Is Ensemble Ballet Theatre Legit?

Ensemble Ballet Theatre demonstrates a positive trend in financial health, with its latest filing (202308) showing revenue of $256,430 significantly exceeding expenses of $179,848, leading to a substantial increase in assets to $110,544 from $48,568 in the prior period. This indicates effective financial management and growth. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial trajectory suggests a healthy and growing organization. The organization's assets have shown consistent growth, particularly in the most recent period, reaching $110,544 with no reported liabilities, which is a very strong financial position. This growth, coupled with a history of operating with minimal to no liabilities, suggests prudent financial stewardship. The consistent reporting of zero officer compensation across all filings is a significant strength, indicating that resources are likely being directed towards the organization's mission rather than high executive salaries. The absence of liabilities in the latest filing further reinforces its financial stability.