Winston Salem Festival Ballet (EIN 264256235) - 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

2008

Legal Domicile

Tax Period

2023-10-01 to 2024-09-30

Winston Salem Festival Ballet, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $471K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

To perform professional ballet and dance shows

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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 $60,411

Program Service Revenue $410,477

Investment Income $0

Other Revenue $0

TOTAL REVENUE $470,888

Expense Breakdown

Grants Paid $0

Salaries & Benefits $159,885

Fundraising Expenses $0

Program Expenses $134,526

Other Expenses $308,721

TOTAL EXPENSES $468,606

Year-over-Year Comparison

	2023	2022	Change
Revenue	$470,888	$508,826	-0.1%
Expenses	$468,606	$518,676	-0.1%
Net Income	$2,282	$-9,850	-1.2%

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

N/A

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

$22,320

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gary Taylor	Founder & Artistic Director	30.00	Director	$22,300	$0	$22,300
Rita Taylor	Executive Director	30.00	Director	$20	$0	$20
Sadie Fowle	Touring	5.00	Director	$0	$0	$0
Lynn Messick	Education Music & Outreach	5.00	Director	$0	$0	$0
Conner Smith	Technical	5.00	Director	$0	$0	$0
Mackenzie Calhoun	At Large	5.00	Director	$0	$0	$0
Dianne Markham	Education Music & Outreach	5.00	Director	$0	$0	$0
Dr Jennifer Grant	Touring	5.00	Director	$0	$0	$0
Gary Thompson	Marketing & Image	5.00	Director	$0	$0	$0
Scott Adams	Secretary Treasurer	5.00	Officer	$0	$0	$0
Leigha Smith	Vice President	5.00	Officer	$0	$0	$0
Tawanna Macfarlane	President	5.00	Officer	$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	$470,888	$468,606	$2,953	$2,282
2023	$508,826	$518,676	$1,236	$-9,850
2022	$506,907	$499,800	$3,004	$7,107
2021	$392,620	$411,037	No data	$-18,417
2020	$428,911	$480,680	$8,084	$-51,769
2019	$546,618	$537,270	$12,550	$9,348
2018	$505,408	$496,950	$7,375	$8,458

Winston Salem Festival Ballet