Mid Ohio Valley Ballet Company
EIN: 311120217 · Parkersburg, WV
| Metric | Value |
|---|---|
| Total Expenses | $76K |
| Net Assets | $17K |
Is Mid Ohio Valley Ballet Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mid Ohio Valley Ballet Company
Mid Ohio Valley Ballet Company (EIN: 311120217) is a nonprofit organization based in Parkersburg, WV. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mid Ohio Valley Ballet Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mid Ohio Valley Ballet Company is a micro 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 -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $49K |
| Total Expenses | $76K |
| Surplus / Deficit | $-27,019 |
| Total Assets | $51K |
| Total Liabilities | $34K |
| Net Assets | $17K |
| Operating Margin | -55.1% |
| Debt-to-Asset Ratio | 66.7% |
| Months of Reserves | 8.0 months |
Financial Health Grade: C
In 2023, Mid Ohio Valley Ballet Company reported a deficit of $27K with expenses exceeding revenue, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 66.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mid Ohio Valley Ballet Company's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.0% | +100.9% | -36.1% |
| 2022 | +87.0% | +19.8% | +77.7% |
| 2021 | +81.4% | -13.7% | +19.2% |
| 2020 | -61.5% | -34.8% | -30.3% |
| 2019 | +15.9% | +10.5% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mid Ohio Valley Ballet Company 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 Mid Ohio Valley Ballet Company 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 $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 66.7%.
Frequently Asked Questions about Mid Ohio Valley Ballet Company
Is Mid Ohio Valley Ballet Company a legitimate charity?
Mid Ohio Valley Ballet Company (EIN: 311120217) is a registered tax-exempt nonprofit based in West Virginia. It has 13 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Mid Ohio Valley Ballet Company spend its money?
Mid Ohio Valley Ballet Company reported its financials in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mid Ohio Valley Ballet Company tax-deductible?
Mid Ohio Valley Ballet Company is registered as a tax-exempt nonprofit (EIN: 311120217). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mid Ohio Valley Ballet Company located?
Mid Ohio Valley Ballet Company is headquartered in Parkersburg, West Virginia and files with the IRS under EIN 311120217.
How many years of IRS 990 filings does Mid Ohio Valley Ballet Company have?
Mid Ohio Valley Ballet Company 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.
Filing History
IRS 990 filing history for Mid Ohio Valley Ballet Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mid Ohio Valley Ballet Company's revenue has declined by 4.4%, moving from $51K to $49K. Total assets decreased by 26.4% over the same period, from $69K to $51K. Total functional expenses rose by 52.8%, from $50K to $76K. In its most recent filing year (2023), Mid Ohio Valley Ballet Company reported a deficit of $27K, with expenses exceeding revenue. The organization holds $34K in liabilities against $51K in assets (debt-to-asset ratio: 66.7%), resulting in net assets of $17K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $49K | $76K | $51K | $34K | — | — |
| 2022 | $74K | $38K | $80K | $19K | — | View 990 |
| 2021 | $40K | $32K | $45K | $20K | — | — |
| 2020 | $22K | $37K | $38K | $22K | — | View 990 |
| 2019 | $57K | $56K | $54K | $18K | — | View 990 |
| 2018 | $49K | $51K | $55K | $23K | — | View 990 |
| 2017 | $62K | $54K | $57K | $23K | — | View 990 |
| 2016 | $48K | $57K | $49K | $23K | — | View 990 |
| 2015 | $56K | $30K | $63K | $29K | — | View 990 |
| 2014 | $47K | $40K | $62K | $34K | — | View 990 |
| 2013 | $49K | $55K | $61K | $39K | — | View 990 |
| 2012 | $54K | $53K | $68K | $43K | — | View 990 |
| 2011 | $51K | $50K | $69K | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $49K, expenses of $76K, and assets of $51K (revenue -34.0% year-over-year).
- 2022: Revenue of $74K, expenses of $38K, and assets of $80K (revenue +87.0% year-over-year).
- 2021: Revenue of $40K, expenses of $32K, and assets of $45K (revenue +81.4% year-over-year).
- 2020: Revenue of $22K, expenses of $37K, and assets of $38K (revenue -61.5% year-over-year).
- 2019: Revenue of $57K, expenses of $56K, and assets of $54K (revenue +15.9% year-over-year).
- 2018: Revenue of $49K, expenses of $51K, and assets of $55K (revenue -21.3% year-over-year).
- 2017: Revenue of $62K, expenses of $54K, and assets of $57K (revenue +29.2% year-over-year).
- 2016: Revenue of $48K, expenses of $57K, and assets of $49K (revenue -14.0% year-over-year).
- 2015: Revenue of $56K, expenses of $30K, and assets of $63K (revenue +20.7% year-over-year).
- 2014: Revenue of $47K, expenses of $40K, and assets of $62K (revenue -5.2% year-over-year).
- 2013: Revenue of $49K, expenses of $55K, and assets of $61K (revenue -9.1% year-over-year).
- 2012: Revenue of $54K, expenses of $53K, and assets of $68K (revenue +5.2% year-over-year).
- 2011: Revenue of $51K, expenses of $50K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mid Ohio Valley Ballet Company:
Data Sources and Methodology
This transparency report for Mid Ohio Valley Ballet Company 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.