Danceast Collective EIN 87-1361252 Form 990 (PDF) Claim this org

Danceast Collective FY2024 filing

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Offers dance education, creation, performance, and engagement for students, artists, and audiences. For fiscal year 2024 it reported $366K in revenue, $311K in expenses.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Nashville, TN
Website
danceast.org
Filings
4 on file (2022–2024)
Revenue
$366KFY2024
Expenses
$311K
Net assets
$0
People
10
Filings
4
Updates
0
More identity details & actions ⌄
EIN  87-1361252 Public charity (501(c)(3)) Nashville, TN
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers dance education, creation, performance, and engagement for students, artists, and audiences.
Leadership
Chelsea Norman · Board Chair
Money in and out
$366K revenue, $311K expenses
Bottom line
87% program efficiency
Where the money goes · FY2024
Total revenue
$366K
Pt VIII · Ln 12
Total expenses
$311K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $55K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13
Program efficiency
87%
of spending reaches programs
Surplus margin
+15%
revenue over expenses, this year
Donor-funded
20%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$366K
FY2024▲ +85%
Expenses
$311K
FY2024
Total assets
$0
FY2024
Total liabilities
$0
FY2024
Total revenue
$366K
Pt VIII · Ln 12
Total expenses
$311K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$55K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $189K of program spending, described in the organization's own filed words · FY2023.
01

DancEast Collective Youth. We were highly successful in achieving the goals for our youth programming in FY24. DancEast Collective served 63 youth between the ages of 8 and 18 in the DancEast Studio. We served an additional 28 youth in that age range in Metro Nashville Public Schools.

$139Kprogram expense
02

Dance for Every Body. DancEast Collective is committed to making dance accessible to students, artists, and audiences. The Dance for Every Body project was centered around the portion of our mission that seeks to offer highly-accessible, community-based dance programs.

$31Kprogram expense
03

DancEast Company. Being able to pay competitive wages to dancers is an incredibly important part of our mission. The fact that 3 of the 6 dancers in the company are Latine (1 born in Cuba and another in Mexico) is something of which we are quite proud.

$20Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDanceast Collective
EINHdr · item D87-1361252
Principal addressHdr · item CNashville, TN
WebsiteHdr · item Jdanceast.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A60)
Ruling yearIRS BMFNov 2021

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 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Board Chair
$0Pt 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
Board Member
$0Pt VII · Sec A
Founder and Executive Director
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Lauren Melancon’s $45K as Education Director is at the 39th 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 · 4 named individuals · Part VII

NameFY2025FY2023FY2022
Lauren Melancon$45,000$9,925
Elizabeth Wilkinson$30,000$30,000$25,399
Emily Masters$1$24,828
Lara Kennedy$24,000

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$279K · 76%
Contributions & grants$72K · 20%
Other revenue$15K · 4%
Program service revenue76%$279K
Contributions & grants20%$72K
Other revenue4%$15K
— government grantsLn 1e$64K
Total revenueLn 12$366K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$270K
Management & general13%$41K
Total functional expensesLn 25$311K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $311K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $270K · Total expenses $311K
87%
Management & General
Management & general $41K · Total expenses $311K
13%
Fundraising
Fundraising $0 · Total expenses $311K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $7K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $72K · Total revenue $366K
20%
Government reliance
Government grants $64K · Total revenue $366K
18%
Earned-income share
Program service revenue $279K · Total revenue $366K
76%
Investment reliance
Investment income $0 · Total revenue $366K
0%
Program self-sufficiency
Program service revenue $279K · Total expenses $311K
90%
Growth & trend
Revenue growth (YoY)
This year $366K · Prior year $198K
+85%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $366K · Expenses $311K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Chelsea Norman · Reported title Board Chair · Highest reported compensation $0 · Total expenses $311K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $185K · Total expenses $311K
59%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Fundraising cost ratio 0%
Revenue growth 85%

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 1 funder$2K

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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)$334K revenue · ⤓ 990 PDF
FY2024$366K revenue · viewing · ⤓ 990 PDF
FY2023$198K revenue · ⤓ 990 PDF
FY2022$192K 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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