Plano Metropolitan Ballet Inc

Nonprofit profile at a glance

EIN
300260999
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Plano, TX, USA
Phone
9727690017
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$113,531
Expenses
$87,636
Assets
$36,210
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Cindi Lawrence (President)
  • Holli Scelsi (Vice President)

People named in this filing

  • Cindi Lawrence (President)
  • Holli Scelsi (Vice President)
  • Sze Sze Tong (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

The primary purpose of Plano Metropolitan Ballet is to provide high quality affordable dance to the local community while instilling a love of dance. We reach the under-served community with performances and the rest of the community with appx. 15 performances per year. Patrons served is over 2000.

What it reported doing in 2024

Performed Rapunzel, Anastasia and Summer Dance performance for the community as well as presented Dance Plano!, which includes performances by professional dancers as well as pre-professional and students.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 82
  • Sustainability: 58
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.6%; rating input score 68
  • Program expense ratio: 87.5%; rating input score 88

Transparency & Controls

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

Sustainability

  • Operating margin: 22.8%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0.41; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 8.8% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 21.4% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 42.4% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 67.6% of revenue deployed · 87.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $77K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2020 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 — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.