Royal Expressions Contemporary Ballet
EIN: 264707077 · Greensboro, NC · NTEE: A63
| Metric | Value |
|---|---|
| Total Revenue | $298K |
| Total Expenses | $147K |
| Net Assets | $-13,710 |
Is Royal Expressions Contemporary Ballet Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Royal Expressions Contemporary Ballet
Royal Expressions Contemporary Ballet (EIN: 264707077) is a nonprofit organization based in Greensboro, NC, classified under NTEE code A63. The organization reported total revenue of $298K and total assets of $118K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Royal Expressions Contemporary Ballet's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Royal Expressions Contemporary Ballet is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $152K |
| Total Expenses | $147K |
| Surplus / Deficit | +$5K |
| Total Assets | $25K |
| Total Liabilities | $39K |
| Net Assets | $-13,710 |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 154.1% |
| Months of Reserves | 2.1 months |
Financial Health Grade: B
In 2023, Royal Expressions Contemporary Ballet reported a surplus of $5K with revenue exceeding expenses, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 154.1% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Royal Expressions Contemporary Ballet's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.4% | +2.8% | +83.3% |
| 2022 | +36.3% | +62.5% | -40.3% |
| 2021 | +60.2% | +73.9% | +29.4% |
| 2020 | +13.1% | +1.8% | +858.7% |
| 2019 | -7.3% | +3.2% | -48.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Royal Expressions Contemporary Ballet 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 Royal Expressions Contemporary Ballet 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 surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 154.1%.
Frequently Asked Questions about Royal Expressions Contemporary Ballet
Is Royal Expressions Contemporary Ballet a legitimate charity?
Royal Expressions Contemporary Ballet (EIN: 264707077) is a registered tax-exempt nonprofit based in North Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $298K. No red flags identified. Financial health grade: B.
How does Royal Expressions Contemporary Ballet spend its money?
Royal Expressions Contemporary Ballet reported $298K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Royal Expressions Contemporary Ballet tax-deductible?
Royal Expressions Contemporary Ballet is registered as a tax-exempt nonprofit (EIN: 264707077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Royal Expressions Contemporary Ballet located?
Royal Expressions Contemporary Ballet is headquartered in Greensboro, North Carolina and files with the IRS under EIN 264707077. It is classified under NTEE code A63.
How many years of IRS 990 filings does Royal Expressions Contemporary Ballet have?
Royal Expressions Contemporary Ballet has 9 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 $298K in total revenue.
Filing History
IRS 990 filing history for Royal Expressions Contemporary Ballet showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Royal Expressions Contemporary Ballet's revenue has grown by 223.6%, moving from $47K to $152K. Total assets increased by 272.8% over the same period, from $7K to $25K. Total functional expenses rose by 237.8%, from $44K to $147K. In its most recent filing year (2023), Royal Expressions Contemporary Ballet reported a surplus of $5K, with revenue exceeding expenses. The organization holds $39K in liabilities against $25K in assets (debt-to-asset ratio: 154.1%), resulting in net assets of $-13,710.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $152K | $147K | $25K | $39K | — | View 990 |
| 2022 | $121K | $143K | $14K | $32K | — | View 990 |
| 2021 | $89K | $88K | $23K | $20K | — | View 990 |
| 2020 | $55K | $51K | $18K | $13K | — | View 990 |
| 2019 | $49K | $50K | $2K | $918 | — | View 990 |
| 2018 | $53K | $48K | $4K | $333 | — | View 990 |
| 2017 | $54K | $56K | $4K | $722 | — | View 990 |
| 2016 | $62K | $62K | $7K | $585 | — | View 990 |
| 2015 | $47K | $44K | $7K | $343 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $152K, expenses of $147K, and assets of $25K (revenue +25.4% year-over-year).
- 2022: Revenue of $121K, expenses of $143K, and assets of $14K (revenue +36.3% year-over-year).
- 2021: Revenue of $89K, expenses of $88K, and assets of $23K (revenue +60.2% year-over-year).
- 2020: Revenue of $55K, expenses of $51K, and assets of $18K (revenue +13.1% year-over-year).
- 2019: Revenue of $49K, expenses of $50K, and assets of $2K (revenue -7.3% year-over-year).
- 2018: Revenue of $53K, expenses of $48K, and assets of $4K (revenue -1.6% year-over-year).
- 2017: Revenue of $54K, expenses of $56K, and assets of $4K (revenue -13.5% year-over-year).
- 2016: Revenue of $62K, expenses of $62K, and assets of $7K (revenue +32.6% year-over-year).
- 2015: Revenue of $47K, expenses of $44K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Royal Expressions Contemporary Ballet:
Data Sources and Methodology
This transparency report for Royal Expressions Contemporary Ballet 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.