Balletrox Inc
- Assets
- $204.0k
- Revenue
- $257.2k
- Investments
- $0.0
- Employees
- 10
- Location
- Jamaica Plain, MA
- Founding
- 01/1992
- Data as of
- 06/2021
- EIN
- 04-3140205
Organization Overview
Balletrox Inc is located in Jamaica Plain, MA. The organization was established in 1992. 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 06/2021, Balletrox Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Balletrox 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 06/2021, Balletrox Inc generated $257.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $263.4k during the year ending 06/2021. While expenses have increased by 5.0% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO EXPOSE BOSTON YOUTH TO DANCE AND OPPORTUNITIES FOR MASTERY AND PERFORMANCE, TO WHICH THEY WOULD NOT OTHERWISE HAVE ACCESS, GIVING THEM DISCIPLINE AND A SUPPORTIVE COMMUNITY TO SUCCEED IN LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO DESERVING INNER CITY CHILDREN AND IN-SCHOOL AND AFTERSCHOOL DANCE INSTRUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Patterson Executive Director | Officer | 25 | $21,959 |
Ann Carol Knox Vice President/former Ex. Director | OfficerTrustee | 25 | $0 |
Gregory Manousos President | OfficerTrustee | 2 | $0 |
Rachel Hassinger Clerk | OfficerTrustee | 2 | $0 |
Jeremy Thompson Treasurer | OfficerTrustee | 2 | $0 |
John Tobin Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $36,284 |
| All other contributions, gifts, grants, and similar amounts not included above | $180,515 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,799 |
| Total Program Service Revenue | $40,388 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $257,187 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,625 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $36,171 |
| Compensation of current officers, directors, key employees. | $3,617 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $135,302 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,343 |
| Payroll taxes | $17,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,805 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,300 |
| 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 | $514 |
| Insurance | $2,918 |
| All other expenses | $0 |
| Total functional expenses | $263,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,482 |
| Savings and temporary cash investments | $120,545 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $204,027 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $174,027 |
| Net assets with donor restrictions | $30,000 |
| 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 | $204,027 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Balletrox Inc has recieved totaling $90,500.
| Awarding Organization | Amount |
|---|---|
Liberty Mutual Foundation Inc Boston, MA PURPOSE: OPERATING SUPPORT | $45,000 |
Edvestors Inc Boston, MA PURPOSE: BALLETROX - CLAP, MATHER, P.A. SHAW, SNOWDEN INTERNATIONAL | $16,000 |
Cabot Family Charitable Tr Boston, MA PURPOSE: EXEMPT PURPOSES | $15,000 |
Nlt Foundation Inc Cincinnati, OH PURPOSE: ARTS/ARTS EDUCATION | $10,000 |
Foley Hoag & Eliot Fdn Wilmington, DE PURPOSE: IN-SCHOOL AND AFTER-SCHOOL PROGRAMMING | $4,000 |
Eastern Bank Charitable Foundation Lynn, MA PURPOSE: EXEMPT PURPOSE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York City Ballet Inc New York, NY | $352,054,118 | $35,122,869 |
Ballet Theatre Foundation Inc New York, NY | $91,391,905 | $56,242,034 |
Boston Ballet Inc Boston, MA | $56,996,958 | $26,750,107 |
Dance Theatre Of Harlem Inc New York, NY | $25,291,917 | $7,150,839 |
Ballet Tech Foundation Inc New York, NY | $31,444,283 | $5,751,049 |
Youth America Grand Prix Inc New York, NY | $3,021,987 | $5,148,800 |
American Friends Of Covent Garden The Royal Opera The Royal Ballet New York, NY | $957,784 | $1,833,201 |
Mystic Ballet Inc Stonington, CT | $1,878,282 | $1,516,006 |
Festival Ballet Providence Providence, RI | $1,446,806 | $2,279,946 |
Eastern Connecticut Ballet Inc East Lyme, CT | $112,495 | $656,869 |
Brooklyn Ballet Inc Brooklyn, NY | $760,063 | $1,225,317 |
Eglevsky Ballet Company Of L I Inc Bethpage, NY | $288,741 | $559,518 |