Peninsula Ballet Theatre
Nonprofit profile at a glance
- EIN
- 946137593
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-EZ 2009
- Location
- San Mateo, CA, USA
- Phone
- 6503423262
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $895,702
- Expenses
- $1,135,694
- Assets
- $343,189
- Liabilities
- $514,776
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- CONNIE DES AUTELS (PRESIDENT)
- SUSAN CONDON (PRESIDENT)
- CHRISTINE L LESLIE (EXECUTIVE DIRECTOR)
- DEBBIE CHINN (INTERIM EXECUTIVE DIRECTOR)
Highest reported compensation
- CHRISTINE L LESLIE (EXECUTIVE DIRECTOR): $51,923 total reported compensation
- JANET MENDEZ (TREASURER): $29,575 total reported compensation
- LANCE HUNTLEY (SECRETARY): $20,836 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote ballet in community setting.
What it reported doing in 2024
To provide performances of ballet in a community setting and promote public awareness of dance to the community.
Operating model
- Revenue model
- Earned-program. 81% 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
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 92
- Accountability: 53
- Sustainability: 12
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.4%; rating input score 80
- Program expense ratio: 64%; rating input score 64
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 75%; rating input score 75; 16th percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 22
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -26.8%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 0.3; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 1.5; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 10%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: 6.5% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 6.6% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 12.5% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 80.4% of revenue deployed · 64% of spending went to programs
- Governance: 6 of 8 board members independent · 2 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $727K in reported program spending
- Leadership: top reported pay $52K · 10 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 4 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.
- High — Accountability: Governance controls: 6 of 8 not reported.
- High — Sustainability: Operating margin scored 7/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.