Ballet Theatre of Maryland Inc (EIN 521151372) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Phone

4102245644

Tax Period

2024-07-01 to 2025-06-30

Ballet Theatre of Maryland Inc, founded in 1978, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 11% surplus.

Mission

TO PROMOTE THE INTEREST IN AND ENJOYMENT OF DANCE ARTS BY PROVIDING DANCERS AN OPPORTUNITY TO STUDY AND PERFORM; BY PROVIDING CHOREOGRAPHERS AN OUTLET FOR CREATIVE EXPRESSION AND TRAINING; BY PROVIDING QUALITY ENTERTAINMENT AND EDUCATION IN THE FIELD OF DANCE.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $494,059

Program Service Revenue $864,222

Investment Income $6,371

Other Revenue $22,394

TOTAL REVENUE $1,387,046

Expense Breakdown

Grants Paid $0

Salaries & Benefits $656,759

Fundraising Expenses $23,663

Program Expenses $1,022,954

Other Expenses $574,359

TOTAL EXPENSES $1,231,118

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,387,046	$1,047,129	+0.3%
Expenses	$1,231,118	$1,124,958	+0.1%
Net Income	$155,928	$-77,829	-3.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nicole Kelsh	ARTISTIC DIRECTOR	40.00		$69,525	$0	$69,525
Nicole Mulea	Advisor	2.00	Director	$0	$0	$0
Carl Seitz	Vice President	2.00	Director	$0	$0	$0
Nate Halverson	Secretary	2.00	Director	$0	$0	$0
Michelle Rosela	Trustee	2.00	Director	$0	$0	$0
Patrick Lee	Treasurer	2.00	Director	$0	$0	$0
Edward Atsinger	President	2.00	Officer 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	$1,387,046	$1,231,118	$620,568	$155,928
2024	$1,047,129	$1,124,958	$413,852	$-77,829
2023	$1,056,739	$1,051,688	$551,501	$5,051
2022	$1,071,898	$932,168	$381,831	$139,730
2021	$834,926	$734,232	$316,378	$100,694
2020	$745,955	$762,799	$359,971	$-16,844
2019	$867,932	$871,047	$261,133	$-3,115
2018	$872,900	$922,578	$258,596	$-49,678

Ballet Theatre of Maryland Inc