Ballet Theatre San Luis Obispo
Nonprofit profile at a glance
- EIN
- 208393945
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- San Luis Obispo, CA, USA
- Phone
- 8054401439
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $157,906
- Expenses
- $203,578
- Assets
- $256,548
- Liabilities
- $2,154
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- BLAIR LONDON (PRESIDENT AND TREASURER)
People named in this filing
- BLAIR LONDON (PRESIDENT AND TREASURER)
- CAITY MCCARDELL (SECRETARY)
- GARRETT FOULKE (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
To provide opportunities for serious ballet dancers to dance meaningful work in real theatres.
What it reported doing in 2024
Bt-slo continues to serve the san luis obispo community with ballet instruction (classes) at our school and public performances at local area theatres and at our in-studio blackbox theatre. The school of bt-slo had approximately 75 students for fy 2024.as part of our nonprofit mission, we held multiple public performances and events:- open house event, september 2024, bt-slo studio, attendance, approximately 250.- coppelia performance, january 2025, performing arts center san luis obispo, attendance: 970.- youth performance showcase 2024, bt-slo blackbox theatre, march 2024, attendance: 225.- robin hood performance, june 2025, performing arts center san luis obispo, attendance: 770.
Operating model
- Revenue model
- Earned-program. 86% 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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 82
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.6%; rating input score 100
- Program expense ratio: 77.2%; rating input score 77
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -28.9%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 1.26; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 3.1%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 1.8% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 99.6% of revenue deployed · 77.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $157K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2016 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 5/100.
- High — Sustainability: Officer compensation ratio scored 24/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.