Ballet Guild of Ithaca Inc
Nonprofit profile at a glance
- EIN
- 160912508
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024
- Location
- Ithaca, NY, USA
- Phone
- 6072771967
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $159,369
- Expenses
- $170,119
- Assets
- $31,788
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Jennifer Jolly (President)
People named in this filing
- Cindy Reid (Artistic Director)
- Bronwyn Butcher (Treasurer)
- Amy Opperman-Cash (Marketing 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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Education and performance of ballet
What it reported doing in 2024
Ballet Performances: Fall = 387 attended, Ithaca Nutcracker = 2580 attended, Geneva Nutcracker = 549 attended, Winterdance = 199 attended, Sleeping Beauty= 680 attended. TOTAL ATTENDANCE: 4395 Dance instruction: Summer 2024 Dance program = 33 dancers attended
Operating model
- Revenue model
- Earned-program. 73% of the money available for current operations came from fees and other program revenue.
- 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 100
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.3%; rating input score 95
- Program expense ratio: 89.2%; rating input score 89
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: -6.7%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 22.6%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 3.5% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 2.4% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 4.8% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 95.3% of revenue deployed · 89.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $152K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 16 filing years from 2009 to 2024
- 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.
- High — Sustainability: Operating margin scored 19/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- High — Sustainability: Officer compensation ratio scored 15/100.