Ballet Nebraska
EIN: 271093011 · Council Blfs, IA · NTEE: A63
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.8M |
| Net Assets | $3.2M |
Is Ballet Nebraska Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ballet Nebraska
Ballet Nebraska (EIN: 271093011) is a nonprofit organization based in Council Blfs, IA, classified under NTEE code A63. The organization reported total revenue of $2.5M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ballet Nebraska's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ballet Nebraska is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$142K |
| Total Assets | $3.6M |
| Total Liabilities | $385K |
| Net Assets | $3.2M |
| Operating Margin | 7.5% |
| Debt-to-Asset Ratio | 10.6% |
| Months of Reserves | 24.7 months |
Financial Health Grade: A
In 2023, Ballet Nebraska reported a surplus of $142K with revenue exceeding expenses, holds 24.7 months of operating reserves (strong position), has a debt-to-asset ratio of 10.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ballet Nebraska's revenue has grown at a compound annual growth rate (CAGR) of 18.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.4% | +17.1% | +15.2% |
| 2022 | +1.3% | +33.8% | +15.2% |
| 2021 | +35.4% | -28.9% | +49.4% |
| 2020 | +14.7% | +12.8% | +4.8% |
| 2019 | -8.3% | +49.2% | -12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ballet Nebraska 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 Ballet Nebraska 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 surplus of $142K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.6%.
Frequently Asked Questions about Ballet Nebraska
Is Ballet Nebraska a legitimate charity?
Ballet Nebraska (EIN: 271093011) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $2.5M. No red flags identified. Financial health grade: A.
How does Ballet Nebraska spend its money?
Ballet Nebraska reported $2.5M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ballet Nebraska tax-deductible?
Ballet Nebraska is registered as a tax-exempt nonprofit (EIN: 271093011). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ballet Nebraska located?
Ballet Nebraska is headquartered in Council Blfs, Iowa and files with the IRS under EIN 271093011. It is classified under NTEE code A63.
How many years of IRS 990 filings does Ballet Nebraska have?
Ballet Nebraska has 13 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 $2.5M in total revenue.
Filing History
IRS 990 filing history for Ballet Nebraska showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ballet Nebraska's revenue has grown by 677.5%, moving from $245K to $1.9M. Total assets increased by 4536.8% over the same period, from $78K to $3.6M. Total functional expenses rose by 676.1%, from $227K to $1.8M. In its most recent filing year (2023), Ballet Nebraska reported a surplus of $142K, with revenue exceeding expenses. The organization holds $385K in liabilities against $3.6M in assets (debt-to-asset ratio: 10.6%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.8M | $3.6M | $385K | — | — |
| 2022 | $2.1M | $1.5M | $3.1M | $47K | — | View 990 |
| 2021 | $2.0M | $1.1M | $2.7M | $182K | — | View 990 |
| 2020 | $1.5M | $1.6M | $1.8M | $183K | — | View 990 |
| 2019 | $1.3M | $1.4M | $1.7M | $15K | — | View 990 |
| 2018 | $1.4M | $939K | $2.0M | $9K | — | View 990 |
| 2017 | $925K | $818K | $828K | $152K | — | View 990 |
| 2016 | $818K | $653K | $585K | $17K | — | View 990 |
| 2015 | $754K | $560K | $406K | $3K | — | View 990 |
| 2014 | $636K | $498K | $215K | $5K | — | View 990 |
| 2013 | $378K | $365K | $77K | $4K | — | View 990 |
| 2012 | $382K | $398K | $60K | $585 | — | View 990 |
| 2011 | $245K | $227K | $78K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.8M, and assets of $3.6M (revenue -7.4% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.5M, and assets of $3.1M (revenue +1.3% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.1M, and assets of $2.7M (revenue +35.4% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.6M, and assets of $1.8M (revenue +14.7% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.4M, and assets of $1.7M (revenue -8.3% year-over-year).
- 2018: Revenue of $1.4M, expenses of $939K, and assets of $2.0M (revenue +53.7% year-over-year).
- 2017: Revenue of $925K, expenses of $818K, and assets of $828K (revenue +13.2% year-over-year).
- 2016: Revenue of $818K, expenses of $653K, and assets of $585K (revenue +8.5% year-over-year).
- 2015: Revenue of $754K, expenses of $560K, and assets of $406K (revenue +18.6% year-over-year).
- 2014: Revenue of $636K, expenses of $498K, and assets of $215K (revenue +68.1% year-over-year).
- 2013: Revenue of $378K, expenses of $365K, and assets of $77K (revenue -1.1% year-over-year).
- 2012: Revenue of $382K, expenses of $398K, and assets of $60K (revenue +56.2% year-over-year).
- 2011: Revenue of $245K, expenses of $227K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ballet Nebraska:
Data Sources and Methodology
This transparency report for Ballet Nebraska 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.