NEWPORT CONTEMPORARY BALLET (EIN 222587551) - 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

1983

Legal Domicile

Phone

4018474470

Tax Period

2023-09-01 to 2024-08-31

NEWPORT CONTEMPORARY BALLET, founded in 1983, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $1.3M exceeded revenue, resulting in a 15% operating deficit.

Mission

ENGAGE BODIES, HEARTS AND MINDS THROUGH DYNAMIC AND THOUGHT-PROVOKING PERFORMANCE, TRANSFORMATIVE DANCE EDUCATION, AND DEEP COMMUNITY CONNECTION.

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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 $423,942

Program Service Revenue $483,801

Investment Income $9,045

Other Revenue $221,021

TOTAL REVENUE $1,137,809

Expense Breakdown

Grants Paid $0

Salaries & Benefits $692,471

Fundraising Expenses $111,662

Program Expenses $773,965

Other Expenses $614,283

TOTAL EXPENSES $1,306,754

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,137,809	$1,213,644	-0.1%
Expenses	$1,306,754	$1,755,982	-0.3%
Net Income	$-168,945	$-542,338	-0.7%

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

Total Directors

$107,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PARKER MARTHA	CHAIR	2.00	Officer Director	$0	$0	$0
DI NAPOLI BETHANY	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MCGREEVY PAUL	TREASURER	2.00	Officer Director	$0	$0	$0
VALERIE ROBERTSON	SECRETARY	2.00	Officer Director	$0	$0	$0
FLYNN ERIN	SECRETARY	2.00	Director	$0	$0	$0
CALLAGHAN JEFF	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUGHERTY HEBB ELIZABETH	BOARD MEMBER	1.00	Director	$0	$0	$0
LANE STEPHEN B	BOARD MEMBER	2.00	Director	$0	$0	$0
MCKENNA MARK	BOARD MEMBER	1.00	Director	$0	$0	$0
ANGELA MCCALLA	BOARD MEMBER	1.00	Director	$0	$0	$0
NEARY AIDA G	BOARD MEMBER	1.00	Director	$0	$0	$0
REKO TOM	BOARD MEMBER	1.00	Director	$0	$0	$0
STURDIVANT S KERSEY	BOARD MEMBER	1.00	Director	$0	$0	$0
COURTNEY FURTADO	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIELLE GENEST	ARTISTIC DIRECTOR	40.00	Director Highest	$62,100	$0	$62,100
BRAMANTE PETER	EXECUTIVE DIRECTOR	40.00	Director Highest	$45,500	$0	$45,500

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	$1,137,809	$1,306,754	$1,163,198	$-168,945
2023	$1,213,644	$1,755,982	$1,260,357	$-542,338
2022	$866,562	$1,074,568	$1,566,038	$-208,006
2021	$1,884,681	$1,318,454	$1,726,720	$566,227
2020	$1,125,439	$1,041,498	$1,071,597	$83,941
2020	$1,036,952	No data	$1,106,283	No data
2019	$1,395,964	$1,235,445	$877,936	$160,519
2018	$1,523,502	$1,143,890	$729,417	$379,612

NEWPORT CONTEMPORARY BALLET