Ballet Pensacola Inc
EIN: 591834099 · Pensacola, FL · NTEE: A62Z
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $975K |
| Net Assets | $502K |
Is Ballet Pensacola Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ballet Pensacola Inc
Ballet Pensacola Inc (EIN: 591834099) is a nonprofit organization based in Pensacola, FL, classified under NTEE code A62Z. The organization reported total revenue of $1.0M and total assets of $475K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ballet Pensacola Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ballet Pensacola Inc is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $907K |
| Total Expenses | $975K |
| Surplus / Deficit | $-68,077 |
| Total Assets | $696K |
| Total Liabilities | $194K |
| Net Assets | $502K |
| Operating Margin | -7.5% |
| Debt-to-Asset Ratio | 27.8% |
| Months of Reserves | 8.6 months |
Financial Health Grade: B
In 2023, Ballet Pensacola Inc reported a deficit of $68K with expenses exceeding revenue, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 27.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ballet Pensacola Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.3% | +51.3% | +21.9% |
| 2022 | +115.4% | +9.5% | +39.7% |
| 2021 | -32.4% | -19.2% | -10.2% |
| 2020 | -6.3% | -15.6% | +14.9% |
| 2019 | -3.6% | +2.0% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ballet Pensacola Inc 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 Pensacola Inc 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 $68K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.8%.
Frequently Asked Questions about Ballet Pensacola Inc
Is Ballet Pensacola Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ballet Pensacola Inc (EIN: 591834099) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ballet Pensacola Inc spend its money?
Detailed spending breakdown data is not yet available for Ballet Pensacola Inc. Check back for updated IRS 990 analysis.
Are donations to Ballet Pensacola Inc tax-deductible?
Ballet Pensacola Inc is registered as a tax-exempt nonprofit (EIN: 591834099). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ballet Pensacola Inc located?
Ballet Pensacola Inc is headquartered in Pensacola, Florida and files with the IRS under EIN 591834099. It is classified under NTEE code A62Z.
How many years of IRS 990 filings does Ballet Pensacola Inc have?
Ballet Pensacola Inc 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Ballet Pensacola Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ballet Pensacola Inc's revenue has grown by 81.1%, moving from $501K to $907K. Total assets increased by 350.2% over the same period, from $155K to $696K. Total functional expenses rose by 92.9%, from $506K to $975K. In its most recent filing year (2023), Ballet Pensacola Inc reported a deficit of $68K, with expenses exceeding revenue. The organization holds $194K in liabilities against $696K in assets (debt-to-asset ratio: 27.8%), resulting in net assets of $502K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $907K | $975K | $696K | $194K | — | — |
| 2022 | $1.2M | $645K | $571K | $367 | — | View 990 |
| 2021 | $535K | $589K | $408K | $500 | — | — |
| 2020 | $791K | $729K | $455K | $24K | — | View 990 |
| 2019 | $844K | $864K | $396K | $26K | — | View 990 |
| 2018 | $876K | $846K | $414K | $24K | — | View 990 |
| 2017 | $817K | $813K | $384K | $22K | — | View 990 |
| 2016 | $953K | $868K | $380K | $23K | — | View 990 |
| 2015 | $730K | $733K | $314K | $42K | — | View 990 |
| 2014 | $745K | $661K | $302K | $26K | — | View 990 |
| 2013 | $632K | $611K | $239K | $41K | — | View 990 |
| 2012 | $545K | $525K | $193K | $21K | — | View 990 |
| 2011 | $501K | $506K | $155K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $907K, expenses of $975K, and assets of $696K (revenue -21.3% year-over-year).
- 2022: Revenue of $1.2M, expenses of $645K, and assets of $571K (revenue +115.4% year-over-year).
- 2021: Revenue of $535K, expenses of $589K, and assets of $408K (revenue -32.4% year-over-year).
- 2020: Revenue of $791K, expenses of $729K, and assets of $455K (revenue -6.3% year-over-year).
- 2019: Revenue of $844K, expenses of $864K, and assets of $396K (revenue -3.6% year-over-year).
- 2018: Revenue of $876K, expenses of $846K, and assets of $414K (revenue +7.1% year-over-year).
- 2017: Revenue of $817K, expenses of $813K, and assets of $384K (revenue -14.2% year-over-year).
- 2016: Revenue of $953K, expenses of $868K, and assets of $380K (revenue +30.6% year-over-year).
- 2015: Revenue of $730K, expenses of $733K, and assets of $314K (revenue -2.0% year-over-year).
- 2014: Revenue of $745K, expenses of $661K, and assets of $302K (revenue +17.9% year-over-year).
- 2013: Revenue of $632K, expenses of $611K, and assets of $239K (revenue +16.0% year-over-year).
- 2012: Revenue of $545K, expenses of $525K, and assets of $193K (revenue +8.7% year-over-year).
- 2011: Revenue of $501K, expenses of $506K, and assets of $155K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ballet Pensacola Inc:
Data Sources and Methodology
This transparency report for Ballet Pensacola 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.