Northeast Ballet Company

Nonprofit profile at a glance

EIN
223080130
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Schenectady, NY, USA
Phone
5183740376
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$107,668
Expenses
$116,323
Assets
$52,842
Liabilities
$200

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

Leadership & pay

9 people listed

Executive titles in this filing

  • NAOMI OSAWA (PRESIDENT)
  • JEFFREY WEISS (VICE PRESIDENT)

People named in this filing

  • NAOMI OSAWA (PRESIDENT)
  • JEFFREY WEISS (VICE PRESIDENT)
  • EMILY TITSWORTH (SECRETARY)

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

To cultivate, promote, foster, teach and develop among its members the appreciation, understanding and love of the art of ballet; to establish and create a ballet center and studio for the advancement of such purposes; to secure the interest of patrons of these arts; to encourage ballet for production by its members so as to provide social activities, entertainment and amusement and the voluntary exploitation of their talents.

What it reported doing in 2024

Public performances throughout the year to promote the awareness of ballet and the arts.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. 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: 0
  • Transparency & Controls: 82
  • Sustainability: 32
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -8%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.45; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -36.6% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: 0.6% per year; rating input score 100; 23rd percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2012 to 2024
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 18/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.