Argentine-Tango Society is located in Stowe, VT. The organization was established in 2014. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Argentine-Tango Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Argentine-Tango Society generated $176.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $333.7k during the year ending 12/2023. While expenses have increased by 9.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TANGO MUSIC FESTIVAL - PROMOTION OF ARGENTINIAN TANGO DANCE AND FUNDRAISING FOR PROMOTION AND EXPANDING ACCESS TO ARGENTINIAN TANGO IN THE U.S.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Elmaleh Fish President | 1 | $0 | |
Alicia Cruzado Secretary | 1 | $0 | |
Hector Del Curto Vice President | 1 | $22,500 | |
Raul Naftali Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $105,896 |
| Interest on Savings | $28 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $70,725 |
| Total Revenue | $176,649 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $70,250 |
| Occupancy | $46,443 |
| Travel, conferences, and meetings | $7,565 |
| Printing and publications | $0 |
| Other expenses | $176,143 |
| Total operating and administrative expenses | $332,703 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $333,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,621 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,155,738 |
| Other assets | $2,196 |
| Total assets | $2,205,555 |
| Accounts payable and accrued expenses | $9,650 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,650 |
Over the last fiscal year, Argentine-Tango Society has awarded $5,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF ARGENTINE TANGO PURPOSE: BRING THE JOYS AND BENEFITS OF THESE DANCES TO UNDER-SERVED CHILDREN AND SENIORS ACROSS NEW YORK CITY. FOAT'S PROGRAMS ENCOURAGE MOVEMENT, CONNECTION, SELF-EXPRESSION, BODY-AWARENESS AND INCLUSION. | $2,000 |
BALLROOM BASIXYFA PURPOSE: ARTS-IN-EDUCATION INITIATIVE TO TEACH BALLROOM DANCING | $3,000 |