Belfast Flying Shoes Inc

Nonprofit profile at a glance

EIN
371752620
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025, Form 990-N 2018
Location
Belfast, ME, USA
Phone
2073380979
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Folk Arts

Official website

Reported finances

Revenue
$153,996
Expenses
$145,479
Assets
$60,789
Liabilities
$1,541

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Kay Zegel (Director and President)
  • Christine Fowler (Executive Director)

People named in this filing

  • Sally Jaskold (Director)
  • Vicky Johnson (Director)
  • Chuck Markowitz (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of Belfast Flying Shoes is to build community and cultivate well-being through the joy of traditional music and dance for people of all backgrounds and identities in Midcoast Maine.

What it reported doing in 2025

Other Programs: We produce a wide variety of programs beyond our core offerings, some in partnership with other organizations. In 2025, we reached 2,464 participants. Programs included 28 other dances (4 contra, 5 English country, 2 barn, 4 outdoor, 9 square, and 4 other); 5 workshops (calling, music, song, dancing, and fundraising); 2 concerts; 5 youth jam sessions; and a professional development opportunity at the MAHPERD conference. We also acted as fiscal sponsor for a regional conference for dance organizers, Puttin' On the Dance. Additional expenses include those that are not allocated to one particular program, such as insurance, certain promotional and advertising expenses, and website expenses.

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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 100
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.5%; rating input score 68
  • Program expense ratio: 72.4%; rating input score 72

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: 5.5%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 44.1%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 22.8% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 22.6% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 10.8% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 68.5% of revenue deployed · 72.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 6 filed program accomplishments · $105K 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: 6 filing years from 2020 to 2025
  • 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.

  • Moderate — Sustainability: Operating margin scored 46/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.