Overview
What is The Broadway Dance Lab Inc?
The Broadway Dance Lab Inc, also known as Dance Lab New York, is a nonprofit organization situated in the heart of New York City, specifically at 433 West 34th Street, New York, NY 10001. The primary mission of this organization is to support professional dancers by offering them free studio space and resources. This enables choreographers to practice their craft and experiment with their ideas without financial constraints. With a team of 78 dedicated individuals, The Broadway Dance Lab Inc plays a significant role in fostering the growth and creativity of dance choreographers in New York.
Official website here: www.broadwaydancelab.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The Broadway Dance Lab Inc has received an overall score of 83%, indicating a solid level of accountability and financial health. This score is derived entirely from its Accountability & Finance metrics, which suggests that the organization maintains a strong focus on these areas. The presence of a majority independent board and successful audit practices reflects a commitment to transparency and effective governance.
Strengths highlighted in the evaluation include a fully independent board, with 88% of board members being independent and a well-documented structure for financial oversight. The organization has also established policies related to conflict of interest and whistleblowing, contributing to its ethical management. With a low liabilities to assets ratio of 0.69%, it indicates sound financial stability.
However, the program expense ratio stands at 62.87%, which, while decent, suggests that there may be room for improvement in allocating resources directly towards programmatic activities. This rating indicates a promising foundation, but potential donors may want to consider how funds are utilized in relation to direct impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Broadway Dance Lab Inc?
100% of 13 reviewers on Facebook recommend The Broadway Dance Lab Inc. Here is a summary of their reviews:
The feedback emphasizes the positive impact that the organization has on dancers and choreographers, highlighting Josh Prince's efforts to foster creativity in the artistic community. Reviewers appreciate the opportunities provided for exploration and innovation in dance, suggesting that the Lab plays a significant role in supporting the craft.
Overall, there is a strong sentiment expressing satisfaction with the services offered by The Broadway Dance Lab, as it seems to effectively fulfill its mission of nurturing creative expression in the world of Broadway dance.
This AI summary has been generated from reviews found on Facebook.
Is The Broadway Dance Lab Inc legitimate?
The Broadway Dance Lab Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Broadway Dance Lab 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: $163,898
Professional Fundraising Fees: $0
Other Salaries and Wages: $313,903
For more financial information, click here
Official website here: www.broadwaydancelab.org
What is the mission statement of The Broadway Dance Lab Inc?
The Broadway Dance Lab Inc's mission is centered around supporting choreographers. It strives to offer them the necessary time and space to hone their craft and experiment with their ideas. This is accomplished by providing professional dancers and studio space free of charge, allowing choreographers to work undisturbed and innovate in their field. The lab's purpose is to foster creativity and growth within the choreography community, contributing to the richness and diversity of dance performances.
Official website here: www.broadwaydancelab.org
Who is the CEO of The Broadway Dance Lab Inc?
Joshua Prince is the Vice President/Artistic Director of The Broadway Dance Lab Inc.
Official website here: www.broadwaydancelab.org
What is the revenue of The Broadway Dance Lab Inc?
The Broadway Dance Lab Inc's revenue in 2023 was $806,572.
Official website here: www.broadwaydancelab.org
Who are the executives of The Broadway Dance Lab Inc and what are their salaries?
The average compensation at The Broadway Dance Lab Inc during 2023 was $6,126. There are 78 employees and 4 volunteers at The Broadway Dance Lab Inc.
Here are 10 key members and their salaries:
- Compensation: $96,885
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- Other: $0
- Compensation: $69,615
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- Other: $0
Official website here: www.broadwaydancelab.org
Where can I find the form 990 for The Broadway Dance Lab Inc?
The Broadway Dance Lab Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.broadwaydancelab.org
Learn more at the official website: www.broadwaydancelab.org
Mission Statement of The Broadway Dance Lab Inc
The Broadway Dance Lab Inc, a notable organization, is committed to supporting choreographers in their creative journey. Its mission, in essence, is to offer choreographers the time and space they need to hone their craft and experiment with their ideas. By providing professional dancers and studio space free of charge, The Broadway Dance Lab Inc empowers these artists to explore their artistic visions and push the boundaries of dance. This environment allows choreographers to test their concepts, refine their movements, and ultimately, contribute to the evolving world of dance.
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Impact
July, 2024
The impact of The Broadway Dance Lab Inc is significant in providing choreographers with the time and space needed to practice their craft and test their ideas. By offering professional dancers and studio space free of charge, this organization plays a crucial role in supporting the development and innovation of dance choreography in the artistic community. Through this initiative, choreographers are able to explore their creativity and hone their skills, ultimately contributing to the evolution and vibrancy of the dance industry.
This information is meant to be a general summary of The Broadway Dance Lab 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 2023.
- Investment Income: $14,852
- Program Service Revenue: $177,637
- Gross Receipts: $951,676
Assets and Liabilities:
- Total Assets: $963,007
- Total Liabilities: $6,723
- Net Assets: $956,284
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPMENTAL WORKSHOPS
Revenue
$130,551
PROGRAM SERVICE FEES
Revenue
$29,241
REHEARSAL SPACE
Revenue
$17,845
Organization Details
Founding Year
2013
Phone
(646) 325-5389Principal Officer
Joshua Prince
Main Address
433 WEST 34TH STREET, NEW YORK, NY, 100011523
Website
www.broadwaydancelab.orgNTEE Category
Code: W99 - Public benefit
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