Saint Paul Ballet

Nonprofit profile at a glance

EIN
411882522
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Saint Paul, MN, USA
Phone
6516901588
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Dance

Reported finances

Revenue
$491,255
Expenses
$486,196
Assets
$39,691
Liabilities
$117,415

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

Leadership & pay

8 people listed

People named in this filing

  • Ann Hoang Teinor (Director)
  • Greg Kryzer (Director)
  • Lillyan Hoyos (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Saint Paul Ballet's vision is to rejoice in the beauty and immediacy of dance with the widest possible audience and to lift the human spirit through the art of ballet. Its mission is to provide the finest dance education, reduce barriers to involvement in the art of dance, and perform a vibrant repertory with a passion for the highest level of excellence.

What it reported doing in 2024

EDUCATION: St. Paul Ballet continued to offer our renowned Pre-Professional training program for ages 7-18 to build the foundation for college-level programs or a professional career. Additionally, St. Paul Ballet increased our engagement of recreational dancers and community members through targeted programs: 1.) Children's Division promotes dance as a form of play for ages 2.5-7, including classes like Parent & Me, Creative Dance, Pre-Ballet ; 2.) Adult Division Classes include Boomer Ballet for ages 55+. Extension Division reaches beyond the traditional age, experience, and ability entry points of ballet to promote life-long learning. Saint Paul Ballet launched Boomer Ballet for ages 55 or better who have never tried ballet has continued to thrive and bring in new students. This programming is accelerating our recovery from the pandemic by more than six months. We have earned a full page in the St. Paul Community Education catalog which is distributed to 70,000 households. One of our highest level students was invited to spend her senior year in training at Pacific Northwest Ballet in Seattle last year. This year she was invited to join the 6 apprentices and has performed in all of their productions including the newly staged Sleeping Beauty. She and her family attribute her success to her 8 years at St. Paul Ballet.

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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 29
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.2%; rating input score 82
  • Program expense ratio: 83.1%; rating input score 83
  • Fundraising efficiency: $10.56 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 1%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 2.96; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -2.4% per year; rating input score 0; 23rd percentile among comparable filings
  • Revenue growth: -0.2% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: 0.8% per year; rating input score 100; 28th percentile among comparable filings

Details

  • Where the money goes: 82.2% of revenue deployed · 83.1% of spending went to programs
  • Governance: 6 of 6 board members independent · 2 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $404K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 11 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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: 5 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 41/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.