Smuin Ballet
Nonprofit profile at a glance
- EIN
- 943197247
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- San Francisco, CA, USA
- Phone
- 4155565000
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $4,747,543
- Expenses
- $5,223,342
- Assets
- $8,605,410
- Liabilities
- $281,610
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- Madeleine Boshart (President)
- Trisha Mount (Vice President)
Highest reported compensation
- Lori Laqua (Managing Director): $154,746 total reported compensation
- Amy Seiwert (Artistic Director): $135,812 total reported compensation
- Alicia Tos (Development Dir): $126,309 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Smuin Contemporary Ballet thrives on diverse views and dance styles to create art that is original, evocative, and entertaining. By creating a platform for artists to flourish, we foster innovation. By embracing bold ideals and ideas, we unleash the limitless power of dance. We are committed to sharing our passion for dance through performances, classes, and community engagement.
What it reported doing in 2024
Since 1994, Smuin Ballet has performed works by Founder Michael Smuin, and other World-renown choreographers, in California, across the US and around the world. As one of Northern Californias leading non-profit dance companies, Smuin Ballet performs more than 60 shows in San Francisco, Walnut Creek, Mountain View and Carmel during its regular, annual performing season. Since 2019 and the opening of our permanent home, Smuin Center for Dance, Smuin Ballet is able to offer classes in Ballet, Jazz, Tap, Contemporary, Hip-Hop, and character dance. Classes appeal to all ages.
Operating model
- Revenue model
- Donor-supported. 60% of the money available for current operations came from contributions and gifts.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 74
- Accountability: 95
- Sustainability: 35
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.5%; rating input score 79
- Program expense ratio: 71.3%; rating input score 71
- Fundraising efficiency: $6.09 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 92.3%; rating input score 92; 23rd 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: -10%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 1.65; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 9.9%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 0.2% per year; rating input score 100; 14th percentile among comparable filings
- Revenue growth: -1.2% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: 12.9% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 78.5% of revenue deployed · 71.3% of spending went to programs
- Governance: 12 of 13 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $3.7M in reported program spending
- Leadership: top reported pay $155K · 16 people listed · 2 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 13 filing years from 2012 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 — Financial Efficiency: Fundraising efficiency scored 22/100.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.