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
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
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
- admin: 10%
- programs: 80%
- fundraising: 10%
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:
- Operational deficit in the most recent filing (202306) where expenses exceeded revenue by $168,938.
- Unusually low (0%) reported officer compensation, which might indicate compensation is handled by an affiliated entity or through non-cash means not fully transparent in these filings.
Strengths
The following positive indicators were identified for Dance Theatre Of Harlem Inc:
- Significant asset growth from $7.9 million in 2019 to $26.7 million currently, indicating strong financial stewardship.
- Consistent reporting of 0% officer compensation, suggesting a high dedication to mission and efficient use of funds.
- Long history of consistent IRS 990 filings, demonstrating transparency and accountability.
- Generally stable financial operations with expenses often below or close to revenue, indicating good financial management.
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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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
- 2023: Revenue of $7.5M, expenses of $7.7M, and assets of $25.3M (revenue +5.1% year-over-year).
- 2022: Revenue of $7.2M, expenses of $6.2M, and assets of $25.3M (revenue -62.4% year-over-year).
- 2021: Revenue of $19.0M, expenses of $4.3M, and assets of $24.4M (revenue +183.4% year-over-year).
- 2020: Revenue of $6.7M, expenses of $5.2M, and assets of $9.2M (revenue +7.8% year-over-year).
- 2019: Revenue of $6.2M, expenses of $6.3M, and assets of $7.9M (revenue -12.6% year-over-year).
- 2018: Revenue of $7.1M, expenses of $5.9M, and assets of $8.1M (revenue +36.8% year-over-year).
- 2017: Revenue of $5.2M, expenses of $5.5M, and assets of $6.9M (revenue -13.8% year-over-year).
- 2016: Revenue of $6.0M, expenses of $5.1M, and assets of $7.2M (revenue +11.3% year-over-year).
- 2015: Revenue of $5.4M, expenses of $5.2M, and assets of $7.0M (revenue +16.7% year-over-year).
- 2014: Revenue of $4.7M, expenses of $5.5M, and assets of $6.4M (revenue -4.5% year-over-year).
- 2013: Revenue of $4.9M, expenses of $5.5M, and assets of $7.0M (revenue +29.4% year-over-year).
- 2012: Revenue of $3.8M, expenses of $4.4M, and assets of $7.8M (revenue -30.4% year-over-year).
- 2011: Revenue of $5.4M, expenses of $3.9M, and assets of $8.5M.
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.