Ballet Five Eight Nfp
Nonprofit profile at a glance
- EIN
- 455395602
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Orland Park, IL, USA
- Phone
- 7083298773
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $1,462,263
- Expenses
- $1,253,670
- Assets
- $701,471
- Liabilities
- $765,127
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- CYNTHIA NEWLAND (PRESIDENT)
Highest reported compensation
- JULIANNA SLAGER (ARTISTIC DIR): $43,569 total reported compensation
- JEREMY SLAGER (EXECUTIVE DI): $42,430 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ballet 5:8 continued to advance its mission of sparking conversation on life, faith, and human dignity through innovative storytelling and world- class dance.
What it reported doing in 2024
Ballet 5:8 employed 30 professional dancers and served more than 500 students annually through the school of ballet 5:8, providing training, mentorship, and career development for aspiring artists. The company reached thousands of audience members across Illinois through live performances, partnerships, and educational outreach. Key initiatives included the world premiere of la llorona, a new ballet exploring postpartum depression and maternal mental health. The project was developed in partnership with the national museum of mexican art and the postpartum depression alliance of Illinois, and included community workshops with the raices storytelling coalition, where latina mothers shared lived experiences to promote healing and awareness. Ballet 5:8 also forged a landmark collaboration with the kehrein center for the arts in chicagos austin neighborhood, bringing ballet to the venue for the first time. This performance celebrated the contributions of latina and black women in the arts and featured choreography by artistic director julianna rubio slager, guest artist rachel hutsell of New York city ballet, and spoken word artist quina aragon. Through these programs, ballet 5:8 expanded access to professional dance, amplified underrepresented voices, and strengthened illinoiss creative economy by employing artists and engaging communities statewide.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.8%; rating input score 67
- Program expense ratio: 77.9%; rating input score 78
- Fundraising efficiency: $21.91 raised per $1 spent on fundraising; rating input score 61; 61st percentile among comparable filings
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: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 14.3%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0.56; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 1.09; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 6.9%; rating input score 47; 47th percentile among comparable filings
Growth
- Program expense growth: 12% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 13.7% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 18.7% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 66.8% of revenue deployed · 77.9% of spending went to programs
- Governance: 4 of 4 board members independent · 8 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $976K in reported program spending
- Leadership: top reported pay $44K · 7 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 9 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Total-asset coverage ratio scored 26/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- Moderate — Sustainability: Officer compensation ratio scored 47/100.