202K$205K−$3K−$16K 990 PDF
FY2023 Viewing $204K$200K$5K−$17K 990 PDF
FY2022 $180K$2K 990 PDF
FY2021 $148K$2K 990 PDF
FY2020 $127K−$1K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $204,470 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,484$1,738
I-9 Program service revenuePrior year $172,161$202,732
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $179,645$204,470
I-13 Grants and similar amounts paid$2,850
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $118,143$116,250
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $61,086$80,719
I-18 Total expensesPrior year $179,229$199,819
I-19 Revenue less expensesPrior year $416$4,651
Part VI · Governance 3 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $204,470 across 4 lines filed
VIII-1f All other contributions, gifts and grants$1,738
VIII-1h Total contributions, gifts and grants$1,738
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $202,732$202,732
VIII-12 Total revenueRelated to mission $202,732$204,470
Part IX · Statement of functional expenses $199,819 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $2,850$2,850
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $78,840 · Management $8,760$87,600
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $25,785 · Management $2,865$28,650
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $1,150$1,150
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $1,956$1,956
IX-12 Advertising and promotionPrograms $4,238$4,238
IX-13 Office expensesPrograms $4,399 · Management $1,625$6,024
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $54,299$54,299
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $399$399
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $12,653$12,653
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $185,020 · Management $14,799 · Fundraising $0$199,819
Part X · Balance sheet $9,122 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $2,259$9,122
X-16 Total assetsStart of year $2,259$9,122
X-24 Unsecured notes and loans payable$26,132
X-26 Total liabilitiesStart of year $0$26,132
X-27 Net assets without donor restrictionsStart of year $2,259−$17,010
X-32 Total net assets or fund balancesStart of year $2,259−$17,010
X-33 Total liabilities and net assetsStart of year $2,259$9,122
Part XI · Reconciliation of net assets −$17,010 net assets at year end
XI-1 Total revenue$204,470
XI-2 Total expenses$199,819
XI-3 Revenue less expenses$4,651
XI-4 Net assets at start of year$2,259
XI-8 Prior period adjustments−$23,920
XI-10 Net assets at end of year−$17,010

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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