Alvin Ailey Dance Foundation Inc: $37.2M Revenue, $48.3M Expenses
New York, New York · EIN 132584273 · Filing year 2023
Alvin Ailey Dance Foundation Inc reported $37.2M in total revenue, $48.3M in total expenses, and $257.3M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $2.5M (6.73% of revenue). NonprofitTruth efficiency grade: F (30/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $37.2M
- Total Expenses
- $48.3M
- Total Assets
- $257.3M
- Reserve Months
- 64.0 months
- Surplus / (Deficit)
- $-11,112,474
- EIN
- 132584273
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $2.5M
- Officer Comp % of Revenue
- 6.73%
Alvin Ailey Dance Foundation Inc grades an F: the lowest bracket on the efficiency rubric. 30/100 composite, with multiple factors below the national benchmarks — usually a combination of precarious reserves, declining or erratic revenue, and officer compensation that runs high relative to size.
At $37.2M in 2023 revenue, Alvin Ailey Dance Foundation Inc sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. On the financial-health factor, Alvin Ailey Dance Foundation Inc runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.
Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. Officer compensation runs notably high relative to organizational size: $2.5M against $37.2M in revenue. This is one of the factors driving the efficiency grade down on the rubric. Alvin Ailey Dance Foundation Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.
How Alvin Ailey Dance Foundation Inc Compares
Alvin Ailey Dance Foundation Inc earns a NonprofitTruth efficiency grade of F (30/100). That is 26 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 6.73% of total revenue. The organization holds 64.0 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Alvin Ailey Dance Foundation Inc reported $37.2M in revenue against $48.3M in total functional expenses for filing year 2023, holding roughly 64.0 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $2.5M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 6.73% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
Get Alvin Ailey Dance Foundation Inc's next Form 990 grade
Subscribe for NonprofitTruth updates by email. No spam, unsubscribe anytime.
Alvin Ailey Dance Foundation Inc has a NonprofitTruth Efficiency Score of F (30/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Alvin Ailey Dance Foundation Inc, Donor FAQ
Alvin Ailey Dance Foundation Inc has a NonprofitTruth Efficiency Score of F (30/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Alvin Ailey Dance Foundation Inc reports $2.5M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 6.73% of the organization's $37.2M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Alvin Ailey Dance Foundation Inc reported $37.2M in annual revenue and $48.3M in total expenses for filing year 2023. The organization holds $257.3M in total assets.
Alvin Ailey Dance Foundation Inc holds approximately 64.0 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its F efficiency grade.
Alvin Ailey Dance Foundation Inc is a registered 501(c) organization with EIN 132584273, based in New York, New York. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Arts, Culture & Humanities Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.