Overview
What is Lubovitch Dance Foundation Inc?
Lubovitch Dance Foundation Inc, based in New York, New York, is a distinguished nonprofit organization with a 54-year history. Established by Lar Lubovitch, the foundation has earned a reputation as one of America's top contemporary dance companies, renowned for its choreographic prowess and exceptional dancers. Over the years, it has produced over 120 original dances by Lubovitch and performed for millions worldwide, including in over 40 countries. The foundation's primary programs include creating and performing contemporary dance, facilitating performances by other companies, presenting other companies' works, and teaching dance. With a workforce of 5 employees, Lubovitch Dance Foundation Inc continues to enrich the world of contemporary dance.
Official website here: www.lubovitch.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Stars
The Lubovitch Dance Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The overall score is derived entirely from its accountability and finance metrics, indicating a strong commitment to transparency and effective management. The organization scored particularly well in areas such as having a majority of independent board members and a solid structure for policies regarding conflicts of interest and whistleblower protections.
Notably, the foundation has demonstrated no material diversion of assets, which adds to its credibility and trustworthiness. The organization also has a strong program expense ratio of 66.51%, meaning that a substantial portion of its funding is directed towards its mission-related activities. This focus on programmatic spending is a positive indicator of its commitment to serving the community and fulfilling its artistic mission.
While the financial health indicators are robust, potential donors and stakeholders may wish to explore how well the organization communicates its impact beyond financial metrics. Overall, Lubovitch Dance Foundation Inc showcases significant strengths in governance and financial accountability, making it a commendable choice for those interested in supporting the arts.
This AI summary has been generated from information found on Charity Navigator.
Is Lubovitch Dance Foundation Inc legitimate?
Lubovitch Dance Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lubovitch Dance Foundation Inc 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: $193,240
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,450
For more financial information, click here
Official website here: www.lubovitch.org
What is the mission statement of Lubovitch Dance Foundation Inc?
The Lubovitch Dance Foundation Inc is dedicated to the creation, teaching, and performance of contemporary dance. Over the past five decades, it has established a reputation as one of America's top-ranked dance companies, renowned for its choreographic excellence and exceptional dancing. The foundation has created over 120 original dances and has captivated audiences worldwide, performing in numerous countries. Its primary programs include creating and performing dance pieces, facilitating performances by other companies, presenting various companies, and providing dance education. The Lubovitch Dance Foundation Inc's work has been recognized with numerous prestigious dance awards.
Official website here: www.lubovitch.org
Who is the CEO of Lubovitch Dance Foundation Inc?
Richard Caples is the Direxec Directorcfo of Lubovitch Dance Foundation Inc.
Official website here: www.lubovitch.org
What is the revenue of Lubovitch Dance Foundation Inc?
Lubovitch Dance Foundation Inc's revenue in 2022 was $511,161.
Official website here: www.lubovitch.org
Who are the executives of Lubovitch Dance Foundation Inc and what are their salaries?
The average compensation at Lubovitch Dance Foundation Inc during 2022 was $42,738. There are 5 employees and 8 volunteers at Lubovitch Dance Foundation Inc.
Here are 9 key members and their salaries:
- Compensation: $98,450
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- Other: $0
- Compensation: $94,790
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- Other: $0
Official website here: www.lubovitch.org
Where can I find the form 990 for Lubovitch Dance Foundation Inc?
Lubovitch Dance Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lubovitch.org
Learn more at the official website: www.lubovitch.org
Mission Statement of Lubovitch Dance Foundation Inc
Lubovitch Dance Foundation Inc, established in 1968, is dedicated to the creation, teaching, and performance of contemporary dance. Over the past five decades, the organization has earned an international reputation as one of America's top-ranked dance companies, renowned for its choreographic excellence and exceptional dancers. With more than 120 original dances created by Lar Lubovitch, the foundation has captivated millions of audience members across the United States and over 40 countries worldwide.
At the heart of Lubovitch Dance Foundation Inc's mission is the creation and performance of contemporary dance. The company's principal programs include presenting its own works both at home in New York City and on tour, facilitating performances of its creations by other companies, presenting other companies performing their own works, and teaching. The organization's commitment to dance has been recognized with virtually every major dance award.
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Impact
July, 2024
Lubovitch Dance Foundation Inc has made a significant impact in the world of contemporary dance over the past 54 years. Led by its founder Lar Lubovitch, the organization has gained an international reputation as one of America's top-ranked dance companies, celebrated for its choreographic excellence and unparalleled dancing. Through its creation of over 120 original dances, the foundation has captivated millions of audience members across the United States and in more than 40 countries worldwide.
The foundation's principal programs, which include creating, performing, facilitating performances by other companies, presenting works by other companies, and teaching, have showcased the artistry and innovation of contemporary dance. This commitment to artistic expression and education has garnered the foundation numerous prestigious dance awards, recognizing its contribution to the cultural landscape.
By bringing contemporary dance to diverse audiences and nurturing the next generation of dancers and choreographers, Lubovitch Dance Foundation Inc continues to leave a lasting impact on the arts community, inspiring creativity and artistic excellence.
This information is meant to be a general summary of Lubovitch Dance Foundation Inc. 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.
- Investment Income: $303
- Program Service Revenue: $63,412
- Gross Receipts: $511,161
Assets and Liabilities:
- Total Assets: $344,490
- Total Liabilities: $25,325
- Net Assets: $319,165
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ARTISTIC
Revenue
$32,477
LICENSE FEES
Revenue
$28,870
COMMISSIONS & ROYALTIES
Revenue
$1,650
SPECIAL EVENTS
Revenue
$415
Organization Details
Founding Year
1968
Principal Officer
Richard Caples
Main Address
315 WEST 39TH STREET STE 1500, New York, NY, 10018
Website
www.lubovitch.orgNTEE Category
Code: A62Z - Arts
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