Is Ballroom Cultural Arts Foundation Legit?…

Quick charity verification for Ballroom Cultural Arts Foundation (EIN: 200126402)

Spending Breakdown

How Ballroom Cultural Arts Foundation allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Ballroom Cultural Arts Foundation

Is Ballroom Cultural Arts Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Ballroom Cultural Arts Foundation (EIN: 200126402) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Ballroom Cultural Arts Foundation a good charity to donate to?

Ballroom Cultural Arts Foundation has a Mission Score of 65/100. Revenue: $1.1M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Ballroom Cultural Arts Foundation?

The Employer Identification Number (EIN) for Ballroom Cultural Arts Foundation is 200126402. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Ballroom Cultural Arts Foundation spend its money?

Ballroom Cultural Arts Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Ballroom Cultural Arts Foundation's tax-exempt status?

You can verify Ballroom Cultural Arts Foundation's tax-exempt status using EIN 200126402 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Ballroom Cultural Arts Foundation demonstrates a consistent operational deficit, with expenses frequently exceeding revenue over the past several years. For instance, in fiscal year 2023, the organization reported $818,119 in revenue against $1,130,988 in expenses, indicating a significant shortfall. This trend is visible in most recent filings, suggesting a reliance on prior reserves or other funding mechanisms to cover operational costs. While the organization's assets have fluctuated, they generally remain above liabilities, indicating some financial stability, though the consistent spending beyond income warrants closer examination.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 12 filings available, demonstrating a commitment to public disclosure. A notable aspect is the reported 0% officer compensation across all available filings, which could indicate a volunteer-led executive structure or that compensation is reported under other categories, requiring further investigation for a complete understanding of administrative costs. The NTEE code A40 (Arts, Culture, Humanities) aligns with its name, suggesting a clear mission focus.

However, the persistent operational deficits, such as the $312,869 deficit in 2023 and $210,659 in 2022, raise questions about long-term financial sustainability if not addressed. While assets of $1,096,872 in 2023 provide a buffer, the trend of drawing down on these assets to cover deficits is not sustainable indefinitely. The lack of reported officer compensation, while potentially positive, could also obscure the true cost of leadership if these expenses are categorized elsewhere, impacting the assessment of spending efficiency.

Is Ballroom Cultural Arts Foundation Legit?

Verdict: Ballroom Cultural Arts Foundation shows mixed signals

Red Flags

Strengths