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Nonprofit · EIN 11-2726558

DANCEWAVE INC

Tax-exempt · BROOKLYN, NY 11217

Financials

$1.1M$1.1M2023$1.3M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of DANCEWAVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,261,927$1,180,260$81,667$2,188,436$1,296,661$891,775
June 30, 2024990$1,117,855$1,096,332$21,523$2,129,696$1,319,588$810,108
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$455,544
of which government grants
$314,365
Program service revenue
$703,932
Investment income
$21,865
Net rental income
$67,558
Other revenue
$80,586

Expenses

Grants and similar amounts paid
$55,992
Compensation of officers, directors and key employees
$96,822
Other salaries and wages
$712,947
Salaries, compensation and benefits (total)
$888,152
Professional fundraising fees
$0
Accounting fees
$7,752
Occupancy
$108,564
Travel
$5,200
Depreciation
$5,172
Program services (functional)
$914,292
Management and general (functional)
$220,444
Fundraising (functional)
$45,524

Balance sheet and other

Total assets, start of year
$2,129,696
Total assets, end of year
$2,188,436
Total liabilities, end of year
$1,296,661
Net assets, end of year
$891,775
Land, buildings and equipment
$14,881
Net assets without donor restrictions
$786,558
Net assets with donor restrictions
$105,217
Gross receipts
$1,261,927
Employees
84
Volunteers
7
Year formed
1985
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Nicole TouzienExecutive Director40$84,788$4,253
Rachel BrushBoard member
Trustee or director
1$0$0
Kenzie YedlinSecretary
Trustee or director, Officer
1$0$0
Kinjal ParekhVice-Chair
Trustee or director, Officer
1$0$0
Nicole BestBoard member
Trustee or director
1$0$0
Todd SpillaneBoard Chair
Trustee or director, Officer
1$0$0
Tiffany MellardBoard member
Trustee or director
1$0$0
Dagmar NedbalBoard member
Trustee or director
1$0$0
Livia ReussTreasurer
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
Nicole TouzienExecutive Director40$85,027$4,975
Vanessa WilliamsBoard Vice Chai
Trustee or director, Officer
1$0$0
Kinjal ParekhSecretary
Trustee or director, Officer
1$0$0
Nicole BestBoard member
Trustee or director
1$0$0
Todd SpillaneBoard Chair
Trustee or director, Officer
1$0$0
Tiffany MellardBoard member
Trustee or director
1$0$0
Dagmar NedbalBoard member
Trustee or director
1$0$0
Livia ReussBoard member
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
182 4TH AVE, BROOKLYN, NY 11217-3110
Principal officer (990 for 2024)
Kristen Stout
Signed the 990
Kristen Stout, Managing Director
Phone
(718) 522-4696
Return prepared by
Mary G Sormeley CPA

Mission

Dancewave, Inc. is a nonprofit arts organization that transforms the lives of New York City youth through unique exposure to world-class, pre-professional performing arts training.

990 for the year ended June 30, 2025

Program accomplishments

  • ? Our community residency program reached over 2500 NY students in over 130 different residencies throughout all five boroughs. ? We have prioritized flexible and tuition free access for all youth programming at the Dancewave Center. Thanks to the generous support of our community, we were able to offer $50,000 in tuition assistance and ensure that students were not denied access to quality dance experiences due to financial barriers.? Dancewaves youth company program reached over 40 students this year, the highest engagement weve had in several years. Our youth company program provides a spacious dance training program that builds ability, artistic integrity, and leadership skills. Incorporating technique classes, rehearsals with renowned choreographers, performance and choreographic opportunities, and intentional community-building through movement, our proven effective training provides dancers with leadership development, individual mentoring, and restorative whole-person education.? Our rehearsal subsidy program provided over 1800 subsidized hours booked in 2025. Reaching over 600 local artists in the community throughout the year. Additionally, we offer a Class Share program which invites artists to hold their own classes in our space while providing a flexible registration fee. This year we hosted 60 artists in our space offering classes in a large variety of genres. ? Our annual Dancewave Through College & Beyond program was a success, providing 400 high school students and families with essential college and career development support. This program facilitates successful transitions to higher education and careers in the arts through networking events, workshops and panel discussions, college fairs and college auditions. New in FY25 the program expanded into three sessions as a year round program.
    Expenses $914,292 · revenue $647,940

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
11-2726558
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1988
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,188,436
Income (IRS master file)
$1,261,927

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,261,927$1,180,260$2,188,436IRS
990June 2024$1,117,855$1,096,332$2,129,696IRS
990June 2023$1,192,736$1,212,199$2,168,019IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-2726558).

Questions about DANCEWAVE INC

What is the EIN of DANCEWAVE INC?
The employer identification number (EIN) of DANCEWAVE INC is 11-2726558.
Is DANCEWAVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to DANCEWAVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DANCEWAVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DANCEWAVE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DANCEWAVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of DANCEWAVE INC?
The 990 for the year ended June 30, 2025 names Kristen Stout.
Who are the officers and directors of DANCEWAVE INC?
The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $84,788 (Nicole Touzien, Executive Director).
How much revenue does DANCEWAVE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,261,927, expenses of $1,180,260 and total assets of $2,188,436 at year end.

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