Canton Ballet
Nonprofit profile at a glance
- EIN
- 346608636
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Canton, OH, USA
- Phone
- 3304557220
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $826,775
- Expenses
- $811,289
- Assets
- $651,971
- Liabilities
- $153,654
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- AMELIA DIAMOND (PRESIDENT)
- MARIA CHARIF (VICE PRESIDENT)
- JOY RAUB (EXECUTIVE DIRECTOR)
Highest reported compensation
- JENNIFER HAYWARD (ARTISTIC DIRECTOR): $72,390 total reported compensation
- JOY RAUB (EXECUTIVE DIRECTOR): $57,902 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Canton ballet is a non-profit organization committed to fostering an appreciation of the art of dance within the local community and dedicated to providing the highest artistic quality of instruction by operating a school for all ages and skill levels and a pre-professional company with opportunities for the serious or career-oriented student at the advanced level.
What it reported doing in 2024
Canton ballet offers a pre-professional company and school with professional faculty operated year-round for over 285 students ages toddler through adult.
Operating model
- Revenue model
- Earned-program. 71% of the money available for current operations came from fees and other program revenue.
- 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.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.9%; rating input score 69
- Program expense ratio: 70.5%; rating input score 71
- Fundraising efficiency: $9.57 raised per $1 spent on fundraising; rating input score 36; 36th 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; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.9%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.8; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 16.1%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 2.1% per year; rating input score 100; 27th percentile among comparable filings
- Revenue growth: 1.7% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: 8.1% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 68.9% of revenue deployed · 70.5% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $572K in reported program spending
- Leadership: top reported pay $72K · 17 people listed
- Consistency: 36 of 36 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 15 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
- Moderate — Sustainability: Operating margin scored 42/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 21/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.