Ballet Theatre Of Ashburn Inc
Ballet Theatre Of Ashburn Inc shows consistent growth with lean operations and no reported officer compensation.
EIN: 200487779 · Ashburn, VA · NTEE: A63 · Updated: 2026-03-28
Is Ballet Theatre Of Ashburn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ballet Theatre Of Ashburn Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ballet Theatre Of Ashburn Inc
Ballet Theatre Of Ashburn Inc (EIN: 200487779) is a nonprofit organization based in Ashburn, VA, classified under NTEE code A63. The organization reported total revenue of $528K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ballet Theatre Of Ashburn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ballet Theatre Of Ashburn Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Ballet Theatre Of Ashburn Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer or compensated through mechanisms not classified as officer compensation on the 990, which is highly favorable for a nonprofit of its size.
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.
Red Flags
The following concerns were identified during AI analysis of Ballet Theatre Of Ashburn Inc's IRS 990 filings:
- Operating deficits in multiple years (e.g., 2023, 2022, 2019, 2017, 2015, 2014) indicate a pattern of spending slightly more than revenue.
- Low asset base relative to annual revenue, potentially limiting financial reserves for future stability.
Strengths
The following positive indicators were identified for Ballet Theatre Of Ashburn Inc:
- Consistent and significant revenue growth over the past decade, from $91,023 in 2014 to $473,294 in 2023.
- Zero reported officer compensation across all filings, suggesting efficient use of funds and potentially volunteer leadership.
- Regular and timely IRS 990 filings, indicating good transparency practices.
- NTEE code A63 (Ballet) aligns well with the organization's name and mission, indicating clear program focus.
Frequently Asked Questions about Ballet Theatre Of Ashburn Inc
Is Ballet Theatre Of Ashburn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ballet Theatre Of Ashburn Inc (EIN: 200487779) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Ballet Theatre Of Ashburn Inc spend its money?
Ballet Theatre Of Ashburn Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ballet Theatre Of Ashburn Inc tax-deductible?
Ballet Theatre Of Ashburn Inc is registered as a tax-exempt nonprofit (EIN: 200487779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ballet Theatre Of Ashburn Inc financially stable?
The organization's financial stability appears moderate. While it has shown consistent revenue growth, expenses often closely match or slightly exceed revenue, as seen in 2023 with a $6,035 deficit. Its asset base is relatively small compared to its annual operating budget, which could limit its ability to weather significant unforeseen financial challenges.
How has the organization's revenue grown over time?
Ballet Theatre Of Ashburn Inc has experienced substantial revenue growth, increasing from $91,023 in 2014 to $473,294 in 2023, demonstrating a strong upward trend in its financial capacity.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating a commitment to minimizing administrative overhead related to executive salaries or relying on volunteer leadership.
Filing History
IRS 990 filing history for Ballet Theatre Of Ashburn Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Ballet Theatre Of Ashburn Inc's revenue has grown by 719.8%, moving from $58K to $473K. Total functional expenses rose by 636.5%, from $65K to $479K. In its most recent filing year (2023), Ballet Theatre Of Ashburn Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $43K in liabilities against $38K in assets (debt-to-asset ratio: 111.6%), resulting in net assets of $-4,434.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $473K | $479K | $38K | $43K | — | — |
| 2022 | $400K | $416K | $8K | $7K | — | — |
| 2021 | $307K | $293K | $26K | $8K | — | View 990 |
| 2020 | $129K | $118K | $8K | $4K | — | View 990 |
| 2019 | $190K | $201K | $16K | $23K | — | View 990 |
| 2018 | $159K | $156K | $5K | $732 | — | View 990 |
| 2017 | $137K | $141K | $7K | $5K | — | — |
| 2016 | $132K | $125K | $12K | $6K | — | View 990 |
| 2015 | $120K | $125K | $4K | $5K | — | View 990 |
| 2014 | $91K | $99K | $1 | $0 | — | View 990 |
| 2013 | $96K | $84K | $12K | $0 | — | View 990 |
| 2012 | $58K | $65K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $473K, expenses of $479K, and assets of $38K (revenue +18.5% year-over-year).
- 2022: Revenue of $400K, expenses of $416K, and assets of $8K (revenue +30.0% year-over-year).
- 2021: Revenue of $307K, expenses of $293K, and assets of $26K (revenue +138.6% year-over-year).
- 2020: Revenue of $129K, expenses of $118K, and assets of $8K (revenue -32.1% year-over-year).
- 2019: Revenue of $190K, expenses of $201K, and assets of $16K (revenue +19.4% year-over-year).
- 2018: Revenue of $159K, expenses of $156K, and assets of $5K (revenue +15.8% year-over-year).
- 2017: Revenue of $137K, expenses of $141K, and assets of $7K (revenue +3.6% year-over-year).
- 2016: Revenue of $132K, expenses of $125K, and assets of $12K (revenue +10.6% year-over-year).
- 2015: Revenue of $120K, expenses of $125K, and assets of $4K (revenue +31.5% year-over-year).
- 2014: Revenue of $91K, expenses of $99K, and assets of $1 (revenue -5.0% year-over-year).
- 2013: Revenue of $96K, expenses of $84K, and assets of $12K (revenue +66.0% year-over-year).
- 2012: Revenue of $58K, expenses of $65K, and assets of $0.
Data Sources and Methodology
This transparency report for Ballet Theatre Of Ashburn 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.