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Koresh Dance Company

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

EIN: 232703616 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Koresh Dance Company?

Koresh Dance Company, based in Philadelphia, Pennsylvania, is a nonprofit organization that actively promotes dance and dance education within the community. With a dedicated workforce of 36 individuals, they provide direct educational services to the public and develop a dance repertoire for public consumption. Their mission revolves around fostering an appreciation for dance, engaging the community in this artistic form, and offering opportunities for dance education. The organization's headquarters can be found at 2002 Rittenhouse Square, Philadelphia, PA 19103.


Official website here: www.koreshdance.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 69%

The Koresh Dance Company has received a two-star rating from Charity Navigator, indicating that it requires improvement in certain accountability and financial practices. While the organization scores well in categories such as having a fully independent board and a strong financial oversight committee, there are notable gaps in essential policies like conflict of interest, whistleblower protection, and document retention.

Financially, the organization has a relatively high liabilities to assets ratio of 68.90%, which suggests potential concerns regarding fiscal health. However, it does maintain a solid program expense ratio of 69.34%, reflecting a commitment to directing funds towards its artistic programs and performances. This balance shows that while the company appears to prioritize its mission, it still faces challenges in broader financial management.

Overall, while the Koresh Dance Company demonstrates strengths in governance and program expenditures, it must address its policy deficiencies and financial liabilities to enhance its operational integrity and sustainability.


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

What do the Facebook reviews say about Koresh Dance Company?

90% of 594 reviewers on Facebook recommend Koresh Dance Company. Here is a summary of their reviews:

People express a strong enthusiasm for the hip hop classes offered at Koresh Dance Company, highlighting their enjoyment and satisfaction. The positive sentiment is palpable, with many participants emphasizing their love for the energy and vibrancy of the classes. This indicates that the nonprofit successfully delivers engaging and fulfilling programming for its audience.

Overall, the reviews reflect a community that appreciates the offerings of Koresh Dance Company, showcasing a solid reputation for providing enjoyable dance experiences. Participants feel connected and enthusiastic about the classes, indicating a positive impact on their dance journey.


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

Is Koresh Dance Company legitimate?

Koresh Dance Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Koresh Dance Company 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: $124,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $499,525

For more financial information, click here


Official website here: www.koreshdance.org

What is the mission statement of Koresh Dance Company?

The Koresh Dance Company's mission is centered around promoting dance and dance education within the community. They strive to achieve this by providing direct educational services to the public and community, as well as developing a dance repertoire for public consumption. The company's activities are geared towards fostering an appreciation for dance and making it accessible to a wide audience.


Official website here: www.koreshdance.org

Who is the CEO of Koresh Dance Company?

Steve Lazin is the President of Koresh Dance Company.


Official website here: www.koreshdance.org

What is the revenue of Koresh Dance Company?

Koresh Dance Company's revenue in 2022 was $1,303,501.


Official website here: www.koreshdance.org

Who are the executives of Koresh Dance Company and what are their salaries?

The average compensation at Koresh Dance Company during 2022 was $17,342. There are 36 employees and 15 volunteers at Koresh Dance Company.


Here are 10 key members and their salaries:


Alon Koresh (Executive Di)
  • Compensation: $67,600
  • Related: $0
  • Other: $0
Ronen Koresh (Artistic Dir)
  • Compensation: $57,200
  • Related: $0
  • Other: $0
Michele Barbone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Baker Boris (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanna Chan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Niza Davidson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Frankel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toni Alperin Goldberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Gant Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Lazin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.koreshdance.org

Where can I find the form 990 for Koresh Dance Company?

Koresh Dance Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.koreshdance.org

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

Mission Statement of Koresh Dance Company

Koresh Dance Company, a notable entity in the realm of dance, is committed to advancing dance and dance education within the community. Its mission is multifaceted, encompassing both the direct provision of educational services to the public and the development of a diverse repertoire of dance performances for public consumption. The company's primary goal is to foster a love for dance and make it accessible to all, thereby promoting cultural enrichment and artistic growth. By offering educational programs and developing captivating dance performances, Koresh Dance Company serves as a beacon of inspiration and creativity within the dance community.

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Impact




October, 2024

Koresh Dance Company significantly impacts the Philadelphia community by promoting dance and dance education. Through direct educational services, the company fosters artistic expression and engagement among residents, making dance accessible to a diverse population. The development of a rich dance repertory not only showcases the talent of performers but also enriches the cultural landscape of the city.

By offering community-centric programs, Koresh Dance Company nurtures emerging artists and cultivates an appreciation for dance, encouraging participation from all age groups. This dedication to education and outreach strengthens community connections, inspiring creativity and collaboration. Ultimately, the company's efforts contribute to the vibrancy of Philadelphia's arts scene, making dance a vital part of the community's cultural identity.




This information is meant to be a general summary of Koresh Dance Company. 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
$1,303,501 (2022)
Expenses
$1,152,579 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $123
  • Program Service Revenue: $589,455
  • Gross Receipts: $1,313,744

Assets and Liabilities:

  • Total Assets: $2,320,630
  • Total Liabilities: $1,598,977
  • Net Assets: $721,653

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Programs

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

EDUCATION

Revenue

$468,293

PERFORMANCE REVENUE

Revenue

$120,345

MERCHANDISING AND ADVERTISING

Revenue

$817

Organization Details

Founding Year

1993

Principal Officer

Steve Lazin

Main Address

2002 RITTENHOUSE SQUARE, PHILADELPHIA, PA, 19103

NTEE Category

Code: A62Z - Arts

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