North Atlantic Ballet Theatre
Nonprofit profile at a glance
- EIN
- 862364624
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Dorchester, MA, USA
- Phone
- 6177855382
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $119,492
- Expenses
- $80,571
- Assets
- $75,642
- Liabilities
- $44,715
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- LUCY WARREN-WHITMAN (ARTISTIC 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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
North atlantic ballet theatre, inc brings quality performances to local communities in he new england area. As a company in residence at the cabot theatre in beverly, ma nabt performs annual productions brining arts & culture to its audiences. Furthermore, nabt works with local children to train and offer performance opportunities to them. Their mentorship by professional dancers' offers a rare chance for younger generations to learn from their idols.
What it reported doing in 2024
Classes & rehearsal services are part of nab's outreach program to train the next generation of dancers. Services include classes to train their bodies and rehearsales to gain performance experience for their future dance careers.
Operating model
- Revenue model
- Earned-program. 85% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 100
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.3%; rating input score 76
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 32.6%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 0.94; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.59; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 9.6%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 24.1% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 12.8% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 25.9% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 76.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $91K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2021 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.
- High — Sustainability: Officer compensation ratio scored 21/100.