BALLET SCHOOL OF NEW YORK INC (EIN 133235682) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

DIANA BYER

Phone

2126790401

Tax Period

2023-01-01 to 2023-12-31

BALLET SCHOOL OF NEW YORK INC, founded in 1984, is a small nonprofit that reported $290K in total revenue in fiscal year 2023. Expenses of $335K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO PROMOTE THE ART OF BALLET DANCING

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $33,877

Program Service Revenue $255,443

Investment Income $0

Other Revenue $275

TOTAL REVENUE $289,595

Expense Breakdown

Grants Paid $0

Salaries & Benefits $167,099

Fundraising Expenses $0

Program Expenses $334,535

Other Expenses $167,436

TOTAL EXPENSES $334,535

Year-over-Year Comparison

	2023	2022	Change
Revenue	$289,595	$302,885	0.0%
Expenses	$334,535	$322,355	+0.0%
Net Income	$-44,940	$-19,470	+1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$75,646

Total Directors

$75,646

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANA BYER	PRESIDENT	40.00	Officer Director	$73,846	$0	$75,646
SUSAN LIN	BOARD MEMBER	10.00	Director	$0	$0	$0
LARA RUDD	BOARD MEMBER	5.00	Director	$0	$0	$0
KARINA KHALYAVIN	BOARD MEMBER	5.00	Director	$0	$0	$0
ASTRID MARZOVILLA	BOARD MEMBER	5.00	Director	$0	$0	$0
ELENA HANSON	BOARD MEMBER	5.00	Director	$0	$0	$0
JESSICA ANUB	BOARD MEMBER	5.00	Director	$0	$0	$0
TRACY ENTERS	BOARD MEMBER	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$289,595	$334,535	$54,208	$-44,940
2022	$302,885	$322,355	$91,543	$-19,470
2021	$308,969	$294,026	$141,627	$14,943
2020	$264,663	$245,457	$164,172	$19,206
2019	$267,844	$271,256	$113,241	$-3,412
2018	$253,706	$256,220	$124,337	$-2,514

BALLET SCHOOL OF NEW YORK INC