New England Ballet Company

Nonprofit profile at a glance

EIN
061446707
IRS 990-EZ coverage
2010–2017
Forms available
Form 990 2015, Form 990-EZ 2017
Location
Bridgeport, CT, USA
Phone
2034949205
Rating
51
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$123,497
Expenses
$189,293
Assets
$161,624
Liabilities
$92,699

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • CHRISTINE PECK (PRESIDENT)
  • JOANNE WHITEHILL (VICE PRESIDENT)
  • KENNETH HOPKINS (EXECUTIVE DIRECTOR)

People named in this filing

  • CHRISTINE PECK (PRESIDENT)
  • JOANNE WHITEHILL (VICE PRESIDENT)
  • VICTOR TREVINO (TREASURER/ARTISTIC DIRECTO)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Ballet education and experience for dancers and the community at large.

What it reported doing in 2017

Staged, produced and performed a number of full-length ballet productions for public and school audiences.

Operating model

Revenue model
Earned-program. 84% 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

MIXED - The filed numbers largely add up. 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: 33
  • Transparency & Controls: 82
  • Sustainability: 21
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.3%; rating input score 38
  • Program expense ratio: 25%; rating input score 25

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -53.3%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.85; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.57; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 14.8%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: -19.3% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -0.7% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: 37.4% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 38.3% of revenue deployed · 25% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $47K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2010 to 2017
  • Contacts: How to reach this organization
  • Money network: 6 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
  • High — Financial Efficiency: Program expense ratio scored 25/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.