Hyde Park School of Dance
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Hyde Park School of Dance provides opportunities for students of all ages to study, perform, and create classical and contemporary dance at the highest levels of discipline and artistry. Our goal is to cultivate a love of dance and strength of body, mind, and character that will benefit our students throughout their lives.
- Income
- $1.6 million
- Spending
- $1.4 million
- Spent on programs
- 90%
- Reserves
- 2.5 months of spending
- Largest source of income
- fees for its services, 63%
- Employees
- 65
- Volunteers
- 0
- Highest pay
- $83,000, ex-officio
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
Fair: 60 out of 100. Higher than 32% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.5 months of spending.
Debt
5 of 20It owes 57% of what it owns.
Living within its means
15 of 15Income exceeded spending by 13% of income.
Income trend
15 of 15Income rose 14% on the year before.
Spending floor
15 of 1590% of spending went to programs and raising each dollar of donations cost 5 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: 92 out of 100. Higher than 54% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2513 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no 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
15 of 15Its accounts were audited by an independent accountant.
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 (4)
- $981,523 spent. Hyde Park School of Dance (HPSD) provides instruction in classical and contemporary dance for students 18months through 60+. In the fiscal year ending 6/30/2024, HPSD enrolled over 500 students offering over 100 hours of weekly instruction in two 16-week sessions from September-May, and two 4-week summer sessions. Additional intensives and workshops were offered throughout the year.
- $183,872 spent. During the fiscal year ending 6/30/2024, HPSD provided students with live performance opportunities including the 29th annual production of The Nutcracker (December 2023) featuring 194 dancers, presented live in Chicago and recorded for digital distribution. The annual Spring Concert was presented at the Museum of Science and Industry and featured three different shows including students ages 3-adult. The youth pre-professional training companies participated in a variety of public performances, festivals, and engagement programs throughout the community.
- $79,088 spent. HPSD awarded scholarships to 31 dancers between the ages of 7 and 18. Scholarships offer tuition assistance between 10-90% and are awarded primarily based on financial need. The process includes an application, submitting proof of income, an open audition for dancers, and interviews for parents/guardians.
- $55,412 spent. Hyde Park School of Dance's Community Engagement outreach program works with schools and local park districts to create robust pathways for talented and committed young dancers through dance based classes, workshops, and free concerts to reach more than 1000 people. The Community Engagement program taught regular classes at public elementary schools, charter and private schools, and Chicago park district facilities.
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? Passed.
Not on the IRS automatic revocation list.
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 October 2002.
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.