Denver Ballet Guild
Nonprofit profile at a glance
- EIN
- 742107342
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Littleton, CO, USA
- Phone
- 3032572396
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Dance
Reported finances
- Revenue
- $353,536
- Expenses
- $338,779
- Assets
- $1,936,306
- Liabilities
- $240,576
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
40 people listed
Executive titles in this filing
- Caroline Rodawig (President)
- Janet Hayes (Vice President)
- Julia Porterfield (President Elect)
People named in this filing
- Caroline Rodawig (President)
- Dawn Wolf (Secretary)
- Janet Hayes (Vice 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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support and promote ballet and dance.
What it reported doing in 2024
The Denver Ballet Guild makes a significant impact on the community by awarding grants to professional dance companies, by providing financial scholarships for young dancers, and by offering dance education. The goals of the Guild's programs are to promote excellence in performance and to increase the size of dance audiences.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 52% for direct work, and 48% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - 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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 84
- Accountability: 82
- Sustainability: 58
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.5%; rating input score 81
- Program expense ratio: 80.7%; rating input score 81
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 86.7%; rating input score 87; 3rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 89.2%; rating input score 89; 52nd 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: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.2%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 5.72; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -2.7% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: -5.5% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 4.1% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 80.5% of revenue deployed · 80.7% of spending went to programs
- Governance: 40 of 40 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $273K in reported program spending
- Leadership: top reported pay $0 · 40 people listed
- Consistency: 21 of 23 current checks pass · 2 findings to review
- 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: 6 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.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 24/100.