Eglevsky Ballet Company Of L I Inc
- Assets
- $288.7k
- Revenue
- $559.5k
- Investments
- $0.0
- Employees
- 15
- Location
- Bethpage, NY
- Founding
- 11/1966
- Data as of
- 06/2021
- EIN
- 11-2044178
Organization Overview
Eglevsky Ballet Company Of L I Inc is located in Bethpage, NY. The organization was established in 1966. 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, Eglevsky Ballet Company Of L I Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eglevsky Ballet Company Of L I 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, Eglevsky Ballet Company Of L I Inc generated $559.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $597.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 6 years. 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
THE EGLEVSKY BALLET COMPANY IS DEDICATED TO ENRICHING LONG ISLAND AND IT'S SURROUNDING COMMUNITIES THROUGH THE PRESENTATION AND TRAINING OF BALLET IN THE CLASSICAL TRADITION OF ITS FOUNDER TO THE HIGHEST STANDARDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BALLET SCHOOL
SUMMER BALLET WORKSHOP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maurice Brandon Curry Director | OfficerTrustee | 60 | $84,487 |
Joe Cangelosi President | OfficerTrustee | 3 | $0 |
Jennifer Gillooley Treasurer | OfficerTrustee | 3 | $0 |
Joanne Garvin Secretary | OfficerTrustee | 1 | $0 |
Jorge Baez Board Member | Trustee | 1 | $0 |
Margaret Cooper Board Member | 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 | $48,419 |
| Noncash contributions included in lines 1a–1f | $2,692 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,419 |
| Total Program Service Revenue | $484,754 |
| 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 | $5,078 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $559,518 |
| 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. | $84,487 |
| Compensation of current officers, directors, key employees. | $21,570 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $255,840 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,910 |
| Payroll taxes | $19,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,223 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $394 |
| Advertising and promotion | $2,413 |
| Office expenses | $8,165 |
| Information technology | $6,259 |
| Royalties | $0 |
| Occupancy | $105,287 |
| Travel | $11,152 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $372 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,800 |
| Insurance | $7,895 |
| All other expenses | $7,216 |
| Total functional expenses | $597,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,956 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,501 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,921 |
| Prepaid expenses and deferred charges | $3,642 |
| Net Land, buildings, and equipment | $13,391 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,330 |
| Total assets | $288,741 |
| Accounts payable and accrued expenses | $12,849 |
| Grants payable | $0 |
| Deferred revenue | $86,972 |
| 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 | $249,259 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $349,080 |
| Net assets without donor restrictions | -$94,835 |
| Net assets with donor restrictions | $34,496 |
| 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 | $288,741 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eglevsky Ballet Company Of L I Inc has recieved totaling $156.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $156 |
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 |
Pittsburgh Ballet Theatre Inc Pittsburgh, PA | $29,203,539 | $16,154,254 |
Pennsylvania Ballet Association Philadelphia, PA | $31,402,587 | $18,957,678 |
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 |
Princeton Ballet Society New Brunswick, NJ | $2,389,360 | $4,682,315 |
Youth America Grand Prix Inc New York, NY | $3,021,987 | $5,148,800 |
Central Pa Youth Ballet Carlisle, PA | $5,952,312 | $2,863,907 |
New Jersey Ballet Company Inc Florham Park, NJ | $1,730,612 | $1,894,921 |
American Friends Of Covent Garden The Royal Opera The Royal Ballet New York, NY | $957,784 | $1,833,201 |