Arts, Culture & Humanities
(A62)
IRS Verified
DX Registered
990 on File
COVENANT BALLET THEATRE OF BROOKLYN INC
Financial strength (30%)
71/100
Reliability (20%)
50/100
Effectiveness (25%)
68/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$467K
Total Revenue
$527K
Total Expenses
$133K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
67.6%
Fundraising Efficiency
N/A
Operating Reserve
3.04x
Liability-to-Asset
33.5%
Revenue Diversification
58.3%
Executive Compensation
$147K
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
|
67.6% | 81.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
32.5% | 13.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.0 mo | 9.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.5% | 1.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
58.3% | 77.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-1.6% | 6.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.7% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-12.8% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $467K | $527K | $133K | 67.6% | 3 |
| 2024 | $475K | $468K | $194K | 71.8% | 3 |
| 2023 | $486K | $468K | $187K | 91.3% | 3 |
| 2022 | $326K | $349K | $169K | 86.0% | 2 |
| 2021 | $351K | $292K | N/A | — | 3 |
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