Civic Intelligence

The Broadway Dance Lab Inc.

990 • Fiscal year 2019 • EIN 46-2689988

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 06, 2020

433 West 34th StreetNew York, NY 10001-1523

(646) 325-5389

Siviq Scores

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

Liabilities / Assets

86th percentile

0.54x

Higher debt load relative to assets than 86% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

72nd percentile

0.14x

Higher debt load relative to revenue than 72% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

60th percentile

$35,000

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

97th percentile

230%

Faster asset growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

90th percentile

73%

Faster revenue growth than 90% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$147,173

Up $102,539 (+230%) from 2018

Net Assets

Up

$68,344

Up $71,165 (+2523%) from 2018

Liabilities

Up

$78,829

Up $31,374 (+66%) from 2018

Revenue

Up

$547,487

Up $230,653 (+73%) from 2018

Expenses

Up

$476,322

Up $120,949 (+34%) from 2018

Net Income

Up

$71,165

Up $109,704 (+285%) from 2018

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$0-$500KAssets 2014: $5,312Liabilities 2014: $0Net Assets 2014: $5,3122014Assets 2015: $3,099Liabilities 2015: $0Net Assets 2015: $3,0992015Assets 2016: $67,337Liabilities 2016: $594Net Assets 2016: $66,7432016Assets 2017: $35,868Liabilities 2017: $150Net Assets 2017: $35,7182017Assets 2018: $44,634Liabilities 2018: $47,455Net Assets 2018: -$2,8212018Assets 2019: $147,173Liabilities 2019: $78,829Net Assets 2019: $68,3442019Assets 2020: $200,421Liabilities 2020: $130,439Net Assets 2020: $69,9822020Assets 2021: $507,836Liabilities 2021: $67,674Net Assets 2021: $440,1622021Assets 2022: $990,081Liabilities 2022: $61,265Net Assets 2022: $928,8162022Assets 2023: $963,007Liabilities 2023: $6,723Net Assets 2023: $956,2842023Assets 2024: $1,093,451Liabilities 2024: $34,050Net Assets 2024: $1,059,4012024Assets 2025: $1,799,968Liabilities 2025: $737,277Net Assets 2025: $1,062,6912025

Highlighted filing

2019

Assets$147,173
Liabilities$78,829
Net Assets$68,344

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $38,383Expenses 2014: $33,070Net Income 2014: $5,3132014Revenue 2015: $15,715Expenses 2015: $17,928Net Income 2015: -$2,2132015Revenue 2016: $163,634Expenses 2016: $101,352Net Income 2016: $62,2822016Revenue 2017: $219,131Expenses 2017: $250,749Net Income 2017: -$31,6182017Revenue 2018: $316,834Expenses 2018: $355,373Net Income 2018: -$38,5392018Revenue 2019: $547,487Expenses 2019: $476,322Net Income 2019: $71,1652019Revenue 2020: $494,857Expenses 2020: $493,219Net Income 2020: $1,6382020Revenue 2021: $819,514Expenses 2021: $449,334Net Income 2021: $370,1802021Revenue 2022: $1,140,266Expenses 2022: $629,481Net Income 2022: $510,7852022Revenue 2023: $806,572Expenses 2023: $806,623Net Income 2023: -$512023Revenue 2024: $955,736Expenses 2024: $880,693Net Income 2024: $75,0432024Revenue 2025: $934,363Expenses 2025: $942,758Net Income 2025: -$8,3952025

Highlighted filing

2019

Revenue$547,487
Expenses$476,322
Net Income$71,165
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 6, 2020
Return Version
2018v3.1
Gross Receipts
$597,124
Mission and Program Overview

Mission

To provide theater choreographers to practice craft and test their ideas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$76,426-
Cash and Non-Interest-Bearing Accounts$43,314$70,747▲ $27,433
Loans From Officers Directors-$65,000-
Accounts Receivable$1,320--
Total Assets$44,634$147,173▲ $102,539
Liabilities
Accounts Payable and Accrued Expenses$47,455$13,829▼ $33,626
Total Liabilities$47,455$78,829▲ $31,374
Net Assets / Fund Balance
Temporarily Rstr Net Assets$7,500$75,000▲ $67,500
Unrestricted Net Assets$-10,321$-6,656▲ $3,665
Total Net Assets Fund Balance$-2,821$68,344▲ $71,165
Total Liabilities and Net Assets / Fund Balance$44,634$147,173▲ $102,539
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Josh PrinceBoard Member/artistic DirectorPT$35,000$35,000

Board Members and Trustees

NameTitle
Dan AronChairman/treasurer
Mike HartleyBoard Member
Stephen Kroll ReidyBoard Member
Stuart KurlanderBoard Member
Sue DietzBoard Member
Kelly Butler SmithSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$505,219
Program Service Revenue
$42,268
Investment Income
$0
Other Revenue
$0
All Other Contributions
$414,872
Change in Net Assets
$71,165
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$267,926
Salaries, Compensation, and Employee Benefits$208,396
Total Fundraising Expense$81,736
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$122,997$7,803$0$130,800
Fees for Services Other$19,516$38,689$60,558$118,763
Current Officers, Directors, Trustees, and Key Employees$6,000$36,000$18,000$60,000
Advertising$40,506$0$0$40,506
Occupancy$32,151$525$225$32,901
Payroll Taxes$11,896$4,040$1,660$17,596
Insurance$9,269$3,148$1,293$13,710
Information Technology$0$6,479$0$6,479
Fees for Services Accounting$0$5,350$0$5,350
Fees for Services Legal$0$3,565$0$3,565
Other Expenses$1,432$0$0$1,432
All Other Expenses$0$761$0$761
Office Expenses$0$635$0$635
Interest$0$626$0$626
Travel$385$0$0$385
Total Functional Expenses$282,346$112,240$81,736$476,322
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$49,637
Fundraising Gross Income$49,637
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$122,854$49,637$49,637$0
Total Events$122,854$49,637$49,637$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
-Artistic Director/board MemberOffice space leaseNo$1,500

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$65,000-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Filing and Contact Details

Filer

Filer Name
The Broadway Dance Lab Inc
EIN
46-2689988
Phone
6463255389
Address
433 WEST 34TH STREET, NEW YORK, NY 10001-1523

Signing Officer

Name
Joshua Prince
Title
President
Phone
6463255389
Signed
2020-04-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Prince
Formed
2013
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
6
Employees
71
Volunteers
0

Preparer

Firm
Rich and Bander Llp
Address
79 Madison Avenue 2nd Floor, New York, NY 10016
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Organization's process to review form 990. Form 990 is made available to all officers and members of the governing board.

Pt VI, Line 12C

Enforcement of conflicts policy the officers and the board of directors regularly review the conflict of interest policy and oversee both initial and annual disclosures. And related party transaction must be approved by the board as fair, reasonable, and in the best interest of the corporation.

Pt VI, Line 19

Governing documents disclosure explanation - certain policies and documents can be made available upon request.

Pt VI, Line 15A

The managing directors' salaries are determined based on a comparability study.

Financial Statement Notes

Pt X, Line 2

The Organization has evaluated its current tax positions and has concluded that as of June 30, 2019, the Organization does not have any significant uncertain tax positions for which a reserve would be necessary.

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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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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt077052
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65240
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0761895
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0405924
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0505219
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0282275
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0218906
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0145704
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015715
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01167819
IRS990ScheduleA/TotalSupportAmt01167819
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has evaluated its current tax positions and has concluded that as of June 30, 2019, the Organization does not have any significant uncertain tax positions for which a reserve would be necessary.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt073217
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt073217
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt049637
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0122854
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0122854
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt049637
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt049637
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt049637
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt049637
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0JOSH PRINCE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0ARTISTIC DIRECTOR/BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Office space lease
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt065000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt065000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JOSH PRINCE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0ART. DIR./BOARD MEM
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE BROADWAY DANCE LAB,INC. LEASES OFFICE SPACE FROM PRINCE PRODUCTIONS. JOSH PRINCE IS THE OWNER OF PRINCE PRODUCTIONS. HE IS ALSO A BOARD MEMBER AND THE ARTISTIC DIRECTOR OF THE BROADWAY DANCE LAB, INC. THE AMOUNT OF RENT PAID TO PRINCE PRODUCTIONS FOR THE FISCAL YEAR WAS $18,000.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc01
IRS990ScheduleL/TotalBalanceDueAmt065000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS TO REVIEW FORM 990. FORM 990 IS MADE AVAILABLE TO ALL OFFICERS AND MEMBERS OF THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT OF CONFLICTS POLICY THE OFFICERS AND THE BOARD OF DIRECTORS REGULARLY REVIEW THE CONFLICT OF INTEREST POLICY AND OVERSEE BOTH INITIAL AND ANNUAL DISCLOSURES. AND RELATED PARTY TRANSACTION MUST BE APPROVED BY THE BOARD AS FAIR, REASONABLE, AND IN THE BEST INTEREST OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS DISCLOSURE EXPLANATION - CERTAIN POLICIES AND DOCUMENTS CAN BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MANAGING DIRECTORS' SALARIES ARE DETERMINED BASED ON A COMPARABILITY STUDY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt07500
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt075000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt044634
IRS990/TotalAssetsEOYAmt0147173
IRS990/TotalAssetsGrp/BOYAmt044634
IRS990/TotalAssetsGrp/EOYAmt0147173
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0505219
IRS990/TotalEmployeeCnt071
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt081736
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0112240
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0282346
IRS990/TotalFunctionalExpensesGrp/TotalAmt0476322
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt047455
IRS990/TotalLiabilitiesEOYAmt078829
IRS990/TotalLiabilitiesGrp/BOYAmt047455
IRS990/TotalLiabilitiesGrp/EOYAmt078829
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2821
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt068344
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0282346
IRS990/TotalProgramServiceRevenueAmt042268
IRS990/TotalReportableCompFromOrgAmt035000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt042268
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0547487
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt044634
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0147173
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt0385
IRS990/TravelGrp/TotalAmt0385
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-10321
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-6656

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