The Pittsburgh Ballet Theatre Charitable Foundation
Nonprofit profile at a glance
- EIN
- 251479790
- IRS 990-EZ coverage
- 2012–2018
- Forms available
- Form 990-EZ 2018
- Location
- Pittsburgh, PA, USA
- Phone
- 4122810360
- Rating
- 35
- Verdict
- REVIEW
- Rating confidence
- Limited
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $2
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- THOMAS TODD (TRUSTEE)
- MIKELL SCHENCK (TRUSTEE)
- CELIA GERARD (TRUSTEE)
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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The foundation's mission is to provide a facility, at a cost far below fair market value, to a publicly supported, tax exempt organization specifically for dance and music theatre. The building is the subject of a lease agreement with the pittsburgh ballet theatre, inc., the foundation's supported organization. The building houses all of the operational activities of the ballet with the exception of staged performances and student housing.
What it reported doing in 2018
Owns the building in which the pittsburgh ballet theatre, an irc section 501(c)(3) organization conducts its operations. On august 7, 2019 the trust terminated and distributed the assets to its supporting organization, the pittsburgh ballet theatre, inc., to continue to use the assets primarily for the production, staging, performance and rehearsal of ballet and other related activities.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: NotEnoughData
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: 9.4% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: -10.3% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2012 to 2018
- 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 — Growth: Asset growth scored 0/100.