Ellison Ballet Foundation Inc
- Assets
- $891.6k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 7
- Location
- New York, NY
- Founding
- 01/2007
- Data as of
- 12/2021
- EIN
- 20-3460356
Organization Overview
Ellison Ballet Foundation Inc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2021, Ellison Ballet Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ellison Ballet 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 12/2021, Ellison Ballet Foundation Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 2.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE VERY BEST DANCE EDUCATION TO SERIOUS BALLET STUDENTS IN PREPARATION FOR A SUCCESSFUL CAREER
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FOR A PROFESSIONAL EDUCATION IN BALLET
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Ellison President | OfficerTrustee | 40 | $134,465 |
Diane Stasio Secretary | OfficerTrustee | 40 | $82,681 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $86,365 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,313 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $134,678 |
| Total Program Service Revenue | $1,347,230 |
| Investment income | $17,402 |
| 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 | $1,499,310 |
| 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. | $217,146 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $280,133 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $40,087 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $201,879 |
| Advertising and promotion | $25,444 |
| Office expenses | $10,367 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $225,702 |
| Travel | $9,733 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,033 |
| All other expenses | $15,086 |
| Total functional expenses | $1,504,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $306,046 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $585,543 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $891,589 |
| Accounts payable and accrued expenses | $0 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,607 |
| Total liabilities | $155,607 |
| Net assets without donor restrictions | $0 |
| 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 | $735,982 |
| Total liabilities and net assets/fund balances | $891,589 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Ellison Ballet Foundation Inc has recieved totaling $12,595.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,643 |
Lumen Clarke M Williams Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $202 |
Endowment Analysis
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Williamson College Of The Trades Media, PA | $207,934,843 | $21,643,146 |
O S Johnson School Of Technology Scranton, PA | $30,244,832 | $14,495,079 |
All Our Kin Inc New Haven, CT | $6,225,964 | $7,705,066 |
Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity Exton, PA | $71,995,191 | $16,510,639 |
Philadelphia Technician Training Inc Philadelphia, PA | $9,117,106 | $11,028,900 |
Mason Tenders Training Fund Long Island City, NY | $44,024,998 | $3,801,436 |
North Bennet Street School Boston, MA | $57,772,831 | $8,454,312 |
Charter-Tech High School For The Performing Arts Inc Somers Point, NJ | $10,253,645 | $8,290,315 |
Coop Careers Inc New York, NY | $4,159,202 | $8,380,118 |
American Academy Mcallister Institute Of Funeral Service Inc New York, NY | $4,267,692 | $5,884,780 |