Overview
What is American Dance Competition Inc?
American Dance Competition Inc, identified as ADC IBC, is a nonprofit organization based in St. Petersburg, Florida. Their primary focus is on supporting and fostering the growth of talented young dancers. They function as a bridge between the international dance community and local artists, offering opportunities for learning, idea exchange, advanced training, and professional growth. ADC IBC serves as a platform for directors to scout emerging talent and provides regional performance chances for local dancers to engage and benefit. Through their initiatives, they have successfully placed 65 amateur dancers into professional programs on scholarship, and over 500 scholarships were offered. The organization is led by a team of one dedicated individual.
Official website here: www.adcibc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Stars)
American Dance Competition Inc has received a One-Star rating from Charity Navigator, indicating significant areas of concern in its accountability and financial practices. The organization's score of 53% reflects a lack of transparency regarding its financial statements and missing critical policies such as conflict of interest and whistleblower protections. Despite these issues, the charity demonstrates some strengths, with a fully independent board and a solid program expense ratio of 68.70%, suggesting that a majority of its funds are directed towards its mission-related activities.
One notable strength is the organization's commitment to maintaining an independent board, which can enhance governance and decision-making. However, the absence of essential financial documentation and policies raises concerns about the overall management and oversight of the charity. Additionally, the high liabilities to assets ratio of 68.63% is a red flag, indicating potential financial instability that may impact the organization's operations over time.
In summary, while American Dance Competition Inc shows some positive governance features, the lack of financial transparency and necessary organizational policies significantly detracts from its overall potential to effectively serve its mission. Prospective donors and stakeholders may want to consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is American Dance Competition Inc legitimate?
American Dance Competition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Dance Competition 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: $42,413
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,423
For more financial information, click here
Official website here: www.adcibc.com
What is the mission statement of American Dance Competition Inc?
American Dance Competition Inc, often referred to as ADC IBC, is committed to fostering the growth of talented young dancers. It serves as a prominent platform and advocate for the international dance community. The organization offers several key services. Firstly, it provides a space for students and teachers to learn, share ideas, and pursue advanced training and professional opportunities. Secondly, ADC IBC functions as a hub where dance directors can scout promising talent. Lastly, it offers regional outreach performance opportunities, allowing local dancers to engage and benefit from the dance community.
Official website here: www.adcibc.com
Who is the CEO of American Dance Competition Inc?
Audrianna Broad is the President of American Dance Competition Inc.
Official website here: www.adcibc.com
What is the revenue of American Dance Competition Inc?
American Dance Competition Inc's revenue in 2023 was $598,901.
Official website here: www.adcibc.com
Who are the executives of American Dance Competition Inc and what are their salaries?
The average compensation at American Dance Competition Inc during 2023 was $84,836. There is 1 employee and 2 volunteers at American Dance Competition Inc.
Here are 4 key members and their salaries:
- Compensation: $29,907
- Related: $0
- Other: $0
- Compensation: $2,025
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.adcibc.com
Where can I find the form 990 for American Dance Competition Inc?
American Dance Competition Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.adcibc.com
Learn more at the official website: www.adcibc.com
Mission Statement of American Dance Competition Inc
American Dance Competition Inc, often referred to as ADC IBC, is committed to fostering the growth of talented young individuals in the realm of dance. Acting as a prominent figure and advocate within the International Dance Community, ADC IBC provides a platform for both students and teachers to learn, share ideas, and pursue advanced training and professional opportunities. Furthermore, the organization serves as a central hub where directors can scout upcoming talent, offering a valuable networking opportunity. Additionally, ADC IBC provides regional outreach performance opportunities, enabling local dancers to engage and reap the benefits of their craft. By fulfilling these roles, ADC IBC plays a significant part in nurturing the development of young dancers, ultimately contributing to the enrichment of the global dance community.
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Impact
July, 2024
American Dance Competition Inc, also known as ADC IBC, has made a significant impact on the dance community by providing a platform for talented youth to thrive and grow in their craft. Through its dedication to nurturing the development of young dancers, ADC IBC has facilitated numerous opportunities for students and teachers to learn, exchange ideas, and seek advanced training and professional opportunities.
One of the notable achievements of ADC IBC is placing 65 amateur students into professional programs on scholarship, demonstrating their commitment to supporting young talent in transitioning to professional careers. Additionally, over 500 scholarships were offered to aspiring dancers, highlighting their efforts to make dance education more accessible and inclusive.
Furthermore, ADC IBC has acted as a meeting place for directors to scout upcoming talent, contributing to the growth of the dance industry by identifying and promoting promising performers. Through regional outreach performance opportunities, local dancers have been able to engage with the dance community and benefit from the exposure and experience provided by ADC IBC.
Overall, American Dance Competition Inc's impact on the dance community is significant, with a focus on nurturing young talent, providing educational opportunities, and creating pathways for aspiring dancers to succeed in the professional realm.
This information is meant to be a general summary of American Dance Competition 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: $10,906
- Program Service Revenue: $534,502
- Gross Receipts: $601,382
Assets and Liabilities:
- Total Assets: $820,948
- Total Liabilities: $525,450
- Net Assets: $295,498
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM ENTRY FEES
Revenue
$505,896
PROGRAM TICKET SALES
Revenue
$15,086
PROGRAM ADVERTISING SALES
Revenue
$1,380
MISCELLANEOUS REBATES/REFUNDS
Revenue
$12,140
Organization Details
Founding Year
2005
Phone
(407) 529-6729Principal Officer
Audrianna Broad
Main Address
3135 1st Ave N Suite 13925, St Petersburg, FL, 33733
Website
www.adcibc.comNTEE Category
Code: A62 - Arts
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