Civic Intelligence

Gina Gibney Dance Inc.

990 • Fiscal year 2016 • EIN 13-3623815

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 17, 2017

890 Broadway 5th FloorNew York, NY 10003

(212) 677-8560

Siviq Scores

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

Liabilities / Assets

78th percentile

0.32x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.28x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Net Margin

27th percentile

-6.8%

Higher net margin than 27% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

72nd percentile

$100,417

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Asset Growth

35th percentile

-1.8%

Faster asset growth than 35% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

47th percentile

-0.1%

Faster revenue growth than 47% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$3,911,040

Down $71,924 (-1.8%) from 2015

Net Assets

Down

$2,678,512

Down $296,984 (-10.0%) from 2015

Liabilities

Up

$1,232,528

Up $225,060 (+22%) from 2015

Revenue

Down

$4,406,880

Down $2,358 (-0.1%) from 2015

Expenses

Up

$4,707,096

Up $357,312 (+8.2%) from 2015

Net Income

Down

-$300,216

Down $359,670 (-605%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $260,483Liabilities 2011: $162,933Net Assets 2011: $97,5502011Assets 2012: $475,914Liabilities 2012: $113,903Net Assets 2012: $362,0112012Assets 2013: $575,123Liabilities 2013: $67,740Net Assets 2013: $507,3832013Assets 2014: $3,926,548Liabilities 2014: $1,010,506Net Assets 2014: $2,916,0422014Assets 2015: $3,982,964Liabilities 2015: $1,007,468Net Assets 2015: $2,975,4962015Assets 2016: $3,911,040Liabilities 2016: $1,232,528Net Assets 2016: $2,678,5122016Assets 2017: $4,670,542Liabilities 2017: $1,409,137Net Assets 2017: $3,261,4052017Assets 2018: $9,071,553Liabilities 2018: $4,533,244Net Assets 2018: $4,538,3092018Assets 2019: $8,888,046Liabilities 2019: $3,998,289Net Assets 2019: $4,889,7572019Assets 2020: $10,520,411Liabilities 2020: $4,846,926Net Assets 2020: $5,673,4852020Assets 2021: $10,734,947Liabilities 2021: $4,094,843Net Assets 2021: $6,640,1042021Assets 2022: $10,706,486Liabilities 2022: $2,761,694Net Assets 2022: $7,944,7922022Assets 2023: $18,931,553Liabilities 2023: $15,529,846Net Assets 2023: $3,401,7072023Assets 2024: $16,303,797Liabilities 2024: $14,820,341Net Assets 2024: $1,483,4562024

Highlighted filing

2016

Assets$3,911,040
Liabilities$1,232,528
Net Assets$2,678,512

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $532,348Expenses 2011: $424,509Net Income 2011: $107,8392011Revenue 2012: $1,166,992Expenses 2012: $902,531Net Income 2012: $264,4612012Revenue 2013: $1,373,315Expenses 2013: $1,227,943Net Income 2013: $145,3722013Revenue 2014: $5,187,861Expenses 2014: $2,779,202Net Income 2014: $2,408,6592014Revenue 2015: $4,409,238Expenses 2015: $4,349,784Net Income 2015: $59,4542015Revenue 2016: $4,406,880Expenses 2016: $4,707,096Net Income 2016: -$300,2162016Revenue 2017: $6,020,977Expenses 2017: $5,439,709Net Income 2017: $581,2682017Revenue 2018: $7,765,898Expenses 2018: $6,488,994Net Income 2018: $1,276,9042018Revenue 2019: $7,913,765Expenses 2019: $7,505,449Net Income 2019: $408,3162019Revenue 2020: $8,249,451Expenses 2020: $7,472,573Net Income 2020: $776,8782020Revenue 2021: $8,332,520Expenses 2021: $7,365,901Net Income 2021: $966,6192021Revenue 2022: $12,870,414Expenses 2022: $11,565,726Net Income 2022: $1,304,6882022Revenue 2023: $8,563,722Expenses 2023: $13,106,574Net Income 2023: -$4,542,8522023Revenue 2024: $8,397,053Expenses 2024: $9,051,179Net Income 2024: -$654,1262024

Highlighted filing

2016

Revenue$4,406,880
Expenses$4,707,096
Net Income-$300,216
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 17, 2017
Return Version
2015v3.0
Gross Receipts
$4,432,791
Mission and Program Overview

Mission

Gibneys mission is to tap into the vast potential of movement, creativity, and performance to effect social change and personal transformation. The mission comes to life through a stunning socially active COMPANY, a thriving two- location performing arts CENTER, and impactful COMMUNITY action initiatives.Gibneys vision is to bring together communities working at the intersection of art and social justice to build momentum and catalyze action beyond the studio and stage.

Gibney Dance is a groundbreaking organization that taps into the vast potential of movement, creativity, and performance to effect social change and personal transformation through its interrelated fields of actionCenter, Company, and Community Action.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,092,750$2,889,443▼ $203,307
Pledges and Grants Receivable$174,802$543,642▲ $368,840
Cash and Non-Interest-Bearing Accounts-$177,249-
Accounts Receivable$48,293$84,417▲ $36,124
Savings and Temporary Cash Investments$447,243$38,081▼ $409,162
Prepaid Expenses and Deferred Charges$15,183$14,739▼ $444
Investments in Publicly Traded Securities$54,988$13,991▼ $40,997
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,982,964$3,911,040▼ $71,924
Other Assets Total$149,705$149,478▼ $227
Liabilities
Other Liabilities$394,750$518,417▲ $123,667
Accounts Payable and Accrued Expenses$454,206$391,913▼ $62,293
Deferred Revenue$158,512$322,198▲ $163,686
Total Liabilities$1,007,468$1,232,528▲ $225,060
Net Assets / Fund Balance
Unrestricted Net Assets$2,252,911$1,811,904▼ $441,007
Temporarily Rstr Net Assets$622,171$766,608▲ $144,437
Permanently Rstr Net Assets$100,414$100,000▼ $414
Total Net Assets Fund Balance$2,975,496$2,678,512▼ $296,984
Total Liabilities and Net Assets / Fund Balance$3,982,964$3,911,040▼ $71,924

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,418,395$445,350$2,863,745
Equipment$471,048$482,463$953,511
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gina GibneyFounderFT$100,417$100,417

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,659,283
Program Service Revenue
$2,686,240
Investment Income
$2,314
Other Revenue
$59,043
All Other Contributions
$1,124,167
Change in Net Assets
$-300,216

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,286,819
Revenue Not Reported on Financial Statements
$120,061
Revenue Not Reported on Form 990
$102,974
Other Revenue Adjustments
$120,061
Total Revenue per Audited Statements
$4,389,793
Total Revenue per Form 990
$4,406,880
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,122,206
Salaries, Compensation, and Employee Benefits$1,464,829
Total Fundraising Expense$302,427
Grants and Similar Amounts Paid$120,061
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$1,531,836$85,105$85,100$1,702,041
Other Salaries and Wages$933,507$116,517$127,246$1,177,270
Fees for Services Other$768,258$55,030$1,750$825,038
Depreciation Depletion$255,724$14,207$14,207$284,138
Grants to Domestic Individuals$120,061--$120,061
Payroll Taxes$86,883$9,768$12,826$109,477
Current Officers, Directors, Trustees, and Key Employees$56,808$18,936$18,936$94,680
Other Employee Benefits$66,190$7,441$9,771$83,402
Advertising$45,604$13,969$10,931$70,504
Travel$53,609$1,449$376$55,434
Insurance$25,429$4,119$3,736$33,284
Office Expenses$11,432$9,045$63$20,540
All Other Expenses$14,383$2,660$1,894$18,937
Other Expenses$12,109$1,656$13,152$13,152
Total Functional Expenses$4,008,928$395,741$302,427$4,707,096

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,707,096
Total Expenses per Audited Statements$4,686,777
Expenses per Audited Statements$4,587,035
Expenses Not Reported on Financial Statements$120,061
Other Expense Adjustments$120,061
Expenses Not Reported on Form 990$99,742
International Activity

International Summary

Spending
$27,222

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServiceDance, Training, & Workshops00$27,222
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$25,911
Fundraising Gross Income$25,911
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Spring Benifit$196,525$25,911$25,911$0
Total Events$196,525$25,911$25,911-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$518,417
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
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, Line 11B: Form 990 Review Process

The treasurer and the finance committee review the 990 and provide edits to tax preparer. After this process was performed, the form 990 was sent to the full board of directors prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Gibney Dance has a conflict of interest policy that requires board members to submit an annual conflict disclosure form.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Each year, the board treasurer and the HR committee, as part of the budget review process, examine the compensation package for the Founder. Comparable organizational information is used as needed before presenting recommendations to the Board for final approval.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Gina Gibney Dance
EIN
13-3623815
Phone
2126778560
Address
890 Broadway 5th Floor, New York, NY 10003

Signing Officer

Name
Gina Gibney
Title
Founder
Signed
2017-03-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gina Gibney
Voting Board Members
19
Independent Board Members
18
Employees
113
Volunteers
50

Preparer

Firm
Schall & Ashenfarb Cpas
Address
307 5th Ave 15th Floor, NEW YORK, NY 10016-6517
Preparer
Michael Schall
Phone
2122682800
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Gibney Dance does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods June 30, 2013 and later are subject to examination by applicable taxing authorities.

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Studio Space Grants $120061

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

Studio Space Grants $120061

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IRS990/Form990PartVIISectionAGrp/PersonNm14Joan Hutton-Mills
IRS990/Form990PartVIISectionAGrp/PersonNm15Stephen Sabo
IRS990/Form990PartVIISectionAGrp/PersonNm16Alair Townsend
IRS990/Form990PartVIISectionAGrp/PersonNm17Sheila Wellington
IRS990/Form990PartVIISectionAGrp/PersonNm18Katherine Wickham
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
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IRS990/MissionDesc0Gibney Dance is a groundbreaking organization that taps into the vast potential of movement, creativity, and performance to effect social change and personal transformation through its interrelated fields of actionCenter, Company, and Community Action.
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IRS990/OtherExpensesGrp/Desc2Telephone
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IRS990/OtherExpensesGrp/FundraisingAmt1195
IRS990/OtherExpensesGrp/FundraisingAmt21787
IRS990/OtherExpensesGrp/FundraisingAmt313152
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt055149
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1690
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21656
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IRS990/OtherExpensesGrp/ProgramServicesAmt124070
IRS990/OtherExpensesGrp/ProgramServicesAmt212109
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IRS990/OtherExpensesGrp/TotalAmt124955
IRS990/OtherExpensesGrp/TotalAmt215552
IRS990/OtherExpensesGrp/TotalAmt313152
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IRS990/PayrollTaxesGrp/FundraisingAmt012826
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09768
IRS990/PayrollTaxesGrp/ProgramServicesAmt086883
IRS990/PayrollTaxesGrp/TotalAmt0109477
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0100414
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0100000
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0174802
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0543642
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015183
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014739
IRS990/PrincipalOfficerNm0Gina Gibney
IRS990/ProfessionalFundraisingInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.3$14.8$1.48$8.40$9.05$0.65
2023Detailed filing. Detailed filing data is available for this year.$18.9$15.5$3.40$8.56$13.1$4.54
2022Detailed filing. Detailed filing data is available for this year.$10.7$2.76$7.94$12.9$11.6$1.30
2021Detailed filing. Detailed filing data is available for this year.$10.7$4.09$6.64$8.33$7.37$0.97
2020Detailed filing. Detailed filing data is available for this year.$10.5$4.85$5.67$8.25$7.47$0.78
2019Detailed filing. Detailed filing data is available for this year.$8.89$4.00$4.89$7.91$7.51$0.41
2018Detailed filing. Detailed filing data is available for this year.$9.07$4.53$4.54$7.77$6.49$1.28
2017Detailed filing. Detailed filing data is available for this year.$4.67$1.41$3.26$6.02$5.44$0.58
2016Detailed filing. Detailed filing data is available for this year.$3.91$1.23$2.68$4.41$4.71$0.30
2015Detailed filing. Detailed filing data is available for this year.$3.98$1.01$2.98$4.41$4.35$0.06
2014Summary only. Only limited summary data is available for this year.$3.93$1.01$2.92$5.19$2.78$2.41
2013Summary only. Only limited summary data is available for this year.$0.58$0.07$0.51$1.37$1.23$0.15
2012Summary only. Only limited summary data is available for this year.$0.48$0.11$0.36$1.17$0.90$0.26
2011Summary only. Only limited summary data is available for this year.$0.26$0.16$0.10$0.53$0.42$0.11
Peer Organizations

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