Ballet Education & Scholarship Fund
- Assets
- $6.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St James, NY
- Founding
- 06/1985
- Data as of
- 12/2021
- EIN
- 11-2552242
Organization Overview
Ballet Education & Scholarship Fund is located in St James, NY. The organization was established in 1985. 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. Ballet Education & Scholarship Fund 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 12/2021, Ballet Education & Scholarship Fund generated $36.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.0%) each year. All expenses for the organization totaled $34.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.6%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
BY PROVIDING GRANTS AND SCHOLARSHIPS AND OFFERING WORKSHOPS TO LOCAL DANCERS, BESFI ENABLES YOUNG ARTISTS TO PARTICIPATE IN BALLET PROGRAMS THAT ARE NOT READILY AVAILABLE TO THEM OR WHICH ARE BEYOND THEIR FINANCIAL RESOURCES. BY PROVIDING STAGED DANCE PERFORMANCES, BESFI IS ABLE TO PROMOTE THE ARTS IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valentini D Papadakos Director | 10 | $5,500 | |
Dimitri P Papadakos President | 15 | $2,600 | |
Susan Tuccillio Director | 1 | $0 | |
Lesli Lyon Theobald Director | 1 | $0 | |
Ted Kastrinos Director | 1 | $0 | |
Joanne Beckman-Hertzman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,450 |
| Total Program Service Revenue | $34,890 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,340 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,521 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $14,184 |
| Printing, publications, postage, and shipping | $415 |
| Other expenses | $10,907 |
| Total expenses | $34,027 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,066 |
| Other assets | $0 |
| Total assets | $6,133 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,133 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Mystic Ballet Inc Stonington, CT | $1,878,282 | $1,516,006 |
School Of The Garden State Ballet Rutherford, NJ | $74,306 | $733,673 |
Attack Theatre Incorporated Pittsburgh, PA | $923,327 | $900,550 |
Eastern Connecticut Ballet Inc East Lyme, CT | $112,495 | $656,869 |