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Passes our checks

Ormao Dance Company

EIN 20-2793024 · Colorado Spgs, CO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair61 out of 100GovernanceGood86 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

ORMAO'S MISSION STATEMENT IS THREEFOLD: 1) TO PROVOKE, CHALLENGE, AND ENTERTAIN THOSE IN OUR COMMUNITY AND BEYOND THROUGH THE CREATIVE LANGUAGE OF DANCE. 2) TO ENCOURAGE DIVERSITY AND EXPERIMENTATION IN THE ARTS. 3) TO ENRICH AND ENHANCE CULTURAL OPPORTUNITIES WITHIN SOUTHERN COLORADO'S COMMUNITIES AND SCHOOLS BY SPEAR-HEADING INITIATIVES THAT BRING DANCE TO THE PUBLIC AND PROGRAMS THAT EDUCATE PEOPLE OF ALL AGES.

Income
$294,195
Spending
$302,764
Spent on programs
52%
Reserves
1.1 months of spending
Largest source of income
fees for its services, 65%
Employees
16
Volunteers
195
Highest pay
$34,600, exe/artistic

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 61 out of 100. Higher than 30% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.1 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 3% of income.

  • Income trend

    15 of 15

    Income rose 6% on the year before.

  • Spending floor

    8 of 15

    52% of spending went to programs and raising each dollar of donations cost 4 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 86 out of 100. Higher than 73% of charities in its peer group (arts and culture, $250k to $1m).

  • Independent board

    25 of 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, 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 (3)
  1. $2,019 spent. COMMUNITY ENGAGEMENT PROGRAMS RANGE FROM REGULAR "DANCE FOR PARKINSONS" CLASSES AND IN-SCHOOL EDUCATIONAL RESIDENCIES TO MATHTASTIC WHICH CREATIVELY COMBINES CURRICULUM MATH AND DANCE CONCEPTS IN ELEMENTARY SCHOOLS.
  2. $88,639 spent. ORMAO DANCE COMPANY HAS BEEN A RESIDENT PROFESSIONAL DANCE COMPANY SINCE 1990.
  3. $67,587 spent. ORMAO DANCE SCHOOL OFFERINGS INCLUDE OPEN TO THE PUBLIC DANCE CLASSES FOR AGES THREE TO ADULT AS WELL AS THREE MODERN DANCE YOUTH REPERTORY GROUPS PROVIDING BALANCED, RIGOROUS TRAINING AND PERFORMANCE OPPORTUNITIES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2011.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 November 4, 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.