Civic Intelligence

Connecticut Ballet School Inc

990 • Fiscal year 2018 • EIN 06-1388107

Jul 01, 2017 to Jun 30, 2018 • Filed on Sep 10, 2018

42 Halley CourtFairfield, CT 06825

(203) 384-2492

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

20th percentile

-15%

Higher net margin than 20% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

91st percentile

$47,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

15th percentile

-30%

Faster asset growth than 15% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

42nd percentile

-3.9%

Faster revenue growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$159,662

Down $67,482 (-30%) from 2017

Net Assets

Down

$156,241

Down $59,198 (-27%) from 2017

Liabilities

Down

$3,421

Down $8,284 (-71%) from 2017

Revenue

Down

$408,177

Down $16,543 (-3.9%) from 2017

Expenses

Down

$467,375

Down $2,564 (-0.5%) from 2017

Net Income

Down

-$59,198

Down $13,979 (-31%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2012: $219,573Liabilities 2012: $3,925Net Assets 2012: $215,6482012Assets 2013: $218,049Liabilities 2013: $5,644Net Assets 2013: $212,4052013Assets 2014: $246,748Liabilities 2014: $4,669Net Assets 2014: $242,0792014Assets 2015: $281,982Liabilities 2015: $3,584Net Assets 2015: $278,3982015Assets 2016: $264,047Liabilities 2016: $3,843Net Assets 2016: $260,2042016Assets 2017: $227,144Liabilities 2017: $11,705Net Assets 2017: $215,4392017Assets 2018: $159,662Liabilities 2018: $3,421Net Assets 2018: $156,2412018Assets 2019: $197,680Liabilities 2019: $3,261Net Assets 2019: $194,4192019Assets 2020: $195,412Liabilities 2020: $6,123Net Assets 2020: $189,2892020Assets 2021: $262,551Liabilities 2021: $6,123Net Assets 2021: $256,4282021Assets 2022: $249,065Liabilities 2022: $10,794Net Assets 2022: $238,2712022Assets 2023: $197,731Liabilities 2023: $21,069Net Assets 2023: $176,6622023Assets 2024: $254,541Liabilities 2024: $19,311Net Assets 2024: $235,2302024

Highlighted filing

2018

Assets$159,662
Liabilities$3,421
Net Assets$156,241

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2012: $432,872Expenses 2012: $423,691Net Income 2012: $9,1812012Revenue 2013: $425,486Expenses 2013: $428,733Net Income 2013: -$3,2472013Revenue 2014: $466,538Expenses 2014: $436,738Net Income 2014: $29,8002014Revenue 2015: $489,860Expenses 2015: $453,841Net Income 2015: $36,0192015Revenue 2016: $446,301Expenses 2016: $464,495Net Income 2016: -$18,1942016Revenue 2017: $424,720Expenses 2017: $469,939Net Income 2017: -$45,2192017Revenue 2018: $408,177Expenses 2018: $467,375Net Income 2018: -$59,1982018Revenue 2019: $452,277Expenses 2019: $413,612Net Income 2019: $38,6652019Revenue 2020: $385,403Expenses 2020: $390,535Net Income 2020: -$5,1322020Revenue 2021: $338,106Expenses 2021: $270,967Net Income 2021: $67,1392021Revenue 2022: $399,765Expenses 2022: $417,922Net Income 2022: -$18,1572022Revenue 2023: $434,788Expenses 2023: $496,397Net Income 2023: -$61,6092023Revenue 2024: $525,386Expenses 2024: $466,818Net Income 2024: $58,5682024

Highlighted filing

2018

Revenue$408,177
Expenses$467,375
Net Income-$59,198
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 10, 2018
Return Version
2017v2.2
Gross Receipts
$437,708
Mission and Program Overview

Mission

Teaching ballet and dance movement through workshops, videos, classroom instruction and stage productions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$215,439$156,241▼ $59,198
Land, Buildings, and Equipment, Net$102,420$98,113▼ $4,307
Investments Other Securities$76,974$53,938▼ $23,036
Inventories for Sale or Use$13,277$10,890▼ $2,387
Savings and Temporary Cash Investments$5,511$2▼ $5,509
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Cash and Non-Interest-Bearing Accounts$28,962$-3,282▼ $32,244
Total Assets$227,144$159,662▼ $67,482
Other Assets Total-$1-
Liabilities
Deferred Revenue$11,795$3,255▼ $8,540
Accounts Payable and Accrued Expenses$-90$166▲ $256
Total Liabilities$11,705$3,421▼ $8,284
Net Assets / Fund Balance
Total Net Assets Fund Balance$215,439$156,241▼ $59,198
Total Liabilities and Net Assets / Fund Balance$227,144$159,662▼ $67,482

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$98,082$65,952$164,034
Other Land Buildings-$8,347$8,347
Equipment$31$2,625$2,656
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Alan WoodardSchool DirectorFT$47,000$47,000
Moira WrightAsst DirectorFT$37,028$37,028

Board Members and Trustees

NameTitle
Elizabeth GaynorPresident eMERI
Dodie PettitVice President
Alayne BurgerBoard Member
Ann HarveyBoard Member
Barbara FleishmannBoard Member
Charlie GulottaBoard Member
John PoradaBoard Member
Meg HamiltonBoard Member
Michelle ReeveBoard Member
Molly CiardiBoard Member
Nancy ArsenaultBoard Member
Terrah MulliganSecretary
Elizabeth GlatzelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$22,185
Program Service Revenue
$374,898
Investment Income
$7,035
Other Revenue
$4,059
All Other Contributions
$22,185
Change in Net Assets
$-59,198
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$250,471
Salaries, Compensation, and Employee Benefits$216,904
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$183,472--$183,472
Other Salaries and Wages$79,913$34,616-$114,529
Current Officers, Directors, Trustees, and Key Employees$27,028$57,000-$84,028
Payroll Taxes$10,192$8,155-$18,347
All Other Expenses$8,439$1,639-$10,078
Insurance$8,200--$8,200
Travel$5,712--$5,712
Other Expenses$5,413--$5,413
Fees for Services Accounting-$4,935-$4,935
Advertising$4,458--$4,458
Depreciation Depletion$4,307--$4,307
Office Expenses-$684-$684
Total Functional Expenses$360,346$107,029$0$467,375
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Connecticut Ballet School Inc
EIN
06-1388107
Phone
2033842492
Address
42 HALLEY COURT, FAIRFIELD, CT 06825

Signing Officer

Name
Liz Glatzel
Title
Treasurer
Signed
2018-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Gaynor
Formed
1994
Legal Domicile
Ct
Voting Board Members
14
Independent Board Members
12
Employees
24
Volunteers
55

Preparer

Firm
Seperack & Company LLC
Address
7-9 Isaac Street, Norwalk, CT 06850
Preparer
Andrew J Seperack
Phone
2038559485
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The tax return is reviewed by the treasurer.

Pt VI, Line 15A

Salaries and wages are determined by the officers and discussed with the board of directors.

Pt VI, Line 19

The tax return is on file in the office and available upon request to anyone who wishes to see it.

Pt VIII

Part viii 990 line 8a. There is a silent auction to help raise funds from items donated or intangibles like an afternoon on the boat or use of a weekend house. But the event and expenses are related to doing the performance which demonstrates the skills acquired in the school.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0President eMERI
IRS990/Form990PartVIISectionAGrp/TitleTxt1ASST DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
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IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt08200
IRS990/InsuranceGrp/TotalAmt08200
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt013277
IRS990/InventoriesForSaleOrUseGrp/EOYAmt010890
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01806
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01806
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IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt098113
IRS990/LandBldgEquipCostOrOtherBssAmt0175037
IRS990/LegalDomicileStateCd0CT
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TEACHING BALLET AND DANCE MOVEMENT THROUGH WORKSHOPS, VIDEOS, CLASSROOM INSTRUCTION AND STAGE PRODUCTIONS.
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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0215439
IRS990/NetAssetsOrFundBalancesEOYAmt0156241
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt05229
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt05229
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-6124
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-6124
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-6124
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0183472
IRS990/OccupancyGrp/TotalAmt0183472
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0684
IRS990/OfficeExpensesGrp/TotalAmt0684
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt01
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc1COSTUMES & STUDIO EXPENSES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt09752
IRS990/OtherExpensesGrp/ProgramServicesAmt18043
IRS990/OtherExpensesGrp/ProgramServicesAmt25417
IRS990/OtherExpensesGrp/ProgramServicesAmt35413
IRS990/OtherExpensesGrp/TotalAmt09752
IRS990/OtherExpensesGrp/TotalAmt18043
IRS990/OtherExpensesGrp/TotalAmt25417
IRS990/OtherExpensesGrp/TotalAmt35413
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0RENTAL INCOME
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034616
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt079913
IRS990/OtherSalariesAndWagesGrp/TotalAmt0114529
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08155
IRS990/PayrollTaxesGrp/ProgramServicesAmt010192
IRS990/PayrollTaxesGrp/TotalAmt018347
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ELIZABETH GAYNOR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/Desc0JUNE CONCERT
IRS990/ProgramServiceRevenueGrp/Desc1PERFORMANCE BENEFIT
IRS990/ProgramServiceRevenueGrp/Desc2PERFORMANCE NUTCRACKER
IRS990/ProgramServiceRevenueGrp/Desc3TUITION INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09449
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16984
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt270546
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16984
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3287919
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt070546
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IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt019038
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt016433
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt027888
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt075
IRS990/PYInvestmentIncomeAmt02074
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0255762
IRS990/PYOtherRevenueAmt0-3686
IRS990/PYProgramServiceRevenueAmt0398444
IRS990/PYRevenuesLessExpensesAmt0-45219
IRS990/PYSalariesCompEmpBnftPaidAmt0214102
IRS990/PYTotalExpensesAmt0469939
IRS990/PYTotalRevenueAmt0424720
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-59198
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0287919
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0215439
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0156241
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05511
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt031
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02625
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02656
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt098082
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt065952
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0164034
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08347
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08347

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.55$0.19$2.35$5.25$4.67$0.59
2023Detailed filing. Detailed filing data is available for this year.$1.98$0.21$1.77$4.35$4.96$0.62
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.11$2.38$4.00$4.18$0.18
2021Detailed filing. Detailed filing data is available for this year.$2.63$0.06$2.56$3.38$2.71$0.67
2020Detailed filing. Detailed filing data is available for this year.$1.95$0.06$1.89$3.85$3.91$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.98$0.03$1.94$4.52$4.14$0.39
2018Detailed filing. Detailed filing data is available for this year.$1.60$0.03$1.56$4.08$4.67$0.59
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$0.12$2.15$4.25$4.70$0.45
2016Summary only. Only limited summary data is available for this year.$2.64$0.04$2.60$4.46$4.64$0.18
2015Summary only. Only limited summary data is available for this year.$2.82$0.04$2.78$4.90$4.54$0.36
2014Summary only. Only limited summary data is available for this year.$2.47$0.05$2.42$4.67$4.37$0.30
2013Summary only. Only limited summary data is available for this year.$2.18$0.06$2.12$4.25$4.29$0.03
2012Summary only. Only limited summary data is available for this year.$2.20$0.04$2.16$4.33$4.24$0.09
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits