Dancewest Ballet Company
Nonprofit profile at a glance
- EIN
- 363912090
- IRS 990-EZ coverage
- 2010–2020
- Forms available
- Form 990-EZ 2020, Form 990-N 2009
- Location
- Naperville, IL, USA
- Phone
- 6307781303
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $77,178
- Expenses
- $81,619
- Assets
- $18,534
- Liabilities
- $2,679
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- REGINA MOYANO (President)
- RICARDO MOYANO (President)
People named in this filing
- REGINA MOYANO (President)
- RICARDO MOYANO (President)
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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of dancewest ballet is to provide a well rounded education to young dancers through professional training and exposure to guest artists, who bring inspiration to the dancers. To enhance their growth in discipline, poise, skill and creativity, dancewest provides professional quality performances to audiences in the western suburbs of the chicago area
What it reported doing in 2020
Members perform in the nutcracker and a spring repertoire performance. The dancers also participate in the school concert in june as well as attending the regional dance association festival held in may. The company visits public schools in the area providing lecture demonstrations and performing excerpts from the repertoire
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 31
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -5.8%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.23; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 16.7% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: -2% per year; rating input score 0; 58th percentile among comparable filings
- Asset growth: -7.8% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $82K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2010 to 2020
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.