Encinitas Ballet Academy and Arts Center
Nonprofit profile at a glance
- EIN
- 300734546
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2020
- Location
- Encinitas, CA, USA
- Phone
- 7606324947
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Dance
Reported finances
- Revenue
- $188,805
- Expenses
- $187,879
- Assets
- $30,000
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Sayat Asatryan (President, Chief Excusive Officer)
People named in this filing
- Sayat Asatryan (President, Chief Excusive Officer)
- Olga Tchekachova (Chief Financial Officer)
- Sergey Simavoryan (Secretary)
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
Encinitas Ballet advances the art of classical ballet through professional public performances, education, and community engagement. The organization: Stages professional ballet performances for the public, including The Nutcracker and spring productions. Provides educational outreach in classical ballet to public and private schools, helping students and families develop greater knowledge and appreciation of ballet as an art form. Provides ballet scholarships and financial assistance to students who lack the financial resources to participate in quality arts education and training.
What it reported doing in 2025
Educational Outreach Program ? ? The Story of The Nutcracker? Location: Morning Glory Montessori, 7706 Rocio St, Carlsbad, CA 92009 Program: Encinitas Ballet educational outreach presentation introducing preschool children to The Nutcracker, classical ballet, music, characters, costumes, and the art of storytelling through dance.
Operating model
- Revenue model
- Earned-program. 91% 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
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 10
- Transparency & Controls: 73
- Sustainability: 21
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 10.3%; rating input score 10
- Program expense ratio: 10.4%; rating input score 10
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0.5%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 30.9%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: -24.7% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: 23.2% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 43.5% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 10.3% of revenue deployed · 10.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $19K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 10/100.
- High — Financial Efficiency: Program expense ratio scored 10/100.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 32/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- High — Sustainability: Officer compensation ratio scored 12/100.