Overview
What is Dance Masters Of America Inc?
Dance Masters of America Inc. is a nonprofit organization situated in Metairie, Louisiana, with a focus on the art of dancing. Their primary mission is to improve dancing education and teaching methods, fostering unity and collaboration among dance instructors in the United States and Canada. The organization offers an annual gathering for its members to share insights and advance their professional growth. One of their initiatives, the Students Honors Intensive Program (SHIP), is a five-day conference designed to enhance the skills of honor students by teaching them advanced techniques. With a modest workforce of two individuals, Dance Masters of America Inc. continues to contribute to the dance community by promoting better instructional strategies and fostering a sense of unity among its members.
Official website here: www.dma-national.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Dance Masters Of America Inc has achieved an impressive 96% score from Charity Navigator, reflecting strong performance in accountability and finance. This score is derived solely from their high accountability measures, indicating a commitment to transparency and responsible financial practices. The organization has demonstrated effective governance with an independent board and a solid financial statement review process.
The nonprofit has excelled in various aspects of financial health, including a low liabilities to assets ratio of 0.17%, which suggests a strong fiscal position. Additionally, a program expense ratio of 73.31% signifies that a significant portion of their expenses is dedicated to their programs, further underlining their focus on mission-driven work. The presence of robust policies regarding conflict of interest, whistleblower protections, and document retention enhances their credibility.
Overall, Dance Masters Of America Inc showcases exceptional standards in governance and financial management. While the high rating underscores their strengths, continued attention to maintaining these standards will be essential for sustainable success in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Dance Masters Of America Inc legitimate?
Dance Masters Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dance Masters Of America 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: $89,356
For more financial information, click here
Official website here: www.dma-national.org
What is the mission statement of Dance Masters Of America Inc?
Dance Masters of America Inc's mission is centered around enhancing the art of dancing and improving its teaching methods. They strive to establish more consistent and standardized instruction techniques among dance teachers in the United States and Canada. The organization encourages annual meetings among its members for collective study and sharing of insights related to their profession. Dance Masters of America Inc fosters mutual interests and fraternal cooperation among its members, aiming to advance the art of dancing and improve the practice of its teaching.
Official website here: www.dma-national.org
Who is the CEO of Dance Masters Of America Inc?
Charleen Locas is the Principal Officer of Dance Masters Of America Inc.
Official website here: www.dma-national.org
What is the revenue of Dance Masters Of America Inc?
Dance Masters Of America Inc's revenue in 2022 was $1,007,358.
Official website here: www.dma-national.org
Who are the executives of Dance Masters Of America Inc and what are their salaries?
The average compensation at Dance Masters Of America Inc during 2022 was $44,678. There are 2 employees at Dance Masters Of America Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $65,356
- Related: $0
- Other: $65,356
Official website here: www.dma-national.org
Where can I find the form 990 for Dance Masters Of America Inc?
Dance Masters Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dma-national.org
Learn more at the official website: www.dma-national.org
Mission Statement of Dance Masters Of America Inc
Dance Masters of America Inc, as a renowned organization, is committed to promoting and enhancing the art of dancing. Its mission is threefold. Firstly, it aims to improve the teaching of dance by establishing more uniform methods among dance instructors in the United States and Canada. This endeavor is designed to elevate the standard of dance education across the two nations.
Secondly, Dance Masters of America Inc encourages its members to meet annually for collective study of conditions relevant to their profession. This collaborative approach fosters a shared understanding of the dance industry, enabling teachers to exchange ideas and best practices.
Lastly, the organization seeks to foster mutual interests and fraternal cooperation among its members. By encouraging a sense of community among dance instructors, Dance Masters of America Inc aims to create a supportive network that can collectively shape the future of dance education. Overall, the mission of Dance Masters of America Inc is to advance the art of dancing and improve its teaching, ultimately benefiting both the instructors and the students.
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Impact
July, 2024
Dance Masters Of America Inc has a significant impact on the dance community by advancing the art of dancing, improving the practice of teaching dance, and establishing better and more uniform methods of instruction among teachers in the United States and Canada. Through their programs like the Students Honors Intensive Program (SHIP), they provide a platform for talented students to enhance their skills and become more proficient in their performance. By facilitating annual gatherings for cooperative study and fostering fraternal cooperation among members, Dance Masters Of America Inc plays a crucial role in elevating the standards and quality of dance education. Their dedication to the arts benefits both aspiring dancers and experienced instructors, contributing to the overall growth and development of the dance industry.
This information is meant to be a general summary of Dance Masters Of America 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 2022.
- Investment Income: $9,820
- Program Service Revenue: $994,548
- Gross Receipts: $1,007,358
Assets and Liabilities:
- Total Assets: $3,462,834
- Total Liabilities: $692
- Net Assets: $3,462,142
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NATIONAL CONVENTION
Revenue
$781,021
MEMBERSHIP DUES
Revenue
$125,392
TEACHERS TRAINING
Revenue
$35,749
GENERAL SCHOLARSHIP
Revenue
$22,380
STUDENTS HONORS INTENS
Revenue
$16,475
Organization Details
Founding Year
1966
Phone
(504) 454-1376Principal Officer
Charleen Locas
Main Address
4621 REICH STREET, METAIRIE, LA, 70006
Website
www.dma-national.orgNTEE Category
Code: A62 - Arts
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