Boston Ballet Inc is located in Boston, MA. The organization was established in 1964. 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 06/2023, Boston Ballet Inc employed 630 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Ballet 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 06/2023, Boston Ballet Inc generated $41.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $41.2m during the year ending 06/2023. While expenses have increased by 2.0% 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
THE HEART OF BOSTON BALLET IS THE HUMAN EXPERIENCE. THROUGH OUR LIVING AND BREATHING ART, WE FORGE HUMAN CONNECTIONS-BETWEEN ARTIST AND ATTENDEE, TEACHER AND TRAINEE, FRIEND AND NEWCOMER, ONE'S OUTER AND INNER SELF. DANCE HISTORY IS HUMAN HISTORY, FULL OF INNATE BEAUTY, GENERATIONAL MEMORY, AND CONTRADICTIONS. WE SHARE MANY CHARACTERISTICS THAT DEFINE OUR CITY, AS GLOBAL LEADERS OF INNOVATION WITH A RICH HERITAGE AND DIVERSE CULTURE. BUT BOSTON'S HISTORY IS NOT PERFECT-AND NEITHER IS THE HISTORY OF BALLET. IN ORDER TO HEAL AS A COMMUNITY, WE MUST UNITE AGAINST INEQUALITY, INEQUITY, AND EXCLUSIVITY. WE ARE BOSTON'S BALLET. WE BELIEVE IN THE TRANSFORMATIVE POWER OF DANCE TO INSPIRE POSITIVE CHANGE IN OUR COMMUNITY AND BEYOND. WE STEP TOWARD THE FUTURE, WHERE OUR ART BREAKS DOWN BARRIERS, OPENS MINDS, STRENGTHENS OUR CONNECTIONS TO EACH OTHER, AND IS SHARED MORE WIDELY WITH ALL. BECAUSE THE FUTURE OF DANCE IS THE FUTURE OF HUMANITY.TOGETHER, WE MOVE-FORWARD AND FARTHER-AS BOSTON'S BALLET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BALLET PROGRAMS: LED BY ARTISTIC DIRECTOR, MIKKO NISSINEN, THE BOSTON BALLET MAINTAINS A DIVERSE REPERTOIRE, RANGING FROM FULL-LENGTH BALLETS TO NEW WORKS BY SOME OF TODAY'S FINEST CHOREOGRAPHERS. THE COMPANY TYPICALLY GIVES OVER 100 PERFORMANCES AT THE CITIZENS BANK OPERA HOUSE IN BOSTON, MA DURING ITS EIGHT-MONTH SEASON THAT ENDS IN MAY OF EACH YEAR. THE 2022-2023 SEASON REPRESENTED THE RETURN TO THIS LEVEL OF PERFORMANCE ACTIVITY FOR THE FIRST TIME SINCE THE COVID-19 PANDEMIC, WITH FIVE SEASON PRODUCTIONS IN ADDITION TO THE NUTCRACKER.
BOSTON BALLET SCHOOL (BBS): PROVIDES A COMPREHENSIVE DANCE EDUCATION WITH THE GOAL OF INSPIRING, NURTURING AND SUSTAINING A LIFE-LONG LOVE OF DANCE IN EVERY STUDENT. BBS OPERATES TWO STATE-OF-ART DANCE FACILITIES AT BOSTON BALLET'S HEADQUARTERS IN THE SOUTH END OF BOSTON AND IN THE METRO-WEST TOWN OF NEWTON. SEVERAL PROGRAMS ARE OFFERED TO PROVIDE EDUCATIONAL OPPORTUNITIES TO STUDENTS OF ALL AGES AND CAPABILITIES. THE CLASSICAL BALLET PROGRAM FOLLOWS A CAREFULLY DESIGNED CURRICULUM WITH NINE LEVELS OF STUDY. IT ALSO HAS A SUPPLEMENTAL SUMMER DANCE WORKSHOP AND MASTER CLASS SERIES EXPOSING STUDENTS TO DIFFERENT DANCE CONCEPTS AND STYLES IN A CREATIVE ENVIRONMENT. THE CHILDREN'S PROGRAM FOR AGES 16 MONTHS TO 7 YEARS INTRODUCES CHILDREN TO THE ART OF DANCE BY PROMOTING THE EXPLORATION OF CREATIVITY AND EXPRESSION THROUGH MOVEMENT. ITS CORRESPONDING SUMMER PROGRAMS, BALLET STORIES AND BALLET JOURNEYS INTRODUCE STUDENTS TO THE WIDER WORLD OF DANCE. THE ADULT DANCE PROGRAM OFFERS A WIDE RANGE OF DANCE CLASSES AND WORKSHOPS TO STUDENTS OF ALL ABILITIES AND EXPERIENCE LEVELS. THE BBS PROFESSIONAL DIVISION AT WALNUT HILL SCHOOL FOR THE ARTS IS AN AUDITION-ONLY AND HIGHLY COMPETITIVE PROGRAM THAT PROVIDES A RIGOROUS TRAINING PROGRAM PREPARING STUDENTS FOR A PROFESSIONAL CAREER WITH THE BOSTON BALLET, AND IN THE BALLET INDUSTRY. THE SUMMER DANCE PROGRAM IS A 5-WEEK SUMMER INTENSIVE TRAINING OPPORTUNITY FOR STUDENTS GLOBALLY, WITH ACCEPTANCE TO THE PROGRAM BY AUDITION-ONLY.
DIVISION FOR EDUCATION AND COMMUNITY INITIATIVES (ECI): REACHES STUDENTS THROUGHOUT THE GREATER BOSTON AREA THROUGH SEVERAL PILLAR PROGRAMS. CITYDANCE, ESTABLISHED IN 1991, PROVIDES THIRD GRADE STUDENTS FROM OVER 130 BOSTON PUBLIC SCHOOL CLASSROOMS WITH A TUITION-FREE INTRODUCTION TO DANCE EDUCATION. ECI ON LOCATION, INCLUSIVE OF TAKING STEPS AND BOYS IN MOTION, SERVES STUDENTS FROM 4TH GRADE TO 8TH GRADE, OFFERING YEAR-LONG DANCE EDUCATION IN SCHOOLS AND COMMUNITY SITES. ADAPTIVE DANCE, ESTABLISHED IN 2002, PROVIDES CREATIVE MOVEMENT INSTRUCTION TO INDIVIDUALS WITH DISABILITIES. TRAINING WORKSHOPS ARE DELIVERED BY ECI INSTRUCTORS TO ORGANIZATIONS LOCALLY AND NATIONWIDE, ESTABLISHING BOSTON BALLET AS A THOUGHT-LEADER IN THIS SPACE. ECI ALSO ENGAGES PARTICIPANTS BEYOND PROGRAMMING BY PROVIDING SPECIAL OPPORTUNITIES SUCH AS ATTENDING BOSTON BALLET PERFORMANCES AND SPECIAL EVENTS/ACTIVITIES, MENTORING AND TEACHING, AND PERFORMING IN SHOWCASES OR COMMUNITY PERFORMANCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mikko P Nissinen Artistic Director | Officer | 40 | $755,318 |
Meredith L Hodges Executive Director | Officer | 40 | $486,453 |
Deborah Moe Chief Marketing Officer | 40 | $238,806 | |
Ming Min Hui Chief Financial Officer & Treasurer | Officer | 40 | $178,066 |
Blair Hollis Director Of Development | 40 | $174,566 | |
Russell Kaiser Assistant Artistic Director | 40 | $161,259 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Nutter Mcclennen And Fish Llp Attorney | 6/29/23 | $230,292 |
Troiani And Sons Trucking | 6/29/23 | $204,685 |
Capacity Interactive Consulting Marketing | 6/29/23 | $102,850 |
Bca Cleaning Company Cleaning | 6/29/23 | $157,011 |
Ernesto Galan Photographer | 6/29/23 | $195,326 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,776,105 |
Related organizations | $0 |
Government grants | $285,738 |
All other contributions, gifts, grants, and similar amounts not included above | $15,450,655 |
Noncash contributions included in lines 1a–1f | $404,140 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,512,498 |
Total Program Service Revenue | $21,836,130 |
Investment income | $849,131 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $267 |
Net Income from Fundraising Events | -$725,407 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $98,268 |
Miscellaneous Revenue | $0 |
Total Revenue | $41,126,452 |
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. | $1,483,812 |
Compensation of current officers, directors, key employees. | $718,460 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $15,691,256 |
Pension plan accruals and contributions | $657,434 |
Other employee benefits | $1,434,850 |
Payroll taxes | $1,461,933 |
Fees for services: Management | $0 |
Fees for services: Legal | $252,201 |
Fees for services: Accounting | $101,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $838,821 |
Advertising and promotion | $3,346,894 |
Office expenses | $147,354 |
Information technology | $452,629 |
Royalties | $274,132 |
Occupancy | $5,020,053 |
Travel | $727,419 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $21,722 |
Interest | $3,406 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,300,934 |
Insurance | $740,369 |
All other expenses | $429,735 |
Total functional expenses | $41,153,671 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,748,847 |
Savings and temporary cash investments | $1,500,000 |
Pledges and grants receivable | $4,363,171 |
Accounts receivable, net | $188,724 |
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 | $1,611,933 |
Net Land, buildings, and equipment | $9,691,013 |
Investments—publicly traded securities | $28,552,937 |
Investments—other securities | $5,821,382 |
Investments—program-related | $316,392 |
Intangible assets | $0 |
Other assets | $30,933,683 |
Total assets | $91,728,082 |
Accounts payable and accrued expenses | $1,506,821 |
Grants payable | $0 |
Deferred revenue | $6,860,191 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $32,284,588 |
Total liabilities | $40,651,600 |
Net assets without donor restrictions | $11,960,852 |
Net assets with donor restrictions | $39,115,630 |
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 | $91,728,082 |