Tacoma City Ballet
EIN: 911735402 · Tacoma, WA · NTEE: A99
| Metric | Value |
|---|---|
| Total Revenue | $578K |
| Total Expenses | $840K |
| Net Assets | $977K |
Is Tacoma City Ballet Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tacoma City Ballet
Tacoma City Ballet (EIN: 911735402) is a nonprofit organization based in Tacoma, WA, classified under NTEE code A99. The organization reported total revenue of $578K and total assets of $434K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tacoma City Ballet's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tacoma City Ballet is a small nonprofit that has been operating for 30 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 42.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $786K |
| Total Expenses | $840K |
| Surplus / Deficit | $-54,146 |
| Total Assets | $1.1M |
| Total Liabilities | $160K |
| Net Assets | $977K |
| Operating Margin | -6.9% |
| Debt-to-Asset Ratio | 14.1% |
| Months of Reserves | 16.2 months |
Financial Health Grade: B
In 2023, Tacoma City Ballet reported a deficit of $54K with expenses exceeding revenue, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 14.1% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Tacoma City Ballet's revenue has grown at a compound annual growth rate (CAGR) of 42.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.1% | +78.6% | -4.5% |
| 2022 | -42.6% | +40.0% | +9.5% |
| 2021 | +102.2% | -41.2% | +139.8% |
| 2020 | -3.4% | -3.8% | +32.7% |
| 2019 | -7.0% | +24.5% | -22.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tacoma City 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 Tacoma City 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 deficit of $54K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.1%.
Frequently Asked Questions about Tacoma City Ballet
Is Tacoma City Ballet a legitimate charity?
Based on AI analysis of IRS 990 filings, Tacoma City Ballet (EIN: 911735402) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tacoma City Ballet spend its money?
Detailed spending breakdown data is not yet available for Tacoma City Ballet. Check back for updated IRS 990 analysis.
Are donations to Tacoma City Ballet tax-deductible?
Tacoma City Ballet is registered as a tax-exempt nonprofit (EIN: 911735402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tacoma City Ballet located?
Tacoma City Ballet is headquartered in Tacoma, Washington and files with the IRS under EIN 911735402. It is classified under NTEE code A99.
How many years of IRS 990 filings does Tacoma City Ballet have?
Tacoma City Ballet has 12 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 $578K in total revenue.
Filing History
IRS 990 filing history for Tacoma City Ballet showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Tacoma City Ballet's revenue has grown by 6957%, moving from $11K to $786K. Total assets increased by 2304.6% over the same period, from $47K to $1.1M. Total functional expenses rose by 1955.5%, from $41K to $840K. In its most recent filing year (2023), Tacoma City Ballet reported a deficit of $54K, with expenses exceeding revenue. The organization holds $160K in liabilities against $1.1M in assets (debt-to-asset ratio: 14.1%), resulting in net assets of $977K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $786K | $840K | $1.1M | $160K | — | — |
| 2022 | $574K | $471K | $1.2M | $160K | — | View 990 |
| 2021 | $999K | $336K | $1.1M | $160K | — | View 990 |
| 2020 | $494K | $572K | $453K | $189K | — | — |
| 2019 | $512K | $594K | $342K | $0 | — | View 990 |
| 2018 | $550K | $477K | $439K | $15K | — | View 990 |
| 2017 | $446K | $372K | $341K | $15K | — | View 990 |
| 2016 | $528K | $451K | $253K | $0 | — | View 990 |
| 2015 | $505K | $516K | $175K | $0 | — | View 990 |
| 2013 | $458K | $369K | $128K | $7K | — | View 990 |
| 2012 | $11K | $41K | $47K | $14K | — | View 990 |
| 2011 | $11K | $41K | $47K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $786K, expenses of $840K, and assets of $1.1M (revenue +37.1% year-over-year).
- 2022: Revenue of $574K, expenses of $471K, and assets of $1.2M (revenue -42.6% year-over-year).
- 2021: Revenue of $999K, expenses of $336K, and assets of $1.1M (revenue +102.2% year-over-year).
- 2020: Revenue of $494K, expenses of $572K, and assets of $453K (revenue -3.4% year-over-year).
- 2019: Revenue of $512K, expenses of $594K, and assets of $342K (revenue -7.0% year-over-year).
- 2018: Revenue of $550K, expenses of $477K, and assets of $439K (revenue +23.4% year-over-year).
- 2017: Revenue of $446K, expenses of $372K, and assets of $341K (revenue -15.6% year-over-year).
- 2016: Revenue of $528K, expenses of $451K, and assets of $253K (revenue +4.5% year-over-year).
- 2015: Revenue of $505K, expenses of $516K, and assets of $175K (revenue +10.4% year-over-year).
- 2013: Revenue of $458K, expenses of $369K, and assets of $128K (revenue +4006.3% year-over-year).
- 2012: Revenue of $11K, expenses of $41K, and assets of $47K (revenue +0.0% year-over-year).
- 2011: Revenue of $11K, expenses of $41K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tacoma City Ballet:
Data Sources and Methodology
This transparency report for Tacoma City 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.