Maine State Ballet
- Assets
- $2.6m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 38
- Location
- Falmouth, ME
- Founding
- 04/1987
- Data as of
- 08/2023
- EIN
- 01-0420070
Organization Overview
Maine State Ballet is located in Falmouth, ME. The organization was established in 1987. According to its NTEE Classification (A63) the organization is classified as: Ballet, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Maine State Ballet employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine State 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 08/2023, Maine State Ballet generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $1.2m during the year ending 08/2023. While expenses have increased by 3.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MAINE STATE BALLETS MISSION TO UPLIFT THE MAINE COMMUNITY THROUGH INSPIRING DANCE EDUCATION AND PERFORMANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTREACH PROGRAMS - MAINE STATE BALLET OFFERS BALLET AND VARIOUS DANCE/MUSICAL THEATER PRODUCTIONS TO A DIVERSE COMMUNITY AUDIENCE ON A REGULAR AND AFFORDABLE BASIS. IT PROVIDES FREE TICKETS TO PERFORMANCES FOR HUNDREDS OF LOCAL UNDERPRIVILEGED FAMILIES, AND FREE SHORT-TERM DANCE CLASSES TO COMMUNITY MEMBERS. ADDITIONALLY, MAINE STATE BALLET OFFERS A PAID TEACHING APPRENTICESHIP PROGRAM FOR HIGH SCHOOL DANCERS WHO ASSIST PROFESSIONALS IN CLASSROOM TEACHING.
SCHOOL OF PERFORMING ARTS - THE MAINE STATE BALLET SCHOOL FOR PERFORMING ARTS OFFERS INSTRUCTION IN BALLET, JAZZ, TAP, AND MUSICAL THEATRE TO OVER 450 STUDENTS OF PRESCHOOL THROUGH ADULT AGES. MSB OFFERS APPROXIMATELY $20,000 IN TUITION SCHOLARSHIPS ANNUALLY TO STUDENTS WITH FINANCIAL NEED, DANCERS WITH PROMISE, AND COMPANY MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Miele Artistic Director | OfficerTrustee | 40 | $125,643 |
Judith Kimball Director | Trustee | 1 | $0 |
Barry Bernard Director | Trustee | 1 | $0 |
Peter Hall Director | Trustee | 1 | $0 |
Katie Guare Director | Trustee | 1 | $0 |
Steve Carter Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $67,043 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,043 |
| Total Program Service Revenue | $1,105,439 |
| Investment income | $10,728 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $60 |
| Net Gain/Loss on Asset Sales | $38,522 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,268,498 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $145,577 |
| Compensation of current officers, directors, key employees. | $24,263 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $323,514 |
| Pension plan accruals and contributions | $7,157 |
| Other employee benefits | $51,914 |
| Payroll taxes | $37,789 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,417 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,997 |
| Advertising and promotion | $30,530 |
| Office expenses | $32,503 |
| Information technology | $11,825 |
| Royalties | $0 |
| Occupancy | $126,994 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $74,163 |
| Insurance | $8,376 |
| All other expenses | $0 |
| Total functional expenses | $1,234,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $732,997 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,097 |
| 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 | $47,002 |
| Net Land, buildings, and equipment | $1,840,985 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,199 |
| Other assets | $0 |
| Total assets | $2,644,480 |
| Accounts payable and accrued expenses | $139,584 |
| Grants payable | $0 |
| Deferred revenue | $8,767 |
| 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 | $1,236,230 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,384,581 |
| Net assets without donor restrictions | $1,259,899 |
| Net assets with donor restrictions | $0 |
| 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 | $2,644,480 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine State Ballet Falmouth, ME | $2,644,480 | $1,268,498 |
Safe Haven Ballet Somersworth, NH | $130,232 | $264,008 |
City Center Ballet Inc Lebanon, NH | $26,794 | $0 |
Robinson Ballet Bangor, ME | $95,828 | $0 |
Bangor Youth Ballet Bangor, ME | $2,754 | $0 |
Ballet Misha Concord, NH | $15,553 | $0 |
Midcoast Youth Theater Brunswick, ME | $51,166 | $0 |