Coastal Youth Ballet Theatre
- Assets
- $89.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Myrtle Beach, SC
- Founding
- 12/2007
- Data as of
- 12/2023
- EIN
- 20-5475724
Organization Overview
Coastal Youth Ballet Theatre is located in Myrtle Beach, SC. The organization was established in 2007. 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. Coastal Youth Ballet Theatre 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 12/2023, Coastal Youth Ballet Theatre generated $192.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $170.0k during the year ending 12/2023. While expenses have increased by 4.4% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COASTAL YOUTH BALLET THEATRE PRESENTED THE NUTCRACKER BALLET PERFORMANCES DRAWING AN AUDIENCE OF APPROXIMATELY 3,000 FROM THE GRAND STRAND COMMUNITY. THE CAST COMPOSED PRIMARILY OF 70 YOUTH PERFORMERS AGED 5 TO 18 GAINED VALUABLE EXPERIENCE IN DANCE AND STAGE PERFORMANCE CONTRIBUTING TO THEIR ARTISTIC AND PERSONAL DEVELOPMENT. EXPENSES FOR THIS PROGRAM INCLUDED VENUE RENTAL PERSONNEL COSTS COSTUMES PROPS AND ADVERTISING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna L Mata Artistic Executive Director | 26 | $23,000 | |
Elizabeth Snoderly Chairwoman | 0 | $0 | |
Hajar Alami Newsome Treasurer | 0 | $0 | |
Marian Pavy Board Member | 0 | $0 | |
Peggy Pitoscia Board Member | 10 | $2,525 | |
Andrea Merisotis Snow Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,489 |
| Total Program Service Revenue | $176,945 |
| Membership dues | $0 |
| Investment income | $237 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $192,671 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $88,282 |
| Occupancy, rent, utilities, and maintenance | $27,549 |
| Printing, publications, postage, and shipping | $4,910 |
| Other expenses | $49,278 |
| Total expenses | $170,019 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,482 |
| Other assets | $0 |
| Total assets | $89,482 |
| Total liabilities | $143 |
| Net assets or fund balances | $89,339 |