Reverie Performing Arts Inc
Nonprofit profile at a glance
- EIN
- 853729170
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Marietta, GA, USA
- Phone
- 4049068545
- Rating
- 34
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $49,509
- Expenses
- $54,220
- Assets
- $790
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- James Wolters (President)
- Rose Antilla (Vice President)
- Nicole West (Executive Director)
People named in this filing
- James Wolters (President)
- Rose Antilla (Vice President)
- Francesco Servello (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
This corporation is organized exclusively for one or more of the purposes as specified in Section 501(c)(3) of the Internal Revenue Code, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code. The purpose of the corporation shall be to promote and foster an interest in the participation in winterguard and to teach members the fine art of winterguard. The plan of operation of this corporation shall be to participate in civic functions for those interested in winterguard; to contract for rehearsal facilities so as to afford its members an opportunity to engage in performance within the winterguard activity; to cooperate with other organizations having similar interests and in any other way to further the object stated in the preceding sentence.
What it reported doing in 2024
Reverie Performing Arts Inc is a nonprofit performing arts organization dedicated to promoting artistic excellence, youth development, and community engagement through the sport of winterguard. Our primary mission is to provide young performers with opportunities to grow as artists, athletes, and leaders. In the most recent fiscal year, Reverie Performing Arts Inc participated in numerous local, regional, and national competitions, including events sanctioned by Winter Guard International (WGI) and regional circuits. Through these performances, members showcased their artistic talents in the areas of dance, equipment manipulation, and theatrical storytelling. Competitions provided members with valuable performance experience, constructive feedback from judges, and opportunities to engage with the broader performing arts community. The organization also prioritized educational development by offering intensive training workshops, masterclasses, and mentorship programs led by experienced instructors and choreographers. These educational experiences enhanced participants' technical skills, physical conditioning, and artistic expression. Additionally, members gained valuable life skills, including teamwork, discipline, and resilience. Reverie Performing Arts Inc remains committed to making participation accessible. The organization provided financial assistance to eligible members through scholarships and fundraising initiatives. Community outreach efforts included local exhibitions, educational demonstrations, and collaborations with schools and other performing arts organizations, furthering our mission of fostering arts appreciation and accessibility. Overall, Reverie Performing Arts Inc served approximately 40 participants, ages 16 to 35, from diverse backgrounds. By providing a safe, inclusive, and supportive environment, we continue to inspire personal growth and artistic achievement through the power of performance arts.
Operating model
- Revenue model
- Membership-supported. 97% of the money available for current operations came from membership dues.
- 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
REVIEW - The filed numbers largely add up. 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: 31
- Growth: NotEnoughData
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: -9.5%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
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 · 5 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 1 filed schedules
- 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.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.