THE NORTHWEST ARKANSAS BALLET

EIN: 460742535 501(c)(3) Arts, Culture & Humanities

SPRINGDALE, AR

Total Revenue
$91,820
Total Expenses
$73,130
Total Assets
$54,497
Net Assets
$35,835
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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
2012
Legal Domicile
AR
Principal Officer
DAVID BORDOVSKY
Phone
4792637000
Tax Period
2024-07-01 to 2025-06-30

THE NORTHWEST ARKANSAS BALLET, founded in 2012, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $92K in total revenue in fiscal year 2024. Revenue surged 73% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19K, a strong 20% operating margin.

Mission

PRODUCTION OF BOTH CLASSICAL AND CONTEMPORARY BALLETS AND PROMOTION OF THE DANCE IN PART THROUGH VARIOUS OUTREACH INCLUDING SCHOOLS, LIBRARIES, AND MUSEUMS AND OTHER VENUES. RECENT PRODUCTION INCLUDE RADIANT, J STREET CREATIONS, AND GUEST ARTISTS IN THE NUTCRACKER.

Program Service Accomplishments

Program 1
Expenses: $52,171

INSPIRE A LASING LOVE AND APPRECIATION FOR THE ART OF CLASSICAL AND CONTEMPORARY BALLET THROUGHOUT THE NORTHWEST ARKANSAS REGION BY COMBINING ARTISTIC EXCELLENCE IN DANCE WITH INNOVATION CHOREOGRAPHY...

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INSPIRE A LASING LOVE AND APPRECIATION FOR THE ART OF CLASSICAL AND CONTEMPORARY BALLET THROUGHOUT THE NORTHWEST ARKANSAS REGION BY COMBINING ARTISTIC EXCELLENCE IN DANCE WITH INNOVATION CHOREOGRAPHY AND DISTINCTIVE CONSUMING INTO EXHILARATING PERFORMANCES ACCENTING AND RESPECTING THE DIGNITY AND GRACE OF THE INDIVIDUAL DANCERS.

Program 2
Expenses: $3,956

PROMOTION AND ENCOURAGEMENT OF INTEREST IN THE PERFORMING ARTS AND BALLET SPECIFICLLY HAVING APPLEAL TO CHILDREN AND RAISE THEIR INTEREST IN CASSICAL LITERATURE IN THE NORTHWEST ARKANSAS AND THE...

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PROMOTION AND ENCOURAGEMENT OF INTEREST IN THE PERFORMING ARTS AND BALLET SPECIFICLLY HAVING APPLEAL TO CHILDREN AND RAISE THEIR INTEREST IN CASSICAL LITERATURE IN THE NORTHWEST ARKANSAS AND THE SURROUNDING COMMUNITIES.

Program 3

BALLET EVENTS: PROMOTION AND ENCOURAGEMENT OF INTEREST IN THE PERFORMING ARTS AND BALLET BY HOLDING VARIOUS PERFORMANCES THAT APPEAL TO THE GENRAL PUBLIC AND ADVOCATE AND ENCOURAGE PARTICIPATION IN...

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BALLET EVENTS: PROMOTION AND ENCOURAGEMENT OF INTEREST IN THE PERFORMING ARTS AND BALLET BY HOLDING VARIOUS PERFORMANCES THAT APPEAL TO THE GENRAL PUBLIC AND ADVOCATE AND ENCOURAGE PARTICIPATION IN ARTS IN THE NORTHWEST ARKANSAS AND THE SURROUNDING COMMUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $40,549
Program Service Revenue $51,196
Investment Income $75
Other Revenue $0
TOTAL REVENUE $91,820

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,658
Fundraising Expenses $4,807
Program Expenses $60,160
Other Expenses $52,472
TOTAL EXPENSES $73,130

Year-over-Year Comparison

2024 2023 Change
Revenue $91,820 $53,201 +0.7%
Expenses $73,130 $72,002 +0.0%
Net Income $18,690 $-18,801 -2.0%
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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Governance

Voting Members
7
Independent Members
7
Employees
2
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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGUERITE BORDOVSKY BOARD CHAIRM N/A
Officer Director
$0 $0 $0
DAVID BORDOVSKY CFO/TREASURE N/A
Officer Director
$0 $0 $0
TOR FAULK DIRECTOR N/A
Director
$0 $0 $0
JENNIFER DAVIS SECRETARY N/A
Officer Director
$0 $0 $0
TODD WEST PRESIDENT N/A
Director
$0 $0 $0
VALORIE KONDOS DIRECTOR N/A
Director
$0 $0 $0
LAUREN BLASS DIRECTOR N/A
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
2025 $91,820 $73,130 $54,497 $18,690
2024 $53,201 $72,002 $39,276 $-18,801
2023 $137,504 $120,096 $58,401 $17,408
2022 $90,069 $78,582 $33,352 $11,487
2021 $155,156 $353,939 $13,981 $-198,783
2020 $543,077 $420,626 $201,497 $122,451
2019 $157,941 $127,368 $35,739 $30,573
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