PROVIDENCE, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BALLET RI, founded in 1983, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.2M in total revenue in fiscal year 2023. Expenses of $2.6M exceeded revenue, resulting in a 17% operating deficit.
OUR MISSION IS TO THRILL AND MOVE OUR AUDIENCES, DANCERS, CHOREOGRAPHERS, SUPPORTERS AND STAFF WITH ART AND DISCIPLINE. OUR VISION IS TO CONTINUOUSLY INCREASE IN PASSION AND ARTISTIC EXCELLENCE AND STRENGTH, ACHEIVING NATIONAL AND INTERNATIONAL RECOGNITION AS A CREATIVE FORCE IN DANCE.
DURING THE 2023-2024 SEASON, BALLET RI PRODUCED A FULL SEASON OF PERFORMANCES AT FOUR VENUES: THE VETS, WOODMAN CENTER, THE UNITED THEATRE IN WESTERLY, AND ITS OWN BLACK BOX THEATER. THE PERFORMANCES...
DURING THE 2023-2024 SEASON, BALLET RI PRODUCED A FULL SEASON OF PERFORMANCES AT FOUR VENUES: THE VETS, WOODMAN CENTER, THE UNITED THEATRE IN WESTERLY, AND ITS OWN BLACK BOX THEATER. THE PERFORMANCES MARKED THE COMPANY'S EXPANSION TO A FULL SEASON OF PROGRAMMING MATCHING THE SIZE AND SCOPE OF PRE-COVID SEASONS. PROGRAMMING RANGED FROM MIXED REPERTORY SHOWS LIKE "DEATH AND THE MAIDEN", "UP CLOSE ON HOPE", AND "OFF THE CHARTS", WHICH FEATURED A RANGE OF CLASSICAL, NEOCLASSICAL AND CONTEMPORARY WORKS, TO TRADITIONAL OFFERINGS LIKE THE NUTCRACKER AND CINDERELLA. THE FORMER RETURNING TO CRITICAL ACCLAIM AND INCREASED NUMBER OF PERFORMANCES FEATURING OVER 100 PERFORMERS AFTER ITS PREMIERE IN 2021, AND THE LATTER PRESENTING THE FIRST MAINSTAGE, FULL LENGTH PRODUCTION SINCE 2019. THE COMPLETELY REIMAGINED FAIRYTALE WITH THRILLING NEW CHOREOGRAPHY AND STAGING BY ARTISTIC CURATOR YURY YANOWSKY BROUGHT THE COMPANY BACK TO THE VETS FOR A TRIUMPHANT END TO THE FIRST SEASON AS BALLET RI. THE COMPANY WAS COMPRISED OF 17 COMPANY DANCERS, 14 APPRENTICES, 12 TRAINEES, AND FOUR ARTISTIC STAFF WHO COLLABORATIVELY REHEARSE AND PERFORM SEPTEMBER THROUGH MAY. BALLET RI CONTINUED TO EXPAND IN SCOPE AND REACH, CONNECTING WITH GREATER AUDIENCES THROUGHOUT THE STATE OF RHODE ISLAND AND BEYOND.
DURING THE 2023-2024 ACADEMIC YEAR, THE BALLET RI SCHOOL CONTINUED TO GROW AND EXPAND ITS OPERATIONS, OFFERING A WIDER VARIETY OF CLASSES AND EXPERIENCES. THE SCHOOL CONTINUED ITS WORK THROUGH THE...
DURING THE 2023-2024 ACADEMIC YEAR, THE BALLET RI SCHOOL CONTINUED TO GROW AND EXPAND ITS OPERATIONS, OFFERING A WIDER VARIETY OF CLASSES AND EXPERIENCES. THE SCHOOL CONTINUED ITS WORK THROUGH THE ALL COURSE NETWORK AS AN ACCREDITED SCHOOL OF THE RI DEPT OF EDUCATION, ALLOWING FOR DANCE STUDENTS TO RECEIVE SUBSIDIZED TUITION SUPPORT. THE SCHOOL EXPANDED ITS ADVANCED TRAINING PROGRAM AND ADDED RESUME BUILDING AND MENTORSHIP CONNECTIONS FOR STUDENTS WISHING TO EXPLORE A CAREER IN DANCE. STUDENTS OF THE SCHOOL HAD THE OPPORTUNITY TO PARTICIPATE IN COMPETITION ENSEMBLE, NEXTGEN CHOREOGRAPHIC WORKSHOP, AND THE CULMINATION YEAR-END PERFORMANCE. THE SCHOOL'S NEW TRANSFORMATIONAL PROVIDANCE PROGRAM, WHICH COMMENCED IN OCTOBER 2021, BEGAN IT'S THIRD YEAR OF PROGRAMMING AND EXPANDED TO MULTIPLE SCHOOLS IN RI. THE PROGRAM WAS A GREAT SUCCESS, OFFERING OUT-OF-SCHOOL TIME LEARNING ACROSS FOUR PUBLIC SCHOOLS IN PROVIDENCE AND PAWTUCKET, WITH ADDITIONAL WEEKLY CLASSES HELD AT BALLET RI STUDIOS. THESE ADVANCING STUDENTS WERE PROVIDED WITH TRANSPORTATION, TUITION SUPPORT, AND SUPPLIES AND MATERIALS NECESSARY TO CONTINUE THEIR DANCE EDUCATION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,240,584 | $2,175,508 | +0.0% |
| Expenses | $2,626,914 | $2,219,519 | +0.2% |
| Net Income | $-386,330 | $-44,011 | +7.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LAURINE RYAN-PERRY | CO-CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BIANCA BATOR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JANET GOFF | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEPHEN HOURAHAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BETSY KEADY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| COUNCILMAN JOHN GONCALVES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DON WINEBERG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PHILLIP KYDD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE NAUMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD SALTZMAN | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARIA MONTANARO | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| DANA ALEXANDER NOLFE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEFAN PETRELLA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RANDY ROSENBAUM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| EVA ROUNDS | CO-CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANA CORONEL | VICE CHAIR | 2.00 |
Officer
|
$0 | $0 | $0 |
| KATHLEEN BREEN COMBES | EXECUTIVE DIR/NONVOTING DI | 40.00 |
Officer
|
$104,504 | $12,206 | $116,710 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,240,584 | $2,626,914 | $1,393,521 | $-386,330 |
| 2023 | $2,175,508 | $2,219,519 | $1,637,986 | $-44,011 |
| 2022 | $2,223,140 | $1,934,658 | $1,714,655 | $288,482 |
| 2021 | $2,279,946 | $1,287,318 | $1,446,806 | $992,628 |
| 2020 | $1,480,907 | $1,450,166 | $654,532 | $30,741 |
| 2019 | $1,673,077 | $1,794,453 | $467,700 | $-121,376 |
| 2018 | $1,573,121 | $1,645,674 | $520,508 | $-72,553 |
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