Monica Bill Barnes & Company Inc

Nonprofit profile at a glance

EIN
611524101
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-N 2007
Location
New York, NY, USA
Phone
9179030149
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$449,169
Expenses
$473,309
Assets
$413,327
Liabilities
$2,273

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

Leadership & pay

5 people listed

Executive titles in this filing

  • CAROL FISLER (PRESIDENT)
  • KIM DOOLEY KITTAY (VICE PRESIDENT)

Highest reported compensation

  • MONICA BILL BARNES (FOUNDER/ARTISTIC DIRECTOR): $105,761 total reported compensation

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

Overview

Mission

The company's mission is to celebrate individuality, humor, and the innate theatricality of everyday life through performances that bring dance where it doesn't belong.

What it reported doing in 2024

Shows and projects: the creation and performance of new productions that redefine boundaries between dance, theater, and site-specific explorations. The company creates and produces each new work entirely from its own rulebook by bringing together unlikely elements and creating unique ways for audiences to interact with dance. The company's work seeks to find humor in our awkward, everyday triumphs and failures while placing dance in new, unexpected, and often untraditional platforms. This New York city based dance company is committed to maintaining an active and ongoing performance season in nyc with presented and self-produced shows in many different neighborhoods throughout the city. These performances include fully produced shows in theaters, site specific public performances, and guest appearances in a wide variety of venues. In 2024 the company had 3 educational studio performances for New York university, lincoln center institute and pig iron theater along with workshops. There were no public nyc based performances in 2024. The company was in creative development for two different nyc based works that will be in production in 2025. From june - november they company was in development for a site-specific piece commissioned by the New York public library which will have a two week run of performances in may 2025. From november - december the company was in rehearsals for a three week run of performances at playwrights horizons, an off-broadway theater that was co-presenting the company's show many happy returns january 9-25, 2025.

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 available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 92
  • Accountability: 72
  • Sustainability: 32
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.7%; rating input score 74
  • Program expense ratio: 70%; rating input score 70
  • Fundraising efficiency: $7.94 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 21st percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -5.4%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.87; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 22.3%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: -5.6% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: -0.1% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: 9.6% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 73.7% of revenue deployed · 70% of spending went to programs
  • Governance: 4 of 5 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $331K in reported program spending
  • Leadership: top reported pay $106K · 5 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 29/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.