Pennsylvania Ballet Association
- Assets
- $32.4m
- Revenue
- $21.4m
- Investments
- $0.0
- Employees
- 318
- Location
- Philadelphia, PA
- Founding
- 02/1964
- Data as of
- 07/2023
- 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 07/2023, Pennsylvania Ballet Association employed 318 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 07/2023, Pennsylvania Ballet Association generated $21.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $19.1m during the year ending 07/2023. While expenses have increased by 4.2% per year over the past 8 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
2023
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 2023, IT EMPLOYED 50 DANCERS IN THE COMPANY AND PRESENTED 6 LIVE PRODUCTIONS, INCLUDING 'THE NUTCRACKER'. AN ADDITIONAL 3 DANCERS WERE EMPLOYED THROUGH THE BALLET'S SECOND COMPANY, PBII. ITS REPERTOIRE INCLUDES BOTH CLASSIC AND CONTEMPORARY WORKS WHICH WERE PERFORMED TO AN AUDIENCE OF MORE THAN 85,000 REPRESENTING MORE THAN 20,300 HOUSEHOLDS, A 43% INCREASE ON FISCAL YEAR 2022. IN ADDITION, THE COMPANY TOURED TO NORFOLK, VIRGINIA AND PARTICIPATED IN OTHER COMMUNITY EVENTS INCLUDING ORGAN DAY AT THE KIMMEL CENTER AND THE FOURTH ANNUAL SPRING FESTIVAL AT RED ROSE FARM. THE TOTAL NUMBER OF PERFORMANCES PRESENTED (INCLUSIVE OF TOURING AND PERFORMANCES OUTSIDE OUR PERFORMANCE HOME)IN FY23 WAS 71.
THE SCHOOL OF PHILADELPHIA 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 FY23 THE SCHOOL REACHED 371 STUDENTS, A 44% INCREASE FROM FISCAL YEAR 2022.
IN 1996, PHILADELPHIA BALLET LAUNCHED ITS AWARD-WINNING COMMUNITY EDUCATION AND PUBLIC PROGRAMS. IN FISCAL YEAR 2023, THESE PROGRAMS SERVED MORE THAN 20,000 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 |
|---|---|---|---|
David Hoffman Chair | OfficerTrustee | 2 | $0 |
Deborah Gill Hilzinger Vice-Chair | OfficerTrustee | 2 | $0 |
Jonathan Stavin Vice-Chair | OfficerTrustee | 2 | $0 |
Anthony B Haller ESQ Vice-President | OfficerTrustee | 2 | $0 |
Georgiana W Noll Vice-President | OfficerTrustee | 2 | $0 |
Michael C Lillys Treasurer | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Varenhorst Architect Services | 7/30/23 | $474,036 |
Radar Nonprofit Solutions Llc Financial Services | 7/30/23 | $403,972 |
Anro Inc Printing And Mailing Services | 7/30/23 | $319,197 |
First Ascent Design Llc Digital Mktg/web Maintenance | 7/30/23 | $173,367 |
Christian Brown Marketing Services | 7/30/23 | $159,177 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $199,399 |
| Related organizations | $0 |
| Government grants | $523,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,862,711 |
| Noncash contributions included in lines 1a–1f | $5,372,842 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,585,110 |
| Total Program Service Revenue | $6,658,697 |
| Investment income | $97,978 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $23,150 |
| Net Gain/Loss on Asset Sales | $60,206 |
| Net Income from Fundraising Events | -$194,452 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,437 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,442,341 |
| 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. | $647,626 |
| Compensation of current officers, directors, key employees. | $323,554 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,150,520 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,031,436 |
| Payroll taxes | $798,096 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $162,002 |
| Fees for services: Accounting | $467,113 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,357,624 |
| Advertising and promotion | $984,338 |
| Office expenses | $386,256 |
| Information technology | $232,892 |
| Royalties | $136,171 |
| Occupancy | $3,000,379 |
| Travel | $606,523 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,009 |
| Interest | $161,676 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $347,201 |
| Insurance | $544,430 |
| All other expenses | $162,372 |
| Total functional expenses | $19,109,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,785,268 |
| Pledges and grants receivable | $7,172,173 |
| Accounts receivable, net | $37,687 |
| 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 | $171,873 |
| Net Land, buildings, and equipment | $14,551,738 |
| Investments—publicly traded securities | $1,579,336 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $137,970 |
| Total assets | $32,436,045 |
| Accounts payable and accrued expenses | $1,819,326 |
| Grants payable | $0 |
| Deferred revenue | $1,593,631 |
| 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 | $4,472,261 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,885,218 |
| Net assets without donor restrictions | $3,453,294 |
| Net assets with donor restrictions | $21,097,533 |
| 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 | $32,436,045 |