Vermont Ballet Theater Inc
- Assets
- $72.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Essex, VT
- Founding
- 06/2002
- Data as of
- 06/2022
- EIN
- 03-0371404
Organization Overview
Vermont Ballet Theater Inc is located in Essex, VT. The organization was established in 2002. According to its NTEE Classification (A63) the organization is classified as: Ballet, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Ballet Theater Inc 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 06/2022, Vermont Ballet Theater Inc generated $36.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $87.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE VERMONT BALLET THEATER, INC. IS COMPRISED OF APPROXIMATELY FORTY-FIVE STUDENT MEMBERS AND DIVIDED INTO A SENIOR AND A JUNIOR COMPANY. THEY HAVE OR WILL PERFORM PUBLICLY BEFORE AUDIENCES NUMBERING IN THE THOUSANDS AT MANY LOCAL THEATERS, COLLEGES AND SCHOOLS INCLUDING FLYNN THEATER, JOHNSON STATE COLLEGE, THE BURLINGTON MEMORIAL AUDITORIUM, AND ESSEX PUBLIC SCHOOLS. VERMONT BALLET THEATER, INC. REPERTOIRE INCLUDES ORIGINAL CHOREOGRAPHIES FOR PETER AND THE WOLF, PAQUITA, RHYTHM JOURNAL, RELEASE, ROSE MAIDENS, CELEBRATION OF THE ARTS, CELEBRATION OF DANCE, VERMONT NUTCRACKER AND MANY MORE WORKS OF CHOREOGRAPHY.MANY STUDENTS TO DATE FROM THE SENIOR COMPANY HAVE BEEN ACCEPTED WITH FULL SCHOLARSHIPS TO THE MOST PRESTIGIOUS DANCE SCHOOLS INCLUDING AMERICAN BALLET THEATER, NEW YORK CITY BALLET, KIROV BALLET, SAN FRANCISCO BALLET, PACIFIC NORTHWEST BALLET, NORTH CAROLINA SCHOOL OF THE ARTS AND WALNUT HILL. MANY OF THE VERMONT BALLET THEATER, INC'S ALUMNI ARE OR HAVE DANCED PROFESSIONALLY WITH THE AMERICAN BALLET THEATER IN NEW YORK CITY, KANSAS CITY BALLET AND SEVERAL HAVE OR ARE APPRENTICES WITH THE MIAMI CITY BALLET AND JOSE MATEO DANCE COMPANY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexander Nagiba President | 0 | $0 | |
Kirsten Nagiba Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $36,494 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,494 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $53,263 |
| Occupancy, rent, utilities, and maintenance | $20,755 |
| Printing, publications, postage, and shipping | $3,286 |
| Other expenses | $10,421 |
| Total expenses | $87,725 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,346 |
| Other assets | $0 |
| Total assets | $72,365 |
| Total liabilities | $238,348 |
| Net assets or fund balances | -$165,983 |