Civic Intelligence

Freespace Dance Inc

EIN 30-0222571 • 501(c)3 • Upper Montclair, NJ

Profile

Promote the art of dance through performance and instruction

PO Box 43657Upper Montclair, NJ 07043

www.freespacedance.com

Siviq Scores

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

Liabilities / Assets

80th percentile

0.37x

Higher debt load relative to assets than 80% of similar nonprofits.

NTEE A62 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.18x

Higher debt load relative to revenue than 83% of similar nonprofits.

NTEE A62 • <$500k nonprofits • Source year 2024

Net Margin

22nd percentile

-5.8%

Higher net margin than 22% of similar nonprofits.

NTEE A62 • <$500k nonprofits • Source year 2024

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE A62 • <$500k nonprofits • Source year 2024

Asset Growth

64th percentile

24%

Faster asset growth than 64% of similar nonprofits.

NTEE A62 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

6.0%

Faster revenue growth than 50% of similar nonprofits.

NTEE A62 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$36,254

Up $6,971 (+24%) from 2023

Liabilities

Up

$13,241

Up $11,211 (+552%) from 2023

Net Assets

Down

$23,013

Down $4,240 (-16%) from 2023

Operations
Liabilities / Revenue83rd percentileNet Margin22nd percentile

Revenue

Up

$72,554

Up $4,092 (+6.0%) from 2023

Expenses

Up

$76,794

Up $4,825 (+6.7%) from 2023

Net Income

Down

-$4,240

Down $733 (-21%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

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

$100K$50K$0-$50KAssets 2011: $5,296Liabilities 2011: $48,403Net Assets 2011: -$43,1072011Assets 2012: $7,951Liabilities 2012: $47,039Net Assets 2012: -$39,0882012Assets 2013: $9,391Liabilities 2013: $38,296Net Assets 2013: -$28,9052013Assets 2014: $9,966Liabilities 2014: $36,473Net Assets 2014: -$26,5072014Assets 2016: $12,142Liabilities 2016: $24,203Net Assets 2016: -$12,0612016Assets 2017: $18,462Liabilities 2017: $25,079Net Assets 2017: -$6,6172017Assets 2018: $23,732Liabilities 2018: $24,354Net Assets 2018: -$6222018Assets 2019: $11,810Liabilities 2019: $19,997Net Assets 2019: -$8,1872019Assets 2020: $59,595Liabilities 2020: $62,361Net Assets 2020: -$2,7662020Assets 2021: $34,235Liabilities 2021: $3,730Net Assets 2021: $30,5052021Assets 2022: $30,760Net Assets 2022: $30,7602022Assets 2023: $29,283Liabilities 2023: $2,030Net Assets 2023: $27,2532023Assets 2024: $36,254Liabilities 2024: $13,241Net Assets 2024: $23,0132024

Highlighted filing

2024

Assets$36,254
Liabilities$13,241
Net Assets$23,013
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $61,915Expenses 2011: $61,661Net Income 2011: $2542011Revenue 2012: $70,234Expenses 2012: $66,215Net Income 2012: $4,0192012Revenue 2013: $61,424Expenses 2013: $53,380Net Income 2013: $8,0442013Revenue 2014: $64,765Expenses 2014: $62,367Net Income 2014: $2,3982014Revenue 2016: $48,988Expenses 2016: $45,537Net Income 2016: $3,4512016Revenue 2017: $53,873Expenses 2017: $48,429Net Income 2017: $5,4442017Revenue 2018: $67,434Expenses 2018: $61,439Net Income 2018: $5,9952018Revenue 2019: $54,715Expenses 2019: $62,280Net Income 2019: -$7,5652019Revenue 2020: $104,888Expenses 2020: $99,467Net Income 2020: $5,4212020Revenue 2021: $92,772Expenses 2021: $59,501Net Income 2021: $33,2712021Revenue 2022: $81,029Expenses 2022: $80,774Net Income 2022: $2552022Revenue 2023: $68,462Expenses 2023: $71,969Net Income 2023: -$3,5072023Revenue 2024: $72,554Expenses 2024: $76,794Net Income 2024: -$4,2402024

Highlighted filing

2024

Revenue$72,554
Expenses$76,794
Net Income-$4,240
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,254
Liabilities
$13,241
Net assets
$23,013
Revenue
$72,554
Expenses
$76,794
Net income
-$4,240
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.36$0.13$0.23$0.73$0.77$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.29$0.02$0.27$0.68$0.72$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.31$0.31$0.81$0.81$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.34$0.04$0.31$0.93$0.60$0.33
2020Detailed filing. Detailed filing data is available for this year.$0.60$0.62$0.03$1.05$0.99$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.20$0.08$0.55$0.62$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.24$0.24$0.01$0.67$0.61$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.18$0.25$0.07$0.54$0.48$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.24$0.12$0.49$0.46$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.36$0.27$0.65$0.62$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.09$0.38$0.29$0.61$0.53$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.47$0.39$0.70$0.66$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.48$0.43$0.62$0.62$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.0
Gross Receipts
$72,554
Mission and Program Overview

Mission

Promote the art of dance through performance and instruction

Program Services

DescriptionGrantsExpenses
PROMOTED THE ART OF DANCE THROUGH PERFORMANCE AND INSTRUCTION-$47,966
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LISA GRIMESManaging DirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Freespace Dance Inc
EIN
30-0222571
Phone
2014634325
Address
PO BOX 43657, UPPER MONTCLAIR, NJ 07043

Signing Officer

Name
Lisa Grimes
Title
Managing Director
Phone
9736411931
Signed
2025-05-06
Discuss with paid preparer
Yes

Preparer

Firm
Fylstra & Associates LLC
Address
385 FRANKLIN TURNPIKE, ALLENDALE, NJ 07401-2225
Preparer
Ralph a Fylstra
Phone
2018188800
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 3,081 office 3,011 travel 330 interest 700 insurance 2,426 production expenses 3,665 artistic and teacher fees 31,993 development 8,930 bank fees 450 total 54,586”

Form 990-ez, Part II, Line 24

“Prepaid expenses and deferred charges 2,696 0 total 2,696 0”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 2,030 6,180 line of credit 0 7,061”

Raw XML Appendix131 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0LISA GRIMES
IRS990EZ/BooksInCareOfDetail/PhoneNum02014634325
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05 BALDWIN TERRACE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WAYNE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007470
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt026587
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt036254
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt056645
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4240
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt016337
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt029283
IRS990EZ/Form990TotalAssetsGrp/EOYAmt036254
IRS990EZ/GrossReceiptsAmt072554
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt027253
IRS990EZ/NetAssetsOrFundBalancesEOYAmt023013
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt027253
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt023013
IRS990EZ/OccupancyRentUtltsAndMaintAmt05871
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt035.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LISA GRIMES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MANAGING DIR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02696
IRS990EZ/OtherExpensesTotalAmt054586
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE THE ART OF DANCE THROUGH PERFORMANCE AND INSTRUCTION
IRS990EZ/ProgramServiceRevenueAmt015909
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTED THE ART OF DANCE THROUGH PERFORMANCE AND INSTRUCTION
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt047966
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02030
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt013241
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt076794
IRS990EZ/TotalProgramServiceExpensesAmt047966
IRS990EZ/TotalRevenueAmt072554
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FREESPACEDANCE.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt056645
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt045722
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt058361
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt066000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt073094
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0299822
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt015909
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt022740
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt022668
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt026772
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt031794
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0119883
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0419705
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt072554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt068462
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt081029
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt092772
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0104888
IRS990ScheduleA/Total509Grp/TotalAmt0419705
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt072554
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt068462
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt081029
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt092772
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0104888
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0419705
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 3,081 OFFICE 3,011 TRAVEL 330 INTEREST 700 INSURANCE 2,426 PRODUCTION EXPENSES 3,665 ARTISTIC AND TEACHER FEES 31,993 DEVELOPMENT 8,930 BANK FEES 450 TOTAL 54,586
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 2,696 0 TOTAL 2,696 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,030 6,180 LINE OF CREDIT 0 7,061
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LISA GRIMES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGING DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09736411931
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREESPACE DANCE INC
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0300222571
ReturnHeader/Filer/PhoneNum02014634325
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 43657
ReturnHeader/Filer/USAddress/CityNm0UPPER MONTCLAIR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007043
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0453841763
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FYLSTRA & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0385 FRANKLIN TURNPIKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALLENDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0074012225
ReturnHeader/PreparerPersonGrp/PhoneNum02018188800
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RALPH A FYLSTRA
ReturnHeader/ReturnTs02025-06-18T09:10:59-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. NTEE A62 • <$500k nonprofits