Valentina Kozlova Dance Foundation Inc
Nonprofit profile at a glance
- EIN
- 200350143
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-EZ 2014
- Location
- New York City, NY, USA
- Phone
- 9172259600
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Ballet
Reported finances
- Revenue
- $88,106
- Expenses
- $118,340
- Assets
- $7,214
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- VALENTINA KOZLOVA (CEO & CHAIRMAN)
- CARLO MONTALI (VICE PRESIDENT)
Highest reported compensation
- VALENTINA KOZLOVA (CEO & CHAIRMAN): $13,202 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Vkdfi endeavors to preserve the legacy of classical ballet, to encourage its current progress and development, and to support the continued evolution of dance as an art form. This is accomplished through training, education, performance opportunities, and the exchange of ideas within the extended international community.
What it reported doing in 2024
To preserve the legacy of classical ballet, vkdfi sponsors and produces the valentina kozlova international ballet competition.
Operating model
- Revenue model
- Earned-program. 83% 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. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 90
- Accountability: 67
- Sustainability: 28
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 71.4%; rating input score 71; 23rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -34.3%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 11.2%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 3.7% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: -0.9% per year; rating input score 0; 56th percentile among comparable filings
- Asset growth: 2.1% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 5 of 7 board members independent · 5 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $118K in reported program spending
- Leadership: top reported pay $13K · 6 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 2 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.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- High — Sustainability: Officer compensation ratio scored 16/100.