Chautauqua Regional Youth Ballet Inc
- Assets
- $62.2k
- Revenue
- $133.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Jamestown, NY
- Founding
- 10/1987
- Data as of
- 06/2021
- EIN
- 16-1302001
Organization Overview
Chautauqua Regional Youth Ballet Inc is located in Jamestown, NY. The organization was established in 1987. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Chautauqua Regional Youth Ballet Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chautauqua Regional Youth Ballet 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, Chautauqua Regional Youth Ballet Inc generated $133.6k 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 (6.6%) each year. All expenses for the organization totaled $146.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) 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
TO EDUCATE AND TRAIN YOUTHS IN THE FINE ART OF DANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EDUCATE AND TRAIN YOUTHS IN THE FINE ART OF DANCE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Bush Executive Di | Officer | 40 | $31,770 |
Richie Joly President | OfficerTrustee | 1 | $0 |
Twan Leenders Treasurer | OfficerTrustee | 1 | $0 |
Francesca Galbato Secretary | OfficerTrustee | 1 | $0 |
Galena Duba-Weaver Board Direct | Trustee | 0.5 | $0 |
Chris Switala Board Direct | Trustee | 0.5 | $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 | $68,016 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,016 |
| Total Program Service Revenue | $57,928 |
| Investment income | $258 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,411 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $133,620 |
| 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. | $31,770 |
| Compensation of current officers, directors, key employees. | $28,593 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,893 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,565 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,419 |
| Advertising and promotion | $418 |
| Office expenses | $4,981 |
| 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 | $706 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,402 |
| Insurance | $3,507 |
| All other expenses | $2,306 |
| Total functional expenses | $146,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,419 |
| Savings and temporary cash investments | $14,285 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $37,466 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $62,170 |
| Accounts payable and accrued expenses | $6,437 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,437 |
| Net assets without donor restrictions | $42,733 |
| Net assets with donor restrictions | $13,000 |
| 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 | $62,170 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Chautauqua Regional Youth Ballet Inc has recieved totaling $28,833.
| Awarding Organization | Amount |
|---|---|
Reginald A And Elizabeth S Lenna Foundation Inc Lakewood, NY PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Community Foundation For Greater Buffalo Inc Buffalo, NY PURPOSE: CLASSICAL BALLET PRODUCTION | $8,000 |
Carnahan-Jackson Foundation Erie, PA PURPOSE: GENERAL OPERATION | $5,000 |
Holmberg Foundation Inc Jamestown, NY PURPOSE: CHARITABLE | $4,000 |
Ralph C Sheldon Foundation Inc Jamestown, NY PURPOSE: E.D. DISC. - I-PAD FOR STUDIODIRECTOR/STAFF UNRESTRICTED GRANTS | $1,800 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Endowment Analysis
| Net Contributions | $17,800 |
| Other Expense | $4,800 |
| Ending Balance | $13,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manhattan School Of Music New York, NY | $110,734,113 | $63,876,459 |
Franklin Institute Philadelphia, PA | $191,202,786 | $32,040,912 |
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
Artists For Humanity Inc Boston, MA | $38,813,967 | $6,181,666 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |