THE POINTE ACADEMY OF BALLET AND CONTEMPORARY DANCE

EIN: 421493103 501(c)(3)

DES MOINES, IA

Total Revenue
$82,420
Total Expenses
$77,621
Total Assets
$38,105
Net Assets
$23,523
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
IA
Principal Officer
ALBERT ADAMS
Phone
5152790742
Tax Period
2023-01-01 to 2023-12-31

THE POINTE ACADEMY OF BALLET AND CONTEMPORARY DANCE, founded in 2000, is a micro nonprofit that reported $82K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $78K left a modest 6% surplus.

Mission

SERIOUS AND ENJOYABLE DANCE CLASSES TO ALL AGES WITHOUT THE INTERRUPTION AND EXPENSE OF A RECITAL OR DANCE COMPETITIONS. ADVANCED STUDENTS PERFORM FOR THE GENERAL PUBLIC BOTH AS AN OFFERING TO THE COMMUNITY AND AS PART OF THEIR TRAINING FOR A CAREER AS PROFESSIONAL BALLET DANCERS.

Program Service Accomplishments

Program 1
Expenses: $64,351 Revenue: $76,564

LEVEL APPROPRIATE DANCE, PRIMARILY CLASSICAL BALLET, AND EXERCISE CLASSES ARE TAUGHT FOR ALL AGES FROM CHILDREN AS YOUNG AS AGE 3 TO ADULTS AND SENIOR CITIZENS. MOST LEVELS INCLUDE MULTIPLE CLASSES...

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LEVEL APPROPRIATE DANCE, PRIMARILY CLASSICAL BALLET, AND EXERCISE CLASSES ARE TAUGHT FOR ALL AGES FROM CHILDREN AS YOUNG AS AGE 3 TO ADULTS AND SENIOR CITIZENS. MOST LEVELS INCLUDE MULTIPLE CLASSES EACH WEEK SO THAT DANCERS MAKING FULL USE OF THE CURRICULUM ARE ENCOURAGED TO SEE DANCE AS A LIFE-LONG PURSUIT AND HAVE THE DANCE TECHNIQUE AND BALLET VOCABULARY TO CONSIDER BALLET DANCING AS A CAREER.

Program 2
Expenses: $13,270 Revenue: $3,436

THE POINTE ACADEMY DANCE ENSEMBLE IS THE PERFORMING ARM OF THE TRAINING PROGRAM FOR THE MOST ADVANCED STUDENTS. THE ENSEMBLE CONSISTS OF UPPER LEVEL STUDENTS WHO HAVE COMMITTED TO SEVERAL WEEKLY...

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THE POINTE ACADEMY DANCE ENSEMBLE IS THE PERFORMING ARM OF THE TRAINING PROGRAM FOR THE MOST ADVANCED STUDENTS. THE ENSEMBLE CONSISTS OF UPPER LEVEL STUDENTS WHO HAVE COMMITTED TO SEVERAL WEEKLY TECHNIQUE CLASSES AND REHEARSALS. THESE OPPORTUNITIES TO PERFORM BOTH CLASSICAL MASTERWORKS AND ORIGINAL CHOREOGRAPHY ARE AN INTEGRAL PART OF THE POINTE ACADEMY'S TRAINING PROGRAM FOR THE CAREER-MINDED DANCE STUDENT. THEIR SHOWS ARE OPEN TO THE GENERAL PUBLIC.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,420
Program Service Revenue $80,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $82,420

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,223
Fundraising Expenses $0
Program Expenses $77,621
Other Expenses $70,398
TOTAL EXPENSES $77,621

Year-over-Year Comparison

2023 2022 Change
Revenue $82,420 $87,294 -0.1%
Expenses $77,621 $73,945 +0.0%
Net Income $4,799 $13,349 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
2

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALBERT ADAMS PRESIDENT 60.00
Officer Director
$0 $0 $0
ELIZABETH ADAMS VP/TREASURER 40.00
Officer Director
$0 $0 $0
KATHY MYERS SECRETARY 0.05
Officer Director
$0 $0 $0
KENNETH WIMMER BOARD MEMBER 0.25
Director
$0 $0 $0
ELLEN BOGUE BOARD MEMBER 0.50
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 $82,420 $77,621 $38,105 $4,799
2022 $87,294 $73,945 $42,198 $13,349
2021 $80,683 $80,700 $24,652 $-17
2020 $90,795 $82,818 $23,774 $7,977
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