Ballet Artists Of Wny Inc
- Assets
- $536.6k
- Revenue
- $694.4k
- Investments
- $0.0
- Employees
- 11
- Location
- Bufflo, NY
- Founding
- 06/1999
- Data as of
- 07/2024
- EIN
- 16-1566576
Organization Overview
Ballet Artists Of Wny Inc is located in Bufflo, NY. The organization was established in 1999. 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 07/2024, Ballet Artists Of Wny Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ballet Artists Of Wny 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 07/2024, Ballet Artists Of Wny Inc generated $694.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $737.7k during the year ending 07/2024. While expenses have increased by 6.1% per year over the past 8 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND MAKE ACCESSIBLE, EXCEPTIONAL ARTISTRY THROUGH CLASSICAL BALLET TRAINING, PERFORMANCES AND COMMUNITY ENGAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PRESERVE AND MAKE ACCESSIBLE, EXCEPTIONAL ARTISTRY THROUGH CLASSICAL BALLET TRAINING, PERFORMANCES AND COMMUNITY ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heidi Halt Neglia Executive Dir. | Officer | 40 | $74,255 |
Sergio Neglia Artistic Dir. | Officer | 40 | $72,755 |
Bronwen Battaglia Director - Comm | Officer | 24 | $40,556 |
Kim Nicosia Director - Adv. | Officer | 20 | $27,696 |
Brian Pagkos Board Chairman | OfficerTrustee | 5 | $0 |
Margaret Wietig Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $136,795 |
| All other contributions, gifts, grants, and similar amounts not included above | $167,921 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $304,716 |
| Total Program Service Revenue | $389,029 |
| Investment income | $658 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $694,403 |
| 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. | $179,343 |
| Compensation of current officers, directors, key employees. | $70,706 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,289 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $68,614 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,477 |
| Advertising and promotion | $19,278 |
| Office expenses | $34,816 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $86,949 |
| Travel | $72,503 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $232 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,226 |
| Insurance | $9,028 |
| All other expenses | $1,916 |
| Total functional expenses | $737,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,418 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,406 |
| 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 | $6,475 |
| Net Land, buildings, and equipment | $357,614 |
| Investments—publicly traded securities | $53,698 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $536,611 |
| Accounts payable and accrued expenses | $36,774 |
| 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 | $36,774 |
| Net assets without donor restrictions | $499,837 |
| Net assets with donor restrictions | $0 |
| 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 | $536,611 |