Eastern Connecticut Ballet Inc
- Assets
- $112.5k
- Revenue
- $656.9k
- Investments
- $0.0
- Employees
- 9
- Location
- East Lyme, CT
- Founding
- 06/1992
- Data as of
- 08/2022
- EIN
- 22-3147794
Organization Overview
Eastern Connecticut Ballet Inc is located in East Lyme, CT. The organization was established in 1992. 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 08/2022, Eastern Connecticut Ballet Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastern Connecticut 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 08/2022, Eastern Connecticut Ballet Inc generated $656.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $699.8k during the year ending 08/2022. 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
TO PROVIDE INSTRUCTION IN BALLET, DANCE AND OTHER PERFORMING ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION OF YOUTHS IN BALLET, DANCE AND OTHER PERFORMING ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Reardon Vice President/director | OfficerTrustee | 1 | $0 |
Lise Reardon President/treasurer | OfficerTrustee | 50 | $0 |
Colleen Shay Director/secretary | OfficerTrustee | 1 | $0 |
Bret Hammen Director | Trustee | 1 | $0 |
David Gellar Director | Trustee | 1 | $0 |
Joyce Wallace Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,804 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,734 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,538 |
| Total Program Service Revenue | $520,010 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,565 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $656,869 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $40,071 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $194,870 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,662 |
| Payroll taxes | $79,763 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,951 |
| Fees for services: Accounting | $4,448 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,635 |
| Office expenses | $2,200 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,074 |
| Travel | $9,353 |
| 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 | $218 |
| Insurance | $5,533 |
| All other expenses | $8,649 |
| Total functional expenses | $699,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,495 |
| 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 | $3,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $112,495 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 | $112,495 |
| Total liabilities and net assets/fund balances | $112,495 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Eastern Connecticut Ballet Inc has recieved totaling $14,091.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,931 |
Dominion Energy Charitable Foundation Richmond, VA PURPOSE: EASTERN CONNECTICUT BALLETS NUTCRACKER FREE TICKET INITIATIVE: ADDRESSING INEQUITY IN THE ARTS | $5,000 |
Pfizer Foundation Inc New York, NY PURPOSE: VOLUNTEER PROGRAM | $1,260 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $850 |
John And Kelly Hartman Foundation West Hartford, CT PURPOSE: CURRENT USE FOR CHARITABLE PURPOSES | $500 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York City Ballet Inc New York, NY | $352,054,118 | $35,122,869 |
Ballet Theatre Foundation Inc New York, NY | $91,391,905 | $56,242,034 |
Boston Ballet Inc Boston, MA | $56,996,958 | $26,750,107 |
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 |
Youth America Grand Prix Inc New York, NY | $3,021,987 | $5,148,800 |
American Friends Of Covent Garden The Royal Opera The Royal Ballet New York, NY | $957,784 | $1,833,201 |
Mystic Ballet Inc Stonington, CT | $1,878,282 | $1,516,006 |
Festival Ballet Providence Providence, RI | $1,446,806 | $2,279,946 |
Eastern Connecticut Ballet Inc East Lyme, CT | $112,495 | $656,869 |
Brooklyn Ballet Inc Brooklyn, NY | $760,063 | $1,225,317 |
Eglevsky Ballet Company Of L I Inc Bethpage, NY | $288,741 | $559,518 |