Pennsylvania Academy Of Ballet Society Inc
- Assets
- $41.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Narberth, PA
- Founding
- 01/1986
- Data as of
- 12/2021
- EIN
- 23-2357225
Organization Overview
Pennsylvania Academy Of Ballet Society Inc is located in Narberth, PA. The organization was established in 1986. 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. Pennsylvania Academy Of Ballet Society 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 12/2021, Pennsylvania Academy Of Ballet Society Inc generated $48.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $66.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Mcgahey Director | 2 | $0 | |
Elizabeth Durso Treasurer | 5 | $0 | |
John White Director | 2 | $0 | |
Dan Mcgahey Director | 2 | $0 | |
Frances Mcelroy President | 5 | $0 | |
Eva Kay Noone Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,504 |
| Total Program Service Revenue | $13,188 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $466 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,158 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,503 |
| Professional fees and other payments to independent contractors | $616 |
| Occupancy, rent, utilities, and maintenance | $19,677 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,017 |
| Total expenses | $66,813 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,533 |
| Other assets | $0 |
| Total assets | $41,621 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,621 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Pennsylvania Academy Of Ballet Society Inc has recieved totaling $11,279.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $11,187 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $92 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
New Jersey Ballet Company Inc Florham Park, NJ | $1,730,612 | $1,894,921 |