Anchorage Classical Ballet Academy
EIN: 911860409 · Anchorage, AK · NTEE: B30
| Metric | Value |
|---|---|
| Total Revenue | $586K |
| Total Expenses | $534K |
| Net Assets | $104K |
Is Anchorage Classical Ballet Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Anchorage Classical Ballet Academy
Anchorage Classical Ballet Academy (EIN: 911860409) is a nonprofit organization based in Anchorage, AK, classified under NTEE code B30. The organization reported total revenue of $586K and total assets of $148K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anchorage Classical Ballet Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anchorage Classical Ballet Academy is a small nonprofit that has been operating for 7 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $529K |
| Total Expenses | $534K |
| Surplus / Deficit | $-5,098 |
| Total Assets | $186K |
| Total Liabilities | $82K |
| Net Assets | $104K |
| Operating Margin | -1.0% |
| Debt-to-Asset Ratio | 44.2% |
| Months of Reserves | 4.2 months |
Financial Health Grade: B
In 2023, Anchorage Classical Ballet Academy reported a deficit of $5K with expenses exceeding revenue, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 44.2% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Anchorage Classical Ballet Academy's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.4% | +20.3% | -9.3% |
| 2022 | -27.9% | -2.0% | -8.2% |
| 2021 | +82.2% | +31.3% | +54.3% |
| 2020 | -13.0% | -9.7% | +138.4% |
| 2019 | +6.1% | -6.9% | +21.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Anchorage Classical Ballet Academy has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Anchorage Classical Ballet Academy with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.2%.
Frequently Asked Questions about Anchorage Classical Ballet Academy
Is Anchorage Classical Ballet Academy a legitimate charity?
Anchorage Classical Ballet Academy (EIN: 911860409) is a registered tax-exempt nonprofit based in Alaska. It has 12 years of IRS 990 filings on record. Total revenue: $586K. No red flags identified. Financial health grade: B.
How does Anchorage Classical Ballet Academy spend its money?
Anchorage Classical Ballet Academy reported $586K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Anchorage Classical Ballet Academy tax-deductible?
Anchorage Classical Ballet Academy is registered as a tax-exempt nonprofit (EIN: 911860409). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Anchorage Classical Ballet Academy located?
Anchorage Classical Ballet Academy is headquartered in Anchorage, Alaska and files with the IRS under EIN 911860409. It is classified under NTEE code B30.
How many years of IRS 990 filings does Anchorage Classical Ballet Academy have?
Anchorage Classical Ballet Academy has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $586K in total revenue.
Filing History
IRS 990 filing history for Anchorage Classical Ballet Academy showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Anchorage Classical Ballet Academy's revenue has grown by 21.1%, moving from $437K to $529K. Total assets increased by 261.5% over the same period, from $52K to $186K. Total functional expenses rose by 22.5%, from $436K to $534K. In its most recent filing year (2023), Anchorage Classical Ballet Academy reported a deficit of $5K, with expenses exceeding revenue. The organization holds $82K in liabilities against $186K in assets (debt-to-asset ratio: 44.2%), resulting in net assets of $104K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $529K | $534K | $186K | $82K | — | — |
| 2022 | $436K | $444K | $205K | $96K | — | View 990 |
| 2021 | $605K | $453K | $224K | $106K | — | View 990 |
| 2020 | $332K | $345K | $145K | $179K | — | — |
| 2019 | $382K | $383K | $61K | $82K | — | View 990 |
| 2018 | $360K | $411K | $50K | $70K | — | — |
| 2017 | $600K | $597K | $64K | $40K | — | — |
| 2016 | $588K | $640K | $93K | $61K | — | View 990 |
| 2015 | $652K | $606K | $121K | $38K | — | View 990 |
| 2014 | $519K | $505K | $57K | $21K | — | View 990 |
| 2013 | $484K | $486K | $58K | $36K | — | View 990 |
| 2012 | $437K | $436K | $52K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $529K, expenses of $534K, and assets of $186K (revenue +21.4% year-over-year).
- 2022: Revenue of $436K, expenses of $444K, and assets of $205K (revenue -27.9% year-over-year).
- 2021: Revenue of $605K, expenses of $453K, and assets of $224K (revenue +82.2% year-over-year).
- 2020: Revenue of $332K, expenses of $345K, and assets of $145K (revenue -13.0% year-over-year).
- 2019: Revenue of $382K, expenses of $383K, and assets of $61K (revenue +6.1% year-over-year).
- 2018: Revenue of $360K, expenses of $411K, and assets of $50K (revenue -40.0% year-over-year).
- 2017: Revenue of $600K, expenses of $597K, and assets of $64K (revenue +2.0% year-over-year).
- 2016: Revenue of $588K, expenses of $640K, and assets of $93K (revenue -9.8% year-over-year).
- 2015: Revenue of $652K, expenses of $606K, and assets of $121K (revenue +25.7% year-over-year).
- 2014: Revenue of $519K, expenses of $505K, and assets of $57K (revenue +7.3% year-over-year).
- 2013: Revenue of $484K, expenses of $486K, and assets of $58K (revenue +10.6% year-over-year).
- 2012: Revenue of $437K, expenses of $436K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anchorage Classical Ballet Academy:
Data Sources and Methodology
This transparency report for Anchorage Classical Ballet Academy 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.