American Tap 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: 133390784 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Tap Dance Foundation Inc?

The American Tap Dance Foundation Inc, situated in New York, NY, is a distinguished dance organization. Their primary focus lies in the realm of cultural performances and educational workshops, specializing in the captivating art of tap dance. Through these events, they aim to preserve and promote this unique dance form, engaging both participants and spectators.


Official website here: www.atdf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (62%, Two-Star out of Four Star rating)

The American Tap Dance Foundation Inc has received a rating of "Needs Improvement" with an overall score of 62%. This rating indicates that while the organization has strong leadership and adaptability scores, there are significant concerns regarding accountability and financial transparency. The foundation benefits from a fully independent board, which reflects well on its governance practices, but it struggles with critical documentation and policy requirements.

While the organization shows a promising program expense ratio of 62.62%, it has received low marks for its lack of financial statements and missing policies, including conflict of interest and whistleblower protections. Additionally, the absence of documented board meeting minutes raises questions about its operational transparency. These limitations detract from its overall financial health and accountability.

Despite these challenges, the foundation's leadership and strategic vision are commendable, indicating a potential for effective program delivery and community impact. However, addressing the noted deficiencies in financial documentation and governance policies will be crucial for improving its standing and fostering greater trust among stakeholders.


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

Is American Tap Dance Foundation Inc legitimate?

American Tap Dance Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Tap 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: $74,349
Professional Fundraising Fees: $0
Other Salaries and Wages: $209,401

For more financial information, click here


Official website here: www.atdf.org

What is the mission statement of American Tap Dance Foundation Inc?

The American Tap Dance Foundation, as a dance organization, is dedicated to promoting cultural performances and workshops in the art of tap dance. Their mission encompasses both entertaining and educating the public through tap dance performances that are culturally rich. The organization is committed to fostering an environment where individuals can learn and appreciate the intricacies of this unique dance form.


Official website here: www.atdf.org

Who is the CEO of American Tap Dance Foundation Inc?

Tony Waag is the Treasurer of American Tap Dance Foundation Inc.


Official website here: www.atdf.org

What is the revenue of American Tap Dance Foundation Inc?

American Tap Dance Foundation Inc's revenue in 2022 was $711,375.


Official website here: www.atdf.org

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


Here are 2 key members and their salaries:


Tony Waag (Treasurer)
  • Compensation: $74,349
  • Related: $0
  • Other: $0
Kiim Thacker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.atdf.org

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

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


Official website here: www.atdf.org

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

Mission Statement of American Tap Dance Foundation Inc

The American Tap Dance Foundation, a distinguished dance organization, is dedicated to preserving and promoting the art of tap dance through cultural performances and workshops. Their mission is multifaceted, encompassing both entertainment and education. They strive to present captivating tap dance shows, while simultaneously offering educational opportunities in this unique dance form. The organization's focus is on fostering a deeper appreciation for tap dance and its rich history, thereby ensuring its continued relevance and growth.

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Impact




July, 2024

American Tap Dance Foundation Inc has made a significant impact on the arts scene in New York City by providing cultural performances and workshops in the art of tap dance. Through their work, they have not only promoted and preserved this unique dance form but also educated and inspired countless individuals. Their cultural and educational performances contribute to the enrichment of the community and help to showcase the beauty and significance of tap dance as an art form.




This information is meant to be a general summary of American Tap 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
$711,375 (2022)
Expenses
$568,391 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $244,351
  • Gross Receipts: $712,147

Assets and Liabilities:

  • Total Assets: $231,267
  • Total Liabilities: $44,572
  • Net Assets: $186,695

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Programs

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

Dance classes

Revenue

$220,501

Miscellaneous income

Revenue

$1,708

Performance fees

Revenue

$22,142

Organization Details

Founding Year

1987

Principal Officer

Tony Waag

Main Address

154 Christopher Street 2B, New York, NY, 10014

NTEE Category

Code: A62 - Arts

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