Jeslyn Dance Gallery Inc
Jeslyn Dance Gallery Inc. shows inconsistent financial performance with recent significant revenue decline.
EIN: 202038943 · Huntington, WV · NTEE: A62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1K |
| Total Expenses | $44K |
| Program Spending | 70% |
| Net Assets | $23K |
| Transparency Score | 55/100 |
Is Jeslyn Dance Gallery Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jeslyn Dance Gallery Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Jeslyn Dance Gallery Inc
Jeslyn Dance Gallery Inc (EIN: 202038943) is a nonprofit organization based in Huntington, WV, classified under NTEE code A62. The organization reported total revenue of $1K and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jeslyn Dance Gallery Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jeslyn Dance Gallery Inc is a micro nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $44K |
| Surplus / Deficit | $-16,494 |
| Total Assets | $24K |
| Total Liabilities | $586 |
| Net Assets | $23K |
| Operating Margin | -59.2% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 6.5 months |
Financial Health Grade: B
In 2023, Jeslyn Dance Gallery Inc reported a deficit of $16K with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Jeslyn Dance Gallery Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.3% | -23.7% | -42.0% |
| 2022 | +99.8% | +7078.5% | +36.7% |
| 2021 | -13.5% | -96.6% | +336.6% |
| 2019 | -16.5% | -45.2% | -35.0% |
| 2018 | +24.8% | +71.6% | +3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jeslyn Dance Gallery Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Jeslyn Dance Gallery Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that the organization's leadership may be entirely volunteer-based, which is common for smaller nonprofits and can maximize funds for programs.
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 Jeslyn Dance Gallery Inc's IRS 990 filings:
- Significant revenue volatility, with a drastic drop from $27,860 in 2023 to $1,053 currently.
- Frequent operational deficits, such as in 2023 where expenses ($44,354) exceeded revenue ($27,860).
- Relatively low and fluctuating asset base, indicating limited financial reserves.
Strengths
The following positive indicators were identified for Jeslyn Dance Gallery Inc:
- Consistent filing of IRS 990 forms, demonstrating a commitment to regulatory compliance.
- No reported officer compensation, potentially maximizing funds available for program activities.
- History of operating for over a decade, suggesting resilience despite financial fluctuations.
Frequently Asked Questions about Jeslyn Dance Gallery Inc
Is Jeslyn Dance Gallery Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jeslyn Dance Gallery Inc (EIN: 202038943) some concerns. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
How does Jeslyn Dance Gallery Inc spend its money?
Jeslyn Dance Gallery Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jeslyn Dance Gallery Inc tax-deductible?
Jeslyn Dance Gallery Inc is registered as a tax-exempt nonprofit (EIN: 202038943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jeslyn Dance Gallery Inc's spending goes to programs?
Jeslyn Dance Gallery Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Jeslyn Dance Gallery Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Jeslyn Dance Gallery Inc is near average for NTEE category A62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jeslyn Dance Gallery Inc located?
Jeslyn Dance Gallery Inc is headquartered in Huntington, West Virginia and files with the IRS under EIN 202038943. It is classified under NTEE code A62.
How many years of IRS 990 filings does Jeslyn Dance Gallery Inc have?
Jeslyn Dance Gallery Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1K in total revenue.
What caused the significant drop in revenue from $27,860 in 2023 to $1,053 currently?
The provided data does not specify the reason for this drastic decline, but it warrants further investigation into funding sources and operational status.
How does Jeslyn Dance Gallery Inc. manage its expenses given the frequent deficits?
The organization has experienced deficits in multiple years (e.g., 2023, 2016, 2015), indicating a challenge in consistently aligning expenses with revenue. This suggests a need for improved financial planning or diversified funding.
What is the organization's strategy for building financial reserves, given its fluctuating asset base?
Assets have fluctuated, reaching a high of $41,455 in 2022 but dropping to $24,035 in 2023 and $20,772 currently. A clear strategy for building and maintaining reserves would enhance stability.
Filing History
IRS 990 filing history for Jeslyn Dance Gallery Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Jeslyn Dance Gallery Inc's revenue has grown by 124.2%, moving from $12K to $28K. Total assets increased by 607.3% over the same period, from $3K to $24K. Total functional expenses rose by 318.4%, from $11K to $44K. In its most recent filing year (2023), Jeslyn Dance Gallery Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $586 in liabilities against $24K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $23K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $44K | $24K | $586 | — | — |
| 2022 | $64K | $58K | $41K | $2K | — | View 990 |
| 2021 | $32K | $810 | $30K | $0 | — | — |
| 2019 | $37K | $24K | $7K | $0 | — | View 990 |
| 2018 | $44K | $44K | $11K | $0 | — | View 990 |
| 2017 | $35K | $26K | $10K | $0 | — | View 990 |
| 2016 | $17K | $21K | $458 | $0 | — | View 990 |
| 2015 | $26K | $31K | $5K | $0 | — | View 990 |
| 2014 | $55K | $49K | $10K | $0 | — | View 990 |
| 2013 | $17K | $16K | $5K | $0 | — | View 990 |
| 2012 | $12K | $11K | $4K | $0 | — | View 990 |
| 2011 | $12K | $11K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28K, expenses of $44K, and assets of $24K (revenue -56.3% year-over-year).
- 2022: Revenue of $64K, expenses of $58K, and assets of $41K (revenue +99.8% year-over-year).
- 2021: Revenue of $32K, expenses of $810, and assets of $30K (revenue -13.5% year-over-year).
- 2019: Revenue of $37K, expenses of $24K, and assets of $7K (revenue -16.5% year-over-year).
- 2018: Revenue of $44K, expenses of $44K, and assets of $11K (revenue +24.8% year-over-year).
- 2017: Revenue of $35K, expenses of $26K, and assets of $10K (revenue +106.9% year-over-year).
- 2016: Revenue of $17K, expenses of $21K, and assets of $458 (revenue -34.2% year-over-year).
- 2015: Revenue of $26K, expenses of $31K, and assets of $5K (revenue -52.4% year-over-year).
- 2014: Revenue of $55K, expenses of $49K, and assets of $10K (revenue +222.0% year-over-year).
- 2013: Revenue of $17K, expenses of $16K, and assets of $5K (revenue +45.6% year-over-year).
- 2012: Revenue of $12K, expenses of $11K, and assets of $4K (revenue -6.3% year-over-year).
- 2011: Revenue of $12K, expenses of $11K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jeslyn Dance Gallery Inc:
Data Sources and Methodology
This transparency report for Jeslyn Dance Gallery 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.