Dance Theatre Of Harlem Inc

Dance Theatre Of Harlem Inc shows strong asset growth and no reported officer compensation over the past decade.

EIN: 132642091 · New York, NY · NTEE: A630 · Updated: 2026-03-28

$9.6MRevenue
$26.8MAssets
90/100Mission Score (Excellent)
A630

About Dance Theatre Of Harlem Inc

Dance Theatre Of Harlem Inc (EIN: 132642091) is a nonprofit organization based in New York, NY, classified under NTEE code A630. The organization reported total revenue of $9.6M and total assets of $26.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dance Theatre Of Harlem Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Dance Theatre Of Harlem Inc demonstrates a generally stable financial position with significant asset growth over the past few years, from $7.9 million in 2019 to $26.7 million currently. While revenue has fluctuated, notably a spike to $19 million in 2021, the organization has consistently managed its expenses, often operating with a surplus or a minor deficit. The most recent filing (202306) shows expenses slightly exceeding revenue ($7,685,855 vs $7,516,917), indicating a slight operational deficit for that period. However, the overall trend in assets suggests strong financial management and potentially successful fundraising efforts contributing to long-term stability. The organization's spending efficiency appears sound, with no reported officer compensation in any of the provided filings, which is a strong indicator of efficient use of funds and a commitment to mission over executive pay. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio cannot be calculated, but the absence of officer compensation is a positive sign for donor confidence. The consistent growth in assets also suggests effective stewardship of resources. Transparency is high regarding executive compensation, as the filings consistently report 0% officer compensation. This level of transparency is commendable and builds trust. The consistent filing of IRS Form 990s over many years further demonstrates a commitment to public accountability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Dance Theatre Of Harlem Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Dance Theatre Of Harlem Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with nearly $10 million in annual revenue and over $26 million in assets, suggesting either a unique compensation structure (e.g., all officers are volunteers or compensated by an affiliated entity not reported here) or an exceptional commitment to minimizing overhead.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Dance Theatre Of Harlem Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Dance Theatre Of Harlem Inc:

Frequently Asked Questions about Dance Theatre Of Harlem Inc

Is Dance Theatre Of Harlem Inc a good charity?

Based on the provided data, Dance Theatre Of Harlem Inc appears to be a good charity. It demonstrates strong financial health with significant asset growth, consistent IRS 990 filings, and notably, zero reported officer compensation, which suggests a high dedication to its mission and efficient use of funds.

How has Dance Theatre Of Harlem Inc's financial health changed over time?

Dance Theatre Of Harlem Inc's financial health has significantly improved, particularly in asset growth. Assets have grown from $7.9 million in 2019 to $26.7 million currently. Revenue has fluctuated, with a notable peak of $19 million in 2021, but expenses have generally been managed well, leading to overall financial stability and growth.

What is the organization's approach to executive compensation?

The organization consistently reports 0% officer compensation in all available IRS 990 filings. This indicates a highly unusual and commendable approach to executive pay, suggesting either a volunteer leadership model or compensation handled through an unlisted affiliate, which would require further investigation for full clarity.

Are there any concerns about the organization's spending?

While the overall financial picture is positive, the most recent filing (202306) shows expenses ($7,685,855) slightly exceeding revenue ($7,516,917), resulting in a minor operational deficit for that period. This is a minor concern if it becomes a consistent trend, but it's offset by strong asset reserves.

Filing History

IRS 990 filing history for Dance Theatre Of Harlem Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Dance Theatre Of Harlem Inc's revenue has grown by 38.9%, moving from $5.4M to $7.5M. Total assets increased by 198.6% over the same period, from $8.5M to $25.3M. Total functional expenses rose by 95.4%, from $3.9M to $7.7M. In its most recent filing year (2023), Dance Theatre Of Harlem Inc reported a deficit of $169K, with expenses exceeding revenue. The organization holds $543K in liabilities against $25.3M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $24.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $7.5M $7.7M $25.3M $543K View 990
2022 $7.2M $6.2M $25.3M $676K View 990
2021 $19.0M $4.3M $24.4M $754K View 990
2020 $6.7M $5.2M $9.2M $359K View 990
2019 $6.2M $6.3M $7.9M $611K View 990
2018 $7.1M $5.9M $8.1M $653K View 990
2017 $5.2M $5.5M $6.9M $654K View 990
2016 $6.0M $5.1M $7.2M $639K View 990
2015 $5.4M $5.2M $7.0M $1.6M View 990
2014 $4.7M $5.5M $6.4M $1.2M View 990
2013 $4.9M $5.5M $7.0M $1.0M View 990
2012 $3.8M $4.4M $7.8M $1.1M View 990
2011 $5.4M $3.9M $8.5M $1.1M View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Dance Theatre Of Harlem Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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