Civic Intelligence

24 7 Dance Studio Student Repertory Company

990EZ • Fiscal year 2020 • EIN 57-1153442

Sep 01, 2019 to Aug 31, 2020 • Filed on Jan 12, 2021

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

68th percentile

0.03x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

67th percentile

0.03x

Higher debt load relative to revenue than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

23rd percentile

-17%

Higher net margin than 23% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

10th percentile

-44%

Faster asset growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

27th percentile

-42%

Faster revenue growth than 27% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$25,180

Down $19,731 (-44%) from 2019

Net Assets

$24,355

No earlier filing loaded for comparison.

Liabilities

Down

$825

Down $14,362 (-95%) from 2019

Revenue

Down

$32,272

Down $23,400 (-42%) from 2019

Expenses

Down

$37,641

Down $28,298 (-43%) from 2019

Net Income

Up

-$5,369

Up $4,898 (+48%) 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: $15,1872019Assets 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

2020

Assets$25,180
Liabilities$825
Net Assets$24,355

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 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

2020

Revenue$32,272
Expenses$37,641
Net Income-$5,369
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jan 12, 2021
Return Version
2019v5.1
Gross Receipts
$44,320
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
SCHOLARSHIPS - THE SRC WAS ABLE TO PROVIDE 80 DANCERS WITH SCHOLARSHIPS FOR EXTRAORDINARY EFFORT THROUGHOUT THE YEAR AND THEIR (CONTD ON SCHEDULE O)-$26,775
WORKSHOPS - THE SRC SUPPORTS A VARIETY OF WORKSHOPS FOR OUR PERFORMERS THROUGHOUT THE YEAR. A MAKEUP WORKSHOP, WAS PROVIDED(CONTD ON SCHEDULE O)-$6,664
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HEATHER BAILEYVice President-$0--
JOY TANNERSecretary-$0--
MIKE TREADWELLTreasurer-$0--
ABBY GEARHARTDirector-$0--
SHELLY KAMINSKIDirector-$0--
JENNIFER IRONSDirector-$0--
GINA KORRELLDirector-$0--
KIMBERLY WINKLERPresident-$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
2021-01-12
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 january, the src funded a winter extreme 14 workshop which is a one day workshop all children 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. Typically, the src hosts a summer extreme and headshot workshop. Due to the covid 19 pandemic, these programs were cancelled. The summer extreme is a full week of classes. In the headshot workshop, students are taught how to construct a dance resume and a professional photographer takes headshots of the performers to accompany their resumes. Part iii no. 29(contd)- adaptability skills in the face of covid 19, for a total of $26,775. The amount awarded was significantly higher than past years due to the cancellation of the summer extreme. The scholarships need to be used within 1 year of the date awarded, and must be used for dance or performing arts programs/expenses.

Description of other revenue Part I line 8

Description AmountMISCELLANEOUS 288

Description of other expenses Part I line 16

Description AmountPROGRAM EXPENSES 33,439WEBSITE 141FRIENDS & FAMILY EXPENSES 597BANK CHGS & OTHER FEES 55MEETINGS 65LICENSE & REGISTRATION 450POSTAGE 29OFFICE SUPPLIES & SOFTWARE 830INSURANCE 475MISCELLANEOUS 55

Description of other assets Part II line 24

Category Beginning of Year End of YearPREPAID EXPENSES 9,294 9,649

Description of total liabilities Part II line 26

Category Beginning of Year End of YearDEFERRED REVENUE 6,300 275ACCOUNTS PAYABLE 1,800 0ACCRUED EXPENSES 7,087 550

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 Appendix227 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 JANUARY, THE SRC FUNDED A WINTER EXTREME 14 WORKSHOP WHICH IS A ONE DAY WORKSHOP ALL CHILDREN 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. TYPICALLY, THE SRC HOSTS A SUMMER EXTREME AND HEADSHOT WORKSHOP. DUE TO THE COVID 19 PANDEMIC, THESE PROGRAMS WERE CANCELLED. THE SUMMER EXTREME IS A FULL WEEK OF CLASSES. IN THE HEADSHOT WORKSHOP, STUDENTS ARE TAUGHT HOW TO CONSTRUCT A DANCE RESUME AND A PROFESSIONAL PHOTOGRAPHER TAKES HEADSHOTS OF THE PERFORMERS TO ACCOMPANY THEIR RESUMES. PART III NO. 29(CONTD)- ADAPTABILITY SKILLS IN THE FACE OF COVID 19, FOR A TOTAL OF $26,775. THE AMOUNT AWARDED WAS SIGNIFICANTLY HIGHER THAN PAST YEARS DUE TO THE CANCELLATION OF THE SUMMER EXTREME. THE SCHOLARSHIPS NEED TO BE USED WITHIN 1 YEAR OF THE DATE AWARDED, AND MUST BE USED FOR DANCE OR PERFORMING ARTS PROGRAMS/EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountMISCELLANEOUS 288
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountPROGRAM EXPENSES 33,439WEBSITE 141FRIENDS & FAMILY EXPENSES 597BANK CHGS & OTHER FEES 55MEETINGS 65LICENSE & REGISTRATION 450POSTAGE 29OFFICE SUPPLIES & SOFTWARE 830INSURANCE 475MISCELLANEOUS 55
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearPREPAID EXPENSES 9,294 9,649
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Category Beginning of Year End of YearDEFERRED REVENUE 6,300 275ACCOUNTS PAYABLE 1,800 0ACCRUED EXPENSES 7,087 550
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5(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/FormAndLineReferenceDesc5Personal benefit contract statement Part V
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0247 DANCE STUDIO STUDENT REPERTORY COMPANY
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021773
ReturnHeader/PreparerPersonGrp/PhoneNum03017480063
ReturnHeader/PreparerPersonGrp/PreparationDt02021-01-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA FRUSHOUR
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-01-13T14:26:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-09-01
ReturnHeader/TaxPeriodEndDt02020-08-31
ReturnHeader/TaxYr02019

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
2020Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.24$0.32$0.38$0.05
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