Civic Intelligence

Ht Dance Company Inc

EIN 13-2968079 • 501(c)3 • New York, NY

Profile

H.T. Dance Company Inc./Chen Dance Center's programs and activities reflect its ongoing mission to provide moving experiences in Asian-American arts and contemporary dance through artistic creation, arts education, and presentation.

PO Box 777New York, NY 10108

www.chendancecenter.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

31st percentile

0.01x

Higher debt load relative to assets than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

40th percentile

0.04x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

48th percentile

$47,350

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 17.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

35th percentile

-1.2%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

15th percentile

-20%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,298,632

Down $15,585 (-1.2%) from 2024

Liabilities

Down

$9,856

Down $475 (-4.6%) from 2024

Net Assets

Down

$1,288,776

Down $15,110 (-1.2%) from 2024

Revenue

Down

$270,294

Down $69,339 (-20%) from 2024

Expenses

Up

$311,347

Up $35,388 (+13%) from 2024

Net Income

Down

-$41,053

Down $104,727 (-164%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $929,554Liabilities 2011: $9,820Net Assets 2011: $919,7342011Assets 2012: $921,103Liabilities 2012: $1,819Net Assets 2012: $919,2842012Assets 2013: $1,135,099Liabilities 2013: $12,138Net Assets 2013: $1,122,9612013Assets 2014: $963,948Liabilities 2014: $27,452Net Assets 2014: $936,4962014Assets 2015: $931,976Liabilities 2015: $17,372Net Assets 2015: $914,6042015Assets 2016: $744,922Liabilities 2016: $4,466Net Assets 2016: $740,4562016Assets 2017: $643,029Liabilities 2017: $12,535Net Assets 2017: $630,4942017Assets 2018: $693,587Liabilities 2018: $4,000Net Assets 2018: $689,5872018Assets 2019: $568,447Liabilities 2019: $6,505Net Assets 2019: $561,9422019Assets 2020: $867,711Liabilities 2020: $14,944Net Assets 2020: $852,7672020Assets 2021: $1,113,177Liabilities 2021: $11,021Net Assets 2021: $1,102,1562021Assets 2022: $1,177,792Liabilities 2022: $22,687Net Assets 2022: $1,155,1052022Assets 2023: $1,246,817Liabilities 2023: $7,931Net Assets 2023: $1,238,8862023Assets 2024: $1,314,217Liabilities 2024: $10,331Net Assets 2024: $1,303,8862024Assets 2025: $1,298,632Liabilities 2025: $9,856Net Assets 2025: $1,288,7762025

Highlighted filing

2025

Assets$1,298,632
Liabilities$9,856
Net Assets$1,288,776

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $593,974Expenses 2011: $496,376Net Income 2011: $97,5982011Revenue 2012: $384,554Expenses 2012: $385,004Net Income 2012: -$4502012Revenue 2013: $590,582Expenses 2013: $386,905Net Income 2013: $203,6772013Revenue 2014: $363,605Expenses 2014: $550,070Net Income 2014: -$186,4652014Revenue 2015: $445,047Expenses 2015: $466,939Net Income 2015: -$21,8922015Revenue 2016: $286,978Expenses 2016: $461,126Net Income 2016: -$174,1482016Revenue 2017: $326,608Expenses 2017: $436,570Net Income 2017: -$109,9622017Revenue 2018: $453,008Expenses 2018: $393,915Net Income 2018: $59,0932018Revenue 2019: $265,608Expenses 2019: $393,253Net Income 2019: -$127,6452019Revenue 2020: $646,015Expenses 2020: $355,190Net Income 2020: $290,8252020Revenue 2021: $475,444Expenses 2021: $226,055Net Income 2021: $249,3892021Revenue 2022: $309,396Expenses 2022: $256,447Net Income 2022: $52,9492022Revenue 2023: $298,327Expenses 2023: $214,546Net Income 2023: $83,7812023Revenue 2024: $339,633Expenses 2024: $275,959Net Income 2024: $63,6742024Revenue 2025: $270,294Expenses 2025: $311,347Net Income 2025: -$41,0532025

Highlighted filing

2025

Revenue$270,294
Expenses$311,347
Net Income-$41,053

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.01$1.29$0.27$0.31$0.04
2024Detailed filing. Detailed filing data is available for this year.$1.31$0.01$1.30$0.34$0.28$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.24$0.30$0.21$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.02$1.16$0.31$0.26$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.11$0.01$1.10$0.48$0.23$0.25
2020Detailed filing. Detailed filing data is available for this year.$0.87$0.01$0.85$0.65$0.36$0.29
2019Detailed filing. Detailed filing data is available for this year.$0.57$0.01$0.56$0.27$0.39$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.45$0.39$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.64$0.01$0.63$0.33$0.44$0.11
2016Summary only. Only limited summary data is available for this year.$0.74$0.00$0.74$0.29$0.46$0.17
2015Summary only. Only limited summary data is available for this year.$0.93$0.02$0.91$0.45$0.47$0.02
2014Summary only. Only limited summary data is available for this year.$0.96$0.03$0.94$0.36$0.55$0.19
2013Summary only. Only limited summary data is available for this year.$1.14$0.01$1.12$0.59$0.39$0.20
2012Summary only. Only limited summary data is available for this year.$0.92$0.00$0.92$0.38$0.39$0.00
2011Summary only. Only limited summary data is available for this year.$0.93$0.01$0.92$0.59$0.50$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 16, 2025
Return Version
2024v5.2
Gross Receipts
$270,294
Mission and Program Overview

Mission

H.t. Dance company, inc./chen dance centers programs and activities reflect its ongoing mission to provide moving experiences in asian-american arts and contemporary dance through artistic creation, arts education, and presentation.

H.T. Dance Company Inc./Chen Dance Center's programs and activities reflect its ongoing mission to provide moving experiences in Asian-American arts and contemporary dance through artistic creation, arts education, and presentation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$425,322$492,698▲ $67,376
Investments Other Securities$396,972$390,368▼ $6,604
Cash and Non-Interest-Bearing Accounts$345,378$257,431▼ $87,947
Pledges and Grants Receivable$106,731$114,625▲ $7,894
Prepaid Expenses and Deferred Charges$29,194$26,526▼ $2,668
Land, Buildings, and Equipment, Net$4,720$11,084▲ $6,364
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,314,217$1,298,632▼ $15,585
Other Assets Total$5,900$5,900→ $0
Liabilities
Accounts Payable and Accrued Expenses$10,331$7,356▼ $2,975
Deferred Revenue-$2,500-
Total Liabilities$10,331$9,856▼ $475
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,248,886$1,183,776▼ $65,110
Net Assets With Donor Restrictions$55,000$105,000▲ $50,000
Total Net Assets Fund Balance$1,303,886$1,288,776▼ $15,110
Total Liabilities and Net Assets / Fund Balance$1,314,217$1,298,632▼ $15,585

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,715$707$7,422
Other Land Buildings$4,369$2,575$6,944
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dian Dong ChenArtistic DirectorFT$42,340$5,010$47,350

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$199,985
Program Service Revenue
$34,282
Investment Income
$18,215
Other Revenue
$17,812
All Other Contributions
$139,645
Change in Net Assets
$-41,053

Audited Revenue Reconciliation

Revenue per Audited Statements
$270,294
Revenue Not Reported on Form 990
$25,943
Total Revenue per Audited Statements
$296,237
Total Revenue per Form 990
$270,294
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$186,337
Other Expenses$125,010
Total Fundraising Expense$1,511
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$109,823$5,073$780$115,676
Current Officers, Directors, Trustees, and Key Employees$48,392--$48,392
Fees for Services Other$25,935$5,249-$31,184
Occupancy$18,609$2,846$438$21,893
Travel$15,576--$15,576
Payroll Taxes$13,670$454$70$14,194
Other Employee Benefits$7,581$428$66$8,075
Fees for Services Accounting-$8,000-$8,000
Office Expenses-$4,490-$4,490
Advertising$3,832--$3,832
Insurance$2,775$425$65$3,265
Other Expenses$5,436$3,094$92$3,094
Depreciation Depletion-$2,557-$2,557
Total Functional Expenses$269,086$40,750$1,511$311,347

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$311,347
Total Expenses per Audited Statements$311,347
Total Expenses per Form 990$311,347
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
April Yeeli ChenOfficer DaughterSalaryNo$52,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

An initial review is conducted by the finance committee before it is submitted to the board. A final review and approval is done by the board of directors at which time the 990 is filed with the irs.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy governs the activities of the board and staff of h.t. Dance company, inc./chen dance center. It is the duty of all board members and staff to be aware of this policy, and to identify conflicts of interest and situations that may result in the appearance of a conflict and to disclose those situations/conflicts/or potential conflicts to (1) the employee's supervisor, (2) the artistic director, (3) the board chair or (4) the compliance officer, or other designated person, as appropriate.board members and senior staff will annually disclose and promptly update any disclosures previously made on an annual conflict disclosure questionnaire form provided by the organization that requests them to identify their interests that could give rise to conflicts of interest, sucah as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members as well as other nonprofit organizations.board and staff are also urged to disclose conflicts as they arise as well as to disclose those situations that are evolving that may result in a conflict of interest. Advance disclosure must occur so that a determination may be made as the appropriate plan of action to manage the conflict.staff should disclose to their supervisor/artistic director and board members should disclose to the board chair as soon as the person with the conflict is aware of the conflict/potential conflict or appearance of a conflict exists.for each interest disclosed, the full board, or the executive director, or the board chair, as appropriate, will determine whether the organization should: (a) take no action or (b) disclose the situation more broadly and invite discussion/resolution by the full board of what action to take, or (c) refrain from taking action and otherwise avoid the conflict.the board chair/executive director will monitor proposed or ongoing transactions of the organization (e.g. Contracts with vendors and collaborations with third parties) for conflicts of interest and disclose them to the board and staff, as appropriate, whether discovered before or after the transaction has occurred.

Form 990, Part VI, Section B, Line 15A

All salaries will be consistent with salaries of new york city nonprofit organizations of similar size and scope of work. The board of directors is consulted and informed of any salary adjustments.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available for public inspection in organization's office upon request.

Filing and Contact Details

Filer

Filer Name
Ht Dance Company Inc
EIN
13-2968079
Phone
2123490136
Address
PO BOX 777, NEW YORK, NY 10108

Signing Officer

Name
Dian Dong Chen
Title
Artistic Director
Signed
2025-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dian Dong Chen
Formed
1978
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
13
Volunteers
14

Preparer

Firm
Mary G Sormeley CPA
Address
560 Day Ave, Ridgefield, NJ 07657
Preparer
Mary G Sormeley
Phone
2018328922
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

H.T. Dance Company, Inc. is a not-for-profit organization, exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and has been designated as an organization which is not a private foundation. Management has evaluated all income tax positions and concluded that no disclosures relating to uncertain tax positions are required in the financial statements.

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IRS990/ProgSrvcAccomActy2Grp/Desc0ARTS EDUCATION - The company provides educational performances and follow-up workshops to citywide schools, colleges and community centers in New York City, as well as on tour nationally. Its K-12 dance curriculum titled Into the Heart of Chinatown-Hidden Voices was created for the NYC DOE is presented citywide and is available to schools nationwide on the DOE website. HTDCs Early Childhood Dance program, now in its 20th season, provides 200 Chinatown students a week with early childhood dance classes.
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