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Nonprofit · EIN 51-0227086

THE INSTITUTE FOR DANCE INC

Tax-exempt · WILLIAMSBURG, VA 23188

Financials

$464K$387K2023$485K$474K2024
Revenue Expenses · by fiscal year end
Financials of THE INSTITUTE FOR DANCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$485,152$474,057$11,095$210,569$4,584$205,985
December 31, 2023990$464,257$386,668$77,589$204,175$5,525$198,650
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$485,152
Membership dues
$480,182
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$179,373
Salaries, compensation and benefits (total)
$193,019
Professional fundraising fees
$0
Occupancy
$123,174
Depreciation
$2,386
Program services (functional)
$472,244
Management and general (functional)
$1,673
Fundraising (functional)
$140

Balance sheet and other

Total assets, start of year
$204,175
Total assets, end of year
$210,569
Total liabilities, end of year
$4,584
Net assets, end of year
$205,985
Land, buildings and equipment
$38,381
Net assets without donor restrictions
$162,502
Net assets with donor restrictions
$43,483
Gross receipts
$485,152
Employees
30
Volunteers
100
Year formed
1978
State of legal domicile
VA

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 / weekCompensation
Katie KnaulDirector
Trustee or director
3$0
Kathy PalmoStudio Director
Trustee or director
40$0
Shannon RickertDirector
Trustee or director
3$0
Samantha ForsythDirector
Trustee or director
3$0
Jesse GoodrichDirector
Trustee or director
3$0
Amy HughesDirector
Trustee or director
3$0
Princess WallsDirector
Trustee or director
3$0
Lisa Carducci DeringorArtistic Director
Trustee or director
3$0
Olivia GunterDirector
Trustee or director
3$0
Rebecca LatourellPresident
Officer
20$0
Helen NguyenTreasurer
Officer
3$0
Tara StrattonVice President
Officer
3$0
Heidi PfisterSecretary
Officer
10$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
Amy HughesDirector
Trustee or director
3$0
Tara StrattonDirector
Trustee or director
3$0
Jesse GoodrichDirector
Trustee or director
3$0
Samantha ForsythDirector
Trustee or director
3$0
Katie SheehanSmithDirector
Trustee or director
3$0
Michelle AlexanderDirector
Trustee or director
3$0
Princess WallsDirector
Trustee or director
3$0
Kathy PalmoStudio Director
Trustee or director
40$0
Alison BroaddusVice President
Officer
5$0
Shannon RickertPresident
Officer
20$0
Helen NguyenTreasurer
Officer
3$0
Rebecca LatourellSecretary
Officer
3$0

Address and contacts

Address (IRS master file)
3356 IRONBOUND RD STE 501, WILLIAMSBURG, VA 23188-2445
In care of
% HELEN NGUYEN
Signed the 990
HELEN NGUYEN, Treasurer
Phone
(757) 229-1717
Return prepared by
RCPA Inc

Mission

To provide excellent dance instruction for students and high qualityproductions for the community. A recital is presented to the communityeach June to showcase the talents of the students in addition to a holiday show and other local performances.

990 for the year ended December 31, 2024

Program accomplishments

  • Offered and conducted a variety of dance classes including ballet, jazz, modern, lyrical, hop hop and tap. Classes are taught to students ranging from age three to adult.
    Expenses $472,244 · revenue $485,152

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
51-0227086
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1979
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$210,569
Income (IRS master file)
$485,152

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$485,152$474,057$210,569IRS
990December 2023$464,257$386,668$204,175XML
990December 2022$413,451$406,705$131,509IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 51-0227086).

Questions about THE INSTITUTE FOR DANCE INC

What is the EIN of THE INSTITUTE FOR DANCE INC?
The employer identification number (EIN) of THE INSTITUTE FOR DANCE INC is 51-0227086.
Is THE INSTITUTE FOR DANCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to THE INSTITUTE FOR DANCE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE INSTITUTE FOR DANCE 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 THE INSTITUTE FOR DANCE INC 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 THE INSTITUTE FOR DANCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of THE INSTITUTE FOR DANCE INC?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does THE INSTITUTE FOR DANCE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $485,152, expenses of $474,057 and total assets of $210,569 at year end.

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