Civic Intelligence

Alaska Dance Theatre Inc.

990 • Fiscal year 2017 • EIN 92-0082397

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 10, 2017

550 E 33rd AvenueAnchorage, AK 99503

(907) 277-9591

Siviq Scores

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

Liabilities / Assets

35th percentile

0.03x

Higher debt load relative to assets than 35% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

52nd percentile

0.11x

Higher debt load relative to revenue than 52% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

55th percentile

4.9%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

44th percentile

$48,731

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

47th percentile

2.2%

Faster asset growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,778,258

Up $59,986 (+2.2%) from 2016

Net Assets

Up

$2,697,574

Up $36,030 (+1.4%) from 2016

Liabilities

Up

$80,684

Up $23,956 (+42%) from 2016

Revenue

Up

$731,058

Up $95,588 (+15%) from 2016

Expenses

Down

$695,028

Down $62,616 (-8.3%) from 2016

Net Income

Up

$36,030

Up $158,204 (+129%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $3,308,989Liabilities 2012: $102,563Net Assets 2012: $3,206,4262012Assets 2013: $3,099,562Liabilities 2013: $67,095Net Assets 2013: $3,032,4672013Assets 2014: $2,940,021Liabilities 2014: $48,696Net Assets 2014: $2,891,3252014Assets 2015: $2,853,507Liabilities 2015: $69,789Net Assets 2015: $2,783,7182015Assets 2016: $2,718,272Liabilities 2016: $56,728Net Assets 2016: $2,661,5442016Assets 2017: $2,778,258Liabilities 2017: $80,684Net Assets 2017: $2,697,5742017Assets 2019: $2,909,097Liabilities 2019: $108,297Net Assets 2019: $2,800,8002019Assets 2020: $2,864,057Liabilities 2020: $172,990Net Assets 2020: $2,691,0672020Assets 2021: $2,832,761Liabilities 2021: $146,098Net Assets 2021: $2,686,6632021Assets 2022: $2,647,842Liabilities 2022: $46,609Net Assets 2022: $2,601,2332022Assets 2023: $2,538,313Liabilities 2023: $20,544Net Assets 2023: $2,517,7692023Assets 2024: $2,603,295Liabilities 2024: $51,697Net Assets 2024: $2,551,5982024

Highlighted filing

2017

Assets$2,778,258
Liabilities$80,684
Net Assets$2,697,574

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $891,246Expenses 2012: $1,003,797Net Income 2012: -$112,5512012Revenue 2013: $788,499Expenses 2013: $962,603Net Income 2013: -$174,1042013Revenue 2014: $671,532Expenses 2014: $812,646Net Income 2014: -$141,1142014Revenue 2015: $671,457Expenses 2015: $779,064Net Income 2015: -$107,6072015Revenue 2016: $635,470Expenses 2016: $757,644Net Income 2016: -$122,1742016Revenue 2017: $731,058Expenses 2017: $695,028Net Income 2017: $36,0302017Revenue 2019: $928,308Expenses 2019: $884,603Net Income 2019: $43,7052019Revenue 2020: $709,329Expenses 2020: $819,062Net Income 2020: -$109,7332020Revenue 2021: $739,962Expenses 2021: $757,494Net Income 2021: -$17,5322021Revenue 2022: $799,808Expenses 2022: $885,238Net Income 2022: -$85,4302022Revenue 2023: $806,325Expenses 2023: $847,676Net Income 2023: -$41,3512023Revenue 2024: $967,008Expenses 2024: $933,179Net Income 2024: $33,8292024

Highlighted filing

2017

Revenue$731,058
Expenses$695,028
Net Income$36,030
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$736,554
Mission and Program Overview

Mission

Alaska Dance Theatre is a Not-For-Profit school of dance, and performing company, committed to promoting dance through professional education, performance and advocacy in Alaska.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,579,975$2,493,619▼ $86,356
Cash and Non-Interest-Bearing Accounts$38,171$198,063▲ $159,892
Savings and Temporary Cash Investments$63,018$63,056▲ $38
Prepaid Expenses and Deferred Charges$14,403$13,735▼ $668
Pledges and Grants Receivable$7,483$5,705▼ $1,778
Accounts Receivable$15,222$4,080▼ $11,142
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,718,272$2,778,258▲ $59,986
Other Assets Total-$0-
Liabilities
Deferred Revenue$11,081$50,714▲ $39,633
Accounts Payable and Accrued Expenses$35,858$22,657▼ $13,201
Other Liabilities$9,789$7,313▼ $2,476
Total Liabilities$56,728$80,684▲ $23,956
Net Assets / Fund Balance
Unrestricted Net Assets$2,646,544$2,680,074▲ $33,530
Temporarily Rstr Net Assets$15,000$17,500▲ $2,500
Total Net Assets Fund Balance$2,661,544$2,697,574▲ $36,030
Total Liabilities and Net Assets / Fund Balance$2,718,272$2,778,258▲ $59,986

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,744,496$732,896$2,477,392
Land$675,000-$675,000
Leasehold Improvements$51,221$196,003$247,224
Other Land Buildings$14,037$125,790$139,827
Equipment$8,865$41,832$50,697
Compensation and Service Providers

Employees

NameTitleBaseTotal
Chelsea HigginsExecutive Director$48,731$48,731
Niki MapleDirector$47,615$47,615
Farah CanaleDirector$45,211$45,211
Jenni MillsDirector$41,528$41,528

Board Members and Trustees

NameTitle
Jonathan WhiteChairman
Krista SchwartingChairman
Nicole DunneChairman
Suzanne La PierreChairman
Maryann FrazierPresident
Darci Ahlin-StierenVice President
Annette TriggsSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$48,832
Program Service Revenue
$667,105
Investment Income
$283
Other Revenue
$14,838
All Other Contributions
$48,832
Change in Net Assets
$36,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$398,774
Other Expenses$288,004
Grants and Similar Amounts Paid$8,250
Total Fundraising Expense$540
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$187,942--$187,942
Current Officers, Directors, Trustees, and Key Employees$183,085--$183,085
Depreciation Depletion$67,654$20,564$540$88,758
All Other Expenses$49,647$7,983-$57,630
Payroll Taxes$16,874$10,873-$27,747
Insurance$8,945$10,438-$19,383
Other Expenses$18,298$173-$18,298
Advertising$17,631--$17,631
Grants to Domestic Individuals$8,250--$8,250
Occupancy$6,651$898-$7,549
Travel$7,149--$7,149
Office Expenses$2,049$1,560-$3,609
Fees for Services Other-$1,598-$1,598
Interest$320$320-$640
Total Functional Expenses$625,158$69,330$540$695,028
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,720
Fundraising Direct Expenses$5,496
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Holiday Ball$11,908$11,908$5,180$6,728
Total Events$11,908$11,908$5,180$6,728
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Equipment Lease Payable$7,312
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The board is provided an opportunity to review the tax return at its regular meeting prior to the tax return's filing.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Executive director participates in an annual employement review. Compensation is set as part of the budget process.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Alaska Dance Theatre Inc
EIN
92-0082397
Phone
9072779591
Address
550 E 33rd Avenue, Anchorage, AK 99503

Signing Officer

Name
Maryann Frazier
Title
President
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
1981
Legal Domicile
Ak
Voting Board Members
11
Independent Board Members
7
Employees
35
Volunteers
100

Preparer

Firm
Beltrami & Associates PC
Address
3825 Spenard Road, Anchorage, AK 99517
Preparer
Marja Beltrami
Phone
9073459695
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IRS990/MissionDesc0Alaska Dance Theatre is a Not-For-Profit school of dance, and performing company, committed to promoting dance through professional education, performance and advocacy in Alaska.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02661544
IRS990/NetAssetsOrFundBalancesEOYAmt02697574
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt010224
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0898
IRS990/OccupancyGrp/ProgramServicesAmt06651
IRS990/OccupancyGrp/TotalAmt07549
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01560
IRS990/OfficeExpensesGrp/ProgramServicesAmt02049
IRS990/OfficeExpensesGrp/TotalAmt03609
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Janitorial Services
IRS990/OtherExpensesGrp/Desc1Utilities
IRS990/OtherExpensesGrp/Desc2Bank fees
IRS990/OtherExpensesGrp/Desc3Costumes
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03900
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111023
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2173
IRS990/OtherExpensesGrp/ProgramServicesAmt020812
IRS990/OtherExpensesGrp/ProgramServicesAmt111507
IRS990/OtherExpensesGrp/ProgramServicesAmt218344
IRS990/OtherExpensesGrp/ProgramServicesAmt318298
IRS990/OtherExpensesGrp/TotalAmt024712
IRS990/OtherExpensesGrp/TotalAmt122530
IRS990/OtherExpensesGrp/TotalAmt218517
IRS990/OtherExpensesGrp/TotalAmt318298
IRS990/OtherLiabilitiesGrp/BOYAmt09789
IRS990/OtherLiabilitiesGrp/EOYAmt07313
IRS990/OtherRevenueMiscGrp/BusinessCd0711120
IRS990/OtherRevenueMiscGrp/BusinessCd1711120
IRS990/OtherRevenueMiscGrp/BusinessCd2711120
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Income
IRS990/OtherRevenueMiscGrp/Desc1Rental Income
IRS990/OtherRevenueMiscGrp/Desc2Showcase advertising
IRS990/OtherRevenueMiscGrp/ExclusionAmt0765
IRS990/OtherRevenueMiscGrp/ExclusionAmt11799
IRS990/OtherRevenueMiscGrp/ExclusionAmt22050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0765
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11799
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt22050
IRS990/OtherRevenueTotalAmt04614
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0187942
IRS990/OtherSalariesAndWagesGrp/TotalAmt0187942
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010873
IRS990/PayrollTaxesGrp/ProgramServicesAmt016874
IRS990/PayrollTaxesGrp/TotalAmt027747
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt07483
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05705
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014403
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013735
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711120
IRS990/ProgramServiceRevenueGrp/Desc0Program Service Revenue
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0667105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0667105
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt066216
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt07695
IRS990/PYInvestmentIncomeAmt0145
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0328139
IRS990/PYOtherRevenueAmt0-2016
IRS990/PYProgramServiceRevenueAmt0571125
IRS990/PYRevenuesLessExpensesAmt0-122174
IRS990/PYSalariesCompEmpBnftPaidAmt0421810
IRS990/PYTotalExpensesAmt0757644
IRS990/PYTotalRevenueAmt0635470
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt036030
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0675685
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt063018
IRS990/SavingsAndTempCashInvstGrp/EOYAmt063056
IRS990ScheduleA/SchoolInd0X
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/BuildingsGrp/BookValueAmt01744496
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0732896
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02477392
IRS990ScheduleD/EquipmentGrp/BookValueAmt08865
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041832
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt050697
IRS990ScheduleD/LandGrp/BookValueAmt0675000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0675000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt051221
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0196003
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0247224
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014037
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0125790
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0139827
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07312
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Equipment Lease Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02493619
IRS990ScheduleD/TotalLiabilityAmt07313
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATION POLICY IS INCLUDED IN MARKETING MATERIALS & SCHOLARSHIP APPLICATIONS. IT IS THE POLICY OF THE SCHOOL TO SEEK A DIVERSE STUDENT BODY REPRESENTATIVE OF THE COMMUNITY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT MAINTAIN RECORDS INDICATING THE RACIAL COMPOSITION OF THE STUDENT BODY, FACULTY, OR STAFF.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.60$0.05$2.55$0.97$0.93$0.03
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.02$2.52$0.81$0.85$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.05$2.60$0.80$0.89$0.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$0.15$2.69$0.74$0.76$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.86$0.17$2.69$0.71$0.82$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.11$2.80$0.93$0.88$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.78$0.08$2.70$0.73$0.70$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.72$0.06$2.66$0.64$0.76$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$0.07$2.78$0.67$0.78$0.11
2014Summary only. Only limited summary data is available for this year.$2.94$0.05$2.89$0.67$0.81$0.14
2013Summary only. Only limited summary data is available for this year.$3.10$0.07$3.03$0.79$0.96$0.17
2012Summary only. Only limited summary data is available for this year.$3.31$0.10$3.21$0.89$1.00$0.11