Civic Intelligence

The New Dance Complex Inc

990 • Fiscal year 2022 • EIN 04-3131964

Jul 01, 2021 to Jun 30, 2022 • Filed on May 12, 2023

536 Massachusetts AvenueCambridge, MA 02139

(617) 547-9363

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.42x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

81st percentile

0.52x

Higher debt load relative to revenue than 81% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

80th percentile

30%

Higher net margin than 80% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

65th percentile

$92,500

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

78th percentile

22%

Faster asset growth than 78% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

73rd percentile

29%

Faster revenue growth than 73% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,285,699

Up $233,586 (+22%) from 2021

Net Assets

Up

$741,245

Up $318,105 (+75%) from 2021

Liabilities

Down

$544,454

Down $84,519 (-13%) from 2021

Revenue

Up

$1,044,408

Up $235,708 (+29%) from 2021

Expenses

Up

$726,303

Up $19,622 (+2.8%) from 2021

Net Income

Up

$318,105

Up $216,086 (+212%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $848,382Liabilities 2011: $506,003Net Assets 2011: $342,3792011Assets 2012: $831,397Liabilities 2012: $466,838Net Assets 2012: $364,5592012Assets 2013: $814,765Liabilities 2013: $434,504Net Assets 2013: $380,2612013Assets 2014: $788,515Liabilities 2014: $434,382Net Assets 2014: $354,1332014Assets 2015: $788,107Liabilities 2015: $476,278Net Assets 2015: $311,8292015Assets 2016: $1,337,879Liabilities 2016: $629,461Net Assets 2016: $708,4182016Assets 2017: $1,105,992Liabilities 2017: $623,446Net Assets 2017: $482,5462017Assets 2018: $943,767Liabilities 2018: $589,665Net Assets 2018: $354,1022018Assets 2019: $867,554Liabilities 2019: $582,898Net Assets 2019: $284,6562019Assets 2020: $975,473Liabilities 2020: $654,352Net Assets 2020: $321,1212020Assets 2021: $1,052,113Liabilities 2021: $628,973Net Assets 2021: $423,1402021Assets 2022: $1,285,699Liabilities 2022: $544,454Net Assets 2022: $741,2452022Assets 2023: $1,353,317Liabilities 2023: $515,978Net Assets 2023: $837,3392023Assets 2024: $1,504,909Liabilities 2024: $484,687Net Assets 2024: $1,020,2222024

Highlighted filing

2022

Assets$1,285,699
Liabilities$544,454
Net Assets$741,245

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $294,161Expenses 2011: $208,871Net Income 2011: $85,2902011Revenue 2012: $257,183Expenses 2012: $235,003Net Income 2012: $22,1802012Revenue 2013: $235,371Expenses 2013: $219,669Net Income 2013: $15,7022013Revenue 2014: $247,407Expenses 2014: $273,535Net Income 2014: -$26,1282014Revenue 2015: $376,905Expenses 2015: $419,209Net Income 2015: -$42,3042015Revenue 2016: $975,977Expenses 2016: $579,388Net Income 2016: $396,5892016Revenue 2017: $643,876Expenses 2017: $869,748Net Income 2017: -$225,8722017Revenue 2018: $632,020Expenses 2018: $760,464Net Income 2018: -$128,4442018Revenue 2019: $844,194Expenses 2019: $913,640Net Income 2019: -$69,4462019Revenue 2020: $816,537Expenses 2020: $780,072Net Income 2020: $36,4652020Revenue 2021: $808,700Expenses 2021: $706,681Net Income 2021: $102,0192021Revenue 2022: $1,044,408Expenses 2022: $726,303Net Income 2022: $318,1052022Revenue 2023: $936,342Expenses 2023: $840,246Net Income 2023: $96,0962023Revenue 2024: $1,109,150Expenses 2024: $926,246Net Income 2024: $182,9042024

Highlighted filing

2022

Revenue$1,044,408
Expenses$726,303
Net Income$318,105
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.0
Gross Receipts
$1,083,989
Mission and Program Overview

Mission

Administrating a dance center for community and educational purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$552,966$630,793▲ $77,827
Cash and Non-Interest-Bearing Accounts$174,089$316,609▲ $142,520
Savings and Temporary Cash Investments$319,547$296,754▼ $22,793
Accounts Receivable$1,580$38,408▲ $36,828
Prepaid Expenses and Deferred Charges$3,931$3,135▼ $796
Total Assets$1,052,113$1,285,699▲ $233,586
Liabilities
Other Liabilities$622,839$510,160▼ $112,679
Accounts Payable and Accrued Expenses$6,134$34,294▲ $28,160
Total Liabilities$628,973$544,454▼ $84,519
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$387,610$705,715▲ $318,105
Net Assets With Donor Restrictions$35,530$35,530→ $0
Total Net Assets Fund Balance$423,140$741,245▲ $318,105
Total Liabilities and Net Assets / Fund Balance$1,052,113$1,285,699▲ $233,586

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$383,760$1,133,984$1,517,744
Leasehold Improvements$244,491$281,355$525,846
Equipment$2,542$3,517$6,059
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peter DimuroExecutive DiFT$92,500$92,500

Board Members and Trustees

NameTitle
Andrew CornellChair/direct
Mary MccarthyCo-president
Renee StaceyCo-president
Adrienne PetrilloDirector
Peter R ChandlerDirector
Holly CraryAsst Clerk/d
Ann Brown AllenClerk
Jim StilesTreasurer/di
Revenue and Support

Revenue Composition

Contributions and Grants
$549,491
Program Service Revenue
$451,494
Investment Income
$504
Other Revenue
$42,919
All Other Contributions
$377,756
Change in Net Assets
$318,105

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,044,408
Total Revenue per Audited Statements
$1,044,408
Total Revenue per Form 990
$1,044,408
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$536,350
Salaries, Compensation, and Employee Benefits$189,953
Total Fundraising Expense$39,212
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$53,733$25,521$13,246$92,500
Other Salaries and Wages$66,170$7,787$4,042$77,999
Depreciation Depletion$54,096--$54,096
Other Expenses$48,764$19,144$11,334$48,764
All Other Expenses$39,767$4,319$2,557$46,643
Insurance$45,674--$45,674
Office Expenses$13,332$5,493$3,252$22,077
Interest$15,536--$15,536
Payroll Taxes$7,986$3,793$1,969$13,748
Fees for Services Accounting$6,260$2,579$1,527$10,366
Fees for Services Other$6,916$790$468$8,174
Travel$6,175--$6,175
Pension Plan Contributions$3,315$1,574$817$5,706
Advertising$4,011--$4,011
Total Functional Expenses$616,091$71,000$39,212$726,303

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$726,303
Total Expenses per Audited Statements$726,303
Total Expenses per Form 990$726,303
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mortgage Payable - Lt$473,714
Mortgage Payable-st$17,576
Security Deposits$15,890
Deferred Revenue$2,980
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization's independant accountants prepare form 990 and provide the organization with draft version. The organization reviews the form 990 and approves it before the return is filed.

Form 990, Page 6, Part VI, Line 19

The organization maked all governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The New Dance Complex Inc
EIN
04-3131964
Phone
6175479363
Address
536 MASSACHUSETTS AVENUE, CAMBRIDGE, MA 02139
Doing Business As
The Dance Complex

Signing Officer

Name
Peter Dimuro
Title
Executive Director
Phone
6175479363
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Dimuro
Formed
1991
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
5

Preparer

Firm
Robert G Rice Pc
Address
196 BOSTON AVE STE 2000, MEDFORD, MA 02155-4252
Preparer
Robert G Rice Pc
Phone
7813962600
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 22,784
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0549491
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0496736
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0415885
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0354764
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0166243
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01983119
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0504
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01224
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01824
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01826
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02259
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07637
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02005703
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0828
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02878
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt019078
IRS990ScheduleA/OtherIncome170Grp/TotalAmt022784
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92880
IRS990ScheduleA/PublicSupportPY170Pct00.92840
IRS990ScheduleA/PublicSupportTotal170Amt01983119
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0549491
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0496736
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0415885
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0354764
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0166243
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01983119
IRS990ScheduleA/TotalSupportAmt02135156
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt041919
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt016532
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt021786
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt022426
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt018953
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0121616
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02542
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03517
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06059
IRS990ScheduleD/ExpensesSubtotalAmt0726303
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0244491
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0281355
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0525846
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0383760
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01133984
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01517744
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0473714
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117576
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt215890
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32980
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGE PAYABLE - LT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MORTGAGE PAYABLE-ST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED REVENUE
IRS990ScheduleD/RevenueSubtotalAmt01044408
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0630793
IRS990ScheduleD/TotalExpensesPerForm990Amt0726303
IRS990ScheduleD/TotalLiabilityAmt0510160
IRS990ScheduleD/TotalRevenuePerForm990Amt01044408
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01044408
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0726303
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S INDEPENDANT ACCOUNTANTS PREPARE FORM 990 AND PROVIDE THE ORGANIZATION WITH DRAFT VERSION. THE ORGANIZATION REVIEWS THE FORM 990 AND APPROVES IT BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKED ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01052113
IRS990/TotalAssetsEOYAmt01285699
IRS990/TotalAssetsGrp/BOYAmt01052113
IRS990/TotalAssetsGrp/EOYAmt01285699
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0549491
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt039212
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt071000
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0616091
IRS990/TotalFunctionalExpensesGrp/TotalAmt0726303
IRS990/TotalGrossUBIAmt042919
IRS990/TotalLiabilitiesBOYAmt0628973
IRS990/TotalLiabilitiesEOYAmt0544454
IRS990/TotalLiabilitiesGrp/BOYAmt0628973
IRS990/TotalLiabilitiesGrp/EOYAmt0544454
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0423140
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0741245
IRS990/TotalProgramServiceExpensesAmt0616091
IRS990/TotalProgramServiceRevenueAmt0451494
IRS990/TotalReportableCompFromOrgAmt092500
IRS990/TotalRevenueGrp/ExclusionAmt0504
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0451494
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01044408
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt042919
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01052113
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01285699
IRS990/TravelGrp/ProgramServicesAmt06175
IRS990/TravelGrp/TotalAmt06175
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0536 MASSACHUSETTS AVE
IRS990/USAddress/CityNm0CAMBRIDGE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002139
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.DANCECOMPLEX.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER DIMURO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06175479363
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE NEW DANCE COMPLEX INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWD
ReturnHeader/Filer/EIN0043131964
ReturnHeader/Filer/PhoneNum06175479363

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.50$0.48$1.02$1.11$0.93$0.18
2023Detailed filing. Detailed filing data is available for this year.$1.35$0.52$0.84$0.94$0.84$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.29$0.54$0.74$1.04$0.73$0.32
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.63$0.42$0.81$0.71$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.98$0.65$0.32$0.82$0.78$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.87$0.58$0.28$0.84$0.91$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.94$0.59$0.35$0.63$0.76$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.11$0.62$0.48$0.64$0.87$0.23
2016Detailed filing. Detailed filing data is available for this year.$1.34$0.63$0.71$0.98$0.58$0.40
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.48$0.31$0.38$0.42$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.43$0.35$0.25$0.27$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.43$0.38$0.24$0.22$0.02
2012Summary only. Only limited summary data is available for this year.$0.83$0.47$0.36$0.26$0.24$0.02
2011Summary only. Only limited summary data is available for this year.$0.85$0.51$0.34$0.29$0.21$0.09