New Orleans Dance Collective Inc
New Orleans Dance Collective Inc. shows fluctuating finances with recent deficit but no executive compensation.
EIN: 161757642 · New Orleans, LA · NTEE: A62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $89K |
| Total Expenses | $76K |
| Program Spending | 90% |
| Net Assets | $221K |
| Transparency Score | 75/100 |
Is New Orleans Dance Collective Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Orleans Dance Collective Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Orleans Dance Collective Inc
New Orleans Dance Collective Inc (EIN: 161757642) is a nonprofit organization based in New Orleans, LA, classified under NTEE code A62. The organization reported total revenue of $89K and total assets of $226K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Orleans Dance Collective Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Orleans Dance Collective Inc is a micro nonprofit that has been operating for 18 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $76K |
| Surplus / Deficit | $-13,788 |
| Total Assets | $221K |
| Net Assets | $221K |
| Operating Margin | -22.1% |
| Months of Reserves | 34.8 months |
Financial Health Grade: B
In 2023, New Orleans Dance Collective Inc reported a deficit of $14K with expenses exceeding revenue, holds 34.8 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), New Orleans Dance Collective Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.6% | -36.7% | -19.3% |
| 2020 | -103.2% | +14.1% | +4999.6% |
| 2018 | +17.0% | +39.8% | +126.0% |
| 2017 | -27.0% | -41.1% | -76.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2008 |
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 New Orleans Dance Collective Inc with a Mission Score of 75 out of 100 (Good). 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: 90%
- fundraising: 0%
According to IRS 990 filings, New Orleans Dance Collective Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $14K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all filings, indicating that no salaries are paid to officers. This is highly commendable for an organization of its size, suggesting a volunteer-driven leadership or extremely lean administrative 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 New Orleans Dance Collective Inc's IRS 990 filings:
- Inconsistent financial performance with significant revenue and expense fluctuations.
- Periods of substantial liabilities ($313,522 in 2022, $313,222 in 2020) that far exceeded assets.
- Operating at a deficit in the most recent filing (2023: expenses $76,176 vs. revenue $62,388).
Strengths
The following positive indicators were identified for New Orleans Dance Collective Inc:
- Consistently reports 0% officer compensation, indicating efficient use of funds for leadership.
- Successfully reduced liabilities to $0 in the latest filing (2023) after previous high debt periods.
- Maintains a consistent presence with 11 filings, suggesting ongoing operations despite financial challenges.
Frequently Asked Questions about New Orleans Dance Collective Inc
Is New Orleans Dance Collective Inc a legitimate charity?
New Orleans Dance Collective Inc (EIN: 161757642) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $89K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does New Orleans Dance Collective Inc spend its money?
New Orleans Dance Collective Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to New Orleans Dance Collective Inc tax-deductible?
New Orleans Dance Collective Inc is registered as a tax-exempt nonprofit (EIN: 161757642). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does New Orleans Dance Collective Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), New Orleans Dance Collective Inc is above average for NTEE category A62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Orleans Dance Collective Inc located?
New Orleans Dance Collective Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 161757642. It is classified under NTEE code A62.
How many years of IRS 990 filings does New Orleans Dance Collective Inc have?
New Orleans Dance Collective Inc has 11 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 $89K in total revenue.
Is New Orleans Dance Collective Inc. financially stable?
The organization's financial stability is inconsistent. While the latest filing (2023) shows zero liabilities, previous years (2022, 2020) reported very high liabilities ($313,522 and $313,222 respectively) relative to assets, indicating periods of significant financial strain. The 2023 deficit (expenses $76,176 vs. revenue $62,388) also suggests ongoing operational challenges.
How does New Orleans Dance Collective Inc. manage its executive compensation?
New Orleans Dance Collective Inc. reports 0% officer compensation in all available filings, meaning no salaries are paid to its executives. This is a strong positive indicator of efficient use of funds and dedication to its mission.
What caused the large liabilities in 2022 and 2020?
The provided data does not specify the nature of the large liabilities ($313,522 in 2022 and $313,222 in 2020). Further investigation into the detailed IRS Form 990 filings for those periods would be necessary to understand the source and resolution of these significant debts.
Is the organization growing?
The organization's revenue and asset growth are inconsistent. Revenue peaked at $143,693 in 2022 but dropped to $62,388 in 2023. Assets have also fluctuated, reaching $273,576 in 2022 before decreasing to $220,890 in 2023. This indicates a lack of consistent growth.
Filing History
IRS 990 filing history for New Orleans Dance Collective Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), New Orleans Dance Collective Inc's revenue has grown by 47.1%, moving from $42K to $62K. Total assets increased by 805.1% over the same period, from $24K to $221K. Total functional expenses rose by 323.3%, from $18K to $76K. In its most recent filing year (2023), New Orleans Dance Collective Inc reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62K | $76K | $221K | $0 | — | — |
| 2022 | $144K | $120K | $274K | $314K | — | View 990 |
| 2020 | $-1,200 | $40K | $263K | $313K | — | — |
| 2018 | $38K | $35K | $5K | $0 | — | View 990 |
| 2017 | $32K | $25K | $2K | $0 | — | View 990 |
| 2016 | $44K | $42K | $10K | $20K | — | View 990 |
| 2015 | $46K | $46K | $8K | $20K | — | View 990 |
| 2014 | $37K | $20K | $4K | $20K | — | View 990 |
| 2013 | $22K | $33K | $3K | $0 | — | View 990 |
| 2012 | $30K | $48K | $10K | $0 | — | View 990 |
| 2011 | $42K | $18K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62K, expenses of $76K, and assets of $221K (revenue -56.6% year-over-year).
- 2022: Revenue of $144K, expenses of $120K, and assets of $274K.
- 2020: Revenue of $-1,200, expenses of $40K, and assets of $263K (revenue -103.2% year-over-year).
- 2018: Revenue of $38K, expenses of $35K, and assets of $5K (revenue +17.0% year-over-year).
- 2017: Revenue of $32K, expenses of $25K, and assets of $2K (revenue -27.0% year-over-year).
- 2016: Revenue of $44K, expenses of $42K, and assets of $10K (revenue -4.3% year-over-year).
- 2015: Revenue of $46K, expenses of $46K, and assets of $8K (revenue +25.5% year-over-year).
- 2014: Revenue of $37K, expenses of $20K, and assets of $4K (revenue +64.5% year-over-year).
- 2013: Revenue of $22K, expenses of $33K, and assets of $3K (revenue -24.8% year-over-year).
- 2012: Revenue of $30K, expenses of $48K, and assets of $10K (revenue -29.7% year-over-year).
- 2011: Revenue of $42K, expenses of $18K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Orleans Dance Collective Inc:
Data Sources and Methodology
This transparency report for New Orleans Dance Collective 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.