Civic Intelligence

Manhattan Youth Ballet Inc.

990 • Fiscal year 2014 • EIN 20-4712167

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 20, 2015

248 West 60th Street10023

(212) 787-1178

Siviq Scores

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

Liabilities / Assets

99th percentile

4.63x

Higher debt load relative to assets than 99% of similar nonprofits.

2014 filings • NTEE A • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

0.43x

Higher debt load relative to revenue than 85% of similar nonprofits.

2014 filings • NTEE A • $500k-$1M nonprofits • Source year 2014

Net Margin

21st percentile

-11%

Higher net margin than 21% of similar nonprofits.

2014 filings • NTEE A • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

45th percentile

$0

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • NTEE A • $500k-$1M nonprofits • Source year 2014

Asset Growth

28th percentile

-4.0%

Faster asset growth than 28% of similar nonprofits.

2014 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

41st percentile

1.0%

Faster revenue growth than 41% of similar nonprofits.

2014 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$65,025

Down $2,702 (-4.0%) from 2013

Net Assets

Down

-$235,948

Down $76,073 (-48%) from 2013

Liabilities

Up

$300,973

Up $73,371 (+32%) from 2013

Revenue

Up

$695,398

Up $6,696 (+1.0%) from 2013

Expenses

Up

$771,471

Up $149,628 (+24%) from 2013

Net Income

Down

-$76,073

Down $142,932 (-214%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $82,000Liabilities 2011: $183,982Net Assets 2011: -$101,9822011Assets 2012: $41,868Liabilities 2012: $268,602Net Assets 2012: -$226,7342012Assets 2013: $67,727Liabilities 2013: $227,602Net Assets 2013: -$159,8752013Assets 2014: $65,025Liabilities 2014: $300,973Net Assets 2014: -$235,9482014Assets 2015: $64,398Liabilities 2015: $249,501Net Assets 2015: -$185,1032015Assets 2016: $66,627Liabilities 2016: $128,531Net Assets 2016: -$61,9042016Assets 2017: $63,641Liabilities 2017: $148,926Net Assets 2017: -$85,2852017Assets 2018: $36,717Liabilities 2018: $138,926Net Assets 2018: -$102,2092018Assets 2019: $683,295Liabilities 2019: $788,926Net Assets 2019: -$105,6312019Assets 2020: $694,159Liabilities 2020: $908,997Net Assets 2020: -$214,8382020Assets 2021: $1,087,987Liabilities 2021: $894,330Net Assets 2021: $193,6572021Assets 2022: $1,033,419Liabilities 2022: $793,591Net Assets 2022: $239,8282022Assets 2023: $553,670Liabilities 2023: $835,264Net Assets 2023: -$281,5942023Assets 2024: $499,538Liabilities 2024: $715,466Net Assets 2024: -$215,9282024

Highlighted filing

2014

Assets$65,025
Liabilities$300,973
Net Assets-$235,948

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $528,221Expenses 2011: $629,175Net Income 2011: -$100,9542011Revenue 2012: $385,736Expenses 2012: $510,488Net Income 2012: -$124,7522012Revenue 2013: $688,702Expenses 2013: $621,843Net Income 2013: $66,8592013Revenue 2014: $695,398Expenses 2014: $771,471Net Income 2014: -$76,0732014Revenue 2015: $875,833Expenses 2015: $824,988Net Income 2015: $50,8452015Revenue 2016: $1,056,902Expenses 2016: $933,703Net Income 2016: $123,1992016Revenue 2017: $775,993Expenses 2017: $799,374Net Income 2017: -$23,3812017Revenue 2018: $857,819Expenses 2018: $874,743Net Income 2018: -$16,9242018Revenue 2019: $910,725Expenses 2019: $914,146Net Income 2019: -$3,4212019Revenue 2020: $857,057Expenses 2020: $1,029,003Net Income 2020: -$171,9462020Revenue 2021: $1,295,151Expenses 2021: $887,081Net Income 2021: $408,0702021Revenue 2022: $958,892Expenses 2022: $912,721Net Income 2022: $46,1712022Revenue 2023: $1,054,188Expenses 2023: $1,575,611Net Income 2023: -$521,4232023Revenue 2024: $1,029,936Expenses 2024: $964,270Net Income 2024: $65,6662024

Highlighted filing

2014

Revenue$695,398
Expenses$771,471
Net Income-$76,073
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 20, 2015
Return Version
2013v4.0
Gross Receipts
$695,398
Mission and Program Overview

Mission

Manhattan youth ballet (myb) grants scholarships to assist selected individuals aspiring to learn classical ballet. Recipients will obtain training in character dancing, classical ballet and modern dance. In most cases, all or a portion of the grantee's tuition and fees will be creditied by manhattan youth ballet. Manhattan youth ballet granted $146,689 in dance tuition scholarships during the year ended 6/30/2013

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$149,500$249,500▲ $100,000
Cash and Non-Interest-Bearing Accounts$42,727$40,025▼ $2,702
Savings and Temporary Cash Investments-$0-
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 Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Rtn Earn Endowment Incm Other Fnds$-159,875$-235,948▼ $76,073
Total Assets$67,727$65,025▼ $2,702
Other Assets Total$25,000$25,000→ $0
Liabilities
Other Liabilities$78,102$51,473▼ $26,629
Total Liabilities$227,602$300,973▲ $73,371
Net Assets / Fund Balance
Total Net Assets Fund Balance$-159,875$-235,948▼ $76,073
Total Liabilities and Net Assets / Fund Balance$67,727$65,025▼ $2,702

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$74,817$74,817
Other Land Buildings-$2,736$2,736
Other Assets Org$25,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rose CaiolaPresident & CEO
Ann LayendeckerDirector
Deborah WingertDirector
Edward MermelsteinDirector
John LayendeckerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$695,398
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-76,073

Audited Revenue Reconciliation

Revenue per Audited Statements
$695,398
Total Revenue per Audited Statements
$695,398
Total Revenue per Form 990
$695,398
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$426,905
Salaries, Compensation, and Employee Benefits$344,566
Total Fundraising Expense$10,984
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$185,175$104,770-$289,945
Occupancy-$100,000-$100,000
Payroll Taxes$34,411$20,210-$54,621
All Other Expenses$33,422$13,827-$47,249
Insurance$10,808$10,808-$21,616
Other Expenses$13,488--$13,488
Advertising--$10,984$10,984
Fees for Services Accounting-$10,000-$10,000
Royalties-$2,550-$2,550
Office Expenses-$2,163-$2,163
Travel-$614-$614
Interest-$239-$239
Total Functional Expenses$495,306$265,181$10,984$771,471

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$771,471
Total Expenses per Audited Statements$771,471
Total Expenses per Form 990$771,471
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
Loans from Officers, Directors, Trustees, and Key Employees$149,500$249,500▲ $100,000
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Studio Maestro$51,473
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
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 2: Description of Business or Family Relationship of Officers, Directors, Et

John and ann layendecker - husband and wifeedward mermelstein and rose caiola - husband and wife

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

EIN
20-4712167
Phone
2127871178

Signing Officer

Name
Rose Caiola
Title
Director
Signed
2015-02-20
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
0
Employees
18

Preparer

Preparer
Stuart Mordfin
Phone
5168299088
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-235948
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt074817
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt074817
IRS990ScheduleD/ExpensesSubtotalAmt0771471
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt025000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ARTWORK-MURAL
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02736
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02736
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt051473
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO STUDIO MAESTRO
IRS990ScheduleD/RevenueSubtotalAmt0695398
IRS990ScheduleD/TotalBookValueOtherAssetsAmt025000
IRS990ScheduleD/TotalExpensesPerForm990Amt0771471
IRS990ScheduleD/TotalLiabilityAmt051473
IRS990ScheduleD/TotalRevenuePerForm990Amt0695398
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0695398
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0771471
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0MANHATTAN YOUTH BALLET PUBLISHED AN ADVERTISEMENT IN A PUBLIC NEWSPAPER IN NEW YORK STATING ITS NON-DISCRIMINATION POLICY
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt084500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt115000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt084500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt115000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ROSE CAIOLA ASSET PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1ROSE CAIOLA ASSET PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2ROSE CAIOLA ASSET PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/TotalBalanceDueAmt0149500
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOHN AND ANN LAYENDECKER - HUSBAND AND WIFEEDWARD MERMELSTEIN AND ROSE CAIOLA - HUSBAND AND WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt067727
IRS990/TotalAssetsEOYAmt065025
IRS990/TotalAssetsGrp/BOYAmt067727
IRS990/TotalAssetsGrp/EOYAmt065025
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010984
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0265181
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0495306
IRS990/TotalFunctionalExpensesGrp/TotalAmt0771471
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0227602
IRS990/TotalLiabilitiesEOYAmt0300973
IRS990/TotalLiabilitiesGrp/BOYAmt0227602
IRS990/TotalLiabilitiesGrp/EOYAmt0300973
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-159875
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-235948
IRS990/TotalProgramServiceExpensesAmt0495306
IRS990/TotalProgramServiceRevenueAmt0695398
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0695398
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0695398
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt067727
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt065025
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt0614
IRS990/TravelGrp/TotalAmt0614
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROSE CAIOLA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-20
ReturnHeader/Filer/BusinessName/BusinessNameLine10MANHATTAN YOUTH BALLET INC
ReturnHeader/Filer/BusinessNameControlTxt0MANH
ReturnHeader/Filer/EIN0204712167
ReturnHeader/Filer/PhoneNum02127871178
ReturnHeader/Filer/USAddress/AddressLine10248 WEST 60TH STREET
ReturnHeader/Filer/USAddress/City0NEW YORK
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode010023
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10MORDFIN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10150 GREAT NECK RD STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0GREAT NECK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0110213309
ReturnHeader/PreparerPersonGrp/PhoneNum05168299088
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STUART MORDFIN
ReturnHeader/ReturnTs02015-02-20T07:17:19-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01

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.$0.50$0.72$0.22$1.03$0.96$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.55$0.84$0.28$1.05$1.58$0.52
2022Detailed filing. Detailed filing data is available for this year.$1.03$0.79$0.24$0.96$0.91$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.89$0.19$1.30$0.89$0.41
2020Summary only. Only limited summary data is available for this year.$0.69$0.91$0.21$0.86$1.03$0.17
2019Summary only. Only limited summary data is available for this year.$0.68$0.79$0.11$0.91$0.91$0.00
2018Summary only. Only limited summary data is available for this year.$0.04$0.14$0.10$0.86$0.87$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.15$0.09$0.78$0.80$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.07$0.13$0.06$1.06$0.93$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.25$0.19$0.88$0.82$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.30$0.24$0.70$0.77$0.08
2013Summary only. Only limited summary data is available for this year.$0.07$0.23$0.16$0.69$0.62$0.07
2012Summary only. Only limited summary data is available for this year.$0.04$0.27$0.23$0.39$0.51$0.12
2011Summary only. Only limited summary data is available for this year.$0.08$0.18$0.10$0.53$0.63$0.10