Arts, Culture & Humanities
(A63)
IRS Verified
DX Registered
990 on File
MICHIGAN BALLET ACADEMY
Financial strength (30%)
83/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Our mission is to provide world class ballet training using the principles and aesthetics of the Vaganova Method taught by professionally trained faculty in an atmosphere of creativity, challenge, encouragement and integrity.
Financial Overview — FY 2025
$400K
Total Revenue
$370K
Total Expenses
$65K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.7%
Fundraising Efficiency
0.0%
Operating Reserve
2.09x
Liability-to-Asset
17.9%
Revenue Diversification
69.6%
Compared with Peers
FY 2025
Compared with 7,068 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
94.7% | 81.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.3% | 13.7% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 27.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.1 mo | 9.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
17.9% | 1.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
69.6% | 77.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
11.6% | 6.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.2% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.6% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $400K | $370K | $65K | 94.7% | 3 |
| 2024 | $359K | $355K | $34K | 95.0% | 3 |
| 2023 | $321K | $315K | $30K | 94.6% | 5 |
| 2022 | $297K | $315K | $25K | 95.3% | 3 |
| 2021 | $286K | $295K | N/A | — | 3 |
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