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Parsons Dance Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133376271 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Parsons Dance Foundation Inc?

Parsons Dance Foundation Inc, situated in New York, New York, is a nonprofit organization with a mission to promote dance as an art form. They stage dance performances globally, engaging the general public, while also covering the associated rehearsal expenses. The foundation's aim is to inspire joy and foster an appreciation for dance, utilizing a diverse and inclusive company to encourage empathy and interaction among diverse audiences. Their educational and outreach programs aim to engage individuals of various ages, abilities, and backgrounds, contributing to a more united and creative world. With a team of 35 dedicated individuals, Parsons Dance Foundation Inc continues to make a significant impact in the dance community.


Official website here: www.parsonsdance.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 86%, Three-Star out of Four Star rating.

Parsons Dance Foundation Inc has achieved an 86% rating from Charity Navigator, which signifies a solid level of accountability and financial health. The rating is primarily based on accountability and finance metrics, indicating a strong commitment to transparency in its operations. Notably, the organization boasts a fully independent board, with 93% of its members meeting this criterion, enhancing its governance.

The foundation has received high marks for its audit and oversight practices, with a complete score in this area. It maintains effective policies regarding conflict of interest, whistleblower protections, and document retention, which further reinforces its dedication to ethical management. Additionally, the foundation's liabilities to assets ratio indicates a healthy balance, showcasing that it effectively manages its financial obligations.

However, the organization's program expense ratio stands at 62.07%, which is somewhat lower than ideal, suggesting that a smaller portion of its budget is allocated directly to program services compared to administrative or other costs. This could be an area for improvement, as increasing program investment may enhance its overall impact in the dance community.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Parsons Dance Foundation Inc?

96% of 239 reviewers on Facebook recommend Parsons Dance Foundation Inc. Here is a summary of their reviews: Many users express delight in the performances, highlighting the emotional impact and the beauty of the dance shows. The enthusiasm from one reviewer who attended a recent performance in Bologna emphasizes the joy and excitement the dancers convey on stage, suggesting a strong connection between the audience and the performers.

Overall, it seems that the foundation successfully creates memorable and engaging experiences through its dance productions. The positive sentiment reflects a deep appreciation from the community for the art and passion that the dancers exhibit.


This AI summary has been generated from reviews found on Facebook.

Is Parsons Dance Foundation Inc legitimate?

Parsons Dance Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parsons 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: $280,467
Professional Fundraising Fees: $0
Other Salaries and Wages: $506,232

For more financial information, click here


Official website here: www.parsonsdance.org

What is the mission statement of Parsons Dance Foundation Inc?

The mission of Parsons Dance Foundation Inc. is centered around presenting captivating performances that inspire joy and foster a sense of unity among diverse audiences worldwide. Through their education and outreach programs, they aim to nurture an appreciation for dance and promote empathy by engaging individuals of various ages, abilities, and backgrounds. By showcasing the power of a diverse and inclusive company, Parsons Dance envisions a more positive, creative, and welcoming world, enriched by their artistic contributions.


Official website here: www.parsonsdance.org

Who is the CEO of Parsons Dance Foundation Inc?

Chris Yegen is the President of Parsons Dance Foundation Inc.


Official website here: www.parsonsdance.org

What is the revenue of Parsons Dance Foundation Inc?

Parsons Dance Foundation Inc's revenue in 2022 was $2,266,190.


Official website here: www.parsonsdance.org

Who are the executives of Parsons Dance Foundation Inc and what are their salaries?

The average compensation at Parsons Dance Foundation Inc during 2022 was $22,477. There are 35 employees and 25 volunteers at Parsons Dance Foundation Inc.


Here are 16 key members and their salaries:


David Parsons (Artistic Direct)
  • Compensation: $136,692
  • Related: $0
  • Other: $11,866
Rebecca Josue (Executive Dir.)
  • Compensation: $120,404
  • Related: $0
  • Other: $11,505
Dina Zuckerberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey D Byrne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda De Chiazza Cloobeck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Lighton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Rohdie (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Parsons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Stocknoff (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Metzl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Sidell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosalind Reed (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Shulman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Storey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Yegen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.parsonsdance.org

Where can I find the form 990 for Parsons Dance Foundation Inc?

Parsons Dance Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.parsonsdance.org

Learn more at the official website: www.parsonsdance.org

Mission Statement of Parsons Dance Foundation Inc

Parsons Dance Foundation Inc strives to spread joy and vitality through captivating performances worldwide. Their mission extends beyond entertainment, as they also aim to foster an appreciation for dance through educational and outreach programs. The organization believes in the transformative power of diversity and inclusivity, using a diverse ensemble to promote awareness and empathy. Parsons Dance engages with audiences of all ages, abilities, and backgrounds, aiming to uplift individuals and foster a sense of unity. The Foundation envisions a world that is more positive, creative, and welcoming, all thanks to the impact of their art.

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Impact




August, 2024

Parsons Dance Foundation Inc's impact is significant in the world of dance and the arts. Through their life-affirming performances and outreach programs, they aim to bring joy to audiences worldwide and sustain an appreciation for dance. By embracing diversity and inclusivity, Parsons Dance enhances awareness and empathy, engaging with audiences of all ages, abilities, and backgrounds. Their vision is to create a more positive, creative, and welcoming world through the power of art. With dance performances held globally, open to the general public, Parsons Dance Foundation Inc is making a meaningful contribution to the cultural landscape, uplifting individuals and bringing communities together.




This information is meant to be a general summary of Parsons 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.

Revenue
$2,266,190 (2022)
Expenses
$1,799,094 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$1,307
  • Program Service Revenue: $613,631
  • Gross Receipts: $2,606,668

Assets and Liabilities:

  • Total Assets: $1,659,006
  • Total Liabilities: $532,291
  • Net Assets: $1,126,715

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Licensing

Revenue

$20,000

Miscellaneous

Revenue

$9

Performance fees

Revenue

$554,809

Teaching revenues

Revenue

$38,813

Organization Details

Founding Year

1985

Principal Officer

Chris Yegen

Main Address

124 E 91ST ST APT 2B, New York, NY, 10128

NTEE Category

Code: A620 - Arts

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