Ballet Folklorico Tapatio Non-Profit Corporation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO PROVIDE A HEALTHY, SAFE AND INSPIRATIONAL ENVIRONMENT IN WHICH CHILDREN AND YOUNG ADULTS ARE GIVEN THE OPPORTUNITY TO LEARN ABOUT MEXICAN CULTURE AND HISTORY THROUGH TRADITIONAL REGIONAL DANCES.
- Income
- $114,682
- Spending
- $109,153
- Reserves
- -0.6 months of spending
- Largest source of income
- other income, 75%
- Highest pay
- $14,400, president
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 21 out of 100. Higher than 6% of charities in its peer group (arts and culture, under $250k).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 140% of what it owns.
Living within its means
15 of 15Income exceeded spending by 5% of income.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $104,861 spent. BALLET FOLKLORICO TAPATIO OFFERS 6 DIFFERENT LEVELS OF DANCE CLASSES TO STUDENTS OF ALL AGES FROM 2 YEARS OLD TO ADULTS. IN 2024, THERE WERE OVER 150 DANCERS. THE GOAL IS TO PROVIDE A HEALTHY, SAFE AND INSPIRATIONAL ENVIRONMENT IN WHICH DANCERS ARE GIVEN THE OPPORTUNITY TO LEARN ABOUT MEXICAN CULTURE AND HISTORY THROUGH TRADITIONAL REGIONAL DANCES. BALLET FOLKLORICO TAPATIO PROVIDES AN AVENUE IN WHICH STUDENTS CAN DEVELOP PRIDE, SELF CONFIDENCE AND SELF ESTEEM, WHILE ENCOURAGING THEM TO WORK WITHIN THE COMMUNITY FOR POSITIVE CHANGE. THE DISCIPLINE WE DEMAND WITHIN OUR GROUP IS THE DISCIPLINE THAT PREPARES OUR YOUTH FOR THEIR EDUCATION PURSUITS AS WELL AS THE WORKFORCE. TAPATIO IS ALSO PROUD TO CELEBRATE 27 YEARS OF MEXICAN TRADITION.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2002.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.