Southwest Classical Dance Institute Inc

Nonprofit profile at a glance

EIN
202037166
IRS 990 coverage
2009–2010
Forms available
Form 990 2010
Location
Gilbert, AZ, USA
Rating confidence
Limited
Sector
Performing Arts Schools

Official website

Reported finances

Revenue
$245,806
Expenses
$278,856
Assets
$15,728
Liabilities
$24,810

Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

5 people listed

Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Southwest Classical Dance Institute strives to provide a training environment where students regardless of socio-economic status can receive exceptional education and training in the art of classical dance The study of ballet cultivates self-esteem creativity and discipline

What it reported doing in 2010

MASTER CLASS SERIES - SCDI again partnered with School fo Ballet Arizona for a second successful year of the Master Class Series a two-week intensive training session bringing in Master Teachers from around the world to work with local Arizona stude nts This years guest faculty included RUDOLF KHARATIAN Artistic Director National Ballet of Armenia ANNA MARIE HOLMES International Guest Artistic Director LAURA ALONSO Artistic director Ballet Classic of Havanna Cuba RASTA THOMAS F ounderArtistic Director Bad Boys of DanceRock the Ballet ADRIENNE CANTERNA FoundersResident ChoreographerPrinciple Dancer Bad Boys of DancePretty Girls of DanceRock the Ballet

Operating model

Revenue model
Earned-program. 81% of the money available for current operations came from fees and other program revenue.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 48
  • Sustainability: 11
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 11th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 18th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -13.4%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.06; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: 1.58; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 41.1%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 30.7% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: -117.3% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 4 of 6 board members independent · 2 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $279K in reported program spending
  • Leadership: top reported pay $58K · 5 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 2 filing years from 2009 to 2010
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Governance controls: 6 of 8 not reported.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.