Anderson Young Ballet Theatre Inc
Nonprofit profile at a glance
- EIN
- 310944291
- IRS 990 coverage
- 2020–2021
- Forms available
- Form 990 2021
- Location
- Anderson, IN, USA
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $217,647
- Expenses
- $192,738
- Assets
- $1,122,051
- Liabilities
- $1,500
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- WAYNE HUFFMAN (PRESIDENT)
People named in this filing
- TERI GIRT (SECRETARY)
- TERRA S SKINNER (TREASURER)
- WAYNE HUFFMAN (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Dance education-dancers&public education & to promote the performing arts of ballet & other prof. Dance in the area.
What it reported doing in 2021
To educate & promote the performing art of dance &to provide fin. Asst. Through scholarships, to protect & preserve historical bldg., scholarships & asst. To provide performance experience to dancers & to younger children: provide the art of ballet to the general public: 3 productions & provided asst. To approx. 1470 elem. & college students:& 28 underprivileged to see & experience a ballet & to receive prof dance training. To provide performance experience to dancers & to younger children & provide the art of ballet to the gen. Public. To provide performance experience to dancers & toyounger children & provide the art of ballet to thegen public. 1470 elem. & college students & approx. 35 underprivilegedto see & experience a ballet & to receive prof dancetraining. To educate & promote the performing art of dance & to provide fin asst through scholarships, to protect & preserve historical bldg, scholarships & asst to provide performance experience to dancers & to younger children: to provide the art of ballet to the general public: 3 productions & provided asst to approx 1470 elem & college students & 20 underprivileged to see & experience a ballet & to receive prof dance training.
Operating model
- Revenue model
- Donor-supported. 65% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 92
- Accountability: 64
- Sustainability: 63
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 51.2%; rating input score 51
- Program expense ratio: 57.8%; rating input score 58
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 11.4%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 5.82; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 60; 60th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 12% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: 63.5% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 38th percentile among comparable filings
Details
- Where the money goes: 51.2% of revenue deployed · 57.8% of spending went to programs
- Governance: 11 of 11 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $111K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 2 filing years from 2020 to 2021
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Mission deployment rate scored 51/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- Review — Sustainability: Operating margin scored 53/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.