Fox Valley Ballet

Nonprofit profile at a glance

EIN
462466075
IRS 990-EZ coverage
2017–2025
Forms available
Form 990-EZ 2025, Form 990-N 2020
Location
Aurora, IL, USA
Phone
6302320683
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities N.E.C.

Reported finances

Revenue
$151,972
Expenses
$183,352
Assets
$48,554
Liabilities
$0

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

Leadership & pay

6 people listed

Executive titles in this filing

  • Ashlie Andersen (President (Jan-May) / Artistic Director)
  • Alexander Nerad (Vice President (Jan-Oct) / President)
  • Julie Novak (Director (Jan-Oct) / Vice President)

People named in this filing

  • Ashlie Andersen (President (Jan-May) / Artistic Director)
  • Alexander Nerad (Vice President (Jan-Oct) / President)
  • Joseph Andersen (Treasurer / Technical 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

To bring the joy and artistry of dance to the Fox Valley region through pre-professional ballet training and performances.

What it reported doing in 2025

Scholarship program supporting continued dance education at Fox Valley area dance studios or intensive programs. Six scholarships were awarded.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 96% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 82
  • Sustainability: 20
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 87.3%; rating input score 87

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -20.6%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 31.7%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 20.1% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 15.7% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 87.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $160K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2017 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.

  • High — Sustainability: Operating margin scored 7/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.