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Nyc Dance Alliance 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: 272855982 ✦ Mahwah, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Nyc Dance Alliance Foundation Inc?

Nyc Dance Alliance Foundation Inc is a nonprofit organization based in Mahwah, New Jersey. With a focus on education and charitable purposes, the foundation aims to promote public interest and advance education, particularly in the field of dance. They achieve this through their program, the Nyc Dance Alliance Foundation, which provides educational support to aspiring dancers. This includes awarding annual scholarships to fund further education, raising funds through benefit performances, and accepting donations for their cause. The foundation's mission is to nurture the next generation of professional dancers, contributing to the growth and development of the dance community.


Official website here: www.nycdance.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Star rating.

The NYC Dance Alliance Foundation Inc has received a low rating of 54%, indicating significant concerns regarding its accountability and finance practices. The organization lacks independent board members and has no financial statements available, which heavily impacts its score. Additionally, several key governance policies, such as conflict of interest and whistleblower policies, are missing, raising concerns about transparency and oversight.

Despite these organizational weaknesses, user feedback highlights a strong positive impact on its beneficiaries. Reviews from parents and donors emphasize the foundation's role in providing essential scholarship opportunities for talented young artists pursuing their education. Many express gratitude for the support their children have received, showcasing how the foundation has been a transformative force in the lives of those it assists.

Users note that the foundation not only alleviates financial burdens but also fosters personal growth and artistic development. The founder, Mr. Lanteri, is lauded for his inspirational vision, which resonates deeply with the community. While the foundation's financial and governance practices require improvement, the heartfelt testimonials reflect its significant contributions to the arts and the lives of young dancers.


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

What do the Facebook reviews say about Nyc Dance Alliance Foundation Inc?

100% of 78 reviewers on Facebook recommend the NYC Dance Alliance Foundation Inc. Here's a summary of their reviews:

Many individuals express enthusiasm for the organization, highlighting its commitment to providing young dancers with invaluable opportunities to demonstrate their talents. Participants appreciate the diverse experiences offered, such as auditions for Broadway shows and workshops focused on crucial aspects of dance like nutrition and injury prevention.

The foundation also garners praise for connecting dancers with colleges offering dance majors, including scholarship opportunities, which many see as a significant benefit. Overall, there is a strong sense of satisfaction and gratitude among reviewers for the positive impact the NYC Dance Alliance Foundation has on aspiring dancers.


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

Is Nyc Dance Alliance Foundation Inc legitimate?

Nyc Dance Alliance Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nyc Dance Alliance 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nycdance.com

What is the mission statement of Nyc Dance Alliance Foundation Inc?

The NYC Dance Alliance Foundation Inc is a nonprofit organization committed to educational and charitable purposes. Its mission is primarily aimed at educating the public on subjects beneficial to individuals and the community, as well as advancing education. The foundation has designed a program titled NYC Dance Alliance Foundation, which provides educational support to future generations of dancers. This is achieved through an annual scholarship program that nurtures and supports the next wave of professional dancers. The foundation raises funds for its initiatives through benefit performances, ticket sales, donations, and ongoing ancillary fundraisers.


Official website here: www.nycdance.com

Who is the CEO of Nyc Dance Alliance Foundation Inc?

Joseph Lanteri is the President of Nyc Dance Alliance Foundation Inc.


Official website here: www.nycdance.com

What is the revenue of Nyc Dance Alliance Foundation Inc?

Nyc Dance Alliance Foundation Inc's revenue in 2022 was $457,897.


Official website here: www.nycdance.com

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


Here are 3 key members and their salaries:


Joseph Lanteri (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Moore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Roche (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nycdance.com

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

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


Official website here: www.nycdance.com

Learn more at the official website: www.nycdance.com

Mission Statement of Nyc Dance Alliance Foundation Inc

Nyc Dance Alliance Foundation, a nonprofit organization, is committed to educational and charitable purposes. Its primary objective is to enlighten the public on beneficial topics and advance education within the community. The foundation has developed a program titled Nyc Dance Alliance Foundation to achieve these goals. Through this program, the foundation provides educational support to budding dancers, aiming to nurture the next generation of professional performers. The foundation accomplishes this by awarding annual scholarships to deserving individuals, allowing them to continue their education in the field of dance. Funding for these scholarships is sourced from benefit performances, ticket sales, donations, and ongoing ancillary fundraisers. By supporting future dancers, Nyc Dance Alliance Foundation contributes to the continuity and growth of the dance community.

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Impact




July, 2024

Nyc Dance Alliance Foundation Inc's impact lies in providing educational support to future generations of dancers through its scholarship program, NYC Dance Alliance Foundation. The foundation awards annual scholarships to one or more recipients, totaling 142 individuals, to help fund their continued education in the field of dance. This support nurtures and empowers the next generation of professional dancers, ensuring they have the resources needed to pursue their passion and further their skills. Through benefit performances, ticket sales, donations, and contributions from ongoing ancillary fundraisers, the foundation is able to make a tangible difference in the lives of aspiring dancers, advancing education and enriching the dance community.




This information is meant to be a general summary of Nyc Dance Alliance 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
$457,897 (2022)
Expenses
$433,034 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,575
  • Program Service Revenue: $55,455
  • Gross Receipts: $457,897

Assets and Liabilities:

  • Total Assets: $583,503
  • Total Liabilities: $8,825
  • Net Assets: $574,678

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Programs

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

CHITA RIVERA AWARDS

Revenue

$50,510

COLLEGE AUDITION FEES

Revenue

$2,670

DESTINY RISING TICKETS

Revenue

$2,275

Organization Details

Founding Year

2010

Principal Officer

Joseph Lanteri

Main Address

101 MCINTOSH DRIVE, MAHWAH, NJ, 07430

NTEE Category

Code: B82 - Education

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