Form 990 for tax year 2024
Filed by THE MISTY COPELAND FOUNDATION INC.
Totals
- Total revenue
- $1,454,262
- Total expenses
- $1,142,269
- Contributions and grants received
- $1,304,347
- Grants paid
- $0
- Program service revenue
- $115,718
- Investment income
- $34,197
- Other revenue
- $0
- Total assets, end of year
- $1,753,269
- Total liabilities, end of year
- $58,555
- Net assets or fund balances, end of year
- $1,694,714
- Program services expenses (Part IX)
- $928,175
- Management and general expenses
- $129,191
- Fundraising expenses
- $84,903
- Program service expenses (Part III)
- $928,175
Program services were 81.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$49,500
-
1f · All other contributions, gifts and grants
$1,254,847
-
2a · Program service revenue: Program fees
total $115,718 · related or exempt $115,718
-
3 · Investment income
total $34,197 · related or exempt $4 · excluded $34,193
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $166,024 · program services $132,819 · management and general $16,603 · fundraising $16,602
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $494,545 · program services $440,800 · management and general $26,872 · fundraising $26,873
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $26,097 · program services $23,666 · management and general $1,216 · fundraising $1,215
-
10 · Payroll taxes
total $47,822 · program services $42,025 · management and general $2,898 · fundraising $2,899
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $1,359 · management and general $1,359
-
11c · Fees: accounting
total $10,000 · management and general $10,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $150 · management and general $150
-
11g · Fees: other
total $275,213 · program services $200,895 · management and general $50,918 · fundraising $23,400
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $12,019 · program services $522 · management and general $9,826 · fundraising $1,671
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $51,660 · program services $45,128 · management and general $3,266 · fundraising $3,266
-
17 · Travel
total $8,126 · program services $7,041 · management and general $1,085
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $2,082 · management and general $353 · fundraising $1,729
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $4,563 · program services $3,971 · management and general $296 · fundraising $296
-
23 · Insurance
total $7,829 · program services $6,815 · management and general $507 · fundraising $507
-
24a · Other expenses: Production and event costs
total $26,969 · program services $24,493 · fundraising $2,476
-
24b · Other expenses: Dues and subscriptions
total $6,465 · management and general $2,496 · fundraising $3,969
-
24c · Other expenses: Printing and Publications
total $1,346 · management and general $1,346
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $718,305 · end of year $548,359
-
2 · Savings and temporary cash investments
beginning of year $178,007 · end of year $25,012
-
3 · Pledges and grants receivable
beginning of year $500,000 · end of year $111,500
-
4 · Accounts receivable
beginning of year $14,114 · end of year $39,100
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $7,389 · end of year $7,542
-
10a · Land, buildings and equipment: cost or other basis
$14,611
-
10b · Land, buildings and equipment: accumulated depreciation
$8,108
-
10c · Land, buildings and equipment, net
beginning of year $9,216 · end of year $6,503
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $3,529 · end of year $1,015,253
-
17 · Accounts payable and accrued expenses
beginning of year $34,929 · end of year $38,831
-
19 · Deferred revenue
beginning of year $12,910 · end of year $19,724
-
27 · Net assets without donor restrictions
beginning of year $650,221 · end of year $991,631
-
28 · Net assets with donor restrictions
beginning of year $732,500 · end of year $703,083
Mission and programs · 2024
Mission
To provide community-based opportunities to explore dance, especially programs that engage young girls and boys in under-resourced communities; advance the art form of ballet through greater diversity, equity and inclusion; and promote social justice through arts activism.
-
The Misty Copeland Foundation (MCF) continued to offer its signature BE BOLD program in 2024, serving over 700 children ages 5 to 12 at 15 community-based organizations in Harlem and the Bronx. BE BOLD was conducted over two 12-week semesters, with sessions meeting twice a week for one hour per class. The program also offered a truncated program during the summer months, running from 4 to 6 weeks, depending on the site.BE BOLD encourages children to explore dance components such as alignment, strength, sequencing, and teamwork. They also learn about the history of ballet and dancers of color. BE BOLD students explore elements of music, such as tempo and rhythm, as well as the musical instruments that provide live accompaniment to their dance lessons. By participating in the program, children develop positive mindsets and traits, such as leadership, curiosity, and kindness, gaining enduring skills and knowledge they carry with them beyond the classroom.During 2024, BE BOLD involved caregivers through a program orientation and an end-of-term celebration that showcased the children's creative growth. Additionally, the MCF provided families with free tickets and transportation to professional performances, promoting art appreciation among traditionally under-resourced audiences. Opportunities during 2024 included a gala performance by the Dance Theatre of Harlem, with a piece featuring the BE BOLD Program Director and Teaching Artists, as well as performances by Ballet Hispanico, Limn Dance Company, American Ballet Kids Program, and an ABT - Studio Company Rehearsal. Students also attended a rehearsal of Unite, the Ballet Festival directed by Calvin Royal III at The Joyce Theater in August.The MCF continued to forge collaborative partnerships to strengthen BE BOLD. In early 2024, the MCF worked closely with the Manhattan School of Music (MSM) to recruit and train student musicians who would become BE BOLD Teaching Artists. This relationship helps MSM students develop additional skills like improvisation, music cueing, tempo awareness and adjustment, and more.BE BOLDs active teaching artist roster in 2024 was 40 (25 dance educators and 14 musicians). Intensive teaching artist training remains a cornerstone of MCFs professional development initiatives. Day-long and weekend-long in- depth training workshops were held in September, February, and June.MCF has improved the continuity and consistency of program delivery across our community partner sites during the past year. To achieve this, the MCF made several programmatic, curricular, and pedagogical adjustments to the BE BOLD framework based on impact assessments, program analysis, and evaluations. In addition, the MCF created a new staff position, the BE BOLD Program Coordinator, to assist the BE BOLD Program Director. The Coordinator started in August 2024.BE BOLD Year 2 Impact ReportRigorous evaluation has been a vital component of BE BOLD since its inception. The findings guide program development. The MCF began collecting student data in fall 2024 and uses its new BE BOLD growth chart to track student progress across nine indicators: coordination and endurance, posture and placement, terminology, artistry, musicality, leadership, persistence and resilience, self-regulation, and joy. Teaching artists provide each student with one glow (a strength) and one grow (area for improvement) to encourage progress and effort. This information aids in program evaluation, as well as student engagement and growth.The MCFs Year 2 Impact Report was released in September 2024, demonstrating that across most components of childrens program engagement (affective, behavioral, and cognitive), BE BOLD students sustained their levels of engagement for the duration of the program year. Data shows that for nearly all students, participation in BE BOLD was associated with growth in qualities that the program seeks to cultivate in its students: leadership, curiosity, persistence, and appreciation of dance and music. The report contained site directors observations that childrens attendance increased when BE BOLD was offered, reflecting the program's popularity and positive impact on students lives. In addition, children expressed a strong desire for more program sessions, underscoring BE BOLDs success in reaching students and making ballet fun
Expenses $928,175 · Revenue $115,718
As filed on the 2024 return.
Listed in Part VII
-
Caryn Campbell
Executive Director
- Total calculated
- $166,024
- From this org
- $146,846
- From related orgs
- $0
- Other
- $19,178
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,846
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $19,178
- Filer's total
- $166,024
-
Misty Copeland
President
- Total calculated
- $0
- Hours/week
- 5
-
Gilda Squire
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Valentino Carlotti
Director
- Total calculated
- $0
- Hours/week
- 1
-
Susan Fales-Hill
Director
- Total calculated
- $0
- Hours/week
- 1
-
Benis Reffkin
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ann Hicks
Director
- Total calculated
- $0
- Hours/week
- 1
-
Nyssa Lee
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 25 June 2025
- IRS schema version
- 2024v5.2
- Source object
- 202511769349301241
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