New England Ballet Company
EIN: 61446707 · Bridgeport, CT · NTEE: A63
| Metric | Value |
|---|---|
| Total Revenue | $128K |
| Total Expenses | $189K |
| Net Assets | $69K |
Is New England 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 New England Ballet Company
New England Ballet Company (EIN: 61446707) is a nonprofit organization based in Bridgeport, CT, classified under NTEE code A63. The organization reported total revenue of $128K and total assets of $162K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New England Ballet Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New England Ballet Company is a small nonprofit that has been operating for 27 years, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of -4.6%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $123K |
| Total Expenses | $189K |
| Surplus / Deficit | $-65,796 |
| Total Assets | $162K |
| Total Liabilities | $93K |
| Net Assets | $69K |
| Operating Margin | -53.3% |
| Debt-to-Asset Ratio | 57.4% |
| Months of Reserves | 10.2 months |
Financial Health Grade: C
In 2018, New England Ballet Company reported a deficit of $66K with expenses exceeding revenue, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 57.4% (high leverage).
Financial Trends
Over 7 years of filings (2012–2018), New England Ballet Company's revenue has declined at a compound annual growth rate (CAGR) of -4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -15.6% | +48.9% | +166.7% |
| 2017 | -28.4% | -34.5% | +74.5% |
| 2016 | -4.4% | -10.9% | +39.0% |
| 2015 | +53.7% | +48.3% | +279.6% |
| 2014 | -3.2% | -12.3% | +109.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New England 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 New England 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 57.4%.
Frequently Asked Questions about New England Ballet Company
Is New England Ballet Company a legitimate charity?
Based on AI analysis of IRS 990 filings, New England Ballet Company (EIN: 61446707) insufficient data. 0 red flags identified, 0 strengths noted.
How does New England Ballet Company spend its money?
Detailed spending breakdown data is not yet available for New England Ballet Company. Check back for updated IRS 990 analysis.
Are donations to New England Ballet Company tax-deductible?
New England Ballet Company is registered as a tax-exempt nonprofit (EIN: 61446707). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New England Ballet Company located?
New England Ballet Company is headquartered in Bridgeport, Connecticut and files with the IRS under EIN 61446707. It is classified under NTEE code A63.
How many years of IRS 990 filings does New England Ballet Company have?
New England Ballet Company has 7 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 $128K in total revenue.
Filing History
IRS 990 filing history for New England Ballet Company showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), New England Ballet Company's revenue has declined by 24.8%, moving from $164K to $123K. Total assets increased by 4408.3% over the same period, from $4K to $162K. Total functional expenses rose by 16.9%, from $162K to $189K. In its most recent filing year (2018), New England Ballet Company reported a deficit of $66K, with expenses exceeding revenue. The organization holds $93K in liabilities against $162K in assets (debt-to-asset ratio: 57.4%), resulting in net assets of $69K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $123K | $189K | $162K | $93K | — | View 990 |
| 2017 | $146K | $127K | $61K | $79K | — | View 990 |
| 2016 | $204K | $194K | $35K | $72K | — | View 990 |
| 2015 | $214K | $218K | $25K | $73K | — | View 990 |
| 2014 | $139K | $147K | $7K | $54K | — | View 990 |
| 2013 | $144K | $167K | $3K | $43K | — | View 990 |
| 2012 | $164K | $162K | $4K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $123K, expenses of $189K, and assets of $162K (revenue -15.6% year-over-year).
- 2017: Revenue of $146K, expenses of $127K, and assets of $61K (revenue -28.4% year-over-year).
- 2016: Revenue of $204K, expenses of $194K, and assets of $35K (revenue -4.4% year-over-year).
- 2015: Revenue of $214K, expenses of $218K, and assets of $25K (revenue +53.7% year-over-year).
- 2014: Revenue of $139K, expenses of $147K, and assets of $7K (revenue -3.2% year-over-year).
- 2013: Revenue of $144K, expenses of $167K, and assets of $3K (revenue -12.5% year-over-year).
- 2012: Revenue of $164K, expenses of $162K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New England Ballet Company:
Data Sources and Methodology
This transparency report for New England 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.