Alabama Youth Ballet Theatre Inc
Alabama Youth Ballet Theatre Inc. consistently operates with minimal overhead and no reported officer compensation, growing assets and revenue over a decade.
EIN: 205905283 · Huntsville, AL · NTEE: A62 · Updated: 2026-03-28
Is Alabama Youth Ballet Theatre Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alabama Youth Ballet Theatre Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alabama Youth Ballet Theatre Inc
Alabama Youth Ballet Theatre Inc (EIN: 205905283) is a nonprofit organization based in Huntsville, AL, classified under NTEE code A62. The organization reported total revenue of $232K and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alabama Youth Ballet Theatre Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alabama Youth Ballet Theatre Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $201K |
| Total Expenses | $203K |
| Surplus / Deficit | $-2,328 |
| Total Assets | $102K |
| Total Liabilities | $2K |
| Net Assets | $100K |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2023, Alabama Youth Ballet Theatre Inc reported a deficit of $2K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alabama Youth Ballet Theatre Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +112.5% | +114.5% | -2.6% |
| 2022 | -18.0% | +4.4% | +1.4% |
| 2021 | +25.2% | +10.2% | +31.6% |
| 2020 | -22.3% | -21.8% | +14.7% |
| 2019 | +33.7% | +32.2% | +23.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alabama Youth Ballet Theatre Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Alabama Youth Ballet Theatre Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is likely volunteer-based or compensated through non-officer roles, which allows a greater proportion of funds to be directed towards programmatic activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Alabama Youth Ballet Theatre Inc:
- Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
- Consistent growth in revenue and assets over the past decade, demonstrating increasing support and financial health.
- Low liabilities relative to assets, indicating strong financial management and solvency.
- Consistent filing of IRS 990 forms over 13 periods, showing commitment to transparency.
- Expenses closely align with revenue, suggesting effective utilization of funds for operations.
Frequently Asked Questions about Alabama Youth Ballet Theatre Inc
Is Alabama Youth Ballet Theatre Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alabama Youth Ballet Theatre Inc (EIN: 205905283) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Alabama Youth Ballet Theatre Inc spend its money?
Alabama Youth Ballet Theatre Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alabama Youth Ballet Theatre Inc tax-deductible?
Alabama Youth Ballet Theatre Inc is registered as a tax-exempt nonprofit (EIN: 205905283). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Alabama Youth Ballet Theatre Inc. financially stable?
Yes, the organization appears financially stable. Its assets have consistently grown from $24,942 in 201406 to $101,689 in 202306, and liabilities remain very low (e.g., $1,755 in 202306), indicating a healthy balance sheet.
How efficient is Alabama Youth Ballet Theatre Inc. with its spending?
The organization demonstrates high spending efficiency, with expenses closely matching revenue in most periods (e.g., $202,959 expenses vs. $200,631 revenue in 202306). The absence of reported officer compensation further suggests a lean operational structure focused on program delivery.
Has the organization grown over time?
Yes, the organization has shown significant growth. Revenue increased from $85,822 in 201406 to $200,631 in 202306, and assets grew from $24,942 to $101,689 over the same period.
Filing History
IRS 990 filing history for Alabama Youth Ballet Theatre Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alabama Youth Ballet Theatre Inc's revenue has grown by 186.5%, moving from $70K to $201K. Total assets increased by 1520.8% over the same period, from $6K to $102K. Total functional expenses rose by 183.8%, from $72K to $203K. In its most recent filing year (2023), Alabama Youth Ballet Theatre Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $2K in liabilities against $102K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $100K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $201K | $203K | $102K | $2K | — | — |
| 2022 | $94K | $95K | $104K | $2K | — | View 990 |
| 2021 | $115K | $91K | $103K | $481 | — | View 990 |
| 2020 | $92K | $82K | $78K | $282 | — | — |
| 2019 | $118K | $105K | $68K | $0 | — | View 990 |
| 2018 | $89K | $80K | $55K | $360 | — | View 990 |
| 2017 | $86K | $79K | $45K | $0 | — | View 990 |
| 2016 | $85K | $68K | $39K | $0 | — | View 990 |
| 2015 | $82K | $85K | $21K | $0 | — | View 990 |
| 2014 | $86K | $78K | $25K | $0 | — | View 990 |
| 2013 | $85K | $76K | $17K | $0 | — | View 990 |
| 2012 | $81K | $79K | $8K | $0 | — | View 990 |
| 2011 | $70K | $72K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $201K, expenses of $203K, and assets of $102K (revenue +112.5% year-over-year).
- 2022: Revenue of $94K, expenses of $95K, and assets of $104K (revenue -18.0% year-over-year).
- 2021: Revenue of $115K, expenses of $91K, and assets of $103K (revenue +25.2% year-over-year).
- 2020: Revenue of $92K, expenses of $82K, and assets of $78K (revenue -22.3% year-over-year).
- 2019: Revenue of $118K, expenses of $105K, and assets of $68K (revenue +33.7% year-over-year).
- 2018: Revenue of $89K, expenses of $80K, and assets of $55K (revenue +3.4% year-over-year).
- 2017: Revenue of $86K, expenses of $79K, and assets of $45K (revenue +0.6% year-over-year).
- 2016: Revenue of $85K, expenses of $68K, and assets of $39K (revenue +4.2% year-over-year).
- 2015: Revenue of $82K, expenses of $85K, and assets of $21K (revenue -4.8% year-over-year).
- 2014: Revenue of $86K, expenses of $78K, and assets of $25K (revenue +1.3% year-over-year).
- 2013: Revenue of $85K, expenses of $76K, and assets of $17K (revenue +4.7% year-over-year).
- 2012: Revenue of $81K, expenses of $79K, and assets of $8K (revenue +15.6% year-over-year).
- 2011: Revenue of $70K, expenses of $72K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alabama Youth Ballet Theatre Inc:
Data Sources and Methodology
This transparency report for Alabama Youth Ballet Theatre Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.