MIAMI CITY BALLET INC

🔒

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

1985

Legal Domicile

Principal Officer

GONZALO GARCIA

Phone

3059297000

Tax Period

2024-05-01 to 2025-04-30

MIAMI CITY BALLET INC, founded in 1985, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $27.0M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $23.2M left a modest 14% surplus.

Mission

MIAMI CITY BALLET'S MISSION IS TO PRODUCE AND PRESENT THE HIGHEST LEVEL OF DANCE PERFORMANCES THROUGHOUT FLORIDA, THE UNITED STATES AND ABROAD; TRAIN YOUNG ASPIRING DANCERS; AND DEVELOP MIAMI CITY BALLET SCHOOL INTO A LEADER OF DANCE EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $16,852,230 Revenue: $6,108,715

PRESENTATION OF BALLET AND COMMUNITY EDUCATIONAL PROGRAMS TO THE PUBLIC. APPROXIMATELY 72,300 PEOPLE BENEFITED.

Program 2

Expenses: $2,361,006 Revenue: $2,347,818

PROMOTION OF BALLET THROUGH THE OPERATION OF A BALLET SCHOOL FOR CHILDREN. APPROXIMATELY 17,400 PEOPLE BENEFITED BY PARTICIPATION IN DANCE EDUCATION THROUGH THE SCHOOL-YEAR TRAINING, SUMMER INTENSIVE...

🔒

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 $18,274,064

Program Service Revenue $8,485,370

Investment Income $203,154

Other Revenue $5,417

TOTAL REVENUE $26,968,005

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,104,396

Fundraising Expenses $1,765,157

Program Expenses $19,213,236

Other Expenses $10,097,499

TOTAL EXPENSES $23,201,895

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,968,005	$24,227,517	+0.1%
Expenses	$23,201,895	$24,666,807	-0.1%
Net Income	$3,766,110	$-439,290	-9.6%

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

Governance

Voting Members

Independent Members

Employees

400

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

$1,405,105

Total Directors

$1,232,293

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOURDES LOPEZ	ARTISTIC DIR	60.00	Officer Director	$769,473	$81,566	$851,039
JUAN JOSE ESCALANTE	EXECUTIVE DI	60.00	Officer Director	$367,502	$13,752	$381,254
JEFF DAVIS	CHAIR	8.00	Officer Director	$0	$0	$0
CHARLES ADELMAN	DIRECTOR	6.00	Director	$0	$0	$0
JILL E BRAUFMAN	DIRECTOR	2.00	Director	$0	$0	$0
VERONICA DE ZAYAS ESQ	DIRECTOR	4.00	Director	$0	$0	$0
ALEX DILEONARDO	DIRECTOR	3.00	Director	$0	$0	$0
ROBERT FRIEZO	DIRECTOR	2.00	Director	$0	$0	$0
DAN GELBER	DIRECTOR	2.00	Director	$0	$0	$0
KATHY GUTTMAN	DIRECTOR	2.00	Director	$0	$0	$0
DR BRUCE HALPRYN	DIRECTOR	6.00	Director	$0	$0	$0
MARIA HERNANDEZ	DIRECTOR	2.00	Director	$0	$0	$0
KRISTI JERNIGAN	DIRECTOR	2.00	Director	$0	$0	$0
MAMIE JOEVEER	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN KRONICK	DIRECTOR	4.00	Director	$0	$0	$0
ALLEN LONDON	DIRECTOR	2.00	Director	$0	$0	$0
MANNY MARQUEZ	DIRECTOR	2.00	Director	$0	$0	$0
ELEANOR PAO	DIRECTOR	2.00	Director	$0	$0	$0
SAUL SANDERS	DIRECTOR	6.00	Director	$0	$0	$0
MICHAEL SCHULTZ	DIRECTOR	2.00	Director	$0	$0	$0
RANDY WATERFIELD	DIRECTOR	4.00	Director	$0	$0	$0
SARA MINSKOFF ALLAN	TRUSTEE	2.00	Director	$0	$0	$0
TOBY LERNER ANSIN	TRUSTEE	2.00	Director	$0	$0	$0
ROBERT CHASKES	TRUSTEE	1.00	Director	$0	$0	$0
LESTER CONEY	TRUSTEE	2.00	Director	$0	$0	$0
PHILLIP DEBOER	TRUSTEE	3.00	Director	$0	$0	$0
JIM FREEZE	TRUSTEE	1.00	Director	$0	$0	$0
SHEILA O'MALLEY FUCHS	TRUSTEE	2.00	Director	$0	$0	$0
DINI ALBERT GOLDEN	TRUSTEE	2.00	Director	$0	$0	$0
JANINE GORDON	TRUSTEE	2.00	Director	$0	$0	$0
PEARL JOHNSON	TRUSTEE	2.00	Director	$0	$0	$0
LESLIE KAVANAUGH	TRUSTEE	2.00	Director	$0	$0	$0
ELISSA KRAMER	TRUSTEE	2.00	Director	$0	$0	$0
LISA MASSIRMAN	TRUSTEE	3.00	Director	$0	$0	$0
SARA MINSKOFF SOLOMON	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA SULIVAN	TRUSTEE	2.00	Director	$0	$0	$0
ZIBBY TOZER	TRUSTEE	2.00	Director	$0	$0	$0
JOHN VOGELSTEIN	TRUSTEE	2.00	Director	$0	$0	$0
SUZY WAHBA	TRUSTEE	2.00	Director	$0	$0	$0
GAIL WASSERMAN	TRUSTEE	2.00	Director	$0	$0	$0
CHARMAINE WATERFIELD	TRUSTEE	4.00	Director	$0	$0	$0
DIANA SC ZEYDEL	TRUSTEE	1.00	Director	$0	$0	$0
FEHMI ZEKO	TRUSTEE	1.00	Director	$0	$0	$0
AINSWORTH GEDDES	CFO	55.00	Officer	$162,945	$9,867	$172,812
CHANTELL GHOSH	CHIEF MKTG O	55.00	Highest	$241,233	$13,647	$254,880
DENA LISTON	SR.DIR.OFDEV	55.00	Highest	$204,178	$6,167	$210,345
ORENE TROSS-HARRIS	SR.DIR.MAJOR	55.00	Highest	$139,264	$10,667	$149,931
MICHELE SCANLAN	DIRFDN&GOVTR	55.00	Highest	$132,480	$9,036	$141,516
LINA AGUIRRE	SR. DIR. HR	55.00	Highest	$128,178	$8,970	$137,148

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	$26,968,005	$23,201,895	$70,390,095	$3,766,110
2024	$24,227,517	$24,666,807	$67,175,394	$-439,290
2023	$23,913,292	$23,315,942	$69,380,283	$597,350
2022	$19,857,804	$20,576,683	$20,106,864	$-718,879
2021	$16,998,813	$13,245,864	$21,405,657	$3,752,949
2020	$24,223,522	$20,243,509	$18,452,705	$3,980,013
2019	$22,675,842	$20,534,933	$13,755,581	$2,140,909
2018	$18,003,663	$18,375,553	$10,447,742	$-371,890