Broomfield Dance INC FY2021 filing

Broomfield, COUnknown exempt organizationEIN 84-1506596Revenue $267K in FY2021

On file with the IRSdanceartsstudio.org555 Burbank St N · Broomfield, CO

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Dance education & exposure to the arts

77¢ of each $1 spent went to programs.
$50K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
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 5
filings with a surplus
Average deficit $18K a year · 7% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$50K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$13K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 7 voting members
Looks good: 4 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$267K
Spent
$241K
To programs
77%
Net assets
$113K
By yearFY2021–FY2025
Revenue
$267K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$267K
FY2022$273K
FY2023$320K
FY2024$282K
FY2025$231K
Expenses
$241K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$241K
FY2022$285K
FY2023$323K
FY2024$329K
FY2025$288K
Net assets
$113K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$113K
FY2022$100K
FY2023$99K
FY2024$56K
FY2025$0

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 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 Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $184K Management & general 2% · $6K

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

7 people listed on the 990; $50K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Art Director
$30,604Pt VII · Sec A
Bookkeeper
$15,714Pt VII · Sec A
Board Member
$4,059Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Heidi Thomas$41,164$40,403$44,220$31,356$30,604
Cathy Johnson$21,200$19,430$22,860$16,728$15,714
Aubrey Carlson$4,465$7,965$10,925$1,870—
Steve Fuhrman————$4,059

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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides dance education and exposure to the arts for all.

Questions for Broomfield Dance INC

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Provided by the organization

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1 program · $28K · in their own filed words · FY2020
01

The organization provided dance education for 83 students in 7 areas of dance.

$28Kprogram 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
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$267K
Ln 12
Fees for servicesLn 2g$211K
Gifts and grantsLn 1h$31K
Other incomeLn 4–11$26K
Money outPt IX
$241K
Ln 25
Programscol B$184K
Managementcol C$6K
Owns and owesPt X
$113K
net assets · Ln 32
Cash and savingsLn 1–2$120K
Total assetsLn 16$126K
LiabilitiesLn 26$13K
PeoplePt VI, VII
7
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$31K
Fundraising eventsLn 1c$27K
Fees for servicesLn 2g$211K
Investment incomeLn 3$39
Other incomeLn 4–11$26K
Total revenueLn 12$267K
Assets in detailPt X, end of year
CashLn 1$120K
Cash and savings togetherLn 1–2$120K
Land, buildings, equipmentLn 10c$2K
Other assetsLn 15$4K
Total assetsLn 16$126K
LiabilitiesLn 26$13K
Net assetsLn 32$113K
OperationsPt I, VI
EmployeesI 59
VolunteersI 64
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$114K$120K
Land, buildings, equipmentLn 10c$6K$2K
Total assetsLn 16$124K$126K
LiabilitiesLn 26$38K$13K
Net assetsLn 32$86K$113K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$50K
Other salaries and wagesLn 7$53K$53K
Payroll taxesLn 10$9K$8K$1K
Accounting feesLn 11c$2K$2K
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$15K$15K
Information technologyLn 14$2K$2K
OccupancyLn 16$68K$68K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$28K$28K
Total functional expensesLn 25$241K$184K$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $231K$288K−$56K$0 990 PDF
FY2024 $282K$329K−$46K$56K 990 PDF
FY2023 $320K$323K−$3K$99K 990 PDF
FY2022 $273K$285K−$11K$100K 990 PDF
FY2021 Viewing $267K$241K$27K$113K 990 PDF

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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 FY2021 990 (6 parts)
Part I · Summary $267,477 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $26,525$31,075
I-9 Program service revenuePrior year $201,063$210,843
I-10 Investment income$39
I-11 Other revenuePrior year $15,611$25,520
I-12 Total revenuePrior year $243,199$267,477
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $102,052$112,924
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $125,613$127,867
I-18 Total expensesPrior year $227,665$240,791
I-19 Revenue less expensesPrior year $15,534$26,686
Part VI · Governance 4 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $267,477 across 8 lines filed
VIII-1c Fundraising events$27,116
VIII-1f All other contributions, gifts and grants$31,075
VIII-1h Total contributions, gifts and grants$31,075
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $210,843$210,843
VIII-3 Investment incomeRelated to mission $39$39
VIII-8 Net income from fundraising events$24,643
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $877$877
VIII-12 Total revenueRelated to mission $211,759$267,477
Part IX · Statement of functional expenses $240,791 across 11 lines filed
IX-5 Pay of current officers, directors and key staff$50,377
IX-7 Other salaries and wagesPrograms $53,373$53,373
IX-10 Payroll taxesPrograms $7,972 · Management $1,202$9,174
IX-11c Accounting feesManagement $2,278$2,278
IX-12 Advertising and promotionPrograms $6,647$6,647
IX-13 Office expensesPrograms $14,534$14,534
IX-14 Information technologyPrograms $1,818$1,818
IX-16 OccupancyPrograms $67,743$67,743
IX-22 Depreciation, depletion and amortizationPrograms $4,155$4,155
IX-23 InsuranceManagement $2,508$2,508
IX-24 Other expenses (24a–d)Programs $28,184$28,184
IX-25 Total functional expensesPrograms $184,426 · Management $5,988 · Fundraising $0$240,791
Part X · Balance sheet $126,179 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $113,914$119,886
X-10c Land, buildings and equipment, netStart of year $6,332$2,177
X-15 Other assetsStart of year $4,116$4,116
X-16 Total assetsStart of year $124,362$126,179
X-17 Accounts payable and accrued expensesStart of year $4,219$4,220
X-19 Deferred revenueStart of year $12,758$8,866
X-26 Total liabilitiesStart of year $37,955$13,086
X-32 Total net assets or fund balancesStart of year $86,407$113,093
X-33 Total liabilities and net assetsStart of year $124,362$126,179
Part XI · Reconciliation of net assets $113,093 net assets at year end
XI-1 Total revenue$267,477
XI-2 Total expenses$240,791
XI-3 Revenue less expenses$26,686
XI-4 Net assets at start of year$86,407
XI-10 Net assets at end of year$113,093

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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