Indiana Ballet Conservatory Inc
EIN: 272928161 · Carmel, IN · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $692K |
| Net Assets | $165K |
Is Indiana Ballet Conservatory Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indiana Ballet Conservatory Inc
Indiana Ballet Conservatory Inc (EIN: 272928161) is a nonprofit organization based in Carmel, IN, classified under NTEE code A60. The organization reported total revenue of $1.1M and total assets of $636K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indiana Ballet Conservatory Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indiana Ballet Conservatory Inc is a mid-size nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $692K |
| Total Expenses | $692K |
| Surplus / Deficit | $-272 |
| Total Assets | $584K |
| Total Liabilities | $419K |
| Net Assets | $165K |
| Operating Margin | -0.0% |
| Debt-to-Asset Ratio | 71.8% |
| Months of Reserves | 10.1 months |
Financial Health Grade: C
In 2023, Indiana Ballet Conservatory Inc reported a deficit of $272 with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 71.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Indiana Ballet Conservatory Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.2% | +1.7% | +201.6% |
| 2022 | -4.5% | -1.1% | -25.8% |
| 2021 | -15.8% | +6.4% | -3.2% |
| 2020 | +12.9% | -8.6% | +174.4% |
| 2019 | -0.4% | -1.1% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Indiana Ballet Conservatory 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 Indiana Ballet Conservatory 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 $272, with expenses exceeding revenue.
- Debt-to-asset ratio: 71.8%.
Frequently Asked Questions about Indiana Ballet Conservatory Inc
Is Indiana Ballet Conservatory Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Indiana Ballet Conservatory Inc (EIN: 272928161) insufficient data. 0 red flags identified, 0 strengths noted.
How does Indiana Ballet Conservatory Inc spend its money?
Detailed spending breakdown data is not yet available for Indiana Ballet Conservatory Inc. Check back for updated IRS 990 analysis.
Are donations to Indiana Ballet Conservatory Inc tax-deductible?
Indiana Ballet Conservatory Inc is registered as a tax-exempt nonprofit (EIN: 272928161). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Indiana Ballet Conservatory Inc located?
Indiana Ballet Conservatory Inc is headquartered in Carmel, Indiana and files with the IRS under EIN 272928161. It is classified under NTEE code A60.
How many years of IRS 990 filings does Indiana Ballet Conservatory Inc have?
Indiana Ballet Conservatory 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Indiana Ballet Conservatory Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Indiana Ballet Conservatory Inc's revenue has grown by 163.4%, moving from $263K to $692K. Total assets increased by 3617.1% over the same period, from $16K to $584K. Total functional expenses rose by 144.3%, from $283K to $692K. In its most recent filing year (2023), Indiana Ballet Conservatory Inc reported a deficit of $272, with expenses exceeding revenue. The organization holds $419K in liabilities against $584K in assets (debt-to-asset ratio: 71.8%), resulting in net assets of $165K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $692K | $692K | $584K | $419K | — | — |
| 2022 | $651K | $680K | $194K | $28K | — | View 990 |
| 2021 | $682K | $688K | $261K | $28K | — | — |
| 2020 | $811K | $647K | $270K | $31K | — | — |
| 2019 | $718K | $707K | $98K | $24K | — | View 990 |
| 2018 | $721K | $715K | $100K | $36K | — | View 990 |
| 2017 | $686K | $747K | $99K | $41K | — | — |
| 2016 | $591K | $691K | $150K | $31K | — | View 990 |
| 2015 | $730K | $728K | $245K | $26K | — | View 990 |
| 2014 | $697K | $583K | $243K | $25K | — | View 990 |
| 2013 | $451K | $367K | $131K | $27K | — | View 990 |
| 2012 | $382K | $364K | $67K | $43K | — | View 990 |
| 2011 | $263K | $283K | $16K | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $692K, expenses of $692K, and assets of $584K (revenue +6.2% year-over-year).
- 2022: Revenue of $651K, expenses of $680K, and assets of $194K (revenue -4.5% year-over-year).
- 2021: Revenue of $682K, expenses of $688K, and assets of $261K (revenue -15.8% year-over-year).
- 2020: Revenue of $811K, expenses of $647K, and assets of $270K (revenue +12.9% year-over-year).
- 2019: Revenue of $718K, expenses of $707K, and assets of $98K (revenue -0.4% year-over-year).
- 2018: Revenue of $721K, expenses of $715K, and assets of $100K (revenue +5.1% year-over-year).
- 2017: Revenue of $686K, expenses of $747K, and assets of $99K (revenue +16.1% year-over-year).
- 2016: Revenue of $591K, expenses of $691K, and assets of $150K (revenue -19.0% year-over-year).
- 2015: Revenue of $730K, expenses of $728K, and assets of $245K (revenue +4.8% year-over-year).
- 2014: Revenue of $697K, expenses of $583K, and assets of $243K (revenue +54.4% year-over-year).
- 2013: Revenue of $451K, expenses of $367K, and assets of $131K (revenue +18.1% year-over-year).
- 2012: Revenue of $382K, expenses of $364K, and assets of $67K (revenue +45.5% year-over-year).
- 2011: Revenue of $263K, expenses of $283K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indiana Ballet Conservatory Inc:
Data Sources and Methodology
This transparency report for Indiana Ballet Conservatory 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.