THE PORTLAND BALLET (EIN 931320715) - 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

Principal Officer

MELISSA PETERMAN

Phone

5034528448

Tax Period

2023-07-01 to 2024-06-30

THE PORTLAND BALLET, founded in 2002, is a small nonprofit in the Education sector that reported $803K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $985K exceeded revenue, resulting in a 23% operating deficit.

Mission

THE PORTLAND BALLET'S 3 PRIMARY PURPOSES (1) THE ESTABLISHMENT OF A SCHOLARSHIP FUND FOR CHILDREN WHO CAN'T AFFORD BALLET CLASS TUITION PAYMENTS (2) TO CREATE AND IMPLEMENT OUTREACH PROGRAMS FOR THE PUBLIC SCHOOLS TO GET THEM INVOLVED IN THE COMMUNITY OF DANCE AND (3) TO FUND DANCE PERFORMANCES OF YOUTH GROUPS TO ENCOURAGE YOUNG PEOPLE TO PERFORM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $197,325

Program Service Revenue $605,618

Investment Income $0

Other Revenue $0

TOTAL REVENUE $802,943

Expense Breakdown

Grants Paid $0

Salaries & Benefits $647,452

Fundraising Expenses $41,582

Program Expenses $875,347

Other Expenses $338,040

TOTAL EXPENSES $985,492

Year-over-Year Comparison

	2023	2022	Change
Revenue	$802,943	$739,651	+0.1%
Expenses	$985,492	$996,471	0.0%
Net Income	$-182,549	$-256,820	-0.3%

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

Volunteers

100

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

$12,000

Total Directors

$12,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM LANE	EXECUTIVE DI	1.00	Officer Director	$12,000	$0	$12,000
AMY BENTON	MEMBER	1.00	Director	$0	$0	$0
JACOB GARRETT	MEMBER	1.00	Director	$0	$0	$0
MICHAEL JAMOND	MEMBER	1.00	Director	$0	$0	$0
NADIA JAWORS	SECRETARY	1.00	Officer Director	$0	$0	$0
MELISSA PETERMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD STEIN	MEMBER	1.00	Director	$0	$0	$0
NOEL TENOSO	MEMBER	1.00	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	No data	No data	No data	No data
2024	$802,943	$985,492	$468,225	$-182,549
2023	$739,651	$996,471	$651,079	$-256,820
2021	$797,449	$609,230	$907,255	$188,219
2020	$765,725	$823,378	$728,568	$-57,653
2019	$873,792	$833,640	$534,946	$40,152

THE PORTLAND BALLET