Loudoun Ballet Performing Arts Company Inc
EIN: 814683165 · Leesburg, VA · NTEE: A63
About Loudoun Ballet Performing Arts Company Inc
Loudoun Ballet Performing Arts Company Inc (EIN: 814683165) is a nonprofit organization based in Leesburg, VA, classified under NTEE code A63. The organization reported total revenue of $187K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Loudoun Ballet Performing Arts Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Loudoun Ballet Performing Arts Company 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 Loudoun Ballet Performing Arts Company 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.
Filing History
IRS 990 filing history for Loudoun Ballet Performing Arts Company Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2019–2024), Loudoun Ballet Performing Arts Company Inc's revenue has grown by 90.2%, moving from $99K to $189K. Total assets increased by 129.7% over the same period, from $16K to $37K. Total functional expenses rose by 29.3%, from $134K to $174K. In its most recent filing year (2024), Loudoun Ballet Performing Arts Company Inc reported a surplus of $15K, with revenue exceeding expenses. The organization holds $10K in liabilities against $37K in assets (debt-to-asset ratio: 26.2%), resulting in net assets of $27K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $189K | $174K | $37K | $10K | — | — |
| 2023 | $161K | $174K | $21K | $9K | — | — |
| 2022 | $88K | $88K | $25K | $500 | — | — |
| 2021 | $29K | $30K | $26K | $500 | — | — |
| 2020 | $82K | $61K | $26K | $2K | — | View 990 |
| 2019 | $99K | $134K | $16K | $500 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $189K, expenses of $174K, and assets of $37K (revenue +17.0% year-over-year).
- 2023: Revenue of $161K, expenses of $174K, and assets of $21K (revenue +83.6% year-over-year).
- 2022: Revenue of $88K, expenses of $88K, and assets of $25K (revenue +200.5% year-over-year).
- 2021: Revenue of $29K, expenses of $30K, and assets of $26K (revenue -64.2% year-over-year).
- 2020: Revenue of $82K, expenses of $61K, and assets of $26K (revenue -17.6% year-over-year).
- 2019: Revenue of $99K, expenses of $134K, and assets of $16K.
Data Sources and Methodology
This transparency report for Loudoun Ballet Performing Arts Company 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.