Connecticut Concert Ballet Inc
Connecticut Concert Ballet: Consistent Programming, Modest Reserves
EIN: 222621940 · Manchester, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $432K |
| Total Expenses | $419K |
| Program Spending | 75% |
| Net Assets | $208K |
| Transparency Score | 75/100 |
Is Connecticut Concert Ballet Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecticut Concert Ballet Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connecticut Concert Ballet Inc
Connecticut Concert Ballet Inc (EIN: 222621940) is a nonprofit organization based in Manchester, CT. The organization reported total revenue of $432K and total assets of $208K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Concert Ballet Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Concert Ballet Inc is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $432K |
| Total Expenses | $419K |
| Surplus / Deficit | +$13K |
| Total Assets | $208K |
| Net Assets | $208K |
| Operating Margin | 2.9% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2023, Connecticut Concert Ballet Inc reported a surplus of $13K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Connecticut Concert Ballet Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.3% | +4.5% | +6.3% |
| 2022 | -12.4% | +17.6% | -6.1% |
| 2021 | +45.7% | -0.3% | +96.1% |
| 2020 | -30.8% | -16.0% | -26.2% |
| 2019 | +8.5% | +2.2% | +29.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Connecticut Concert Ballet Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Connecticut Concert Ballet Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation details are not provided in the available data, preventing a specific assessment.
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 Connecticut Concert Ballet Inc's IRS 990 filings:
- Lack of detailed breakdown for expenses (programs, admin, fundraising) in the provided data makes it difficult to fully assess operational efficiency.
- No information on executive compensation is available.
Strengths
The following positive indicators were identified for Connecticut Concert Ballet Inc:
- Consistent revenue generation over several years, indicating stable community support.
- Maintains a positive asset base, growing from $104,877 in 2017 to $208,141 in 2023.
Frequently Asked Questions about Connecticut Concert Ballet Inc
Is Connecticut Concert Ballet Inc a legitimate charity?
Connecticut Concert Ballet Inc (EIN: 222621940) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $432K. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Connecticut Concert Ballet Inc spend its money?
Connecticut Concert Ballet Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Connecticut Concert Ballet Inc tax-deductible?
Connecticut Concert Ballet Inc is registered as a tax-exempt nonprofit (EIN: 222621940). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Connecticut Concert Ballet Inc's spending goes to programs?
Connecticut Concert Ballet Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Connecticut Concert Ballet Inc located?
Connecticut Concert Ballet Inc is headquartered in Manchester, Connecticut and files with the IRS under EIN 222621940.
How many years of IRS 990 filings does Connecticut Concert Ballet Inc have?
Connecticut Concert Ballet 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 $432K in total revenue.
What does Connecticut Concert Ballet Inc do?
Connecticut Concert Ballet Inc is a nonprofit organization in the Unknown sector, located in Manchester, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Connecticut Concert Ballet Inc have?
Connecticut Concert Ballet Inc reported total revenue of $432,016. Based on 13 IRS 990 filings on record.
What are Connecticut Concert Ballet Inc's total assets?
Connecticut Concert Ballet Inc holds total assets of $208,141 as reported in IRS 990 filings.
Where is Connecticut Concert Ballet Inc located?
Connecticut Concert Ballet Inc is based in Manchester, Connecticut.
What is Connecticut Concert Ballet Inc's EIN?
Connecticut Concert Ballet Inc's Employer Identification Number (EIN) is 222621940. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Connecticut Concert Ballet Inc?
Connecticut Concert Ballet Inc is classified under NTEE code Unknown (Unknown).
Is Connecticut Concert Ballet Inc a registered 501(c)(3)?
Connecticut Concert Ballet Inc appears in IRS records (EIN: 222621940). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Connecticut Concert Ballet Inc file IRS Form 990?
Yes, Connecticut Concert Ballet Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Connecticut Concert Ballet Inc's revenue in 2023?
In the 202312 filing period, Connecticut Concert Ballet Inc reported total revenue of $432,016, total expenses of $419,384, and net assets of $208,141.
Is Connecticut Concert Ballet Inc's revenue growing or declining?
Connecticut Concert Ballet Inc's revenue is growing. Revenue went from $388,228 (202212) to $432,016 (202312), a +11.3% change. Based on 13 filings on record.
What is Connecticut Concert Ballet Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Connecticut Concert Ballet Inc covers tax period 202312. It shows revenue of $432,016, expenses of $419,384, total assets of $208,141, and liabilities of N/A.
How much does Connecticut Concert Ballet Inc spend on programs vs administration?
Based on IRS 990 analysis, Connecticut Concert Ballet Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Connecticut Concert Ballet Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Connecticut Concert Ballet Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Connecticut Concert Ballet Inc?
The following concerns were identified: Lack of detailed breakdown for expenses (programs, admin, fundraising) in the provided data makes it difficult to fully assess operational efficiency.. No information on executive compensation is available.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Connecticut Concert Ballet Inc's strengths?
Positive indicators for Connecticut Concert Ballet Inc include: Consistent revenue generation over several years, indicating stable community support.. Maintains a positive asset base, growing from $104,877 in 2017 to $208,141 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Connecticut Concert Ballet Inc compensate executives?
Executive compensation details are not provided in the available data, preventing a specific assessment. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization manage to maintain consistent revenue despite varying economic conditions?
The consistent revenue, ranging from $304,117 to $447,404 over the past eight years, suggests a stable donor base and effective fundraising strategies, likely supported by community engagement and program appeal.
What is the trend in the organization's net assets and what does it imply about financial health?
Net assets have shown a positive trend, increasing from $104,877 in 2017 to $208,141 in 2023. This growth indicates prudent financial management and an ability to retain funds, strengthening its long-term financial stability.
Filing History
IRS 990 filing history for Connecticut Concert Ballet Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Connecticut Concert Ballet Inc's revenue has grown by 16.5%, moving from $371K to $432K. Total assets increased by 180% over the same period, from $74K to $208K. Total functional expenses rose by 21.8%, from $344K to $419K. In its most recent filing year (2023), Connecticut Concert Ballet Inc reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $432K | $419K | $208K | $0 | — | — |
| 2022 | $388K | $401K | $196K | $0 | — | View 990 |
| 2021 | $443K | $341K | $208K | $0 | — | View 990 |
| 2020 | $304K | $342K | $106K | $0 | — | View 990 |
| 2019 | $439K | $407K | $144K | $0 | — | View 990 |
| 2018 | $405K | $398K | $112K | $0 | — | View 990 |
| 2017 | $416K | $420K | $105K | $0 | — | View 990 |
| 2016 | $447K | $406K | $108K | $0 | — | View 990 |
| 2015 | $422K | $469K | $67K | $0 | — | View 990 |
| 2014 | $451K | $450K | $114K | $0 | — | View 990 |
| 2013 | $431K | $429K | $113K | $0 | — | View 990 |
| 2012 | $391K | $354K | $111K | $0 | — | View 990 |
| 2011 | $371K | $344K | $74K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $432K, expenses of $419K, and assets of $208K (revenue +11.3% year-over-year).
- 2022: Revenue of $388K, expenses of $401K, and assets of $196K (revenue -12.4% year-over-year).
- 2021: Revenue of $443K, expenses of $341K, and assets of $208K (revenue +45.7% year-over-year).
- 2020: Revenue of $304K, expenses of $342K, and assets of $106K (revenue -30.8% year-over-year).
- 2019: Revenue of $439K, expenses of $407K, and assets of $144K (revenue +8.5% year-over-year).
- 2018: Revenue of $405K, expenses of $398K, and assets of $112K (revenue -2.6% year-over-year).
- 2017: Revenue of $416K, expenses of $420K, and assets of $105K (revenue -7.0% year-over-year).
- 2016: Revenue of $447K, expenses of $406K, and assets of $108K (revenue +6.1% year-over-year).
- 2015: Revenue of $422K, expenses of $469K, and assets of $67K (revenue -6.4% year-over-year).
- 2014: Revenue of $451K, expenses of $450K, and assets of $114K (revenue +4.5% year-over-year).
- 2013: Revenue of $431K, expenses of $429K, and assets of $113K (revenue +10.3% year-over-year).
- 2012: Revenue of $391K, expenses of $354K, and assets of $111K (revenue +5.4% year-over-year).
- 2011: Revenue of $371K, expenses of $344K, and assets of $74K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Concert Ballet Inc:
Data Sources and Methodology
This transparency report for Connecticut Concert Ballet 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.