Kansas City Ballet Association

Nonprofit profile at a glance

EIN
436052680
IRS 990 coverage
2013–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Kansas City, MO, USA
Phone
8169312232
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$16,198,060
Expenses
$12,506,680
Assets
$55,981,428
Liabilities
$3,850,333

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

34 people listed

Executive titles in this filing

  • BARBRA STORM (President)
  • CICI ROJAS (IMMEDIATE PAST-PRESIDENT)
  • David Gray (EXECUTIVE DIRECTOR)
  • Kathy Nemechek (VICE PRESIDENT)
  • Alexis Strauss (PRESIDENT, BARRE KC)
  • Karen Yungmeyer (PRESIDENT, KC BALLET GUILD)

Highest reported compensation

  • Devon E Carney (ARTISTIC DIRECTOR): $249,440 total reported compensation
  • David Gray (EXECUTIVE DIRECTOR): $220,393 total reported compensation
  • Kevin Amey (CHIEF OPERATING OFFICER): $137,225 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To inspire and engage through the beauty, power and passion of dance

What it reported doing in 2024

Kansas city ballet school dance academy 2,665 people served. Providing excellence in dance training since 1981, Kansas city ballet school has two campuses, downtown and in johnson county, serving the needs of pre-professional and recreational dance students, both children and adults. The academy offers classes for children ages 2-19 varying from creative movement, ballet, pointe, modern, jazz, contemporary, variations, conditioning, flamenco & more. We offer an adaptive dance program for children with mixed cognitive abilities as well as a daytime program for students who are looking to further their dance education even more. Students in the academy program have the opportunity to audition for company productions such as the nutcracker, and also participate in a spring school performance. Our pre-professional students also are eligible to participate in Kansas city youth ballet (the performing ensemble of the school) and in competitions such as youth america grand prix and universal ballet competition. Each year kcbs offers a five-week summer intensive program, which attracts students from all over the country. Kansas city ballet's second company serves as an emerging professionals program for extraordinarily talented young dancers. Our studio program offers drop-in classes for teens and adults of any level in various styles of dance and fitness. There are classes specifically for our silver community as well as those recovering from a brain injury. We offer classes in ballet, tap, jazz, flamenco, progressing ballet technique (pbt), pilates, yoga, dancefix, bemoved, ballet bod, barre fitness, baby bundle and more.

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 98% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 89
  • Accountability: 96
  • Sustainability: 77
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.9%; rating input score 62
  • Program expense ratio: 77.2%; rating input score 77
  • Fundraising efficiency: $9.73 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Scored; rating input score 0

Accountability

  • Independent voting board: 93.5%; rating input score 94; 26th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 22.8%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 4.48; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 6.9%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: 1.4% per year; rating input score 100; 16th percentile among comparable filings
  • Revenue growth: -0.9% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 10.1% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 61.9% of revenue deployed · 77.2% of spending went to programs
  • Governance: 29 of 31 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $9.7M in reported program spending
  • Leadership: top reported pay $249K · 34 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.8M reported
  • Consistency: 37 of 38 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.