South Jersey Ballet Theatre Inc
Nonprofit profile at a glance
- EIN
- 521798214
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- West Berlin, NJ, USA
- Phone
- 8567677060
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $149,412
- Expenses
- $150,940
- Assets
- $60,926
- Liabilities
- $16,178
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- ANDREA DUFFIN CONWAY (PRES. /TREAS)
- STEPHEN CONWAY (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
In a few short years, south jersey ballet theatre has developed into south jerseys premier performing company. Since its founding year in 1992, the company has been committed to providing an avenue for performance the serious dancer might not otherwise find. Each holiday season, south jersey ballet theatre performs the ever-classic nutcracker for sold-out audiences. This fabulous response assures south jersey ballet theatre that its commitment to dance excellence is well appreciated in south jersey. Success is abundant because of south jersey ballet theatres annual performances of the nutcracker and exciting spring performances of alice in wonderland, copplia, cinderella, swan lake, giselle, and other repertory programs.
What it reported doing in 2024
South jersey ballet theatre has developed into south jerseys premier performing company. Since its founding year in 1992, the company has been committed to providing an avenue for performance the serious dancer might not otherwise find. Each holiday season, south jersey ballet theatre performs the ever-classic nutcracker for sold-out audiences. This fabulous response assures south jersey ballet theatre that its commitment to dance excellence is well appreciated in south jersey. Success is abundant because of south jersey ballet theatres annual performances of the nutcracker and exciting spring performances of alice in wonderland, copplia, cinderella, swan lake, giselle, and other repertory programs.
Operating model
- Revenue model
- Earned-program. 77% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.4%; rating input score 90
- Program expense ratio: 89.5%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 8%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 0.9% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 90.4% of revenue deployed · 89.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $135K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 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: Operating margin scored 30/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- High — Sustainability: Officer compensation ratio scored 22/100.