Ballet Makers Dance Foundation Inc
- Assets
- $207.0k
- Revenue
- $9.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Totowa, NJ
- Founding
- 02/1958
- Data as of
- 12/2022
- EIN
- 13-6161198
Organization Overview
Ballet Makers Dance Foundation Inc is located in Totowa, NJ. The organization was established in 1958. 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 Makers Dance Foundation 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 12/2022, Ballet Makers Dance Foundation Inc generated $9.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (27.6%) each year. All expenses for the organization totaled $5.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (31.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Giacoio President | 1 | $0 | |
Marc Terlizzi Secretary | 1 | $0 | |
Michael Terlizzi Director | 1 | $0 | |
N Paul Terlizzi Director | 1 | $0 | |
William Rooney Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,000 |
| Interest on Savings | $1,030 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,030 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,465 |
| Total operating and administrative expenses | $5,465 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $5,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,932 |
| Savings and temporary cash investments | $204,064 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $206,996 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ballet Makers Dance Foundation Inc has awarded $24,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
DEBBIE ALLEN DANCE ACADEMY PURPOSE: GENERAL SUPPORT FOR DANCE PROGRAMS AND RELATED PERFORMANCE ACTIVITIES | $3,000 |
MICHELLE DORRANCE PURPOSE: GENERAL SUPPORT FOR DANCE PROGRAMS AND RELATED PERFORMANCE ACTIVITIES | $5,000 |
STEFFAN CLEMENTE PURPOSE: GENERAL SUPPORT FOR DANCE PROGRAMS AND RELATED PERFORMANCE ACTIVITIES | $5,000 |
SAVION GLOVER CO SAVION GLOVER PROD PURPOSE: GENERAL SUPPORT FOR DANCE PROGRAMS AND RELATED PERFORMANCE ACTIVITIES | $1,500 |
DAVID PARSONS PURPOSE: GENERAL SUPPORT FOR DANCE PROGRAMS AND RELATED PERFORMANCE ACTIVITIES | $5,000 |
WENDY WHELAN PURPOSE: GENERAL SUPPORT FOR DANCE PROGRAMS AND RELATED PERFORMANCE ACTIVITIES | $5,000 |