Minnesota Dance Theatre & The Dance Institute
EIN: 411696668 · Minneapolis, MN · NTEE: A62
| Metric | Value |
|---|---|
| Total Revenue | $918K |
| Total Expenses | $1.1M |
| Net Assets | $244K |
Is Minnesota Dance Theatre & The Dance Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Dance Theatre & The Dance Institute
Minnesota Dance Theatre & The Dance Institute (EIN: 411696668) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code A62. The organization reported total revenue of $918K and total assets of $102K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Dance Theatre & The Dance Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Dance Theatre & The Dance Institute is a small nonprofit that has been operating for 35 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$47K |
| Total Assets | $325K |
| Total Liabilities | $81K |
| Net Assets | $244K |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 24.9% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2023, Minnesota Dance Theatre & The Dance Institute reported a surplus of $47K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 24.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Minnesota Dance Theatre & The Dance Institute's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.3% | -1.2% | +12.3% |
| 2022 | +130.9% | +131.0% | +189.6% |
| 2021 | -44.8% | -57.7% | -12.2% |
| 2020 | -5.5% | -4.3% | +51.5% |
| 2019 | +5.9% | +11.2% | -9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minnesota Dance Theatre & The Dance Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Minnesota Dance Theatre & The Dance Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.9%.
Frequently Asked Questions about Minnesota Dance Theatre & The Dance Institute
Is Minnesota Dance Theatre & The Dance Institute a legitimate charity?
Minnesota Dance Theatre & The Dance Institute (EIN: 411696668) is a registered tax-exempt nonprofit based in Minnesota. It has 12 years of IRS 990 filings on record. Total revenue: $918K. No red flags identified. Financial health grade: A.
How does Minnesota Dance Theatre & The Dance Institute spend its money?
Minnesota Dance Theatre & The Dance Institute reported $918K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Minnesota Dance Theatre & The Dance Institute tax-deductible?
Minnesota Dance Theatre & The Dance Institute is registered as a tax-exempt nonprofit (EIN: 411696668). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Dance Theatre & The Dance Institute located?
Minnesota Dance Theatre & The Dance Institute is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 411696668. It is classified under NTEE code A62.
How many years of IRS 990 filings does Minnesota Dance Theatre & The Dance Institute have?
Minnesota Dance Theatre & The Dance Institute 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 $918K in total revenue.
Filing History
IRS 990 filing history for Minnesota Dance Theatre & The Dance Institute showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Minnesota Dance Theatre & The Dance Institute's revenue has declined by 16.8%, moving from $1.3M to $1.1M. Total assets increased by 83.3% over the same period, from $177K to $325K. Total functional expenses fell by 17.4%, from $1.3M to $1.1M. In its most recent filing year (2023), Minnesota Dance Theatre & The Dance Institute reported a surplus of $47K, with revenue exceeding expenses. The organization holds $81K in liabilities against $325K in assets (debt-to-asset ratio: 24.9%), resulting in net assets of $244K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $325K | $81K | — | — |
| 2022 | $1.3M | $1.1M | $289K | $78K | — | View 990 |
| 2021 | $567K | $465K | $100K | $122K | — | — |
| 2020 | $1.0M | $1.1M | $114K | $238K | — | View 990 |
| 2019 | $1.1M | $1.1M | $75K | $131K | — | View 990 |
| 2018 | $1.0M | $1.0M | $83K | $97K | — | View 990 |
| 2017 | $1.1M | $1.1M | $115K | $122K | — | View 990 |
| 2016 | $1.1M | $1.1M | $120K | $94K | — | View 990 |
| 2015 | $1.0M | $942K | $86K | $123K | — | View 990 |
| 2014 | $926K | $1.1M | $48K | $174K | — | View 990 |
| 2012 | $986K | $916K | $189K | $102K | — | View 990 |
| 2011 | $1.3M | $1.3M | $177K | $161K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $325K (revenue -15.3% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.1M, and assets of $289K (revenue +130.9% year-over-year).
- 2021: Revenue of $567K, expenses of $465K, and assets of $100K (revenue -44.8% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.1M, and assets of $114K (revenue -5.5% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $75K (revenue +5.9% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.0M, and assets of $83K (revenue -7.1% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $115K (revenue -0.8% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $120K (revenue +8.2% year-over-year).
- 2015: Revenue of $1.0M, expenses of $942K, and assets of $86K (revenue +11.3% year-over-year).
- 2014: Revenue of $926K, expenses of $1.1M, and assets of $48K (revenue -6.1% year-over-year).
- 2012: Revenue of $986K, expenses of $916K, and assets of $189K (revenue -26.0% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $177K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Dance Theatre & The Dance Institute:
Data Sources and Methodology
This transparency report for Minnesota Dance Theatre & The Dance Institute 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.