Delta Festival Ballet
- Assets
- $296.2k
- Revenue
- $267.5k
- Investments
- $0.0
- Employees
- 54
- Location
- Metairie, LA
- Founding
- 09/1970
- Data as of
- 06/2023
- EIN
- 23-7057459
Organization Overview
Delta Festival Ballet is located in Metairie, LA. The organization was established in 1970. 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 06/2024, Delta Festival Ballet employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delta Festival Ballet 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 06/2023, Delta Festival Ballet generated $267.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $293.7k during the year ending 06/2023. 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
THE MISSION OF DELTA FESTIVAL BALLET IS TO FOSTER AN APPRECIATION OF THE BALLET ART FORM IN THE GREATER NEW ORLEANS AREA AND THROUGHOUT LOUISIANA. TO ACHIEVE THIS MISSION, DELTA FESTIVAL BALLET WILL:
Describe the Organization's Program Activity:
Part 3 - Line 4a
DELTA FESTIVAL BALLETS ANNUAL HOLIDAY SEASON OFFERING OF THE NUTCRACKER IS THE COMPANYS CORNERSTONE AND SINGLE PROGRAM SERVICE. NUTCRACKER WAS HELD ON DECEMBER 16TH AND 17TH, 2023 AT THE MAHALIA JACKSON THEATRE, IN NEW ORLEANS. BEGUN IN 1981 AND INTERUPTED ONLY ONCE IN 2005 BY HURRICANE KATRINA, DELTAS ANNUAL PRESENTATION OF THE NUTCRACKER IS THE MOST LAVISH PRODUCTION IN THE NEW ORLEANS AREA, WITH A CAST OF MORE THAN 100 DANCERS, ELABORATE SETS AND BEAUTIFUL COSTUMES. DELTAS IS ALSO THE ONLY PRODUCTION OF THE NUTCRAKER IN THE AREA USING LIVE MUSIC PROVIDED BY THE LOUISIANA PHILHARMONIC ORCHESTRA. THE PRODUCTIONS QUALITY IS ROUNDED OUT BY THE ARTISTRY OF ACCLAIMED PROFESSIONAL DANCERS. THIRTEEN PROFESSIONAL DANCERS PERFORMED THE PRINCIPAL ROLES. THE CAST IS ROUNDED OUT WITH STUDENT DANCERS AGES 6 TO 18 CHOSEN THROUGH OPEN AUDITIONS. THIS ALLOWS ASPIRING DANCERS THE UNIQUE OPPORTUNITY TO PERFORM ALONGSIDE ACCOMPLISHED PROFESSIONALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Patrick President | Officer | 1 | $0 |
Virginia Lahatte Board Member | Trustee | 1 | $0 |
Charles Schlosser Board Member | Trustee | 1 | $0 |
Jeffrey Surcouf Board Member | Trustee | 1 | $0 |
Linda Fried Board Member | Trustee | 1 | $0 |
Pamela Martin Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,360 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $572 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,432 |
| Total Program Service Revenue | $102,202 |
| 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 | $0 |
| Net Income from Gaming Activities | $157,899 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $267,533 |
| 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 | $40,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,349 |
| 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 | $0 |
| Advertising and promotion | $19,840 |
| Office expenses | $1,516 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $1,658 |
| All other expenses | $166,533 |
| Total functional expenses | $293,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $281,150 |
| Savings and temporary cash investments | $14,477 |
| 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 | $525 |
| Total assets | $296,152 |
| Accounts payable and accrued expenses | $260 |
| 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 | $260 |
| Net assets without donor restrictions | $295,892 |
| 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 | $296,152 |