Ballet School Of Stamford
EIN: 61517402 · Stamford, CT · NTEE: A6E0
| Metric | Value |
|---|---|
| Total Revenue | $266K |
| Total Expenses | $260K |
| Net Assets | $69K |
Is Ballet School Of Stamford Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ballet School Of Stamford
Ballet School Of Stamford (EIN: 61517402) is a nonprofit organization based in Stamford, CT, classified under NTEE code A6E0. The organization reported total revenue of $266K and total assets of $90K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ballet School Of Stamford's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ballet School Of Stamford is a small nonprofit that has been operating for 27 years, with 15 years of IRS 990 filings on record (2010–2024). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $263K |
| Total Expenses | $260K |
| Surplus / Deficit | +$3K |
| Total Assets | $95K |
| Total Liabilities | $25K |
| Net Assets | $69K |
| Operating Margin | 1.1% |
| Debt-to-Asset Ratio | 26.9% |
| Months of Reserves | 4.4 months |
Financial Health Grade: A
In 2024, Ballet School Of Stamford reported a surplus of $3K with revenue exceeding expenses, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 26.9% (moderate leverage).
Financial Trends
Over 15 years of filings (2010–2024), Ballet School Of Stamford's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -7.3% | -10.3% | -0.5% |
| 2023 | +31.2% | +39.7% | +12.8% |
| 2022 | +220.2% | +381.2% | +174.9% |
| 2021 | +65.3% | -1.9% | +63.2% |
| 2020 | -36.0% | -34.6% | -14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ballet School Of Stamford 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 School Of Stamford 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.9%.
Frequently Asked Questions about Ballet School Of Stamford
Is Ballet School Of Stamford a legitimate charity?
Based on AI analysis of IRS 990 filings, Ballet School Of Stamford (EIN: 61517402) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ballet School Of Stamford spend its money?
Detailed spending breakdown data is not yet available for Ballet School Of Stamford. Check back for updated IRS 990 analysis.
Are donations to Ballet School Of Stamford tax-deductible?
Ballet School Of Stamford is registered as a tax-exempt nonprofit (EIN: 61517402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ballet School Of Stamford located?
Ballet School Of Stamford is headquartered in Stamford, Connecticut and files with the IRS under EIN 61517402. It is classified under NTEE code A6E0.
How many years of IRS 990 filings does Ballet School Of Stamford have?
Ballet School Of Stamford has 15 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 $266K in total revenue.
Filing History
IRS 990 filing history for Ballet School Of Stamford showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2010–2024), Ballet School Of Stamford's revenue has declined by 17.9%, moving from $320K to $263K. Total assets increased by 127.3% over the same period, from $42K to $95K. Total functional expenses fell by 24.8%, from $346K to $260K. In its most recent filing year (2024), Ballet School Of Stamford reported a surplus of $3K, with revenue exceeding expenses. The organization holds $25K in liabilities against $95K in assets (debt-to-asset ratio: 26.9%), resulting in net assets of $69K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $263K | $260K | $95K | $25K | — | — |
| 2023 | $283K | $290K | $95K | $35K | — | View 990 |
| 2022 | $216K | $207K | $84K | $54K | — | View 990 |
| 2021 | $67K | $43K | $31K | $9K | — | View 990 |
| 2020 | $41K | $44K | $19K | $22K | — | View 990 |
| 2019 | $64K | $67K | $22K | $22K | — | View 990 |
| 2018 | $105K | $95K | $25K | $22K | — | View 990 |
| 2017 | $300K | $303K | $20K | $26K | — | — |
| 2016 | $332K | $339K | $25K | $28K | — | View 990 |
| 2015 | $345K | $346K | $31K | $28K | — | View 990 |
| 2014 | $401K | $386K | $32K | $28K | — | View 990 |
| 2013 | $394K | $404K | $33K | $44K | — | View 990 |
| 2012 | $403K | $373K | $50K | $51K | — | View 990 |
| 2011 | $393K | $363K | $43K | $74K | — | View 990 |
| 2010 | $320K | $346K | $42K | $103K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $263K, expenses of $260K, and assets of $95K (revenue -7.3% year-over-year).
- 2023: Revenue of $283K, expenses of $290K, and assets of $95K (revenue +31.2% year-over-year).
- 2022: Revenue of $216K, expenses of $207K, and assets of $84K (revenue +220.2% year-over-year).
- 2021: Revenue of $67K, expenses of $43K, and assets of $31K (revenue +65.3% year-over-year).
- 2020: Revenue of $41K, expenses of $44K, and assets of $19K (revenue -36.0% year-over-year).
- 2019: Revenue of $64K, expenses of $67K, and assets of $22K (revenue -39.1% year-over-year).
- 2018: Revenue of $105K, expenses of $95K, and assets of $25K (revenue -65.1% year-over-year).
- 2017: Revenue of $300K, expenses of $303K, and assets of $20K (revenue -9.8% year-over-year).
- 2016: Revenue of $332K, expenses of $339K, and assets of $25K (revenue -3.7% year-over-year).
- 2015: Revenue of $345K, expenses of $346K, and assets of $31K (revenue -14.1% year-over-year).
- 2014: Revenue of $401K, expenses of $386K, and assets of $32K (revenue +2.0% year-over-year).
- 2013: Revenue of $394K, expenses of $404K, and assets of $33K (revenue -2.3% year-over-year).
- 2012: Revenue of $403K, expenses of $373K, and assets of $50K (revenue +2.5% year-over-year).
- 2011: Revenue of $393K, expenses of $363K, and assets of $43K (revenue +22.7% year-over-year).
- 2010: Revenue of $320K, expenses of $346K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ballet School Of Stamford:
Data Sources and Methodology
This transparency report for Ballet School Of Stamford 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.