Main Street Theatre Dance Alliance
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO STIMULATE, ENCOURAGE AND PROMOTE INTEREST IN DANCE, THEATRICAL PRODUCTIONS, MUSIC AND ALL RELATED CULTURAL ART FORMS FOR THE CITIZENS OF ROOSEVELT ISLAND.
- Income
- $699,530
- Spending
- $684,676
- Spent on programs
- 78%
- Reserves
- -0.3 months of spending
- Largest source of income
- fees for its services, 85%
- Employees
- 18
- Volunteers
- 32
- Highest pay
- $35,000, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 45 out of 100. Higher than 14% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 104% of what it owns.
Living within its means
15 of 15Income exceeded spending by 2% of income.
Income trend
15 of 15Income rose 27% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 97 out of 100. Higher than 91% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 257 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $532,471 spent. THE MAIN STREET THEATRE & DANCE ALLIANCE OFFERS THEATRE, DANCE, FITNESS CLASSES, THEATRE SHOWS, AND COMEDY & IMPROV FOR ALL AGES.-THEATER - FROM BASIC STAGECRAFT TO MORE ADVANCED CONCEPTS OF COMEDY, DRAMA, AND CLASSICAL THEATRE. FOCUS ON IMPROVISATION, THEATRE GAMES, TEAM DYNAMICS, CREATIVE MOVEMENT, SPEECH, AND VOCAL PRODUCTION; EXPLORE AND DEVELOP CHARACTERS THROUGH MONOLOGUES, SCENE WORK, AND COLD READINGS. ANNUAL PRODUCTION AND PERFORMANCE EACH SPRING.-DANCE - STUDENTS WILL LEARN BASIC, BEGINNING AND ADVANCED-BEGINNING CLASSICAL BALLET TECHNIQUE, TERMS AND STEPS. STUDENTS WILL DO BARRE AND CENTER WORK THAT DEVELOPS STRENGTH, BODY ALIGNMENT, FLEXIBILITY, GRACEFULNESS AND MUSICALITY. THERE WILL BE AN OPEN CLASS AT THE END OF THE SESSION FOR INVITED GUESTS. -FITNESS - A COMBINATION OF PILATES, YOGA, ALEXANDER TECHNIQUE AND CORE BODY MOVEMENTS. DESIGNED TO CORRECT BODY ALIGNMENT. POPULAR LOW-IMPACT AEROBIC WORKOUT, COMBINED WITH FREE WEIGHTS & BASIC FLOOR EXERCISES. DESIGNED FOR EVERY FITNESS LEVEL. YOGA AND ZUMBA IS ALSO AVAILABLE.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on November 15, 2010 for not filing returns for three years, and reinstated on July 15, 2014.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.