American Friends of Les Etes De La Danse Inc
Nonprofit profile at a glance
- EIN
- 454202156
- IRS 990-EZ coverage
- 2020–2020
- Forms available
- Form 990 2019, Form 990-EZ 2020
- Location
- Stamford, CT, USA
- Phone
- 2128744710
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $156,250
- Expenses
- $169,412
- Assets
- $35,135
- Liabilities
- $900,000
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Edward A Reilly (President)
People named in this filing
- Hal Witt (Secretary/Treasurer)
- Edward A Reilly (President)
- Marina DeBrantes (Honorary Chairman)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Les Etes de la Danse is an Annual Dance Festival that began in July 2005 with an extremely well received engagement of the San Francisco Ballet. Addressing the lack of major performing arts presentations during the summer in Paris, the festival brings the world's greatest companies to enthusiastic audiences in the European capital of dance. In recognition of the festival's close ties to the American dance community, the American Friends of Les Etes de la Danse ("AFLED"), a U.S. based tax-exempt, not-for-profit organization was established in 2012 to provide support for the festival's presentation of American companies and artists.
What it reported doing in 2020
Engagements of Dutch National Ballet and English National Ballet.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 100
- Sustainability: 14
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.9%; rating input score 98
- Program expense ratio: 90.3%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -8.4%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 25.62; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 7.1%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -34.5% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -28.1% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 97.9% of revenue deployed · 90.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $153K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 14/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- High — Sustainability: Officer compensation ratio scored 29/100.