Portland School Of Ballet
- Assets
- $186.7k
- Revenue
- $547.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Portland, ME
- Founding
- 03/1992
- Data as of
- 07/2022
- EIN
- 01-0372997
Organization Overview
Portland School Of Ballet is located in Portland, ME. The organization was established in 1992. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2022, Portland School Of Ballet employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portland School Of Ballet is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2022, Portland School Of Ballet generated $547.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $464.1k during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IT IS PORTLAND BALLETS MISSION TO ENRICH OUR COMMUNITY THROUGH DANCE, EDUCATION, AND PERFORMANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PORTLAND BALLET OFFERS PROGRAMS FOR ALL AGES IN THE FOLLOWING GROUPS YOUNG, SYLLABUS, CORPS AND ADULT. ITS YOUNG DANCER PROGRAM IS DESIGNED FOR DANCERS AGES 3-7 PROMOTING MOVEMENT TO MUSIC AND DEVELOPING DANCERS FOR THE NEXT STAGE. ITS SYLLABUS IS DESIGNED FOR DANCERS STARTING AT AGE 7 AND PROGRESSES THROUGH THEIR TEEN YEARS ESTABLISHING A STRONG FOUNDATION IN CORRECT POSTURE, CLASSICAL PLACEMENT, MUSICALITY, BALLET TECHNIQUE, VOCABULARY AND ARTISTIC EXPRESSION. ITS CORPS PROGRAM IS A PRE-PROFESSIONAL CURRICULUM FOR HIGH SCHOOL AND POST-GRADUATE STUDENTS. ITS THREE HOURS OF INTENSIVE STUDY IN BALLET, DANCE HISTORY, NUTRITION AND STAGECRAFT. ITS ADULT DROP-IN CLASSES RANGE FROM BEGINNER TO ADVANCE INSTRUCTION.
PORTLAND BALLETS PRODUCTION COMPANY PRESENTS FOUR PRODUCTIONS PER SEASON INCLUDING FAN FAVORITES LIKE JACK THE RIPPER AND A VICTORIAN NUTCRACKER. PSBS ANNUAL PRODUCTION ALSO SHOWCASES THE SCHOOLS DANCERS AND THEIR TALENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nell Shipman Executive Director | Officer | 40 | $50,423 |
Parke Burmeister Vice President | OfficerTrustee | 2 | $0 |
Ellen Weaver President | OfficerTrustee | 2 | $0 |
Tatyana Nossova Treasurer | OfficerTrustee | 2 | $0 |
Alison Bromski Secretary | OfficerTrustee | 2 | $0 |
Mikala Brown Assistant Treasurer | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $31,218 |
| All other contributions, gifts, grants, and similar amounts not included above | $166,912 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,130 |
| Total Program Service Revenue | $348,047 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,705 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$564 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $547,468 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $277,793 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,898 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35 |
| Fees for services: Accounting | $8,636 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $478 |
| Advertising and promotion | $11,274 |
| Office expenses | $9,645 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $70,017 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,580 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,282 |
| Insurance | $0 |
| All other expenses | $1,433 |
| Total functional expenses | $464,108 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,839 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $62,850 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $186,689 |
| Accounts payable and accrued expenses | $1,838 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $29,745 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31,583 |
| Net assets without donor restrictions | $154,276 |
| Net assets with donor restrictions | $830 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $186,689 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Portland School Of Ballet has recieved totaling $11,827.
| Awarding Organization | Amount |
|---|---|
Sam L Cohen Foundation Portland, ME PURPOSE: EMPEROR'S NEW CLOTHES | $5,000 |
Stephen & Tabitha King Foundation New York, NY PURPOSE: TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C)(3) | $3,300 |
Agnes M Lindsay Trust Chelmsford, MA PURPOSE: CAMPERSHIPS | $2,500 |
Mimi Foundation Scarborough, ME PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Concord Community Music School Concord, NH | $1,545,273 | $1,585,620 |
317 Main St Community Music Center Inc Yarmouth, ME | $4,625,414 | $3,657,456 |
Kneisel Hall Blue Hill, ME | $13,811,555 | $1,519,605 |
The Spartan Junior Drum And Bugle Corps Inc Nashua, NH | $341,545 | $843,857 |
Portland Conservatory Of Music Portland, ME | $1,611,562 | $945,126 |
Portland School Of Ballet Portland, ME | $186,689 | $547,468 |
Nashua Community Music School Nashua, NH | $219,055 | $475,725 |
Pierre Monteux Memorial Foundation Hancock, ME | $2,143,744 | $541,077 |
Midcoast Music Academy Rockport, ME | $339,108 | $341,245 |
River Tree Arts Kennebunk, ME | $536,279 | $341,114 |
Flying Gravity Circus Wilton, NH | $76,420 | $0 |
New Surry Repertory Theatre And Acting School Inc Blue Hill, ME | $61,781 | $0 |