AArts, Culture & HumanitiesEIN: 050377245· Ruling Year: 1978

Ballet Rhode Island

Providence, Rhode Island

BHealth Score
60B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.45×
Peer Median210.95×
💰
$2.2M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$995K
Net Assets
📋
$643K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.1%
Year-over-year change (2022 → 2023)
Net Margin
-2.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.45
Net assets divided by total expenses
Liabilities-to-Assets
39.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,175,5082%$2,219,51915%$1,637,9864%
2022$2,223,1402%$1,934,65850%$1,714,65519%
2021$2,279,94654%$1,287,31811%$1,446,806121%
2020$1,480,90711%$1,450,16619%$654,53240%
2019$1,673,0776%$1,794,4539%$467,70010%
2018$1,573,12115%$1,645,6745%$520,5087%
2017$1,852,28836%$1,733,39332%$560,9632%
2016$1,364,61713%$1,317,3395%$573,4002%
2015$1,568,0889%$1,388,6059%$585,2307%
2014$1,440,9376%$1,525,70711%$548,1207%
2013$1,361,6116%$1,375,1337%$590,0162%
2012$1,279,18225%$1,286,32720%$604,8375%
2011$1,712,784$1,616,055$633,739

Frequently Asked Questions

What does Ballet Rhode Island do?

Ballet Rhode Island is a arts, culture & humanities nonprofit organization based in Rhode Island. It is classified under NTEE code A63Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ballet Rhode Island financially healthy?

Based on our 9-metric Financial Health Score model, Ballet Rhode Island has a score of 60/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Ballet Rhode Island generate?

Ballet Rhode Island reports $2.2M in annual revenue and holds $1.4M in total assets, based on IRS filings.

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