Overview
What is Cora Incorporated?
Cora Incorporated is a nonprofit organization situated in Brooklyn, New York. Their primary focus is to facilitate transformative dance experiences, overcoming barriers that hinder individuals from engaging with this art form. By fostering a sense of unity among diverse groups, Cora encourages authentic connections through art. They achieve this mission through the creation and presentation of dance works, dance instruction, and by offering subsidized studio space to dance companies and artists. Essentially, Cora Incorporated serves as a platform that brings people together, bridging gaps and allowing them to connect through the universal language of dance.
Official website here: www.coradance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
Cora Incorporated has received a Two-Star rating from Charity Navigator, reflecting a score of 73%. The organization demonstrates strong accountability and finance practices, with a fully independent board of directors and comprehensive policies in place, such as conflict of interest and whistleblower policies. They also maintain proper documentation and have no reported material diversion of assets, which indicates a level of transparency in their operations.
However, the nonprofit's financial health shows room for improvement, particularly in its liabilities to assets ratio, which stands at 62.95%, and its program expense ratio at 59.98%. These figures suggest that while the organization is managing its resources to an extent, a significant portion of its expenses may not directly support its programs. Enhancing these financial metrics could help bolster its overall effectiveness and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Cora Incorporated legitimate?
Cora Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cora Incorporated submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $176,859
Professional Fundraising Fees: $0
Other Salaries and Wages: $186,873
For more financial information, click here
Official website here: www.coradance.org
What is the mission statement of Cora Incorporated?
Cora Incorporated's mission is centered around creating transformative dance experiences and overcoming barriers that hinder individuals from engaging with this art form. The organization promotes diversity and fosters a sense of unity among its participants, enabling them to connect authentically through dance. Cora achieves this mission by producing and presenting dance works, offering dance education, and providing subsidized studio space to dance companies and artists.
Official website here: www.coradance.org
Who is the CEO of Cora Incorporated?
Catherine Fodge is the Artistic Director (Non-Voting) of Cora Incorporated.
Official website here: www.coradance.org
What is the revenue of Cora Incorporated?
Cora Incorporated's revenue in 2022 was $628,072.
Official website here: www.coradance.org
Who are the executives of Cora Incorporated and what are their salaries?
The average compensation at Cora Incorporated during 2022 was $22,733. There are 16 employees at Cora Incorporated.
Here are 10 key members and their salaries:
- Compensation: $86,429
- Related: $0
- Other: $3,554
- Compensation: $59,000
- Related: $0
- Other: $0
- Compensation: $730
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.coradance.org
Where can I find the form 990 for Cora Incorporated?
Cora Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coradance.org
Learn more at the official website: www.coradance.org
Mission Statement of Cora Incorporated
Cora Incorporated, a nonprofit organization, is dedicated to crafting transformative dance experiences while overcoming barriers that hinder individuals from engaging with this art form. The organization's mission is to bring together diverse individuals, fostering a sense of common ground. Through this shared experience, everyone involved is given the opportunity to authentically connect with one another using art as a medium. Cora Incorporated achieves this mission by presenting and creating dance works, teaching dance, and offering subsidized studio space to dance companies and artists. This commitment to accessibility and inclusivity allows the organization to make a significant impact on the dance community.
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Impact
July, 2024
Cora Incorporated's impact lies in creating transformative dance experiences and breaking down barriers that prevent individuals from accessing the art form. By fostering diverse connections and authentic interactions through dance, Cora enables people to find common ground and connect through art. Through the creation and presentation of dance works, teaching dance, and offering subsidized studio space to dance companies and artists, Cora showcases its mission of promoting inclusivity and artistic expression. Located in Brooklyn, NY, Cora's work transcends boundaries and brings people together through the power of dance.
This information is meant to be a general summary of Cora Incorporated. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $55,047
- Gross Receipts: $638,031
Assets and Liabilities:
- Total Assets: $417,828
- Total Liabilities: $78,615
- Net Assets: $339,213
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCES, TEACHING & COMMISSIONS
Revenue
$55,047
Organization Details
Founding Year
2001
Phone
(718) 858-2520Principal Officer
Catherine Fodge
Main Address
358 VAN BRUNT STREET, BROOKLYN, NY, 11231
Website
www.coradance.orgNTEE Category
Code: B99 - Education
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