Civic Intelligence

Florida Dance Theatre Inc.

990 • Fiscal year 2016 • EIN 59-3263127

Jul 01, 2015 to Jun 30, 2016 • Filed on May 14, 2017

PO Box 831Lakeland, FL 33802

(863) 802-0399

Siviq Scores

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

Liabilities / Assets

95th percentile

1.20x

Higher debt load relative to assets than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

83rd percentile

0.12x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

22nd percentile

-12%

Higher net margin than 22% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

89th percentile

$37,500

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

10th percentile

-43%

Faster asset growth than 10% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

42nd percentile

-4.1%

Faster revenue growth than 42% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$29,462

Down $22,525 (-43%) from 2015

Net Assets

Down

-$5,945

Down $34,676 (-121%) from 2015

Liabilities

Up

$35,407

Up $12,151 (+52%) from 2015

Revenue

Down

$295,316

Down $12,694 (-4.1%) from 2015

Expenses

Down

$329,992

Down $11,530 (-3.4%) from 2015

Net Income

Down

-$34,676

Down $1,164 (-3.5%) from 2015

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2010: $24,692Liabilities 2010: $38,431Net Assets 2010: -$13,7392010Assets 2011: $31,142Liabilities 2011: $44,923Net Assets 2011: -$13,7812011Assets 2012: $20,945Liabilities 2012: $46,669Net Assets 2012: -$25,7242012Assets 2013: $86,059Liabilities 2013: $41,727Net Assets 2013: $44,3322013Assets 2014: $80,834Liabilities 2014: $18,591Net Assets 2014: $62,2432014Assets 2015: $51,987Liabilities 2015: $23,256Net Assets 2015: $28,7312015Assets 2016: $29,462Liabilities 2016: $35,407Net Assets 2016: -$5,9452016Assets 2017: $31,277Liabilities 2017: $40,672Net Assets 2017: -$9,3952017Assets 2018: $30,004Liabilities 2018: $45,038Net Assets 2018: -$15,0342018Assets 2019: $14,640Liabilities 2019: $69,750Net Assets 2019: -$55,1102019Assets 2020: $37,413Liabilities 2020: $111,687Net Assets 2020: -$74,2742020Assets 2021: $19,130Liabilities 2021: $107,111Net Assets 2021: -$87,9812021Assets 2022: $30,959Liabilities 2022: $87,704Net Assets 2022: -$56,7452022Assets 2023: $16,249Liabilities 2023: $125,135Net Assets 2023: -$108,8862023Assets 2024: $3,798Liabilities 2024: $58,661Net Assets 2024: -$54,8632024

Highlighted filing

2016

Assets$29,462
Liabilities$35,407
Net Assets-$5,945

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $257,020Expenses 2010: $241,992Net Income 2010: $15,0282010Revenue 2011: $238,556Expenses 2011: $238,598Net Income 2011: -$422011Revenue 2012: $241,709Expenses 2012: $253,652Net Income 2012: -$11,9432012Revenue 2013: $310,435Expenses 2013: $286,294Net Income 2013: $24,1412013Revenue 2014: $343,566Expenses 2014: $324,487Net Income 2014: $19,0792014Revenue 2015: $308,010Expenses 2015: $341,522Net Income 2015: -$33,5122015Revenue 2016: $295,316Expenses 2016: $329,992Net Income 2016: -$34,6762016Revenue 2017: $307,150Expenses 2017: $310,600Net Income 2017: -$3,4502017Revenue 2018: $272,716Expenses 2018: $278,355Net Income 2018: -$5,6392018Revenue 2019: $257,480Expenses 2019: $297,556Net Income 2019: -$40,0762019Revenue 2020: $264,530Expenses 2020: $282,516Net Income 2020: -$17,9862020Revenue 2021: $208,321Expenses 2021: $249,516Net Income 2021: -$41,1952021Revenue 2022: $339,888Expenses 2022: $308,652Net Income 2022: $31,2362022Revenue 2023: $283,046Expenses 2023: $335,187Net Income 2023: -$52,1412023Revenue 2024: $113,894Expenses 2024: $120,679Net Income 2024: -$6,7852024

Highlighted filing

2016

Revenue$295,316
Expenses$329,992
Net Income-$34,676
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 14, 2017
Return Version
2015v3.0
Gross Receipts
$295,316
Mission and Program Overview

Mission

Florida dance theatre believes that through dance training, the students can achieve the mental and physical discipline necessary to succeed in dance and other endeavors in todays world. In addition, the organization recognizes the importance of artistic influence in the devel

Florida dance theatre believes that through dance training, the students can achieve the mental and physical discipline necessary to succeed in dance and other endeavors in todays world. In addition, the organization recognizes the importance of artistic influence in the development and growth of our community. This goal is achieved through public performance, education and community outreach.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$17,893$23,393▲ $5,500
Investments Other Securities$35,112$20,323▼ $14,789
Cash and Non-Interest-Bearing Accounts$11,550$4,639▼ $6,911
Savings and Temporary Cash Investments$525--
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$51,987$29,462▼ $22,525
Other Assets Total$4,800$4,500▼ $300
Liabilities
Accounts Payable and Accrued Expenses$3,089$9,859▲ $6,770
Other Liabilities$2,274$2,155▼ $119
Total Liabilities$23,256$35,407▲ $12,151
Net Assets / Fund Balance
Temporarily Rstr Net Assets$35,112$20,323▼ $14,789
Unrestricted Net Assets$-6,381$-26,268▼ $19,887
Total Net Assets Fund Balance$28,731$-5,945▼ $34,676
Total Liabilities and Net Assets / Fund Balance$51,987$29,462▼ $22,525

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$8,129$8,129
Other Land Buildings$0$1,399$1,399
Other Assets Org$4,500--
Other Securities$20,323--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carol ErkesExecutive DirectorFT$37,500$37,500

Board Members and Trustees

NameTitle
Dara BroomfieldPresident
Nicki TuckerVice President
Elsa NailDirector
Scott SjoblomDirector
Jaimi MillerSecretary
Kerrie HallSecretary
Suzanne EschrichTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$94,715
Program Service Revenue
$200,374
Investment Income
$227
Other Revenue
$0
All Other Contributions
$20,306
Change in Net Assets
$-34,676
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$205,773
Other Expenses$124,219
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$146,095$6,533-$152,628
Occupancy$34,730$14,884-$49,614
Current Officers, Directors, Trustees, and Key Employees$27,500$10,000-$37,500
Payroll Taxes$14,322$1,323-$15,645
Insurance-$13,792-$13,792
Advertising$9,484--$9,484
Travel$6,372--$6,372
Office Expenses$5,604--$5,604
All Other Expenses$4,904--$4,904
Other Expenses$2,136--$2,136
Interest$1,409--$1,409
Information Technology$821--$821
Total Functional Expenses$283,460$46,532$0$329,992
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$17,893$23,393▲ $5,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$1,248
Payroll Tax Liabilty$907
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

NO PROCESS IN PLACE

Form 990, Part VI, Section C, Line 19

Florida dance theatre makes its governing documents, policies and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Florida Dance Theatre Inc
EIN
59-3263127
Phone
8638020399
Address
PO BOX 831, LAKELAND, FL 33802

Signing Officer

Name
Carol Erkes
Title
Executive Director
Phone
8638020399
Signed
2017-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Erkes
Formed
1993
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
30

Preparer

Firm
Farnsworth & Mullins Pa Cpas
Address
PO BOX 2835, LAKELAND, FL 33806
Preparer
Jennifer E Royal
Phone
8638028291
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0227
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0264
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99930
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt0393525
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt094715
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt068497
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt083802
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt085088
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt061423
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0393525
IRS990ScheduleA/TotalSupportAmt0393789
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08129
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08129
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REFUNDABLE DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01399
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01399
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0907
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11248
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAX LIABILTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTOMER DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt020323
IRS990ScheduleD/OtherSecuritiesGrp/Desc0COMMUNITY FOUNDATION END FUND-TEMP REST
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04500
IRS990ScheduleD/TotalBookValueSecuritiesAmt020323
IRS990ScheduleD/TotalLiabilityAmt02155
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt023393
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0CAROL ERKES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt04643
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt023393
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO PROCESS IN PLACE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FLORIDA DANCE THEATRE MAKES ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt035112
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt020323
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt051987
IRS990/TotalAssetsEOYAmt029462
IRS990/TotalAssetsGrp/BOYAmt051987
IRS990/TotalAssetsGrp/EOYAmt029462
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt094715
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt046532
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0283460
IRS990/TotalFunctionalExpensesGrp/TotalAmt0329992
IRS990/TotalGrossUBIAmt0227
IRS990/TotalLiabilitiesBOYAmt023256
IRS990/TotalLiabilitiesEOYAmt035407
IRS990/TotalLiabilitiesGrp/BOYAmt023256
IRS990/TotalLiabilitiesGrp/EOYAmt035407
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt028731
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-5945
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0283460
IRS990/TotalProgramServiceRevenueAmt0200374
IRS990/TotalReportableCompFromOrgAmt037500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0200374
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0295316
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0227
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt051987
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt029462
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt06372
IRS990/TravelGrp/TotalAmt06372
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-6381
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-26268
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 831
IRS990/USAddress/CityNm0LAKELAND
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033802
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.FLORIDADANCETHEATRE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROL ERKES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08638020399
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLORIDA DANCE THEATRE INC
ReturnHeader/Filer/BusinessNameControlTxt0FLOR
ReturnHeader/Filer/EIN0593263127
ReturnHeader/Filer/PhoneNum08638020399
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 831
ReturnHeader/Filer/USAddress/CityNm0LAKELAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033802
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201726720
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FARNSWORTH & MULLINS PA CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2835
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033806
ReturnHeader/PreparerPersonGrp/PhoneNum08638028291
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNIFER E ROYAL
ReturnHeader/ReturnTs02017-05-14T11:06:27-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.04$0.59$0.55$1.14$1.21$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.16$1.25$1.09$2.83$3.35$0.52
2022Detailed filing. Detailed filing data is available for this year.$0.31$0.88$0.57$3.40$3.09$0.31
2021Detailed filing. Detailed filing data is available for this year.$0.19$1.07$0.88$2.08$2.50$0.41
2020Detailed filing. Detailed filing data is available for this year.$0.37$1.12$0.74$2.65$2.83$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.15$0.70$0.55$2.57$2.98$0.40
2018Detailed filing. Detailed filing data is available for this year.$0.30$0.45$0.15$2.73$2.78$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.31$0.41$0.09$3.07$3.11$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.29$0.35$0.06$2.95$3.30$0.35
2015Summary only. Only limited summary data is available for this year.$0.52$0.23$0.29$3.08$3.42$0.34
2014Summary only. Only limited summary data is available for this year.$0.81$0.19$0.62$3.44$3.24$0.19
2013Summary only. Only limited summary data is available for this year.$0.86$0.42$0.44$3.10$2.86$0.24
2012Summary only. Only limited summary data is available for this year.$0.21$0.47$0.26$2.42$2.54$0.12
2011Summary only. Only limited summary data is available for this year.$0.31$0.45$0.14$2.39$2.39$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.38$0.14$2.57$2.42$0.15