Overview
What is Stephen Petronio Dance Company Inc?
Stephen Petronio Dance Company Inc, established in 2017, is a New York-based nonprofit organization with a primary focus on supporting the vision of choreographer Stephen Petronio. The company is dedicated to creating, presenting, and preserving Petronio's existing and new works, as well as two legacy initiatives: securing the history and future of the postmodern dance lineage and the Petronio Residency Center (PRC). The PRC, located in the Hudson Valley, serves as a retreat for choreographers and their collaborators, providing them with an environment for study, work, and experimentation free from urban pressures. This sanctuary supports future generations of artists and the broader dance field. The organization also engages in environmental initiatives, such as establishing a permanent conservation easement for 77 acres of the 172-acre property in 2021. In addition to these efforts, the company licenses works by pioneering American post-modern choreographers, like Merce Cunningham and Trisha Brown, to bring these pieces into their repertoire as part of the Bloodlines Project. By doing so, they aim to preserve and celebrate the rich history of modern dance. With a workforce of 16 dedicated individuals, Stephen Petronio Dance Company Inc embodies a commitment to nurturing and advancing the artistic landscape of contemporary dance.
Official website here: www.petron.io
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating
The Stephen Petronio Dance Company Inc has achieved a commendable Four-Star rating from Charity Navigator, scoring 96%. This high score is indicative of the organization's strong accountability and financial practices, reflecting its commitment to transparency and responsible management of resources. The evaluation emphasizes that the organization received perfect scores in several critical areas, including independent board membership and financial oversight.
The organization boasts a fully independent board composed of ten members, demonstrating a robust governance structure. Additionally, the company has implemented comprehensive policies, including those for conflict of interest, whistleblower protection, and document retention, which further enhance its operational integrity. The program expense ratio is also impressive, with nearly 70% of its expenditures directed towards its programs, suggesting a strong focus on fulfilling its mission.
While the data does not highlight any significant limitations, the overall score reinforces the Stephen Petronio Dance Company's reputation as a well-managed nonprofit. Stakeholders can feel confident that their support is being utilized effectively and ethically in pursuit of the organization's artistic and community objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Stephen Petronio Dance Company Inc legitimate?
Stephen Petronio Dance Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stephen Petronio Dance Company 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: $245,157
Professional Fundraising Fees: $0
Other Salaries and Wages: $248,116
For more financial information, click here
Official website here: www.petron.io
What is the mission statement of Stephen Petronio Dance Company Inc?
The Stephen Petronio Dance Company Inc is committed to supporting the vision of its choreographer, Stephen Petronio, by creating, presenting, and preserving his existing and new works. It also endeavors to secure the history and future of the postmodern dance lineage through the Bloodlines project, which licenses works by pioneering American post-modern choreographers. Additionally, the company established the Petronio Residency Center in 2017, providing a retreat for choreographers and their collaborators to study, work, and experiment without urban pressures, thus fostering future generations of artists and the broader dance field. The Petronio Residency Center also offers educational initiatives and has initiated an environmental initiative, including a permanent conservation easement for a portion of its property.
Official website here: www.petron.io
Who is the CEO of Stephen Petronio Dance Company Inc?
Gino Grenek is the Artistic Director of Stephen Petronio Dance Company Inc.
Official website here: www.petron.io
What is the revenue of Stephen Petronio Dance Company Inc?
Stephen Petronio Dance Company Inc's revenue in 2022 was $1,031,204.
Official website here: www.petron.io
Who are the executives of Stephen Petronio Dance Company Inc and what are their salaries?
The average compensation at Stephen Petronio Dance Company Inc during 2022 was $30,830. There are 16 employees and 10 volunteers at Stephen Petronio Dance Company Inc.
Here are 14 key members and their salaries:
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Official website here: www.petron.io
Where can I find the form 990 for Stephen Petronio Dance Company Inc?
Stephen Petronio Dance Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.petron.io
Learn more at the official website: www.petron.io
Mission Statement of Stephen Petronio Dance Company Inc
Stephen Petronio Dance Company Inc, led by choreographer Stephen Petronio, is committed to sustaining his creative vision. The organization focuses on the creation, presentation, and preservation of Petronio's existing and new works, as well as two legacy initiatives. One of these initiatives, called Bloodlines, involves licensing pieces from pioneering American post-modern choreographers, such as Merce Cunningham and Trisha Brown, to incorporate them into the company's repertoire.
The second legacy initiative is the Petronio Residency Center, established in 2017. This retreat, located in the Hudson Valley, offers a serene environment for choreographers and their collaborators to engage in intensive research, development, and experimentation, free from the pressures of urban life. The Petronio Residency Center supports the future of dance by providing artist residencies and educational initiatives, fostering new choreographic inventions within the field.
In 2021, Stephen Petronio Dance Company Inc took an environmental step forward by establishing a permanent conservation easement for 77 acres of the 172-acre property, marking a commitment to sustainable practices and preserving the natural surroundings that inspire their work. The organization is currently developing additional environmental activities, demonstrating their dedication to the well-being of both the dance community and the environment. In essence, Stephen Petronio Dance Company Inc aims to provide the necessary resources to support Petronio's work, remount historic dance works, and offer artist residencies, all while promoting sustainable practices and the preservation of postmodern dance lineage.
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Impact
October, 2024
The Stephen Petronio Dance Company Inc significantly impacts the dance community through its commitment to the creation, presentation, and preservation of both new and existing choreographic works by Stephen Petronio. The company not only showcases innovative performances but also champions the legacy of postmodern dance. One of its key initiatives, the Bloodlines project, allows for the incorporation of historic works by pioneering choreographers such as Merce Cunningham and Trisha Brown into its repertoire, thereby ensuring that seminal pieces are experienced by contemporary audiences.
Additionally, the establishment of the Petronio Residency Center (PRC) in 2017 underscores the company’s dedication to nurturing the next generation of choreographers. Located in the Hudson Valley, the PRC serves as a retreat that facilitates intensive creative exploration away from the usual urban distractions, fostering an environment ripe for innovation in dance. Through artist residencies and education initiatives, it actively supports the developmental needs of choreographers and their collaborators.
Moreover, the company is taking strides in environmental stewardship with its initiative to create a permanent conservation easement on part of its property, thus combining the arts with environmental responsibility. Collectively, the initiatives of the Stephen Petronio Dance Company contribute to a rich legacy of dance, offering vital resources and opportunities that impact artists and the broader dance field for years to come.
This information is meant to be a general summary of Stephen Petronio Dance Company 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.
- Program Service Revenue: $163,050
- Gross Receipts: $1,054,077
Assets and Liabilities:
- Total Assets: $2,031,525
- Total Liabilities: $552,920
- Net Assets: $1,478,605
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCE INCOME
Revenue
$163,050
Organization Details
Founding Year
1984
Phone
(212) 473-1660Principal Officer
Gino Grenek
Main Address
140 SECOND AVE 504, NEW YORK, NY, 100038384
Website
www.petron.ioNTEE Category
Code: A62 - Arts
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