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Extensions 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: 421708399 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Extensions Dance Company?

Extensions Dance Company is a nonprofit organization situated in Chicago, Illinois, specifically at 3933 North Elston Avenue 2nd Floor. Their primary mission is to offer a comprehensive artistic education to serious young dancers, while simultaneously fostering a strong sense of community among them. Through community outreach and educational programs, they aim to enlighten both the young dancers and the public about the significant role dance plays in nurturing the human spirit within oneself and others. With a team of just two dedicated individuals, Extensions Dance Company strives to make a meaningful impact on the dance community.


Official website here: www.extensionsdance.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Extensions Dance Company has received an overall rating of 81%, indicating a strong performance, particularly in the area of Accountability & Finance. This score reflects the organization's commitment to transparency and sound financial practices, with a perfect score for the material diversion of assets, financial statements, and tax form disclosures, including a variety of important policies.

The financial metrics reveal that the organization maintains a healthy ratio of liabilities to assets at 0.00%, showcasing its financial stability. Additionally, a significant portion of its expenditures, approximately 80.41%, is allocated directly to program expenses, highlighting its focus on fulfilling its mission through direct programming rather than administrative costs.

While the organization shows strengths in transparency and program spending, notable points include the compensation for key personnel, particularly the Artistic Director, who receives a salary of $112,250, while other key positions are compensated at $0. This may raise questions about salary equity within the organization, which could be important for potential donors to consider. Overall, Extensions Dance Company demonstrates solid financial management and accountability practices.


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

Is Extensions Dance Company legitimate?

Extensions Dance Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Extensions 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: $150,791
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.extensionsdance.com/

What is the mission statement of Extensions Dance Company?

The Extensions Dance Company, dedicated to serious young dancers, aims to provide them with a comprehensive artistic education and foster a strong sense of community. This is achieved through various initiatives, including community outreach, educational programs, and mentoring opportunities. By doing so, the young dancers, as well as the public, are educated about the significance of dance in nurturing the human spirit within themselves and those around them.


Official website here: www.extensionsdance.com/

Who is the CEO of Extensions Dance Company?

Lauren Brown is the Artistic Director of Extensions Dance Company.


Official website here: www.extensionsdance.com/

What is the revenue of Extensions Dance Company?

Extensions Dance Company's revenue in 2022 was $618,505.


Official website here: www.extensionsdance.com/

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

The average compensation at Extensions Dance Company during 2022 was $75,396. There are 2 employees and 9 volunteers at Extensions Dance Company.


Here are 3 key members and their salaries:


Elizabeth Mackenzie Pontarelli (Artistic Director)
  • Compensation: $112,250
  • Related: $0
  • Other: $6,642
Lauren Brown (Executive Director / Treas)
  • Compensation: $40,000
  • Related: $0
  • Other: $1,300
Kimberly Stibal (Assistant Artistic Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.extensionsdance.com/

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

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


Official website here: www.extensionsdance.com/

Learn more at the official website: www.extensionsdance.com/

Mission Statement of Extensions Dance Company

Extensions Dance Company, a nonprofit organization, is committed to providing a comprehensive artistic education to serious young dancers. Beyond just honing their dancing skills, the company aims to instill in them a strong sense of community. Through various community outreach programs, education, and mentoring opportunities, Extensions Dance Company seeks to educate both the young dancers and the public about the transformative power of dance in nurturing the human spirit within themselves and those around them. This mission is achieved by fostering a supportive environment where young dancers can grow and develop their talents, while also contributing positively to their communities.

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Impact




July, 2024

Extensions Dance Company has a significant impact on serious young dancers in Chicago, Illinois. By providing these dancers with an artistic education and a strong sense of community, the company is shaping the next generation of talented performers. Through community outreach, education, and mentoring opportunities, Extensions Dance Company not only nurtures the artistic talent of its members but also educates the public about the importance of dance in fulfilling the human spirit. This commitment to both individual growth and community engagement makes Extensions Dance Company a vital force in the arts scene in Chicago.




This information is meant to be a general summary of Extensions 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
$618,505 (2022)
Expenses
$622,648 (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: $501,197
  • Gross Receipts: $631,923

Assets and Liabilities:

  • Total Assets: $80,237
  • Total Liabilities: $0
  • Net Assets: $80,237

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Programs

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

PROGRAM FEES

Revenue

$501,197

Organization Details

Founding Year

2006

Principal Officer

Lauren Brown

Main Address

3933 NORTH ELSTON AVENUE 2ND FLOOR, CHICAGO, IL, 60618

NTEE Category

Code: A62 - Arts

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