Ballet Hispanico Of New York is located in New York, NY. The organization was established in 1971. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Ballet Hispanico Of New York employed 115 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ballet Hispanico Of New York 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 06/2022, Ballet Hispanico Of New York generated $5.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $9.5m during the year ending 06/2022. While expenses have increased by 7.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BALLET HISPANICO OF NEW YORK, INC. BRINGS COMMUNITIES TOGETHER TO CELEBRATE AND EXPLORE LATINO CULTURES THROUGH INNOVATIVE PRODUCTIONS, TRANSFORMATIVE DANCE TRAINING, AND COMMUNITY ENGAGEMENT. THE ORGANIZATION PROVIDES A YEAR-ROUND PROGRAM OF EXTRA-CURRICULAR AND PRE-PROFESSIONAL DANCE TRAINING AT ITS STUDIOS AS WELL AS EXTENDED DANCE EDUCATION RESIDENCIES IN PUBLIC SCHOOLS AND COMMUNITY CENTERS THROUGHOUT THE NEW YORK CITY AREA. THE PROFESSIONAL DANCE COMPANY PERFORMS NATIONALLY AND INTERNATIONALLY WITH A REPERTORY OF WORKS CHOREOGRAPHED BY ESTABLISHED AND EMERGING ARTISTS OF LATINO DESCENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DANCE COMPANY: THE COMPANY IS A GROUP OF HIGHLY TRAINED PROFESSIONALS WHO PERFORM THE WORKS OF LATINO CHOREOGRAPHERS FOR AUDIENCES AROUND THE WORLD. OUR REPERTORY EXPLORES THE DIVERSITY OF LATINO CULTURES AND BRINGS INNOVATIVE WAYS OF EXPERIENCING AND SHARING A CULTURAL DIALOGUE. REPRESENTING A MULTITUDE OF NATIONALITIES, OUR ARTISTS REFLECT THE EVER-CHANGING FACE OF OUR NATION.
THE SCHOOL OF DANCE: THE BALLET HISPANICO SCHOOL OF DANCE TRAINS ECLECTIC, VERSATILE DANCERS WHO STAND OUT IN A COMPETITIVE PROFESSIONAL ENVIRONMENT FOR THEIR MASTERY OF THE CLASSICAL BALLET TRADITION, CONTEMPORARY TECHNIQUES, AND SPANISH DANCE. ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF DANCE, THE SCHOOL EMPOWERS STUDENTS BY OFFERING A HOLISTIC APPROACH TO MOVEMENT DISCOVERY, INCLUDING PRE-PROFESSIONAL TRAINING AND CLASSES FOR THE NOVICE DANCER. THE SCHOOL ALSO OFFERS ADULT CLASSES AND WORKSHOPS THAT PROVIDE CULTURAL ENRICHMENT AND THE JOY OF DANCE TO EVERYONE.
COMMUNITY ARTS PARTNERSHIPS:COMMUNITY ARTS PARTNERSHIPS (CAP) PROVIDE EXPLORATORY LEARNING EXPERIENCES OF LATINO CULTURE IN SCHOOLS, BUSINESS, AND COMMUNITY CENTERS, PUBLIC SPACES AND AT UNIVERSITY CAMPUSES. CAP INCLUDES IN-SCHOOL AND AFTER-SCHOOL DANCE RESIDENCIES THAT UNITE TEACHING ARTISTS WITH THE SCHOOL COMMUNITY, INTERACTIVE PERFORMANCES FEATURING OUR SECOND COMPANY, BHDOS, AND TEACHER TRAINING SESSIONS, CLASSROOM WORKSHOPS AND MASTER CLASSES WITH BALLET HISPNICO S EXTRAORDINARY COMPANY MEMBERS. CAP BRINGS THE ENJOYMENT OF LATINO DANCE TRADITIONS TO COUNTLESS THOUSANDS ACROSS THE COUNTRY. THE CAP MENU OF ACTIVITIES IN NEW YORK CITY OFFERS IN-SCHOOL OR AFTER-SCHOOL ARTS AND EDUCATION RESIDENCIES, WORKSHOPS IN DANCE FORMS FROM SPAIN AND LATIN AMERICA, INTERACTIVE PERFORMANCES BY OUR TEACHING ARTISTS, AND OUR BALLET HISPNICO REPERTORY EXCERPTS IN OUR PERFORMANCES FOR YOUNG PEOPLE (PYP). THE CONTRAST OF DANCE STYLES AND GENRES WITHIN OUR CAP PROGRAM WILL ALLOW THE STUDENTS TO WIDEN THEIR PERSPECTIVES OF DANCE AND CULTURE WHILE CELEBRATING THE RICH DIVERSITY IN OUR COMMUNITY'S HERITAGE
ARNHOLD CENTER & OTHER COMMUNITY ENGAGEMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eduardo Norfleet-Vilaro CEO & Artistic Director | Officer | 40 | $297,745 |
Lorraine Lahuta Chief Development Officer | Officer | 40 | $206,506 |
Fredrick Pandian Chief Financial Officer | Officer | 40 | $166,227 |
Joshua Preston Chief Operating Officer | Officer | 40 | $158,330 |
Tamia Blackman-Santana Chief Engagement & Administration Officer | Officer | 40 | $7,500 |
James F Mccoy Vice President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $664,271 |
Related organizations | $0 |
Government grants | $541,300 |
All other contributions, gifts, grants, and similar amounts not included above | $1,922,333 |
Noncash contributions included in lines 1a–1f | $105,709 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,127,904 |
Total Program Service Revenue | $2,409,272 |
Investment income | $126,172 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $160,112 |
Net Gain/Loss on Asset Sales | -$53,617 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $5,698 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,803,635 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $375,850 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $986,473 |
Compensation of current officers, directors, key employees. | $171,784 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,142,781 |
Pension plan accruals and contributions | $31,686 |
Other employee benefits | $435,406 |
Payroll taxes | $399,502 |
Fees for services: Management | $0 |
Fees for services: Legal | $31,219 |
Fees for services: Accounting | $36,553 |
Fees for services: Lobbying | $66,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $18,231 |
Fees for services: Other | $629,856 |
Advertising and promotion | $89,649 |
Office expenses | $201,572 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $561,926 |
Travel | $744,078 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $80,634 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $387,682 |
Insurance | $68,972 |
All other expenses | $0 |
Total functional expenses | $9,469,867 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,445,556 |
Savings and temporary cash investments | $5,793 |
Pledges and grants receivable | $2,205,404 |
Accounts receivable, net | $240,891 |
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 | $61,756 |
Net Land, buildings, and equipment | $7,910,507 |
Investments—publicly traded securities | $10,522,690 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $123,808 |
Total assets | $24,516,405 |
Accounts payable and accrued expenses | $298,571 |
Grants payable | $0 |
Deferred revenue | $210,904 |
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 | $2,180,450 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $108,158 |
Total liabilities | $2,798,083 |
Net assets without donor restrictions | $17,807,762 |
Net assets with donor restrictions | $3,910,560 |
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 | $24,516,405 |
Over the last fiscal year, we have identified 1 grants that Ballet Hispanico Of New York has recieved totaling $210,000.
Awarding Organization | Amount |
---|---|
Frances Lear Foundation Harrison, NY PURPOSE: GENERAL SUPPORT | $210,000 |
Beg. Balance | $7,481,852 |
Earnings | -$1,068,415 |
Ending Balance | $6,413,437 |
Organization Name | Assets | Revenue |
---|---|---|
Gina Gibney Dance Inc New York, NY | $10,706,486 | $12,870,414 |
Ballet Hispanico Of New York New York, NY | $24,516,405 | $5,803,635 |
Jacobs Pillow Dance Festival Inc Becket, MA | $50,618,453 | $15,555,045 |
Discalced Inc Brooklyn, NY | $21,807,049 | $14,438,321 |
New York Live Arts Inc New York, NY | $18,773,149 | $10,002,942 |
Paul Taylor Dance Foundation Inc New York, NY | $13,013,484 | $8,150,910 |
Joyce Theater Foundation Inc New York, NY | $65,012,257 | $14,438,714 |
National Dance Institute Inc New York, NY | $32,990,877 | $6,945,631 |
Baryshnikov Arts Center Inc New York, NY | $23,842,997 | $3,582,683 |
Balletx Philadelphia, PA | $5,194,722 | $3,970,836 |
Purelements An Evolution In Dance Brooklyn, NY | $717,420 | $2,009,900 |
Dancing Classrooms Inc New York, NY | $1,646,971 | $2,056,181 |