Civic Intelligence

24 7 Dance Studio Student Repertory Company

990EZ • Fiscal year 2019 • EIN 57-1153442

Sep 01, 2018 to Aug 31, 2019 • Filed on Jul 08, 2020

482-a Prospect BlvdFrederick, MD 21701

(301) 846-4247

Siviq Scores

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

Liabilities / Assets

87th percentile

0.34x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

0.27x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

60th percentile

8.5%

Faster asset growth than 60% of similar nonprofits.

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

Revenue Growth

91st percentile

80%

Faster revenue growth than 91% of similar nonprofits.

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

Assets

Flat

$44,911

Flat from 2019

Net Assets

$29,724

No earlier filing loaded for comparison.

Liabilities

Flat

$15,187

Flat from 2019

Revenue

Flat

$55,672

Flat from 2019

Expenses

Flat

$65,939

Flat from 2019

Net Income

Flat

-$10,267

Flat from 2019

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $48,404Liabilities 2011: $02011Assets 2012: $52,578Liabilities 2012: $0Net Assets 2012: $52,5782012Assets 2013: $51,878Liabilities 2013: $02013Assets 2014: $55,108Liabilities 2014: $0Net Assets 2014: $55,1082014Assets 2015: $71,843Liabilities 2015: $02015Assets 2016: $65,320Liabilities 2016: $02016Assets 2017: $59,326Liabilities 2017: $02017Assets 2018: $41,391Liabilities 2018: $1,400Net Assets 2018: $39,9912018Assets 2019: $44,911Liabilities 2019: $15,187Net Assets 2019: $29,7242019Assets 2019: $44,911Liabilities 2019: $15,1872019Assets 2020: $25,180Liabilities 2020: $825Net Assets 2020: $24,3552020Assets 2021: $28,961Liabilities 2021: $455Net Assets 2021: $28,5062021Assets 2022: $18,588Liabilities 2022: $5,000Net Assets 2022: $13,5882022Assets 2023: $20,069Liabilities 2023: $6,8702023Assets 2024: $13,269Liabilities 2024: $4,648Net Assets 2024: $8,6212024

Highlighted filing

2019

Assets$44,911
Liabilities$15,187
Net Assets$29,724

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $119,126Expenses 2011: $89,087Net Income 2011: $30,0392011Revenue 2012: $106,299Expenses 2012: $102,125Net Income 2012: $4,1742012Revenue 2013: $87,561Expenses 2013: $88,261Net Income 2013: -$7002013Revenue 2014: $90,440Expenses 2014: $86,603Net Income 2014: $3,8372014Revenue 2015: $124,561Expenses 2015: $107,034Net Income 2015: $17,5272015Revenue 2016: $48,109Expenses 2016: $54,632Net Income 2016: -$6,5232016Revenue 2017: $56,570Expenses 2017: $62,564Net Income 2017: -$5,9942017Revenue 2018: $30,990Expenses 2018: $50,325Net Income 2018: -$19,3352018Revenue 2019: $55,672Expenses 2019: $65,939Net Income 2019: -$10,2672019Revenue 2019: $55,672Expenses 2019: $65,939Net Income 2019: -$10,2672019Revenue 2020: $32,272Expenses 2020: $37,641Net Income 2020: -$5,3692020Revenue 2021: $14,300Expenses 2021: $10,149Net Income 2021: $4,1512021Revenue 2022: $31,878Expenses 2022: $38,011Net Income 2022: -$6,1332022Revenue 2023: $34,199Expenses 2023: $34,588Net Income 2023: -$3892023Revenue 2024: $37,346Expenses 2024: $42,177Net Income 2024: -$4,8312024

Highlighted filing

2019

Revenue$55,672
Expenses$65,939
Net Income-$10,267
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jul 8, 2020
Return Version
2018v3.1
Gross Receipts
$72,955
Mission and Program Overview

Mission

To provide education, promotion and support for the arts, with particular emphasis on, but not limited to, dance

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
WORKSHOPS - THE SRC SUPPORTS A VARIETY OF WORKSHOPS FOR OUR PERFORMERS THROUGHOUT THE YEAR A MAKEUP WORKSHOP WAS PROVIDEDCONTD ON SCHEDULE O-$27,613
TAPS ALIVE - THIS WAS A WEEKEND PROGRAM IN WHICH DANCERS FROM ALL OVER THE TRI-STATE AREA PARTICIPATED IN TAP WORKSHOPS WITH CHOREOGRAPHERS FROM CONTD ON SCHEDULE O-$12,675
END OF YEAR TRIP - IN JUNE THE SRC PROVIDED THE DANCERS WITH A TRIP TO NEW YORK CITY FOR A WORKSHOP WITH BROADWAY PERFORMERS AND AN OPTIONAL CONTD ON SCHEDULE O-$11,201
Other program services-$7,706
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HEATHER BAILEYVice President-$0--
SHARON POWELLSecretary-$0--
ANITA GLOVERTreasurer-$0--
MARSHA GARCIADirector-$0--
SCARLETT GIBBDirector-$0--
CAROL GOUNDRYDirector-$0--
GINA KORRELLDirector-$0--
KIMBERLY WINKLERPresidentPT$0--
DEBORAH THOMPSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
247 Dance Studio Student Repertory Company
EIN
57-1153442
Address
482-A PROSPECT BLVD, FREDERICK, MD 21701

Signing Officer

Name
Kimberly Winkler
Title
President
Phone
4438582507
Signed
2020-07-08
Discuss with paid preparer
Yes

Preparer

Firm
Pawz N Clawz Accounting Svcs LLC
Address
9549B BALTIMORE NATIONAL PIKE, Myersville, MD 21773
Preparer
Lisa Frushour
Phone
3017480063
Supplemental Narrative

Additional Explanations

General explanation attachment

Part iii - the organizations primary exempt purpose is to provide education, promotion, and support for the arts, with particular emphasis on, but not limited to, dance. Part iii no. 28 (contd) - in october, in which all children received performance makeup and were given a tutorial on how to apply stage makeup. In december, the src funded a winter extreme 14 workshop, as well as a summer extreme 14 workshop in august, that the children all attend. It includes professionals in all areas of dance, and classes in all genres. It gives the children an experience with teachers outside their own studio, as well as different techniques. The winter extreme is a one day workshop and the summer workshop is a full week of classes. In march, we provided a headshot workshop. In this workshop, students were taught how to construct a dance resume and a professional photographer took headshots of all the performers to accompany their resumes. Part ii no. 29 (contd) - all over the united states. There was also a performance at the end of the weekend, for dancers to enjoy, featuring pieces from various tap choreographers and student groups in the area.part ii no. 30 (contd) - broadway show. It was a great experience for all the children! Not only did they get the experience of working with a real-live broadway dancer, they were able to have a question and answer session with the dancer afterward, to ask about life as a performer in new york city.

Description of other revenue Part I line 8

Description AmountMISCELLANEOUS 1,360

Description of other expenses Part I line 16

Description AmountPROGRAM EXPENSES 59,196WEBSITE 269FRIENDS & FAMILY EXPENSES 450BANK CHGS & OTHER FEES 642MEETINGS 730LICENSE & REGISTRATION 75MISCELLANEOUS 210OFFICE SUPPLIES & SOFTWARE 850

Description of other assets Part II line 24

Category Beginning of Year End of YearPREPAID EXPENSES 2,752 9,294

Description of total liabilities Part II line 26

Category Beginning of Year End of YearDEFERRED REVENUE 1,400 6,300ACCOUNTS PAYABLE 0 1,800ACCRUED EXPENSES 0 7,087

Other program services Part III line 31

Bonding events - these are offered throughout the year, to keep the performers connected and having fun, while touching on topics of bullying and conflict resolution. These include some evening bonding events, some in the afternoon, and even an overnight lock-in, which the children all look forward to each year.scholarships - the src was able to provide 28 dancers with scholarships for extraordinary effort throughout the year. Amounts awarded ranged from $50 to $500. The scholarships need to be used within 1 year of the date awarded, and must be used for dance or performing arts programs/expenses. Another way the src has been able to help further educate our performers is by purchasing videos from the competitions they attend. The videos are then watched in class, so that the children can critique themselves, and see where they need to improve for their next performance. This has been a great tool for the dancers and teachers to use!the src also hosted an end of year recital in which the dancers are proud to show off their skills and dances.

Personal benefit contract statement Part V

(a) did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract - no(b) did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract - no

Raw XML Appendix238 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART III - THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE IS TO PROVIDE EDUCATION, PROMOTION, AND SUPPORT FOR THE ARTS, WITH PARTICULAR EMPHASIS ON, BUT NOT LIMITED TO, DANCE. PART III NO. 28 (CONTD) - IN OCTOBER, IN WHICH ALL CHILDREN RECEIVED PERFORMANCE MAKEUP AND WERE GIVEN A TUTORIAL ON HOW TO APPLY STAGE MAKEUP. IN DECEMBER, THE SRC FUNDED A WINTER EXTREME 14 WORKSHOP, AS WELL AS A SUMMER EXTREME 14 WORKSHOP IN AUGUST, THAT THE CHILDREN ALL ATTEND. IT INCLUDES PROFESSIONALS IN ALL AREAS OF DANCE, AND CLASSES IN ALL GENRES. IT GIVES THE CHILDREN AN EXPERIENCE WITH TEACHERS OUTSIDE THEIR OWN STUDIO, AS WELL AS DIFFERENT TECHNIQUES. THE WINTER EXTREME IS A ONE DAY WORKSHOP AND THE SUMMER WORKSHOP IS A FULL WEEK OF CLASSES. IN MARCH, WE PROVIDED A HEADSHOT WORKSHOP. IN THIS WORKSHOP, STUDENTS WERE TAUGHT HOW TO CONSTRUCT A DANCE RESUME AND A PROFESSIONAL PHOTOGRAPHER TOOK HEADSHOTS OF ALL THE PERFORMERS TO ACCOMPANY THEIR RESUMES. PART II NO. 29 (CONTD) - ALL OVER THE UNITED STATES. THERE WAS ALSO A PERFORMANCE AT THE END OF THE WEEKEND, FOR DANCERS TO ENJOY, FEATURING PIECES FROM VARIOUS TAP CHOREOGRAPHERS AND STUDENT GROUPS IN THE AREA.PART II NO. 30 (CONTD) - BROADWAY SHOW. IT WAS A GREAT EXPERIENCE FOR ALL THE CHILDREN! NOT ONLY DID THEY GET THE EXPERIENCE OF WORKING WITH A REAL-LIVE BROADWAY DANCER, THEY WERE ABLE TO HAVE A QUESTION AND ANSWER SESSION WITH THE DANCER AFTERWARD, TO ASK ABOUT LIFE AS A PERFORMER IN NEW YORK CITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountMISCELLANEOUS 1,360
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountPROGRAM EXPENSES 59,196WEBSITE 269FRIENDS & FAMILY EXPENSES 450BANK CHGS & OTHER FEES 642MEETINGS 730LICENSE & REGISTRATION 75MISCELLANEOUS 210OFFICE SUPPLIES & SOFTWARE 850
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearPREPAID EXPENSES 2,752 9,294
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Category Beginning of Year End of YearDEFERRED REVENUE 1,400 6,300ACCOUNTS PAYABLE 0 1,800ACCRUED EXPENSES 0 7,087
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BONDING EVENTS - THESE ARE OFFERED THROUGHOUT THE YEAR, TO KEEP THE PERFORMERS CONNECTED AND HAVING FUN, WHILE TOUCHING ON TOPICS OF BULLYING AND CONFLICT RESOLUTION. THESE INCLUDE SOME EVENING BONDING EVENTS, SOME IN THE AFTERNOON, AND EVEN AN OVERNIGHT LOCK-IN, WHICH THE CHILDREN ALL LOOK FORWARD TO EACH YEAR.SCHOLARSHIPS - THE SRC WAS ABLE TO PROVIDE 28 DANCERS WITH SCHOLARSHIPS FOR EXTRAORDINARY EFFORT THROUGHOUT THE YEAR. AMOUNTS AWARDED RANGED FROM $50 TO $500. THE SCHOLARSHIPS NEED TO BE USED WITHIN 1 YEAR OF THE DATE AWARDED, AND MUST BE USED FOR DANCE OR PERFORMING ARTS PROGRAMS/EXPENSES. ANOTHER WAY THE SRC HAS BEEN ABLE TO HELP FURTHER EDUCATE OUR PERFORMERS IS BY PURCHASING VIDEOS FROM THE COMPETITIONS THEY ATTEND. THE VIDEOS ARE THEN WATCHED IN CLASS, SO THAT THE CHILDREN CAN CRITIQUE THEMSELVES, AND SEE WHERE THEY NEED TO IMPROVE FOR THEIR NEXT PERFORMANCE. THIS HAS BEEN A GREAT TOOL FOR THE DANCERS AND TEACHERS TO USE!THE SRC ALSO HOSTED AN END OF YEAR RECITAL IN WHICH THE DANCERS ARE PROUD TO SHOW OFF THEIR SKILLS AND DANCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6(A) DID THE ORGANIZATION, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT - NO(B) DID THE ORGANIZATION, DURING THE YEAR, PAY PREMIUMS, DIRECTLY OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT - NO
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other program services Part III line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Personal benefit contract statement Part V
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.05$0.09$0.37$0.42$0.05
2023Summary only. Only limited summary data is available for this year.$0.20$0.07$0.34$0.35$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.19$0.05$0.14$0.32$0.38$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.14$0.10$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.01$0.24$0.32$0.38$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.45$0.15$0.30$0.56$0.66$0.10
2019Summary only. Only limited summary data is available for this year.$0.45$0.15$0.56$0.66$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.01$0.40$0.31$0.50$0.19
2017Summary only. Only limited summary data is available for this year.$0.59$0.00$0.57$0.63$0.06
2016Summary only. Only limited summary data is available for this year.$0.65$0.00$0.48$0.55$0.07
2015Summary only. Only limited summary data is available for this year.$0.72$0.00$1.25$1.07$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.90$0.87$0.04
2013Summary only. Only limited summary data is available for this year.$0.52$0.00$0.88$0.88$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.00$0.53$1.06$1.02$0.04
2011Summary only. Only limited summary data is available for this year.$0.48$0.00$1.19$0.89$0.30