National Dance Institute Inc
National Dance Institute Inc consistently grows assets and operates with surpluses, reporting 0% officer compensation.
EIN: 132890779 · New York, NY · NTEE: A62Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.7M |
| Total Expenses | $6.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $36 |
| Net Assets | $35.7M |
| Transparency Score | 90/100 |
Is National Dance Institute Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Dance Institute Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Dance Institute Inc
National Dance Institute Inc (EIN: 132890779) is a nonprofit organization based in New York, NY, classified under NTEE code A62Z. The organization reported total revenue of $15.7M and total assets of $41.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Dance Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Dance Institute Inc is a large nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.6M |
| Total Expenses | $6.2M |
| Surplus / Deficit | +$2.4M |
| Total Assets | $36.3M |
| Total Liabilities | $684K |
| Net Assets | $35.7M |
| Operating Margin | 28.1% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 70.2 months |
Financial Health Grade: A
In 2023, National Dance Institute Inc reported a surplus of $2.4M with revenue exceeding expenses, holds 70.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Dance Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.5% | +3.2% | +5.3% |
| 2022 | +31.6% | +30.8% | +4.6% |
| 2021 | +13.2% | -12.5% | +15.0% |
| 2020 | +7.1% | -2.5% | +6.4% |
| 2019 | -38.5% | +3.4% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1977 |
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 National Dance Institute 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, National Dance Institute 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization of its size with assets exceeding $36 million and annual revenues in the millions. This suggests that key executives may be compensated through other categories or are volunteers, which significantly reduces overhead costs.
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 National Dance Institute Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive remuneration practices.
Strengths
The following positive indicators were identified for National Dance Institute Inc:
- Consistent financial surpluses, with revenues generally exceeding expenses (e.g., $8,638,262 revenue vs. $6,212,495 expenses in 2023).
- Significant and consistent growth in assets, from $19.2 million in 2014 to $36.3 million in 2023, indicating strong financial management and stability.
- Low liabilities relative to assets, with liabilities of $683,590 against assets of $36,335,161 in 2023, suggesting minimal financial risk.
- Positive trend in revenue over the past decade, demonstrating increasing support and financial capacity.
Frequently Asked Questions about National Dance Institute Inc
Is National Dance Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Dance Institute Inc (EIN: 132890779) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does National Dance Institute Inc spend its money?
National Dance Institute Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Dance Institute Inc tax-deductible?
National Dance Institute Inc is registered as a tax-exempt nonprofit (EIN: 132890779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the National Dance Institute Inc CEO make?
National Dance Institute Inc's highest-compensated officer earns $36 annually. The organization reported $15.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of National Dance Institute Inc's spending goes to programs?
National Dance Institute Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does National Dance Institute Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), National Dance Institute Inc is above average for NTEE category A62Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is National Dance Institute Inc located?
National Dance Institute Inc is headquartered in New York, New York and files with the IRS under EIN 132890779. It is classified under NTEE code A62Z.
How many years of IRS 990 filings does National Dance Institute Inc have?
National Dance Institute Inc has 13 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 $15.7M in total revenue.
How does National Dance Institute Inc manage to report 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. It suggests that executive leadership may be compensated through other expense categories not classified as 'officer compensation' on the 990, or that they are volunteers. Further investigation into their detailed financial statements would be needed to understand this structure.
What is the organization's actual program spending ratio?
While the provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, the consistent surpluses and growth in assets suggest a financially sound operation. Without specific expense category data, a precise program spending ratio cannot be calculated from the provided information.
Has the organization's revenue growth been consistent?
Revenue has fluctuated over the years, with a notable peak of $9,314,676 in 2018 and $9,143,099 in 2022, but generally shows an upward trend from $4,726,232 in 2014 to $8,638,262 in 2023, indicating overall growth.
Filing History
IRS 990 filing history for National Dance Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Dance Institute Inc's revenue has grown by 72.8%, moving from $5.0M to $8.6M. Total assets increased by 173% over the same period, from $13.3M to $36.3M. Total functional expenses rose by 68.4%, from $3.7M to $6.2M. In its most recent filing year (2023), National Dance Institute Inc reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $684K in liabilities against $36.3M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $35.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.6M | $6.2M | $36.3M | $684K | — | View 990 |
| 2022 | $9.1M | $6.0M | $34.5M | $663K | — | View 990 |
| 2021 | $6.9M | $4.6M | $33.0M | $1.0M | — | View 990 |
| 2020 | $6.1M | $5.3M | $28.7M | $888K | — | — |
| 2019 | $5.7M | $5.4M | $27.0M | $321K | — | View 990 |
| 2018 | $9.3M | $5.2M | $27.0M | $460K | — | View 990 |
| 2017 | $5.1M | $4.8M | $22.8M | $466K | — | View 990 |
| 2016 | $5.1M | $4.5M | $21.9M | $410K | — | View 990 |
| 2015 | $7.1M | $4.7M | $21.6M | $772K | — | View 990 |
| 2014 | $4.7M | $3.9M | $19.2M | $476K | — | View 990 |
| 2013 | $5.1M | $3.8M | $18.2M | $419K | — | View 990 |
| 2012 | $7.3M | $4.0M | $16.8M | $273K | — | View 990 |
| 2011 | $5.0M | $3.7M | $13.3M | $265K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.6M, expenses of $6.2M, and assets of $36.3M (revenue -5.5% year-over-year).
- 2022: Revenue of $9.1M, expenses of $6.0M, and assets of $34.5M (revenue +31.6% year-over-year).
- 2021: Revenue of $6.9M, expenses of $4.6M, and assets of $33.0M (revenue +13.2% year-over-year).
- 2020: Revenue of $6.1M, expenses of $5.3M, and assets of $28.7M (revenue +7.1% year-over-year).
- 2019: Revenue of $5.7M, expenses of $5.4M, and assets of $27.0M (revenue -38.5% year-over-year).
- 2018: Revenue of $9.3M, expenses of $5.2M, and assets of $27.0M (revenue +84.2% year-over-year).
- 2017: Revenue of $5.1M, expenses of $4.8M, and assets of $22.8M (revenue -0.7% year-over-year).
- 2016: Revenue of $5.1M, expenses of $4.5M, and assets of $21.9M (revenue -27.9% year-over-year).
- 2015: Revenue of $7.1M, expenses of $4.7M, and assets of $21.6M (revenue +49.4% year-over-year).
- 2014: Revenue of $4.7M, expenses of $3.9M, and assets of $19.2M (revenue -6.5% year-over-year).
- 2013: Revenue of $5.1M, expenses of $3.8M, and assets of $18.2M (revenue -31.1% year-over-year).
- 2012: Revenue of $7.3M, expenses of $4.0M, and assets of $16.8M (revenue +46.9% year-over-year).
- 2011: Revenue of $5.0M, expenses of $3.7M, and assets of $13.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Dance Institute Inc:
Data Sources and Methodology
This transparency report for National Dance Institute 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.