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Dsm Management Group Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752770363 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Dsm Management Group Inc?

Dsm Management Group Inc, headquartered in Dallas, Texas, serves as a vital partner in managing and maintaining the Music Hall, a performing arts venue at Fair Park, on behalf of the city. This nonprofit organization plays a pivotal role in supporting Broadway Dallas Inc., a local non-profit dedicated to the presentation and preservation of musical comedy theater. Dsm Management Group Inc. assists in operating and managing various arts facilities, catering to the public's use and enjoyment, while also promoting educational, literary, and cultural programs for the North Texas area. With a team of approximately 30 employees, this nonprofit contributes to enhancing the artistic landscape of Dallas, ensuring the continuity of performances at the Music Hall even during challenging times, such as the COVID-19 pandemic.


Official website here: www.broadwaydallas.org

Is Dsm Management Group Inc legitimate?

Dsm Management Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dsm Management Group 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: $403,026
Professional Fundraising Fees: $0
Other Salaries and Wages: $441,734

For more financial information, click here


Official website here: www.broadwaydallas.org

What is the mission statement of Dsm Management Group Inc?

DSM Management Group Inc's mission is centered around supporting Broadway Dallas Inc., a non-profit organization dedicated to presenting and preserving musical comedy theater. The primary role of DSM Management Group is to assist in maintaining, operating, and managing various performing arts buildings and related facilities. These venues can be owned by different governmental entities, serving as places of public assembly for the benefit and enjoyment of the public. Moreover, DSM Management Group aids in carrying out educational, literary, and cultural programs for citizens in the North Texas area. The organization's purpose is to contribute to the enrichment of the community through artistic expression and cultural engagement.


Official website here: www.broadwaydallas.org

Who is the CEO of Dsm Management Group Inc?

Kenneth Novice is the CEO of Dsm Management Group Inc The CEO's salary of Dsm Management Group Inc is $183,816 and their total compensation is $433,758.


Official website here: www.broadwaydallas.org

What is the revenue of Dsm Management Group Inc?

Dsm Management Group Inc's revenue in 2023 was $3,860,930.


Official website here: www.broadwaydallas.org

Who are the executives of Dsm Management Group Inc and what are their salaries?

The average compensation at Dsm Management Group Inc during 2023 was $25,599. There are 33 employees and 6 volunteers at Dsm Management Group Inc.

Here are 12 key members and their salaries (Dsm Management Group Inc's CEO's salary is $183,816 and their total compensation is $433,758):


Kenneth Novice (President & Ceo)
  • Compensation: $183,816
  • Related: $183,816
  • Other: $66,126
Joseph Yoshitomi (Senior Vp And General Manager)
  • Compensation: $134,220
  • Related: $89,480
  • Other: $15,063
Vicky Brown (Senior Vp Of Finance)
  • Compensation: $25,255
  • Related: $176,787
  • Other: $27,488
Michael Richman (Vp Of Marketing And Patron Exp)
  • Compensation: $30,622
  • Related: $173,526
  • Other: $19,677
Christopher Cook (Director Of Production & Fac.)
  • Compensation: $41,247
  • Related: $68,745
  • Other: $13,035
Victor Kaplan (Director Of It)
  • Compensation: $32,119
  • Related: $74,942
  • Other: $12,447
Jayne Basse (Venue/Accounting Manager)
  • Compensation: $15,068
  • Related: $85,384
  • Other: $13,774
Tom W Watson (Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Florence Lowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Cannon (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Epstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Humphreys (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.broadwaydallas.org

Where can I find the form 990 for Dsm Management Group Inc?

Dsm Management Group Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.broadwaydallas.org

Learn more at the official website: www.broadwaydallas.org

Mission Statement of Dsm Management Group Inc

Dsm Management Group Inc, a corporation with the primary purpose of assisting Broadway Dallas Inc, a non-profit organization dedicated to presenting and preserving musical comedy theater, aims to support the maintenance, operation, and management of performing arts buildings and related facilities. This includes venues owned by the city of Dallas or any other governmental entity, which serve as places of public assembly for the benefit and enjoyment of the public. Dsm Management Group Inc's mission is to contribute to the carrying out of educational, literary, and cultural programs for citizens in the North Texas area, within these performing arts facilities. By doing so, the corporation plays a significant role in promoting arts and culture, providing a platform for public gatherings, and contributing to the cultural enrichment of the community.

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Impact




October, 2024

Dsm Management Group Inc plays a pivotal role in the cultural landscape of Dallas, Texas, primarily through its stewardship of the Music Hall at Fair Park. By operating, managing, and maintaining this venue, the organization creates a vibrant hub for the performing arts, facilitating a wide range of artistic expressions and performances.

The group significantly contributes to the local arts community by providing rental services to various arts organizations, including Broadway Dallas Inc. This partnership enhances the access and visibility of musical theater and other performing arts, enriching the cultural fabric of the region. With the return to normal operations post-COVID-19, Dsm Management Group Inc has been instrumental in reviving local arts programming, allowing for a robust calendar of events that engages the community.

In addition to promoting entertainment, the organization supports educational, literary, and cultural initiatives, benefiting citizens throughout the North Texas area. Through its commitment to preserving and presenting musical comedy theater, Dsm Management Group Inc fosters appreciation for the arts while creating spaces for public enjoyment and assembly. Overall, its impact extends beyond the stage, nurturing community pride and cultural enrichment.




This information is meant to be a general summary of Dsm Management Group 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
$3,860,930 (2023)
Expenses
$4,622,232 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $235
  • Program Service Revenue: $3,862,932
  • Gross Receipts: $3,862,932

Assets and Liabilities:

  • Total Assets: $5,501,944
  • Total Liabilities: $1,536,631
  • Net Assets: $3,965,313

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Programs

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

PRESERVATION FEES

Revenue

$874,949

RENTAL INCOME/LOSS

Revenue

$747,650

TENANT SERVICES/UTILITIES

Revenue

$1,382,825

LOBBY SALES

Revenue

$64,303

FOOD & BEVERAGE SALES

Revenue

$539,107

Organization Details

Founding Year

1998

Principal Officer

Kenneth T Novice

NTEE Category

Code: A60 - Arts

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