Civic Intelligence

USA International Ballet Competition

990 • Fiscal year 2017 • EIN 64-0620289

Oct 01, 2016 to Sep 30, 2017 • Filed on Feb 01, 2017

P O Box 3696Jackson, MS 39207

(601) 355-9853

Siviq Scores

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

Liabilities / Assets

67th percentile

0.14x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

76th percentile

0.21x

Higher debt load relative to revenue than 76% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

22nd percentile

-8.5%

Higher net margin than 22% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

92nd percentile

$125,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 27.7% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

51st percentile

3.6%

Faster asset growth than 51% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

18th percentile

-15%

Faster revenue growth than 18% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$672,550

Up $23,604 (+3.6%) from 2016

Net Assets

Down

$575,918

Down $6,444 (-1.1%) from 2016

Liabilities

Up

$96,632

Up $30,048 (+45%) from 2016

Revenue

Down

$450,486

Down $81,422 (-15%) from 2016

Expenses

Down

$488,959

Down $72,710 (-13%) from 2016

Net Income

Down

-$38,473

Down $8,712 (-29%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $999,256Liabilities 2010: $8,676Net Assets 2010: $990,5802010Assets 2011: $857,797Liabilities 2011: $3,025Net Assets 2011: $854,7722011Assets 2012: $831,224Liabilities 2012: $7,121Net Assets 2012: $824,1032012Assets 2013: $964,135Liabilities 2013: $25,127Net Assets 2013: $939,0082013Assets 2014: $321,422Liabilities 2014: $9,944Net Assets 2014: $311,4782014Assets 2015: $638,506Liabilities 2015: $56,744Net Assets 2015: $581,7622015Assets 2016: $648,946Liabilities 2016: $66,584Net Assets 2016: $582,3622016Assets 2017: $672,550Liabilities 2017: $96,632Net Assets 2017: $575,9182017Assets 2018: $229,689Liabilities 2018: $1,890Net Assets 2018: $227,7992018Assets 2019: $779,708Liabilities 2019: $53,999Net Assets 2019: $725,7092019Assets 2020: $862,651Liabilities 2020: $68,894Net Assets 2020: $793,7572020Assets 2021: $1,253,747Liabilities 2021: $76,578Net Assets 2021: $1,177,1692021Assets 2022: $1,283,978Liabilities 2022: $129,076Net Assets 2022: $1,154,9022022Assets 2023: $768,257Liabilities 2023: $3,182Net Assets 2023: $765,0752023Assets 2024: $1,248,823Liabilities 2024: $40,663Net Assets 2024: $1,208,1602024Assets 2025: $1,610,819Liabilities 2025: $76,138Net Assets 2025: $1,534,6812025

Highlighted filing

2017

Assets$672,550
Liabilities$96,632
Net Assets$575,918

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,833,9292010Revenue 2011: $149,291Expenses 2011: $285,099Net Income 2011: -$135,8082011Expenses 2012: $482,7192012Revenue 2013: $654,581Expenses 2013: $539,676Net Income 2013: $114,9052013Revenue 2014: $1,411,131Expenses 2014: $2,029,264Net Income 2014: -$618,1332014Revenue 2015: $684,764Expenses 2015: $405,945Net Income 2015: $278,8192015Revenue 2016: $531,908Expenses 2016: $561,669Net Income 2016: -$29,7612016Revenue 2017: $450,486Expenses 2017: $488,959Net Income 2017: -$38,4732017Revenue 2018: $1,934,088Expenses 2018: $2,344,566Net Income 2018: -$410,4782018Revenue 2019: $780,504Expenses 2019: $333,624Net Income 2019: $446,8802019Revenue 2020: $343,908Expenses 2020: $352,830Net Income 2020: -$8,9222020Revenue 2021: $290,845Expenses 2021: $427,103Net Income 2021: -$136,2582021Revenue 2022: $483,831Expenses 2022: $506,098Net Income 2022: -$22,2672022Revenue 2023: $2,054,663Expenses 2023: $2,444,490Net Income 2023: -$389,8272023Revenue 2024: $1,115,542Expenses 2024: $672,457Net Income 2024: $443,0852024Revenue 2025: $988,901Expenses 2025: $662,380Net Income 2025: $326,5212025

Highlighted filing

2017

Revenue$450,486
Expenses$488,959
Net Income-$38,473
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Feb 1, 2017
Return Version
2016v3.1
Gross Receipts
$450,486
Mission and Program Overview

Mission

The mission of the usa international ballet competition is to provide an opportunity for dancers to test themselves against recognized international standards of dance excellence; to provide an opportunity for dancers to showcase their technical skill and artistic talent

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$468,501$535,279▲ $66,778
Cash and Non-Interest-Bearing Accounts$120,648$89,383▼ $31,265
Savings and Temporary Cash Investments$26,819$24,010▼ $2,809
Intangible Assets$13,615$9,425▼ $4,190
Inventories for Sale or Use$9,524$8,977▼ $547
Prepaid Expenses and Deferred Charges$1,184$2,910▲ $1,726
Accounts Receivable$6,589$1,679▼ $4,910
Land, Buildings, and Equipment, Net$2,066$887▼ $1,179
Total Assets$648,946$672,550▲ $23,604
Liabilities
Other Liabilities$66,584$93,402▲ $26,818
Accounts Payable and Accrued Expenses-$3,230-
Total Liabilities$66,584$96,632▲ $30,048
Net Assets / Fund Balance
Unrestricted Net Assets$582,362$575,918▼ $6,444
Total Net Assets Fund Balance$582,362$575,918▼ $6,444
Total Liabilities and Net Assets / Fund Balance$648,946$672,550▲ $23,604

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$887$64,021$64,908
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$412,184
Program Service Revenue
$0
Investment Income
$57
Other Revenue
$38,245
All Other Contributions
$303,081
Change in Net Assets
$-38,473

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$43,000
Other Non Cash Contri Table1$25,000
Total Noncash Contributions2$68,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$290,974
Other Expenses$197,985
Total Fundraising Expense$28,904
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$109,808$18,662$34$128,504
Current Officers, Directors, Trustees, and Key Employees$85,000$25,000$15,000$125,000
Occupancy$33,660$9,900$5,940$49,500
All Other Expenses$30,957$277-$31,234
Advertising$26,267$148$1,375$27,790
Payroll Taxes$13,740$4,041$2,425$20,206
Office Expenses$9,050$9,278$1,684$20,012
Other Employee Benefits$11,740$3,452$2,072$17,264
Travel$10,221--$10,221
Other Expenses$6,065--$6,065
Fees for Services Accounting-$5,500-$5,500
Depreciation Depletion-$5,477-$5,477
Insurance$2,120$2,160$374$4,654
Information Technology-$140-$140
Conferences and Meetings$50$50-$100
Total Functional Expenses$375,970$84,085$28,904$488,959
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$93,402
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

VARIOUS

Form 990, Page 6, Part VI, Line 11B

The board of directors reviews the form 990 prior to its being filed

Form 990, Page 6, Part VI, Line 12C

Each director updates the conflict of interest disclosure annually

Form 990, Page 6, Part VI, Line 19

The policies are available upon request through the executive director

Filing and Contact Details

Filer

Filer Name
International Ballet Competition
EIN
64-0620289
Address
P O BOX 3696, JACKSON, MS 39207

Signing Officer

Name
Mona Nicholas
Title
Executive Director
Phone
6013559853
Signed
2017-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mona Nicholas
Formed
1978
Legal Domicile
Ms
Voting Board Members
41
Independent Board Members
41
Employees
6

Preparer

Firm
Williams Weiss Hester & Co Pllc
Address
PO BOX 16506, JACKSON, MS 39236
Preparer
Douglas J Hester CPA
Phone
6019817571
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the usa international ballet competition is to provide an opportunity for dancers to test themselves against recognized international standards of dance excellence; to provide an opportunity for dancers to showcase their technical skill and artistic talent

Form 990, Page 1, Part I, Line 6

Annual membership meeting and fund raiser for 2018 competition assist with citydance competition and spring performance

Form 990, Part XI, Line 9

Deferred revenue -17,870 discount on pledges 400 rounding -1 total -17,471

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IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRMAN EME
IRS990/Form990PartVIISectionAGrp/TitleTxt6CORPORATE SE
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IRS990/MissionDesc0THE MISSION OF THE USA INTERNATIONAL BALLET COMPETITION IS TO PROVIDE AN OPPORTUNITY FOR DANCERS TO TEST THEMSELVES AGAINST RECOGNIZED INTERNATIONAL STANDARDS OF DANCE EXCELLENCE; TO PROVIDE AN OPPORTUNITY FOR DANCERS TO SHOWCASE THEIR TECHNICAL SKILL AND ARTISTIC TALENT
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.61$0.08$1.53$0.99$0.66$0.33
2024Detailed filing. Detailed filing data is available for this year.$1.25$0.04$1.21$1.12$0.67$0.44
2023Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$2.05$2.44$0.39
2022Detailed filing. Detailed filing data is available for this year.$1.28$0.13$1.15$0.48$0.51$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.25$0.08$1.18$0.29$0.43$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.07$0.79$0.34$0.35$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.05$0.73$0.78$0.33$0.45
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$1.93$2.34$0.41
2017Detailed filing. Detailed filing data is available for this year.$0.67$0.10$0.58$0.45$0.49$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.65$0.07$0.58$0.53$0.56$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.06$0.58$0.68$0.41$0.28
2014Detailed filing. Detailed filing data is available for this year.$0.32$0.01$0.31$1.41$2.03$0.62
2013Summary only. Only limited summary data is available for this year.$0.96$0.03$0.94$0.65$0.54$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.01$0.82$0.48
2011Summary only. Only limited summary data is available for this year.$0.86$0.00$0.85$0.15$0.29$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.01$0.99$1.83