Princeton Ballet Society is located in New Brunswick, NJ. The organization was established in 1961. 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 06/2022, Princeton Ballet Society employed 106 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Princeton Ballet Society 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 06/2022, Princeton Ballet Society generated $4.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $4.1m during the year ending 06/2022. While expenses have increased by 1.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRINCETON BALLET SOCIETY'S MISSION IS TO BRING THE JOY, BEAUTY, ARTISTRY AND DISCIPLINE OF CLASSICAL AND CONTEMPORARY DANCE TO NEW JERSEY AND BEYOND THROUGH ARTISTIC AND EDUCATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRINCETON BALLET SCHOOL HAS GAINED A NATIONAL REPUTATION FOR ITS EXCELLENT DANCE TRAINING SINCE ITS FOUNDING IN 1954 BY AUDRE ESTEY. PRINCETON BALLET SCHOOL CURRENTLY ENROLLS APPROXIMATELY 600 STUDENTS ANNUALLY FROM AGE THREE THROUGH ADULT AT STUDIOS IN CRANBURY, NEW BRUNSWICK, AND PRINCETON. ALL BALLET CLASSES ARE OFFERED WITH LIVE PIANO ACCOMPANIMENT. MANY OF PRINCETON BALLET SCHOOLS FACULTY MEMBERS HAVE PERFORMED PROFESSIONALLY; OTHERS HAVE ATTAINED GRADUATE DEGREES IN DANCE EDUCATION AND HAVE WON AWARDS FOR THEIR TEACHING. STUDENTS FROM THE SCHOOL HAVE GONE ON TO DANCE ON BROADWAY AND IN PROFESSIONAL BALLET AND CONTEMPORARY DANCE COMPANIES IN THE U.S. AND ABROAD. GRADUATES HAVE DANCED WITH SUCH DIVERSE ORGANIZATIONS AS THE AMERICAN BALLET THEATRE, NEW YORK CITY BALLET, PAUL TAYLOR DANCE COMPANY, MIAMI CITY BALLET, STREB, MOMIX, COMPLEXIONS, MARK MORRIS DANCE COMPANY, TWYLA THARP DANCE, HUBBARD STREET DANCE CHICAGO, PITTSBURGH BALLET THEATRE, NEW YORK THEATRE BALLET, OREGON BALLET THEATRE, BALLET MET COLUMBUS, AND AMERICAN REPERTORY BALLET.
AMERICAN REPERTORY BALLET (ARB) IS NEW JERSEYS PREEMINENT PROFESSIONAL BALLET COMPANY, PRESENTING CLASSICAL AND CONTEMPORARY WORKS TO ENGAGE AND INSPIRE AUDIENCES. FOUNDED IN 1963 AS PART OF THE PRINCETON BALLET SOCIETY, ARB HAS BEEN DESIGNATED A MAJOR ARTS INSTITUTION BY THE NEW JERSEY STATE COUNCIL ON THE ARTS. THE COMPANY HAS ALSO BEEN AWARDED A CITATION OF EXCELLENCE BY THE COUNCIL, AND FREQUENTLY VOTED THE JERSEY ARTS PEOPLES CHOICE AWARD FOR FAVORITE DANCE COMPANY. SINCE 2021, ARB HAS BEEN LED BY THE WORLD-CLASS LEADERSHIP TEAM OF ETHAN STIEFEL, ARTISTIC DIRECTOR; AND GILLIAN MURPHY, ARTISTIC ASSOCIATE. TOGETHER, THEY ARE SHEPHERDING ARB INTO A NEW ERA OF ARTISTIC EXCELLENCE, FUSING STRONG CLASSICAL TECHNIQUE WITH A FRESH CONTEMPORARY APPROACH. ARB DANCERS HAIL FROM THE UNITED STATES, ITALY, JAPAN, FRANCE, BRAZIL, AND MORE, SHARING THEIR UNIQUE TRAINING AND INFLUENCES TO CREATE A DYNAMIC AND VISIONARY TEAM OF ARTISTS. ARB2, AMERICAN REPERTORY BALLETS SECOND COMPANY, IS A DEVELOPMENT COMPANY FOR TALENTED YOUNG DANCERS. THE MISSION OF ARB2 IS TO ADVANCE THE NEXT GENERATION OF ARTISTS AND ENSURE THAT THESE TALENTED YOUNG DANCERS ARE READY FOR THE NEXT STEP IN THEIR CAREERS. DANCERS IN ARB2 WORK DIRECTLY WITH THE MAIN COMPANY ON A DAILY BASIS, TRAINING, REHEARSING AND FREQUENTLY PERFORMING WITH THE PROFESSIONAL COMPANY.
ARBS ACCESS & ENRICHMENT PROGRAMS ARE MULTI-FACETED ENGAGEMENT EFFORTS, SUCH AS IN-SCHOOL RESIDENCIES, COMMUNITY EVENTS, STUDENT MATINEE PERFORMANCES, AND SPECIALLY DESIGNED CLASS OFFERINGS, SUCH AS DANCE FOR PARKINSON'S CLASSES FOR PEOPLE WITH PARKSINON'S DISEASE AND THEIR CAREGIVERS. EACH YEAR, ARB ENGAGES APPROXIMATELY 10,000 CHILDREN AND FAMILIES OF VARYING AGES, ETHNIC AND SOCIO-ECONOMIC BACKGROUNDS THROUGH ITS ACCESS & ENRICHMENT PROGRAMS. ARBS FLAGSHIP RESIDENCY PROGRAM, DANCE POWER IS THE LONGEST CONTINUOUSLY RUNNING COMMUNITY AND ARTS PARTNERSHIP IN THE STATE, SERVING NEARLY 800 NEW BRUNSWICK STUDENTS EACH YEAR. ALL 3RD GRADE STUDENTS IN NEW BRUNSWICK HAVE DANCE POWER INCORPORATED INTO THEIR PHYSICAL EDUCATION CLASS FOR 20 WEEKS. AT THE END OF THE RESIDENCY, 40 SCHOLARSHIPS ARE PRESENTED TO STUDENTS SO THEY CAN CONTINUE DANCING AT PRINCETON BALLET SCHOOL FROM 4TH GRADE THROUGH THEIR SENIOR YEAR OF HIGH SCHOOL ON FULL TUITION SCHOLARSHIP, BECOMING DANCE POWER SCHOLARS. OVER 50,000 PUBLIC SCHOOL STUDENTS IN THE NEW BRUNSWICK AREA HAVE REAPED THE REWARDS OF DANCE EDUCATION THROUGH THIS ACCLAIMED PROGRAM SINCE ITS INCEPTION IN 1986.FOUNDED BY DR. PENELOPE LATTIMER IN COLLABORATION WITH AMERICAN REPERTORY BALLET AND THE NEW BRUNSWICK BOARD OF EDUCATION, THE DANCE POWER CURRICULUM WAS ORIGINALLY WRITTEN BY A COMMITTEE OF DANCE EDUCATORS AND NEW BRUNSWICK SCHOOL ADMINISTRATORS, AND IT REMAINS A WORKING DOCUMENT THAT IS UPDATED REGULARLY TO MEET AND EXCEED THE NEW JERSEY STUDENT LEARNING STANDARDS FOR THE VISUAL AND PERFORMING ARTS. AT THE END OF EACH ACADEMIC YEAR, STUDENTS ARE INVITED TO SHOWCASE THEIR NEW SKILLS FOR FRIENDS AND FAMILY IN A CULMINATING PERFORMANCE. THIS FINAL PERFORMANCE, CALLED WAITING IN THE WINGS, IS HIGHLY-ANTICIPATED AND SERVES AS A POWERFUL VISUAL REMINDER OF THE PROGRAMS IMPACT ON THE LOCAL COMMUNITY. OTHER PROGRAMS HAVE BEEN CREATED AS SUPPLEMENTS TO AND ADAPTATIONS OF DANCE POWER. THESE INITIATIVES INCLUDE DANCE POWER SUMMER CAMP, HIP HOP REVOLUTION (MAKING CONNECTIONS BETWEEN BALLET TECHNIQUE AND OTHER DANCE FORMS, SUCH AS HIP HOP), AND DANCE POWER LIMITLESS (DESIGNED SPECIFICALLY FOR STUDENTS WITH DISABILITIES). IN 2021, DANCE POWER RECEIVED THE DISTINCTION IN DANCE AWARD FROM THE DANCE STUDIES ASSOCIATION. THE ASSOCIATION CITED THE PROGRAMS IMPRESSIVE REACH, QUALITY, AND IMPACT ON THE FIELD OF DANCE STUDIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julie D Hench Executive Dir. | Officer | 40 | $85,875 |
Dawn M Dell'omo COO | Officer | 40 | $58,065 |
Susan Croll Vice Chair | OfficerTrustee | 1 | $0 |
Daphne Jones Secretary | OfficerTrustee | 1 | $0 |
Donnajean Fredeen Chair | OfficerTrustee | 1 | $0 |
Charles Metcalf Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $37,118 |
Related organizations | $0 |
Government grants | $2,089,652 |
All other contributions, gifts, grants, and similar amounts not included above | $481,421 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,608,191 |
Total Program Service Revenue | $2,003,265 |
Investment income | $29,890 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $38,313 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,682,315 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $160,084 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $143,940 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,666,983 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $127,615 |
Payroll taxes | $161,747 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,104 |
Fees for services: Accounting | $24,286 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,797 |
Fees for services: Other | $249,240 |
Advertising and promotion | $251,995 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $664,688 |
Travel | $75,193 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $16,047 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $98,484 |
Insurance | $25,830 |
All other expenses | $12,488 |
Total functional expenses | $4,147,485 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $283,127 |
Savings and temporary cash investments | $6,900 |
Pledges and grants receivable | $263,996 |
Accounts receivable, net | $27,832 |
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 | $34,867 |
Net Land, buildings, and equipment | $929,982 |
Investments—publicly traded securities | $787,511 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $29,007 |
Other assets | $26,138 |
Total assets | $2,389,360 |
Accounts payable and accrued expenses | $74,143 |
Grants payable | $0 |
Deferred revenue | $622,333 |
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 | $428,093 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $110,665 |
Total liabilities | $1,235,234 |
Net assets without donor restrictions | $1,021,307 |
Net assets with donor restrictions | $132,819 |
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 | $2,389,360 |
Over the last fiscal year, we have identified 5 grants that Princeton Ballet Society has recieved totaling $183,858.
Awarding Organization | Amount |
---|---|
Princeton Area Community Foundation Inc Lawrenceville, NJ PURPOSE: general support | $88,200 |
The@macmillan Family Foundation Inc New York, NY PURPOSE: GENERAL PURPOSE | $75,000 |
Parkinsons Foundation Inc Miami, FL | | $20,300 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $108 |
Beg. Balance | $148,419 |
Ending Balance | $148,419 |
Organization Name | Assets | Revenue |
---|---|---|
Pittsburgh Ballet Theatre Inc Pittsburgh, PA | $29,203,539 | $16,154,254 |
Pennsylvania Ballet Association Philadelphia, PA | $31,402,587 | $18,957,678 |
Dance Theatre Of Harlem Inc New York, NY | $25,291,917 | $7,150,839 |
Ballet Tech Foundation Inc New York, NY | $31,444,283 | $5,751,049 |
Princeton Ballet Society New Brunswick, NJ | $2,389,360 | $4,682,315 |
Youth America Grand Prix Inc New York, NY | $3,021,987 | $5,148,800 |
Central Pa Youth Ballet Carlisle, PA | $5,952,312 | $2,863,907 |
New Jersey Ballet Company Inc Florham Park, NJ | $1,730,612 | $1,894,921 |
American Friends Of Covent Garden The Royal Opera The Royal Ballet New York, NY | $957,784 | $1,833,201 |
School Of The Garden State Ballet Rutherford, NJ | $74,306 | $733,673 |
Attack Theatre Incorporated Pittsburgh, PA | $923,327 | $900,550 |
Brooklyn Ballet Inc Brooklyn, NY | $760,063 | $1,225,317 |