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Nonprofit · EIN 23-2703616

KORESH DANCE COMPANY

Tax-exempt · PHILADELPHIA, PA 19103

Financials

$1M$1.2M2023$908K$1.2M2024
Revenue Expenses · by fiscal year end
Financials of KORESH DANCE COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$907,593$1,188,312-$280,719$1,795,730$1,525,835$269,895
December 31, 2023990$1,031,510$1,194,349-$162,839$2,110,861$1,560,247$550,614
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$268,943
of which government grants
$13,000
Program service revenue
$642,584
Investment income
-$582
Net gain from sales of assets
-$582
Net income from sales of inventory
-$5,855
Other revenue
-$3,352

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$145,548
Other salaries and wages
$559,034
Salaries, compensation and benefits (total)
$795,017
Professional fundraising fees
$0
Legal fees
$96
Accounting fees
$24,427
Occupancy
$35,793
Travel
$26,625
Depreciation
$26,812
Program services (functional)
$827,172
Management and general (functional)
$267,169
Fundraising (functional)
$93,971

Balance sheet and other

Total assets, start of year
$2,110,861
Total assets, end of year
$1,795,730
Total liabilities, end of year
$1,525,835
Net assets, end of year
$269,895
Land, buildings and equipment
$1,597,329
Publicly traded securities
$12,437
Net assets without donor restrictions
$80,285
Net assets with donor restrictions
$189,610
Gross receipts
$926,412
Employees
44
Volunteers
7
Year formed
1993
State of legal domicile
PA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ALON KORESHEXECUTIVE DIRECTOR
Trustee or director, Officer
40$73,800$4,490
RONEN KORESHARTISTIC DIRECTOR
Trustee or director
40$63,400$3,858
STEVE LAZINPRESIDENT
Trustee or director, Officer
1$0$0
LESLIE BAKER BORISVICE PRESIDENT
Trustee or director, Officer
1$0$0
DR JOANNA CHANSECRETARY
Trustee or director, Officer
1$0$0
ANDREW FRANKELTREASURER
Trustee or director, Officer
1$0$0
MICHELE BARBONEMEMBER
Trustee or director
1$0$0
NIZA DAVIDSON PHDMEMBER
Trustee or director
1$0$0
TONI ALPERIN GOLDBERGMEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
ALON KORESHEXECUTIVE DI
Trustee or director
40$69,700
RONEN KORESHARTISTIC DIR
Trustee or director
40$60,100
MICHELE BARBONEBOARD MEMBER
Trustee or director
1$0
LESLIE BAKER BORISVICE PRESIDE
Trustee or director, Officer
1$0
JOANNA CHANSECRETARY
Trustee or director, Officer
1$0
NIZA DAVIDSONBOARD MEMBER
Trustee or director
1$0
ANDREW FRANKELTREASURER
Trustee or director, Officer
1$0
TONI ALPERIN GOLDBERGBOARD MEMBER
Trustee or director
1$0
STEVE LAZINPRESIDENT
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
2002 RITTENHOUSE SQ, PHILADELPHIA, PA 19103-5621
Principal officer (990 for 2024)
ALON KORESH, 2002 RITTENHOUSE SQUARE, PHILADELPHIA, PA 19103
Signed the 990
ALON KORESH, EXECUTIVE DIRECTOR
Phone
(215) 751-0959
Return prepared by
MERCADIEN PC

Mission

KORESH DANCE COMPANY IS DEDICATED TO SHAPING AND ENRICHING THE CULTURAL FABRIC OF PHILADELPHIA BY CREATING EXCEPTIONAL DANCE EXPERIENCES THAT INSPIRE, EDUCATE, AND CONNECT. THROUGH PERFORMANCE, EDUCATION, AND OUTREACH, WE STRIVE TO MAKE THE ART OF DANCE ACCESSIBLE AND MEANINGFUL TO THE GREATER PHILADELPHIA COMMUNITY AND BEYOND.

990 for the year ended December 31, 2024

Program accomplishments

  • PERFORMANCE PRODUCTIONTHE COMPANY PERFORMS CRITICALLY ACCLAIMED WORKS AT ITS BIANNUAL PHILADELPHIA SEASONS, AS WELL AS IN TOURING PERFORMANCE AROUND THE COUNTRY. KORSH HAS BEEN HAILED INTERNATIONALLY, TOURING TO DESTINATIONS INCLUDING SPAIN, TURKEY, ISRAEL, SOUTH KOREA, MEXICO, AND GUATEMALA. OVER THE YEARS, THEY ORGANIZATION HAS DEVELOPED A VAST REPERTOIRE OF WORK THAT RANGES FROM EXPLOSIVE AND PASSIONATE TO INTIMATE AND RESTRAINED. THE COMPANY ALSO PRESENTS WORK BY GUEST CHOREOGRAPHERS INCLUDING OHAD NAHARIN, ROBERT BATTLE, DONALD BYRD, ITZIK GALILI, AND PAUL SELWYN NORTON.
    Expenses $447,483 · revenue $148,389
  • EDUCATIONTHE EDUCATION PROGRAM CONTAINS THE KORESH YOUTH ENSEMBLE, ESTABLISHED TO PROVIDE SERIOUS YOUNG DANCERS WITH INTENSIVE TRAINING AND PROFESSIONAL PERFORMANCE OPPORTUNITIES. STUDENTS WHO DEMONSTRATE BOTH THE TALENT AND DESIRE TO PURSUE DANCE PROFESSIONALLY AUDITION FOR THE ENSEMBLE EACH YEAR. UNDER THE DIRECTION OF MELISSA RECTOR, ASSISTANT ARTISTIC DIRECTOR OF KORESH DANCE COMPANY, ENSEMBLE MEMBERS HAVE THE OPPORTUNITY TO LEARN BOTH ORIGINAL CHOREOGRAPHY AND COMPANY REPERTORY. THEY PERFORM DURING THE COMPANY'S HOME SEASONS AT THE SUZANNE ROBERTS THEATRE, AS WELL AS AT KORESH ARTIST SHOWCASES THROUGHOUT THE YEAR. IT ALSO CONTAINS THE KORESH KIDS DANCE PROGRAM, WHICH BRINGS ARTS EDUCATION TO UNDERSERVED CHILDREN BY CREATING PARTNERSHIPS WITH PHILADELPHIA PUBLIC SCHOOLS AND PROVIDING FREE WEEKLY DANCE CLASSES FOR THEIR 4TH AND 5TH GRADE STUDENTS, PROMOTING CREATIVITY AS A CONDUIT FOR NON-VIOLENCE AND ACHIEVING LIFE GOALS.THE ORGANIZATION ALSO OPERATES A SCHOOL AND OFFERS OPEN DANCE CLASSES TO CHILDREN AND ADULTS, AS WELL AS FREE CLASSES AT 11 PUBLIC SCHOOLS.
    Expenses $379,689 · revenue $496,698

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-2703616
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
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,795,730
Income (IRS master file)
$926,412

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$907,593$1,188,312$1,795,730IRS
990December 2023$1,031,510$1,194,349$2,110,861XML
990December 2022$1,303,501$1,152,579$2,320,630IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 23-2703616).

Questions about KORESH DANCE COMPANY

What is the EIN of KORESH DANCE COMPANY?
The employer identification number (EIN) of KORESH DANCE COMPANY is 23-2703616.
Is KORESH DANCE COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to KORESH DANCE COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KORESH DANCE COMPANY 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 KORESH DANCE COMPANY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KORESH DANCE COMPANY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KORESH DANCE COMPANY?
The 990 for the year ended December 31, 2024 names ALON KORESH.
Who are the officers and directors of KORESH DANCE COMPANY?
The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $73,800 (ALON KORESH, EXECUTIVE DIRECTOR).
How much revenue does KORESH DANCE COMPANY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $907,593, expenses of $1,188,312 and total assets of $1,795,730 at year end.

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