Pennsylvania Ballet Association
- Assets
- $31.4m
- Revenue
- $19.0m
- Investments
- $0.0
- Employees
- 199
- Location
- Philadelphia, PA
- Founding
- 02/1964
- Data as of
- 07/2021
- EIN
- 23-1629970
Organization Overview
Pennsylvania Ballet Association is located in Philadelphia, PA. The organization was established in 1964. 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 07/2021, Pennsylvania Ballet Association employed 199 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennsylvania Ballet Association 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 07/2021, Pennsylvania Ballet Association generated $19.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $9.1m during the year ending 07/2021. 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 CULTIVATE AN ENDURING APPRECIATION FOR DANCE THROUGH WORLD CLASS PERFORMANCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS ONE OF THE LARGEST PERFORMING ARTS ORGANIZATIONS IN THE PHILADELPHIA REGION. DURING FISCAL YEAR 2021, IT EMPLOYED 46 DANCERS AND PRESENTED 5 DIGITAL PRODUCTIONS, INCLUDING 'THE NUTCRACKER'. ITS REPERTOIRE INCLUDES BOTH CLASSIC AND CONTEMPORARY WORKS WHICH WERE PERFORMED TO AN AUDIENCE OF APPROXIMATELY 9,000 HOUSEHOLDS AND VIEWED ALMOST 25,000 TIMES ACROSS THE ENTIRE REPERTORY.
THE SCHOOL OF PENNSYLVANIA BALLET PROVIDES THE HIGHEST LEVEL OF BALLET TRAINING FOR ITS STUDENTS AND EXPOSES STUDENTS TO THE WORLD OF PROFESSIONAL DANCE THROUGH REGULAR INTERACTION WITH COMPANY MEMBERS AND ARTISTIC STAFF AND PERFORMANCE OPPORTUNITIES WITH THE COMPANY.
IN 1996, PHILADELPHIA BALLET LAUNCHED ITS AWARD-WINNING COMMUNITY EDUCATION AND PUBLIC PROGRAMS. IN 2021/2022 THESE PROGRAMS SERVE OVER 30,000 PEOPLE ACROSS OUR REGION WITH A VARIETY OF ACTIVITIES, 90% OF WHICH ARE OFFERED FREE OF CHARGE. THROUGH SCHOOL BASED, IN-THEATER PROGRAMMING, PUBLIC ART INSTALLATION AND PERFORMANCE, PHILADELPHIA BALLET PROVIDES RICH ACCESS TO DANCE CREATING A CONNECTION TO THE ARTS. PHILADELPHIA BALLET'S COMMUNITY EDUCATION AND PUBLIC PROGRAMMING COLLABORATES WITH SCHOOLS AND ORGANIZATIONS ACROSS THE CITY, PROVIDING ACCESS TO DANCE FOR YOUNG PEOPLE AND ADULTS, CREATING A CONNECTION TO THE ARTS AS WELL AS DEVELOPING NEW SKILLS THROUGH A VARIETY OF OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelly Power Executive Director | OfficerTrustee | 40 | $208,138 |
Angel Corella Artistic Director | OfficerTrustee | 40 | $192,685 |
Christine Stone Martin General Manager | 40 | $114,870 | |
Anthony B Haller ESQ Vice-President | OfficerTrustee | 2 | $0 |
David Hoffman Chair | OfficerTrustee | 2 | $0 |
Deborah Gill Hilzinger Vice-Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Radar Nonprofit Solutions Llc Financial Services | 7/30/21 | $125,000 |
Karma Agency Public Relations | 7/30/21 | $199,130 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $206,723 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,950,610 |
| Noncash contributions included in lines 1a–1f | $2,277,100 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,157,333 |
| Total Program Service Revenue | $1,075,278 |
| Investment income | $17,302 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,034 |
| Net Income from Fundraising Events | -$298,641 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,957,678 |
| 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. | $436,108 |
| Compensation of current officers, directors, key employees. | $228,427 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,516,509 |
| Pension plan accruals and contributions | $76,342 |
| Other employee benefits | $505,003 |
| Payroll taxes | $400,714 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,800 |
| Fees for services: Accounting | $398,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,960 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $653,379 |
| Advertising and promotion | $99,843 |
| Office expenses | $375,591 |
| Information technology | $178,787 |
| Royalties | $49,594 |
| Occupancy | $416,933 |
| Travel | $161,928 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,520 |
| Interest | $169,945 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $468,065 |
| Insurance | $345,327 |
| All other expenses | $142,025 |
| Total functional expenses | $9,135,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,516,519 |
| Pledges and grants receivable | $12,335,226 |
| Accounts receivable, net | $15,687 |
| 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 | $69,897 |
| Net Land, buildings, and equipment | $13,425,072 |
| Investments—publicly traded securities | $1,902,216 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $137,970 |
| Total assets | $31,402,587 |
| Accounts payable and accrued expenses | $255,790 |
| Grants payable | $0 |
| Deferred revenue | $756,231 |
| 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 | $4,102,241 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,114,262 |
| Net assets without donor restrictions | $7,915,826 |
| Net assets with donor restrictions | $18,372,499 |
| 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 | $31,402,587 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pennsylvania Ballet Association has recieved totaling $0.
| Awarding Organization | Amount |
|---|---|
Philadelphia Fountain Society Philadelphia, PA PURPOSE: ASSIST MISSION | $0 |
Endowment Analysis
| Beg. Balance | $3,265,362 |
| Earnings | $306,317 |
| Net Contributions | $345,044 |
| Other Expense | $1,195,158 |
| Ending Balance | $2,721,565 |
Peer Organizations
| 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 |
Cincinnati Ballet Company Inc Cincinnati, OH | $28,225,838 | $12,007,959 |
Ballet Metropolitan Inc Columbus, OH | $13,150,540 | $7,739,690 |
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 |
Maryland Youth Ballet Inc Silver Spring, MD | $1,538,079 | $2,049,323 |
Central Pa Youth Ballet Carlisle, PA | $5,952,312 | $2,863,907 |
Cleveland Ballet Cleveland, OH | $349,870 | $2,048,614 |
Dancemakers Inc Lanham, MD | $310,676 | $1,678,634 |