Artisan Ballet Company

Nonprofit profile at a glance

EIN
260874491
IRS 990-EZ coverage
2013–2015
Forms available
Form 990-EZ 2015, Form 990-N 2012
Location
Cypress, TX, USA
Phone
2817049139
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Official website

Reported finances

Revenue
$103,508
Expenses
$87,666
Assets
$47,725

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

1 person listed

People named in this filing

  • Martha Brem (Director)

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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Artisan Ballet Company was established to encourage a love of classical ballet training to dancers and the community in the Northwest Houston area. To promote a cultural appreciation of the performing arts by arranging educational and performance experiences for Artisan's Company dance members. Artisan Ballet Company strives to provide the finest education and training for future dancers by exposing students to a network of distinguished instructors, choreographers and directors.

What it reported doing in 2015

For calendar year 2015 Artisan Ballet Company was able to bring classical ballet to our community through 6 performances to over 2000 persons and provide the best dance education for 30 members.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% 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

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 20
  • Transparency & Controls: 100
  • Sustainability: 55
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 18.3%; rating input score 18
  • Program expense ratio: 21.7%; rating input score 22

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 15.3%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 0.54; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: -21.7% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: 22.7% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 56.9% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 18.3% of revenue deployed · 21.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $19K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2013 to 2015
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 18/100.
  • High — Financial Efficiency: Program expense ratio scored 22/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.