BALLET INSTITUTE NEW YORK COMPANY AND SCHOOL CORP

EIN: 852432108 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$93,045
Total Expenses
$95,416
Total Assets
N/A
Net Assets
N/A
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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
2022
Legal Domicile
NY
Phone
9292890368
Tax Period
2022-01-01 to 2022-12-31

BALLET INSTITUTE NEW YORK COMPANY AND SCHOOL CORP, founded in 2022, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $93K in total revenue in fiscal year 2022.

Mission

WE SERVE NEW YORK AND THE SURROUNDING STATES BY PROVIDING FREE AND AFFORDABLE VIRTUAL AND IN PERSON DANCE AND RELATED ARTS PROGRAMMING SO THAT OUR COMMUNITY CAN EXPERIENCE THE BENEFITS OF DANCE EDUCATION AND PERFORMANCE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $93,045
Investment Income $0
Other Revenue $0
TOTAL REVENUE $93,045

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $95,416
Other Expenses $95,416
TOTAL EXPENSES $95,416

Year-over-Year Comparison

2022 2021 Change
Revenue $93,045 N/A N/A
Expenses $95,416 N/A N/A
Net Income $-2,371 N/A N/A
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

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
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
1
$24,961
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CYNTHIA DRAGONI PRESIDENT 40.00
Officer
$24,961 $0 $24,961
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
2022 $93,045 $95,416 No data $-2,371
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