Orlando Ballet Inc

What it reported doing in 2024

Ob's community enrichment programs bring the physical and emotional benefits of dance to a wide range of underserved individuals in central Florida, serving 18,800 individuals throughout 2024-25. Programs include: scholarship training for the enrichment of primary students (steps), which provides pre-school through high school students from title i schools and under-resourced communities with ballet training, dance attire, and scholarship opportunities; relev in search of excellence (rise), in collaboration with orange county public schools (ocps), which provides educational and professional development instruction by ob's world-renowned faculty through on-site, semester-long residencies at orange county middle and high schools with existing dance and performing arts programs; come dance with us!, in partnership with orlando health arnold palmer hospital for children, nemours children's health, unlocking children's potential, community arts connection, and northland church, which provides dance workshops for children and adults with varying physical and developmental disabilities; gentle bemoved, an international dance fitness program, that serves local seniors and those with limited mobility; neon club, a monthly dance social event for adults with special needs hosted at harriett's orlando ballet centre; intro to ballet, which provides up to 15,000 ocps second graders with a professional ballet performance each year; and emotions in motion, in collaboration with victim service center of central Florida, which provides weekly therapeutic dance and creative movement classes to victims of domestic violence, trauma, and abuse.additionally, in 2020-21, ob introduced new sensory-friendly performances of our popular family shows to ensure that children with sensory processing challenges and their families can enjoy ballet.

Financial Efficiency

• Mission deployment rate: 91.9%; rating input score 92
• Program expense ratio: 87.6%; rating input score 88
• Fundraising efficiency: $9.86 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • 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: -3.9%; rating input score 22; 22nd percentile among comparable filings
• Total-asset coverage ratio: 1.97; rating input score 61; 61st percentile among comparable filings
• Liabilities to assets ratio: 0.21; rating input score 43; 43rd percentile among comparable filings
• Officer compensation ratio: 1.9%; rating input score 76; 76th percentile among comparable filings

Growth

• Program expense growth: 14.4% per year; rating input score 100; 76th percentile among comparable filings
• Revenue growth: 9.5% per year; rating input score 100; 66th percentile among comparable filings
• Asset growth: 7.5% per year; rating input score 100; 48th percentile among comparable filings