Gainesville Ballet Company Inc
Nonprofit profile at a glance
- EIN
- 237413679
- IRS 990-EZ coverage
- 2010–2020
- Forms available
- Form 990-EZ 2020
- Location
- Gainesville, GA, USA
- Phone
- 7708665353
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $55,365
- Expenses
- $41,326
- Assets
- $14,588
- Liabilities
- $374
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- ELISA MATTHEWS (PRESIDENT)
People named in this filing
- DAVID ARVOLD (DIRECTOR)
- TAMARA STEVENSON (DIRECTOR)
- ELISA MATTHEWS (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 gainesville ballet company is dedicated to promoting the appreciation, study, and performance of dance as an art form to as wide and diverse an audience as possible in the gainesville and larger northeast Georgia community. Our teachers, choreographers, and board of directors are committed to providing dance training and performance opportunities to dancers ranging in age from three years old through brenau university dance majors. We take great pride in not only offering our dancers a world-class dance education but also in offering them a positive, nurturing environment where they can grow as dancers and as young people. In addition to the extraordinary experience offered to our dancers, our two annual performances, including the nutcracker each winter and a storybook ballet each spring, enable us to promote the art of dance to audiences throughout the region.
What it reported doing in 2020
Gainesville ballet company performs several times each year for the general public and for area schools. Their perfomers include high school, college, and professional dancers.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.1%; rating input score 57
- Program expense ratio: 76.5%; rating input score 77
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 25.4%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -2.4% per year; rating input score 0; 55th percentile among comparable filings
- Revenue growth: -2.9% per year; rating input score 0; 54th percentile among comparable filings
- Asset growth: -17.2% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 57.1% of revenue deployed · 76.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $32K in reported program spending
- Leadership: top reported pay $0 · 20 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.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.