River North Dance Company
EIN: 363789808 · Chicago, IL
| Metric | Value |
|---|---|
| Total Expenses | $594K |
| Net Assets | $-253,193 |
Is River North Dance Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About River North Dance Company
River North Dance Company (EIN: 363789808) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of River North Dance Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
River North Dance Company is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -14.8%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $598K |
| Total Expenses | $594K |
| Surplus / Deficit | +$4K |
| Total Assets | $163K |
| Total Liabilities | $416K |
| Net Assets | $-253,193 |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 255.4% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2016, River North Dance Company reported a surplus of $4K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 255.4% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), River North Dance Company's revenue has declined at a compound annual growth rate (CAGR) of -14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -54.2% | -56.8% | +152.6% |
| 2015 | -7.4% | +0.2% | -73.5% |
| 2014 | -1.8% | -1.0% | -10.2% |
| 2013 | +8.7% | -6.7% | +45.8% |
| 2012 | -0.7% | +11.6% | -26.0% |
AI Analysis Pending
AI enrichment for River North Dance Company 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 River North Dance Company 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 255.4%.
Frequently Asked Questions about River North Dance Company
Is River North Dance Company a legitimate charity?
River North Dance Company (EIN: 363789808) is a registered tax-exempt nonprofit based in Illinois. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does River North Dance Company spend its money?
River North Dance Company reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to River North Dance Company tax-deductible?
River North Dance Company is registered as a tax-exempt nonprofit (EIN: 363789808). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is River North Dance Company located?
River North Dance Company is headquartered in Chicago, Illinois and files with the IRS under EIN 363789808.
How many years of IRS 990 filings does River North Dance Company have?
River North Dance Company has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for River North Dance Company showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), River North Dance Company's revenue has declined by 55.1%, moving from $1.3M to $598K. Total assets decreased by 35.2% over the same period, from $252K to $163K. Total functional expenses fell by 55.4%, from $1.3M to $594K. In its most recent filing year (2016), River North Dance Company reported a surplus of $4K, with revenue exceeding expenses. The organization holds $416K in liabilities against $163K in assets (debt-to-asset ratio: 255.4%), resulting in net assets of $-253,193.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $598K | $594K | $163K | $416K | — | — |
| 2015 | $1.3M | $1.4M | $64K | $321K | — | View 990 |
| 2014 | $1.4M | $1.4M | $244K | $245K | — | View 990 |
| 2013 | $1.4M | $1.4M | $272K | $310K | — | View 990 |
| 2012 | $1.3M | $1.5M | $186K | $273K | — | View 990 |
| 2011 | $1.3M | $1.3M | $252K | $120K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $598K, expenses of $594K, and assets of $163K (revenue -54.2% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.4M, and assets of $64K (revenue -7.4% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $244K (revenue -1.8% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $272K (revenue +8.7% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.5M, and assets of $186K (revenue -0.7% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $252K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for River North Dance Company:
Data Sources and Methodology
This transparency report for River North Dance Company 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.