Ballet Next Inc

EIN: 453508749 501(c)(3)

Park City, UT

Total Revenue
$167,325
Total Expenses
$191,163
Total Assets
$151,432
Net Assets
$-26,005
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
UT
Phone
6463393139
Tax Period
2021-07-01 to 2022-06-30

Ballet Next Inc, founded in 2011, is a small nonprofit that reported $167K in total revenue in fiscal year 2021. Revenue surged 78% from the prior year, signaling strong growth momentum. Expenses of $191K exceeded revenue, resulting in a 14% operating deficit.

Mission

The teaching and performance of ballet to the general public

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $161,670
Program Service Revenue $5,655
Investment Income $0
Other Revenue $0
TOTAL REVENUE $167,325

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,107
Other Expenses $191,163
TOTAL EXPENSES $191,163

Year-over-Year Comparison

2021 2020 Change
Revenue $167,325 $93,936 +0.8%
Expenses $191,163 $54,034 +2.5%
Net Income $-23,838 $39,902 -1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
N/A
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michele Wiles Artistic Direct 0.00
Director
$0 $0 $0
John W James Jr Director 0.00
Director
$0 $0 $0
Kristen Pothier Director 0.00
Director
$0 $0 $0
Dordy Jourdain Director 0.00
Director
$0 $0 $0
James McCullough Chairman 0.00
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
2022 $167,325 $191,163 $151,432 $-23,838
2021 $93,936 $54,034 $42,104 $39,902
2020 $9,223 $9,930 $5 $-707
2019 No data No data No data No data
2018 $167,542 $148,161 $19,986 $19,381
Explore More Nonprofits
→Top 100 Nonprofits in Utah →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Ballet Next Inc with other nonprofits in Utah and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.