Overview
What is The Dance Exchange Inc?
The Dance Exchange Inc, situated in Takoma Park, Maryland, is a distinguished nonprofit organization dedicated to the creation and promotion of dance. They achieve this through public performances, residency programs, workshops, and institutes, which are presented both locally and internationally. Their thematic performances and intergenerational community-based projects cover a wide range of topics, such as relationship to the environment, creative aging, and social justice. By inviting various perspectives, they foster connections and collaborations around shared histories, places, or passions. With a team of 8 dedicated individuals, The Dance Exchange Inc encourages audience participation in the art of dance, serving as a platform for creative expression and community engagement.
Official website here: www.danceexchange.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
The Dance Exchange Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance with a score of 88%. This rating is based on a comprehensive evaluation of financial health, governance practices, and transparency, indicating that the organization effectively manages its resources and adheres to ethical standards.
Strengths of The Dance Exchange Inc include a fully independent board with all eight members meeting the criteria for independence. The organization also demonstrates strong financial oversight, with no material diversions of assets noted and a favorable ratio of program expenses, indicating that a significant portion of its budget is allocated to its mission-driven activities. Additionally, the presence of a conflict of interest policy and well-documented board meeting minutes further underscores its commitment to accountability.
However, there are some areas for improvement, specifically the absence of a whistleblower policy and a document retention and destruction policy, which are important for comprehensive governance practices. User feedback highlights positive experiences, particularly in community engagement and inclusivity through performances, showcasing the organization's impact on individuals of varying abilities and ages. Overall, The Dance Exchange Inc appears to be a well-managed nonprofit dedicated to fostering community and artistic expression.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Dance Exchange Inc legitimate?
The Dance Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dance Exchange 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: $157,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $169,414
For more financial information, click here
Official website here: www.danceexchange.org
What is the mission statement of The Dance Exchange Inc?
The Dance Exchange Inc, as a company of artists, is dedicated to creating dance and encouraging people to engage in the artistic process. Their mission is manifested through various activities such as public performances, residency programs, workshops, and institutes. These offerings are presented at various locations globally. The themes of their performances and community-based projects often revolve around relationship with the environment, creative aging, and social justice issues. The organization invites multiple voices to connect and create, sharing a common history, place, or passion.
Official website here: www.danceexchange.org
What is the revenue of The Dance Exchange Inc?
The Dance Exchange Inc's revenue in 2024 was $741,107.
Official website here: www.danceexchange.org
Who are the executives of The Dance Exchange Inc and what are their salaries?
The average compensation at The Dance Exchange Inc during 2024 was $29,704. There are 11 employees and 25 volunteers at The Dance Exchange Inc.
Here are 7 key members and their salaries:
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- Compensation: $74,008
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- Compensation: $69,350
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Official website here: www.danceexchange.org
Where can I find the form 990 for The Dance Exchange Inc?
The Dance Exchange Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.danceexchange.org
Learn more at the official website: www.danceexchange.org
Mission Statement of The Dance Exchange Inc
The Dance Exchange Inc is an organization comprising a group of artists who are dedicated to creating dance and encouraging people to participate in the art-making process. Their mission, in essence, involves the creation of innovative dance performances and engaging individuals in the art-making journey through various programs such as residencies, workshops, and institutes. These initiatives are presented at various locations globally. The themes of their performances and community-based projects often revolve around relationships with the environment, creative aging, and social justice issues. The Dance Exchange Inc fosters an inclusive environment, encouraging multiple voices to come together and connect around shared histories, places, or passions. Their goal is to promote dialogue and creativity, offering a platform for diverse perspectives to converge and create a shared experience.
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Impact
July, 2024
The Dance Exchange Inc has a significant impact on communities through its innovative approach to creating dance and engaging people in the art form. By offering public dance performances, residency programs, workshops, and institutes locally and around the world, The Dance Exchange Inc brings people together to explore themes such as environmental awareness, creative aging, and social justice. Through their intergenerational community-based projects, they invite multiple voices to connect and create around shared histories, places, or passions. This organization plays a vital role in fostering creativity, expression, and connection within communities through the power of dance.
This information is meant to be a general summary of The Dance Exchange 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 2024.
- Investment Income: $135
- Program Service Revenue: $443,860
- Gross Receipts: $744,291
Assets and Liabilities:
- Total Assets: $1,002,595
- Total Liabilities: $481,774
- Net Assets: $520,821
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$443,860
Organization Details
Founding Year
1976
Principal Officer
Silvia Roberts
Website
www.danceexchange.orgNTEE Category
Code: A620 - Arts
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