MEMPHIS, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW BALLET ENSEMBLE INC, founded in 2001, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 27% operating deficit.
THE GOALS OF NEW BALLET ENSEMBLE, INC. ARE TO TRAIN COMMUNITY STUDENTS REGARDLESS OF FAMILY INCOME TO A PROFESSIONAL OR PRE-PROFESSIONAL LEVEL OF DANCE IN ORDER TO PRODUCE DANCERS FROM RACIALLY AND SOCIO-ECONOMICALLY DIVERSE BACKGROUNDS IN THE MEMPHIS AREA; TO PERFORM IN PUBLIC SCHOOLS AND FOR NON-PROFIT ORGANIZATIONS THAT SERVE YOUTH; TO PROVIDE STUDIO SPACE AT MINIMAL COST TO OTHER NON-PROFIT ORGANIZATIONS; AND TO PROVIDE CLASSES OUTSIDE OF THE CORE PROFESSIONAL TRACT TO CHILDREN WHO CAN BENEFIT FROM DANCE INSTRUCTION BUT MAY NOT PURSUE CAREERS IN DANCE. UTILIZING CROSS-CULTURAL CONNECTIONS AND EXCELLENCE IN DANCE TRAINING, NEW BALLET PROPELS COMMUNITY CHANGE AND TRANSFORMS LIVES THROUGH ARTS EDUCATION.
DANCE EDUCATION (BALLET SCHOOL) - NEW BALLET ENSEMBLE & SCHOOL (NBES) TRAINS YOUNG DANCERS IN A QUALITY CLASSICAL BALLET CURRICULUM WITH A SOLID AND VARIED REPERTOIRE, SPEAKING TO DIVERSE...
DANCE EDUCATION (BALLET SCHOOL) - NEW BALLET ENSEMBLE & SCHOOL (NBES) TRAINS YOUNG DANCERS IN A QUALITY CLASSICAL BALLET CURRICULUM WITH A SOLID AND VARIED REPERTOIRE, SPEAKING TO DIVERSE COMMUNITIES. USING CONSERVATORY TRAINING AS A MODEL, NBES INSTILLS KNOWLEDGE OF WEST AFRICAN DANCE, MODERN DANCE, HIP-HOP, AND FLAMENCO WITH BALLET SO THAT THE STUDENTS HAVE ACCESS TO TRAINING PRESENT IN BFA PROGRAMS. THE CURRENT ENROLLMENT IN THE SCHOOL'S STUDIO PROGRAM IS 171 STUDENTS. APPROXIMATELY 40% OF ENROLLED STUDENTS ATTEND ON SOME FORM OF SCHOLARSHIP. NBE HAS AWARDED OVER $500,000 IN SCHOLARSHIPS OVER THE PAST DECADE, ENSURING EQUAL ACCESS TO A PROFESSIONAL STANDARD OF TRAINING. IN ADDITION TO FORMAL DANCE TRAINING, NBE PROVIDES MENTORING SERVICES, TUTORING, AND COLLEGE PREP SERVICES TO ENROLLED STUDENTS TO AID THEIR SCHOLASTIC PURSUITS. EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS - THE NBES PATHWAYS PROGRAM SERVES TEN PUBLIC SCHOOLS ACROSS SHELBY.
SCHOOL PERFORMANCES - THESE ENGAGING PERFORMANCES INCLUDE A VARIETY OF CURRICULUM-BASED STORYTELLING WITH LESSON PLANS ATTACHED TO ADDRESS ARTS, SOCIAL STUDIES, LANGUAGE, AND CREATIVE WRITING...
SCHOOL PERFORMANCES - THESE ENGAGING PERFORMANCES INCLUDE A VARIETY OF CURRICULUM-BASED STORYTELLING WITH LESSON PLANS ATTACHED TO ADDRESS ARTS, SOCIAL STUDIES, LANGUAGE, AND CREATIVE WRITING OBJECTIVES. THROUGH THESE SCHOOL PERFORMANCES, NBE IMPACTS CHILDREN LIVING IN HISTORICALLY MARGINALIZED COMMUNITIES THROUGH PRE-PERFORMANCE CURRICULA, LIVE PERFORMANCES, AND POST-PERFORMANCE EXPERIENTIAL WORKSHOPS. IN ADDITION, NBE STUDENTS AND ENSEMBLE ARTISTS PERFORM IN PARTNERSHIP WITH COMMUNITY-BASED NON-PROFIT ORGANIZATIONS AND COMMUNITY CENTERS AND LIBRARIES, HELPING TO FOSTER A PASSION FOR THE ARTS IN A MULTICULTURAL ENVIRONMENT.MAINSTAGE PERFORMANCES - NBES ANNUALLY PRESENTS SEVERAL PUBLIC MAINSTAGE PERFORMANCES. THESE PERFORMANCES COLLECTIVELY REACH OVER 4,500 AUDIENCE MEMBERS WITH NEW STORIES TO REPLACE THE OLD AND NEW STYLES TO BRING DANCE TO DIVERSE AUDIENCES, SPACES, AND COMMUNITIES. NY TIMES DANCE CRITIC ALASTAIR MACULAY'S REVIEW OF NBE'S "NUTREMIX" PERFORMANCE STATED, "MOST OF THE PERFORMERS ARE CHILDREN, AND THIS PERFORMANCE SEEMED TO BIND ALL INTO A WORLD WHERE BALLET AND HIP-HOP EXIST ON EQUAL TERMS WITH OTHER DANCE FORMS." THESE PERFORMANCES REINFORCE THE IDEA THAT ALL CULTURES CAN BLEND AND BORROW WHILE REMAINING TRUE TO THEIR ORIGINS.
EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS - THE NBES PATHWAYS PROGRAM SERVES TEN PUBLIC SCHOOLS ACROSS SHELBY COUNTY WITH FREE DANCE TRAINING FOR ALL STUDENTS AFTER SCHOOL AND DURING THE DAY AS AN...
EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS - THE NBES PATHWAYS PROGRAM SERVES TEN PUBLIC SCHOOLS ACROSS SHELBY COUNTY WITH FREE DANCE TRAINING FOR ALL STUDENTS AFTER SCHOOL AND DURING THE DAY AS AN ELECTIVE. NBE'S TEACHING ARTISTS LEAD PATHWAYS UNDER THE DIRECTION OF THE DIRECTOR OF ARTS EDUCATION, PREPARING STUDENTS FOR ENROLLMENT IN NBE'S CORE PROGRAM WHEN DESIRED BY THE STUDENT AND FAMILY AND WORKING TO BUILD EMOTIONAL RESILIENCE AND MOVEMENT SKILLS IN ALL CHILDREN, REGARDLESS OF THEIR DESIRE TO PURSUE PROFESSIONAL DANCE. THE NUMBER OF STUDENTS SERVED IN THE PATHWAYS PROGRAM IS 281.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,507,388 | $1,905,876 | -0.2% |
| Expenses | $1,911,135 | $1,799,182 | +0.1% |
| Net Income | $-403,747 | $106,694 | -4.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DEBORAH NORTHCROSS | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARVIN DAVIS | VICE CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATIE FUTRELL | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MALIK SMITH | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CALANDRA CLEVELAND | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROB DELPRIORE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AMBER FLOYD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL GOULD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHASITY SHARP GRICE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRENT HOOKS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN INGRAM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DUSTIN JAMES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NATHALIE OCCEAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHAWN PAGE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| YOLANDA PARKERSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KATIE SMYTHE THINNES | FOUNDER, CHIEF STRATEGY OFFICER | 40.00 |
Officer
|
$90,076 | $9,335 | $99,411 |
| MATTHEW BEST | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$78,995 | $13,883 | $92,878 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,507,388 | $1,911,135 | $2,122,695 | $-403,747 |
| 2024 | $1,905,876 | $1,799,182 | $2,531,647 | $106,694 |
| 2023 | $1,542,736 | $1,641,135 | $2,699,964 | $-98,399 |
| 2022 | $1,613,011 | $1,579,738 | $2,810,421 | $33,273 |
| 2021 | $1,905,028 | $1,271,509 | $2,818,092 | $633,519 |
| 2020 | $1,699,459 | $1,601,119 | $2,123,124 | $98,340 |
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