Ballet Palm Beach Inc (EIN 820569013) - Form 990 Financial Analysis & Trantor Score

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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

2002

Legal Domicile

Phone

5616308235

Tax Period

2024-07-01 to 2025-06-30

Ballet Palm Beach Inc, founded in 2002, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 7% surplus.

Mission

An organization committed to preserving the art of classical ballet, enriching the commmunity through the beauty of ballet, and impacting young lives through the discipline of dance.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $537,051

Program Service Revenue $822,698

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,359,749

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $8,277

Program Expenses $1,079,974

Other Expenses $1,260,134

TOTAL EXPENSES $1,260,134

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,359,749	$1,006,748	+0.4%
Expenses	$1,260,134	$1,058,228	+0.2%
Net Income	$99,615	$-51,480	-2.9%

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

Governance

Voting Members

Independent Members

Employees

N/A

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
Don Kiselewski	Director	0.50	Director	$0	$0	$0
Karl Ruppert	Director	0.50	Director	$0	$0	$0
Woodward Middleton	Director	0.50	Director	$0	$0	$0
Erin McGould	Director	0.50	Director	$0	$0	$0
Lora Drasner	Director	0.50	Director	$0	$0	$0
Anka Palitz	N/A	0.50	Director	$0	$0	$0
Colleen M Smith	Artistic Director	40.00	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
2025	$1,359,749	$1,260,134	$105,035	$99,615
2024	$1,006,748	$1,058,228	$13,251	$-51,480
2023	$1,009,464	$1,061,418	$60,193	$-51,954
2022	$587,660	$642,465	$127,117	$-54,805
2021	$129,603	$101,427	$193,349	$28,176
2020	$543,730	$461,077	$94,531	$82,653
2019	$594,436	$500,296	$53,557	$94,140

Ballet Palm Beach Inc