Festival Ballet Providence
- Assets
- $1.4m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 08/1978
- Data as of
- 08/2021
- EIN
- 05-0377245
Organization Overview
Festival Ballet Providence is located in Providence, RI. The organization was established in 1978. 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. Festival Ballet Providence 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 08/2021, Festival Ballet Providence generated $2.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $1.3m during the year ending 08/2021. 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 THRILL AND MOVE OUR AUDIENCES, DANCERS, CHOREOGRAPHERS, SUPPORTERS AND STAFF WITH ART AND DISCIPLINE. OUR VISION IS TO CONTINUOUSLY INCREASE IN PASSION AND ARTISTIC EXCELLENCE AND STRENGTH, ACHEIVING NATIONAL AND INTERNATIONAL RECOGNITION AS A CREATIVE FORCE IN DANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2020-2021 SEASON, FESTIVAL BALLET PROVIDENCE PRODUCED SEVERAL PROJECT BASED INITIATIVES, AS THE COVID-19 PANDEMIC IMPACTED THE ABILITY TO CONDUCT LIVE PERFORMANCES AND MOUNT A FULL SEASON. THESE EFFORTS INCLUDED CREATING A NEW NUTCRACKER TO BE PERFORMED OUTDOORS, WHICH ULTIMATELY HAD TO MOVE TO A FILMED/STREAMED VERSION DUE TO INCREASED RESTRICTIONS. IN THE LATE SPRING OF 2021, THE COMPANY RETURNED TO FULL TIME OPERATIONS FOR TWO MONTHS. THERE WERE 18 SOLD OUT PERFORMANCES AT A TEMPORARY OUTDOOR THEATER, FEATURING "GOLDILOCKS AND THE THREE BEARS, AND "EMERGENCE" REPERTORY PROGRAM WHICH INCLUDED CONTEMPORARY WORKS "SAME AND "STRINGS AND EXCERPTS FROM CLASSICAL FAVORITES "LADY OF THE CAMELLIAS AND "DON QUIXOTE." ADDITIONAL COLLABORATIVE PROJECTS INCLUDE STREAMED PROGRAMS WITH THE RI PHILHARMONIC ORCHESTRA, AN OUTDOOR PERFORMANCE AT THE PAWTUCKET ARTS FESTIVAL WITH AUREA ENSEMBLE, AND A FULL LENGTH FILMED/STREAMING PROGRAM FOR THE PPAC ARTS SHOWCASE SCHOOL PROGRAM.
DURING THE 2020-2021 ACADEMIC YEAR, EDUCATIONAL INITIATIVES WERE TAILORED TO INCLUDE ROBUST OPTIONS FOR HYBRID AND REMOTE LEARNING WHILE IN-PERSON CLASSES AND PROGRAMS RETURNED WITH CERTAIN COVID PROTOCOLS. CLASSES WITH LIMITED SIZE, CLEANING PROTOCOLS, AND MASK WEARING RESUMED IN SEPTEMBER 2020 AND CONTINUED THROUGHOUT THE SCHOOL YEAR FOR 200 ENROLLED STUDENTS. CLASSES INCLUDED BALLET, POINTE, CONTEMPORARY, JAZZ, AND CHARACTER, INTRODUCING A NEW CHINESE AND INDIAN FOLK DANCE UNITS. COMMUNITY ENGAGEMENT INITIATIVES WERE CARRIED OUT LARGELY REMOTELY, WITH A NEW PROGRAM CALLED VIRTUAL FIELD TRIP FEATURING DOZENS OF HOURS OF LESSONS AND VIDEO FOOTAGE AVAILABLE TO TEACHERS AND STUDENTS. LONGSTANDING IN SCHOOL RESIDENCIES WERE CONTINUED ONLINE, WITH LIVE VIDEO INSTRUCTION CARRIED OUT BY OUTREACH EDUCATORS. OUTDOOR MOVEMENT CLASSES CALLED "NEIGHBORHOOD MOVES" WERE HELD IN PUBLIC SPACES THROUGHOUT PROVIDENCE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Breen Combes Executive Dir/nonvoting Di | Officer | 40 | $65,917 |
Laurine Ryan-Perry Vice President | OfficerTrustee | 2 | $0 |
Alan Weiss President | OfficerTrustee | 2 | $0 |
Erica Guatieri Treasurer | OfficerTrustee | 5 | $0 |
Linda Mcgoldrick Secretary | OfficerTrustee | 5 | $0 |
Joan Abrams Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,335,452 |
| All other contributions, gifts, grants, and similar amounts not included above | $368,077 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,703,529 |
| Total Program Service Revenue | $510,243 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $622 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,593 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $16,823 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,279,946 |
| 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 | $542,080 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,564 |
| Payroll taxes | $73,336 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,985 |
| Fees for services: Accounting | $42,182 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,993 |
| Advertising and promotion | $34,441 |
| Office expenses | $14,811 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $32,643 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $64,726 |
| Insurance | $17,850 |
| All other expenses | $33,274 |
| Total functional expenses | $1,287,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $821,657 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,662 |
| 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 | $17,817 |
| Net Land, buildings, and equipment | $586,670 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,446,806 |
| Accounts payable and accrued expenses | $40,531 |
| Grants payable | $0 |
| Deferred revenue | $88,415 |
| 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 | $554,995 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $683,941 |
| Net assets without donor restrictions | $648,800 |
| Net assets with donor restrictions | $114,065 |
| 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 | $1,446,806 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Festival Ballet Providence has recieved totaling $195,941.
| Awarding Organization | Amount |
|---|---|
United Way Of Rhode Island Inc Providence, RI PURPOSE: DESIGNATED DONATION/GRANT | $75,650 |
The Rhode Island Community Foundation Providence, RI PURPOSE: DISCOVER DANCE VIRTUAL FIELD TRIP PARTNERSHIP WITH AGNES E. LITTLE ELEMENTARY SCHOOL; GENERAL OPERATING; GENERAL SUPPORT; DISCOVER DANCE PROGRAM 2021; REHEARSAL PIANIST; CULTIVATING BETTER TOMORROWS' PROFESSIONAL DEVELOPMENT | $38,822 |
The Champlin Foundation Pittsburgh, PA PURPOSE: BLACK BOX THEATER RENOVATIONS AND FIRE ALARM SYSTEM REPLACEMENT | $28,969 |
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $15,000 |
June Rockwell Levy Foundation Incorporated Providence, RI PURPOSE: DISCOVER DANCE 2021/2022 | $10,000 |
Harborone Foundation Of Rhode Island Brockton, MA PURPOSE: YOUTH SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boston Ballet Inc Boston, MA | $56,996,958 | $26,750,107 |
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 |
New Haven Ballet Inc New Haven, CT | $745,865 | $663,418 |
Connecticut Ballet Inc Hartford, CT | $189,127 | $551,379 |
Connecticut Concert Ballet Inc Manchester, CT | $208,427 | $443,135 |
Pioneer Valley Ballet Guild Easthampton, MA | $177,612 | $272,262 |
On Stage Theatrical Productions Inc Fall River, MA | $57,025 | $322,944 |
Ballet Theatre Company West Hartford, CT | $245,381 | $365,774 |
Balletrox Inc Jamaica Plain, MA | $204,027 | $257,187 |
New Bedford Ballet Foundation Inc New Bedford, MA | $385,108 | $235,997 |