Ballet Florida
Legal name: Ballet Florida Inc
Nonprofit profile at a glance
- EIN
- 383941176
- IRS 990 coverage
- 2015–2021
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2021, Form 990-N 2014
- Location
- WPB, FL, US
- Phone
- (561) 247-7332
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Dance
Reported finances
- Revenue
- $344,944
- Expenses
- $218,708
- Assets
- $5,256,642
- Liabilities
- $2,620,123
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- LAUREN CAREY (PRESIDENT)
Highest reported compensation
- LAUREN CAREY (PRESIDENT): $23,000 total reported compensation
- LYNDSEY CAREY (VICE PRESIDE): $18,550 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ballet Florida’s mission is to educate and promote dance through high quality classes with an aim to deepen the appreciation of dance as an art form.
What it reported doing in 2021
Ballet dance program with instruction
Operating model
- Revenue model
- Investment-supported. 77% of the money available for current operations came from recurring investment income.
- 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
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: 35
- Transparency & Controls: 90
- Accountability: 63
- Sustainability: 71
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 25.9%; rating input score 26
- Program expense ratio: 62.4%; rating input score 62
- Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 1; 1st 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 9 controls in place; rating input score 11
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 36.6%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 24.03; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0.5; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 19%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 5% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: -51.1% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 6.7% per year; rating input score 100; 55th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 25.9% of revenue deployed · 62.4% of spending went to programs
- Governance: 2 of 2 board members independent · 1 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $136K in reported program spending
- Leadership: top reported pay $23K · 3 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2015 to 2021
- Contacts: How to reach this organization
- Money network: 2 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.
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 26/100.
- High — Accountability: Governance controls: 7 of 8 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.
- High — Sustainability: Officer compensation ratio scored 21/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.