Metropolitan Ballet Company is located in Jenkintown, PA. The organization was established in 2001. 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. Metropolitan Ballet Company 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 12/2023, Metropolitan Ballet Company generated $218.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $209.4k during the year ending 12/2023. While expenses have increased by 3.9% 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
METROPOLITAN BALLET COMPANY'S MISSION IS TO PROVIDE PERFORMANCE TRAINING FOR PRE-PROFESSIONAL DANCERS, SUPPORT EMERGING CHOREOGRAPHERS, AND THROUGH PERFORMANCES, SCHOLARSHIPS, AND COMMUNITY OUTREACH PROGRAMS, PROMOTE A LOVE AND APPRECIATION OF DANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRE-PROFESSIONAL PERFORMING COMPANY IMPARTS BOYS AND GIRLS AGES 11-18 WITH VALUABLE LIFE AND PERFORMANCE SKILLS, AND NURTURES THOSE STUDENTS WHO WISH TO PURSUE A CAREER IN DANCE. YOUNG DANCERS ARE EXPOSED TO TECHNIQUE AND TEACHING BY SOME OF THE DANCE WORLD'S MOST ILLUSTRIOUS ARTISTS THROUGH MASTER CLASSES AND WORKSHOPS, AND PRACTICE THE ART OF PERFORMANCE IN AN ANNUAL SEASON THAT PRESENTS BOTH TRADITIONAL AND CONTEMPORARY DANCE. METROPOLITAN ALSO COMMISSIONS NEW CHOREOGRAPHY FROM ACCLAIMED AND EMERGING ARTISTS, DIRECTLY INVOLVING OUR YOUNG DANCERS IN THE CREATIVE PROCESS, AND INTRODUCING NEW AUDIENCES TO A DEVELOPING ART FORM. STUDENTS IN THE PRE-PROFESSIONAL PROGRAM REGULARLY EARN SCHOLARSHIPS TO PRESTIGIOUS SUMMER AND YEAR-ROUND DANCE PROGRAMS ACROSS AMERICA AND ABROAD, AND MANY OF OUR ALUMNI ARE PERFORMING PROFESSIONALLY, INCLUDING AT SAN FRANCISCO BALLET, PENNSYLVANIA BALLET, CINCINNATI BALLET, COLORADO BALLET, CHARLOTTE BALLET, ON BROADWAY, AND MORE. THEIR RIGOROUS CLASSICAL TRAINING AND MANY PERFORMANCE OPPORTUNITIES PROVIDE A FRAMEWORK FOR SUCCESS, WHETHER PURSUING A CAREER IN THE PERFORMING ARTS, COLLEGE OR OTHER CAREERS.
THE BOYS' SCHOLARSHIP PROGRAM PROVIDES TUITION-FREE DANCE TRAINING IN ALL-MALE CLASSES DESIGNED TO ENHANCE ATHLETICISM, FLEXIBILITY AND STRENGTH. THE TRAINING ALSO DEVELOPS VALUABLE LIFE SKILLS OF TEAMWORK, TENACITY, AND TIME MANAGEMENT. APPROXIMATELY 55 BOYS AGES 7-18 ENROLL EACH YEAR TO STUDY BEGINNING, INTERMEDIATE, AND ADVANCED BALLET WITH DISTINGUISHED MALE DANCERS, WHO SERVE AS TEACHERS AND ROLE MODELS, WHILE ADDRESSING BOYS' UNIQUE LEARNING STYLES. SINCE 1999, METROPOLITAN HAS PROVIDED MORE THAN $1 MILLION IN SCHOLARSHIP FUNDS TO BOYS, MANY OF WHOM WOULD NOT OTHERWISE BE ABLE TO AFFORD CLASSES.
THE KINETIC LITERACY PROGRAM (KLP), IN PARTNERSHIP WITH THE SCHOOL DISTRICT OF PHILADELPHIA SINCE 2008, IS A STANDARDS BASED, INTEGRATED ACADEMIC PROGRAM WHICH COMBINES VISUAL, AUDITORY, AND KINESTHETIC METHODOLOGIES TO ENHANCE AND INVIGORATE THE MATH AND ENGLISH /LANGUAGE ARTS SKILLS BUILDING FOR DISTRICT STUDENTS IN KINDERGARTEN THROUGH 2ND GRADE. GIVEN AS ON-SITE CLASSROOM INSTRUCTION, DURING THE SCHOOL DAY, THE PROGRAM SERVES MORE THAN 450 K- 2ND GRADE ELEMENTARY SCHOOL STUDENTS WITH 88 CLASSES ANNUALLY IN THREE PUBLIC SCHOOLS. CURRICULUM FOR ITS TWO INNOVATIVE COMPONENTS, READING MOVES ME AND M3 = MATH X MUSIC X MOVEMENT IS ALIGNED WITH PENNSYLVANIA CORE STANDARDS AND GROUNDED IN STANDARDS FOR MATHEMATICAL PRACTICE. KLP STUDENTS ALSO ATTEND A FREE, FULLY PRODUCED DANCE PERFORMANCE ESPECIALLY CREATED FOR CHILDREN EACH YEAR, WHICH INCORPORATES LITERATURE THAT THE CHILDREN STUDY IN THEIR CLASSROOMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julie Price President | Trustee | 10 | $0 |
Janet Blenheim Director | Trustee | 1 | $0 |
Hedra Packman Treasurer | Trustee | 1 | $0 |
Kora Peck Director | Trustee | 1 | $0 |
Lisa Collins-Vidnovic Artistic & Executive Direc | Trustee | 1 | $0 |
David Ballard Secretary | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $139,479 |
Noncash contributions included in lines 1a–1f | $2,400 |
Total Revenue from Contributions, Gifts, Grants & Similar | $139,479 |
Total Program Service Revenue | $65,684 |
Investment income | $2,807 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $10,443 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $218,413 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $19,918 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $30,787 |
Advertising and promotion | $850 |
Office expenses | $3,652 |
Information technology | $2,012 |
Royalties | $0 |
Occupancy | $15,160 |
Travel | $398 |
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 | $0 |
Insurance | $1,104 |
All other expenses | $5,657 |
Total functional expenses | $209,438 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $128,181 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $128,181 |
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 | $128,181 |
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 | $0 |
Total liabilities and net assets/fund balances | $128,181 |