Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
EIN 27-3022833 • 501(c)3 • Monroe Township, NJ
Profile
Lustigdancetheatre (ldt) was established in 2010 by internationally recognized choreographer and teacher, graham lustig. Ldt's mission is to be a vibrant, dynamic organization that awakens the love of dance through professional company performances, educational programs, and dance and wellness classes. Housed in the culturally vibrant city of new brunswick, nj, ldt seeks to be a vital fixture in the new jersey arts community and provide exceptional service to the local community. Ldt closed its doors on june 30, 2016 and is no longer operating
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Liabilities / Revenue
53rd percentile
Higher debt load relative to revenue than 53% of similar nonprofits.
Net Margin
36th percentile
Higher net margin than 36% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
13th percentile
Faster revenue growth than 13% of similar nonprofits.
Assets
Down$24,467
Down $25,985 (-52%) from 2015
Liabilities
Down$14,041
Down $14,998 (-52%) from 2015
Net Assets
Down$10,426
Down $10,987 (-51%) from 2015
Revenue
Down$593,716
Down $210,785 (-26%) from 2015
Expenses
Down$604,572
Down $207,269 (-26%) from 2015
Net Income
Down-$10,856
Down $3,516 (-48%) from 2015
Most recent year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.
Lustigdancetheatre (ldt) was established in 2010 by internationally recognized choreographer and teacher, graham lustig. Ldt's mission is to be a vibrant, dynamic organization that awakens the love of dance through professional company performances, educational programs, and dance and wellness classes. Housed in the culturally vibrant city of new brunswick, nj, ldt seeks to be a vital fixture in the new jersey arts community and provide exceptional service to the local community.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $21,413 | $10,426 | ▼ $10,987 |
| Cash and Non-Interest-Bearing Accounts | $21,110 | $9,116 | ▼ $11,994 |
| Land, Buildings, and Equipment, Net | $14,395 | $8,806 | ▼ $5,589 |
| Pledges and Grants Receivable | $6,540 | - | - |
| Accounts Receivable | $1,729 | - | - |
| Intangible Assets | $1,326 | $1,193 | ▼ $133 |
| Total Assets | $50,452 | $24,467 | ▼ $25,985 |
| Other Assets Total | $5,352 | $5,352 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $28,057 | $14,041 | ▼ $14,016 |
| Deferred Revenue | $982 | - | - |
| Total Liabilities | $29,039 | $14,041 | ▼ $14,998 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $21,413 | $10,426 | ▼ $10,987 |
| Total Liabilities and Net Assets / Fund Balance | $50,452 | $24,467 | ▼ $25,985 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $6,247 | $22,191 | $28,438 |
| Equipment | $2,559 | $23,678 | $26,237 |
| Other Assets Org | $5,352 | - | - |
| Name | Title |
|---|---|
| Richard Salvadore | President |
| Edward Stanislawczyk | Trustee |
| Elizabeth Miles | Secretary |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $383,266 |
| Other Expenses | $221,306 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $168,360 | $156,443 | - | $324,803 |
| Occupancy | $66,335 | $5,938 | - | $72,273 |
| Payroll Taxes | $23,220 | $21,632 | - | $44,852 |
| Insurance | $19,249 | $12,919 | - | $32,168 |
| All Other Expenses | $5,331 | $15,487 | - | $20,818 |
| Advertising | $19,168 | - | - | $19,168 |
| Fees for Services Accounting | - | $14,286 | - | $14,286 |
| Other Employee Benefits | - | $13,611 | - | $13,611 |
| Other Expenses | $6,342 | $5,451 | - | $6,342 |
| Depreciation Depletion | $5,150 | $439 | - | $5,589 |
| Travel | $2,060 | - | - | $2,060 |
| Total Functional Expenses | $357,062 | $247,510 | $0 | $604,572 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $604,572 |
| Expenses per Audited Statements | $604,440 |
| Total Expenses per Audited Statements | $604,440 |
| Expenses Not Reported on Financial Statements | $132 |
| Other Expense Adjustments | $132 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Form 990 was circulated to management and board members prior to submission”
“Documents are available upon request at the offices of the organization - 80 albany street, new brunswick, nj”
“Lustigdancetheatre (ldt) was established in 2010 by internationally recognized choreographer and teacher, graham lustig. Ldt's mission is to be a vibrant, dynamic organization that awakens the love of dance through professional company performances, educational programs, and dance and wellness classes. Housed in the culturally vibrant city of new brunswick, nj, ldt seeks to be a vital fixture in the new jersey arts community and provide exceptional service to the local community.”
“Community. The company consists of an ethnically diverse group of ten dancers (five men and five women). The dancers hail from an impressive roster of major universities, dance companies, and training programs.”
“"promote wellness in the community by offering movement classes that focus on fitness, strength, balance, and flexibility for all ages; "establish a dance center to help educate aspiring and professional dancers of all ages by providing dance training and performance opportunities to nurture the human spirit and foster individual creative expression. Class offerings include all levels of ballet, hip hop, pilates, body mind conditioning, zumba, creative dance, tap, a ballet class just for boys, and more classes are taught by professional dancers, certified dance educators, and new jersey artists. Need and merit based scholarships are available to ensure that programs are accessible to any student. Similarly, payment plans are offered and discounts are given to families with more than one enrolled student. Ldt has a special arrangement with the new brunswick school system (a low-income community and abbott school district) that allows select third graders in each of the eight elementary schools to attend ldt at a 50% tuition reduction.”
“Amortization 132 total 132”
“AMORTIZATION 132”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | LUSTIGDANCETHEATRE (LDT) WAS ESTABLISHED IN 2010 BY INTERNATIONALLY RECOGNIZED CHOREOGRAPHER AND TEACHER, GRAHAM LUSTIG. LDT'S MISSION IS TO BE A VIBRANT, DYNAMIC ORGANIZATION THAT AWAKENS THE LOVE OF DANCE THROUGH PROFESSIONAL COMPANY PERFORMANCES, EDUCATIONAL PROGRAMS, AND DANCE AND WELLNESS CLASSES. HOUSED IN THE CULTURALLY VIBRANT CITY OF NEW BRUNSWICK, NJ, LDT SEEKS TO BE A VITAL FIXTURE IN THE NEW JERSEY ARTS COMMUNITY AND PROVIDE EXCEPTIONAL SERVICE TO THE LOCAL COMMUNITY. |
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| IRS990/Desc | 0 | DANCE THE LUSTIGDANCETHEATRE PROFESSIONAL COMPANY OFFERS PERFORMANCES OF HIGH ARTISTIC QUALITY IMBUED WITH VIRTUOSITY, ENERGY, DYNAMICS, AND HUMANITY. A CONTEMPORARY DANCE COMPANY, LDT SUPPORTS A CREATIVE ENVIRONMENT FOR ARTISTS AND CHOREOGRAPHERS THAT FURTHERS THE EVOLUTION OF DANCE IN INNOVATIVE WAYS BY CELEBRATING NEW WORKS AND PRESERVING MODERN MASTERPIECES. COLLABORATIONS WITH OTHER NEW JERSEY ARTISTS AND ORGANIZATIONS IS A PRIORITY, AS WELL AS THE CONSISTENT USE OF LIVE MUSIC FOR PERFORMANCES. LDT PERFORMS AT MAJOR VENUES STATEWIDE. THOUGH THE COMPANY'S ACTIVITIES PREDOMINANTLY REMAIN IN NEW JERSEY, LDT WILL SEEK TO TOUR REGIONALLY AND NATIONALLY AS A MEANS TO GAIN EXPOSURE AND PROMINENCE IN THE DANCE COMMUNITY. THE COMPANY CONSISTS OF AN ETHNICALLY DIVERSE GROUP OF TEN DANCERS (FIVE MEN AND FIVE WOMEN). THE DANCERS HAIL FROM AN IMPRESSIVE ROSTER OF MAJOR UNIVERSITIES, DANCE COMPANIES, AND TRAINING PROGRAMS. |
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| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 59 |
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| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 190861 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 14286 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 14286 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | EDWARD STANISLAWCZYK |
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| IRS990/FormationYr | 0 | 2010 |
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| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
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| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 593716 |
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| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | false |
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| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 19249 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 32168 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 1326 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 1193 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
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| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
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| IRS990/MethodOfAccountingAccrualInd | 0 | X |
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| IRS990/MissionDesc | 0 | LUSTIGDANCETHEATRE (LDT) WAS ESTABLISHED IN 2010 BY INTERNATIONALLY RECOGNIZED CHOREOGRAPHER AND TEACHER, GRAHAM LUSTIG. LDT'S MISSION IS TO BE A VIBRANT, DYNAMIC ORGANIZATION THAT AWAKENS THE LOVE OF DANCE THROUGH PROFESSIONAL COMPANY PERFORMANCES, EDUCATIONAL PROGRAMS, AND DANCE AND WELLNESS CLASSES. HOUSED IN THE CULTURALLY VIBRANT CITY OF NEW BRUNSWICK, NJ, LDT SEEKS TO BE A VITAL FIXTURE IN THE NEW JERSEY ARTS COMMUNITY AND PROVIDE EXCEPTIONAL SERVICE TO THE LOCAL COMMUNITY. |
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| IRS990/OtherExpensesGrp/Desc | 0 | COSTUME/PROP EXPENSE |
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| IRS990/OtherExpensesGrp/Desc | 2 | OUTSIDE SERVICES |
| IRS990/OtherExpensesGrp/Desc | 3 | REPAIRS AND MAINTENANCE |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SCHOOL INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | PROFESSIONAL COMPANY INCOME |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | WELLNESS LDT'S DANCE AND WELLNESS STUDIO EMPOWERS THE COMMUNITY WITH OPPORTUNITIES TO EXPERIENCE THE LOVE AND JOY OF MOVEMENT. STUDENTS, REGARDLESS OF AGE, RACE, RELIGION, LEVEL, OR ASPIRATION, ARE GIVEN THE OPPORTUNITY TO DISCOVER THEIR PASSION FOR DANCE AND WELLNESS IN A SUPPORTIVE AND PROFESSIONAL ENVIRONMENT. THE LDT DANCE AND WELLNESS STUDIO EXISTS IN A FRESHLY RENOVATED SPACE THAT HAS TWO BEAUTIFULLY LIT DANCE STUDIOS WITH SPRUNG FLOORS, CHANGING AND LOUNGE AREAS FOR THE PROFESSIONAL DANCERS AND STUDENTS, AND A WI-FI ENABLED WAITING ROOM FOR STUDENTS AND PARENTS. THE STUDIO WAS CREATED WITH TWO OBJECTIVES: "PROMOTE WELLNESS IN THE COMMUNITY BY OFFERING MOVEMENT CLASSES THAT FOCUS ON FITNESS, STRENGTH, BALANCE, AND FLEXIBILITY FOR ALL AGES; "ESTABLISH A DANCE CENTER TO HELP EDUCATE ASPIRING AND PROFESSIONAL DANCERS OF ALL AGES BY PROVIDING DANCE TRAINING AND PERFORMANCE OPPORTUNITIES TO NURTURE THE HUMAN SPIRIT AND FOSTER INDIVIDUAL CREATIVE EXPRESSION. CLASS OFFERINGS INCLUDE ALL LEVELS OF BALLET, HIP HOP, PILATES, BODY MIND CONDITIONING, ZUMBA, CREATIVE DANCE, TAP, A BALLET CLASS JUST FOR BOYS, AND MORE CLASSES ARE TAUGHT BY PROFESSIONAL DANCERS, CERTIFIED DANCE EDUCATORS, AND NEW JERSEY ARTISTS. NEED AND MERIT BASED SCHOLARSHIPS ARE AVAILABLE TO ENSURE THAT PROGRAMS ARE ACCESSIBLE TO ANY STUDENT. SIMILARLY, PAYMENT PLANS ARE OFFERED AND DISCOUNTS ARE GIVEN TO FAMILIES WITH MORE THAN ONE ENROLLED STUDENT. LDT HAS A SPECIAL ARRANGEMENT WITH THE NEW BRUNSWICK SCHOOL SYSTEM (A LOW-INCOME COMMUNITY AND ABBOTT SCHOOL DISTRICT) THAT ALLOWS SELECT THIRD GRADERS IN EACH OF THE EIGHT ELEMENTARY SCHOOLS TO ATTEND LDT AT A 50% TUITION REDUCTION. |
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| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 183135 |
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| IRS990/PYOtherRevenueAmt | 0 | 1836 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 224557 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -7340 |
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| IRS990/PYTotalExpensesAmt | 0 | 811841 |
| IRS990/PYTotalRevenueAmt | 0 | 804501 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
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| IRS990/ReconcilationRevenueExpnssAmt | 0 | -10856 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
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| IRS990/ReportOtherLiabilitiesInd | 0 | false |
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| IRS990/RevenueAmt | 0 | 25230 |
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| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 10426 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt | 0 | 352000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt | 0 | 473000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 423920 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt | 0 | 463250 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt | 0 | 435250 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 2147420 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 385351 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | LUSTIGDANCETHEATRE (LDT) WAS ESTABLISHED IN 2010 BY INTERNATIONALLY RECOGNIZED CHOREOGRAPHER AND TEACHER, GRAHAM LUSTIG. LDT'S MISSION IS TO BE A VIBRANT, DYNAMIC ORGANIZATION THAT AWAKENS THE LOVE OF DANCE THROUGH PROFESSIONAL COMPANY PERFORMANCES, EDUCATIONAL PROGRAMS, AND DANCE AND WELLNESS CLASSES. HOUSED IN THE CULTURALLY VIBRANT CITY OF NEW BRUNSWICK, NJ, LDT SEEKS TO BE A VITAL FIXTURE IN THE NEW JERSEY ARTS COMMUNITY AND PROVIDE EXCEPTIONAL SERVICE TO THE LOCAL COMMUNITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | COMMUNITY. THE COMPANY CONSISTS OF AN ETHNICALLY DIVERSE GROUP OF TEN DANCERS (FIVE MEN AND FIVE WOMEN). THE DANCERS HAIL FROM AN IMPRESSIVE ROSTER OF MAJOR UNIVERSITIES, DANCE COMPANIES, AND TRAINING PROGRAMS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | "PROMOTE WELLNESS IN THE COMMUNITY BY OFFERING MOVEMENT CLASSES THAT FOCUS ON FITNESS, STRENGTH, BALANCE, AND FLEXIBILITY FOR ALL AGES; "ESTABLISH A DANCE CENTER TO HELP EDUCATE ASPIRING AND PROFESSIONAL DANCERS OF ALL AGES BY PROVIDING DANCE TRAINING AND PERFORMANCE OPPORTUNITIES TO NURTURE THE HUMAN SPIRIT AND FOSTER INDIVIDUAL CREATIVE EXPRESSION. CLASS OFFERINGS INCLUDE ALL LEVELS OF BALLET, HIP HOP, PILATES, BODY MIND CONDITIONING, ZUMBA, CREATIVE DANCE, TAP, A BALLET CLASS JUST FOR BOYS, AND MORE CLASSES ARE TAUGHT BY PROFESSIONAL DANCERS, CERTIFIED DANCE EDUCATORS, AND NEW JERSEY ARTISTS. NEED AND MERIT BASED SCHOLARSHIPS ARE AVAILABLE TO ENSURE THAT PROGRAMS ARE ACCESSIBLE TO ANY STUDENT. SIMILARLY, PAYMENT PLANS ARE OFFERED AND DISCOUNTS ARE GIVEN TO FAMILIES WITH MORE THAN ONE ENROLLED STUDENT. LDT HAS A SPECIAL ARRANGEMENT WITH THE NEW BRUNSWICK SCHOOL SYSTEM (A LOW-INCOME COMMUNITY AND ABBOTT SCHOOL DISTRICT) THAT ALLOWS SELECT THIRD GRADERS IN EACH OF THE EIGHT ELEMENTARY SCHOOLS TO ATTEND LDT AT A 50% TUITION REDUCTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FORM 990 WAS CIRCULATED TO MANAGEMENT AND BOARD MEMBERS PRIOR TO SUBMISSION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE OFFICES OF THE ORGANIZATION - 80 ALBANY STREET, NEW BRUNSWICK, NJ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | AMORTIZATION 132 TOTAL 132 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 2, PART III, LINE 4B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XI, LINE 9 |
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| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RICHARD SALVADORE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7325471628 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-09-22 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LUST |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | URBACH & AVRAHAM CPAS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1581 ROUTE 27 SUITE 201 |
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| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEFFREY D URBACH CPA |
| ReturnHeader/ReturnTs | 0 | 2016-09-22T12:14:03-05:00 |
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| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-06-30 |
| ReturnHeader/TaxYr | 0 | 2015 |
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