Ballet Nebraska
Nonprofit profile at a glance
- EIN
- 271093011
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Omaha, NE, USA
- Phone
- 4025416946
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $2,742,363
- Expenses
- $2,056,829
- Assets
- $4,877,219
- Liabilities
- $290,952
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- ERIKA OVERTURFF (ARTISTIC DIRECTOR & CEO)
Highest reported compensation
- ERIKA OVERTURFF (ARTISTIC DIRECTOR & CEO): $141,110 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Amb is a professional dance company serving audiences in Nebraska, Iowa, and beyond. Our mission is to inspire people through dance programs of the highest quality: breathtaking performances, enriching education, and uplifting community engagement.
What it reported doing in 2024
Services include dance performances, educational programs and community engagement
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 95% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 94
- Accountability: 76
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.3%; rating input score 67
- Program expense ratio: 86.5%; rating input score 87
- Fundraising efficiency: $12.32 raised per $1 spent on fundraising; rating input score 45; 45th 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: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 17th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 25%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 2.37; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 67; 67th percentile among comparable filings
- Officer compensation ratio: 6.9%; rating input score 42; 42nd percentile among comparable filings
Growth
- Program expense growth: 9.9% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 11.2% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 16.8% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 67.3% of revenue deployed · 86.5% of spending went to programs
- Governance: 6 of 7 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.8M in reported program spending
- Leadership: top reported pay $141K · 7 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 8 filed schedules · includes major donors and grants
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
- Moderate — Sustainability: Officer compensation ratio scored 42/100.