Drop Dance Studio Inc
- Assets
- $4.0k
- Revenue
- $71.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- Data as of
- 12/2022
- EIN
- 85-2381590
Organization Overview
Drop Dance Studio Inc is located in Tucson, AZ. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Drop Dance Studio Inc 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 12/2022, Drop Dance Studio Inc generated $71.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 56.4% each year . All expenses for the organization totaled $73.7k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OFFER STREET DANCE EDUCATION CLASSES THAT ARE ACCESSIBLE TO THE YOUTH AND PUBLIC.
WE PROVIDE FREE STREET DANCE EDUCATION CLASSES TO THE PUBLIC. THE DANCERS AGES RANGES FROM 5 - 60.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruben Dorame Leon Artistic Director And Instructor | 18 | $5,774 | |
Monique Dorame Marketing Director And Instructor | 6 | $2,230 | |
Anjelica Escarcega Instructor | 2 | $715 | |
Aryanna Frank Instructor | 1 | $195 | |
Billy H Young Instructor | 2 | $1,025 | |
Christopher J Rosales Instructor | 1 | $620 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,335 |
| Interest on Savings | $0 |
| 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 | $57,477 |
| Total Revenue | $71,812 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $14,078 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,258 |
| Depreciation | $0 |
| Occupancy | $31,177 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,184 |
| Total operating and administrative expenses | $73,724 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $73,724 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,818 |
| Savings and temporary cash investments | $172 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $3,990 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |