Pittsburgh Ballet Theatre Inc

Organization Overview

Pittsburgh Ballet Theatre Inc is located in Pittsburgh, PA. The organization was established in 1971. 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 06/2022, Pittsburgh Ballet Theatre Inc employed 265 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pittsburgh Ballet Theatre 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 06/2022, Pittsburgh Ballet Theatre Inc generated $16.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $12.4m during the year ending 06/2022. While expenses have increased by 3.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE BALLET IS PITTSBURGH'S SOURCE AND AMBASSADOR FOR EXTRAORDINARY BALLET EXPERIENCES.

Describe the Organization's Program Activity:

PRODUCTION AND PERFORMANCE OF BALLET - EXPOSE AUDIENCES, BOTH IN PITTSBURGH AND ON TOUR, TO WORLD-CLASS BALLET THROUGH PRESENTATION OF TRADITIONAL BALLETS BY LEGENDARY MASTERS AND THE COMMISSION AND PRESENTATION OF NEW WORKS BY INNOVATIVE CHOREOGRAPHERS. THERE WERE 35 PERFORMANCES WITH 39,176 PATRONS ATTENDING.


SCHOOL - 980 STUDENTS ARE ENROLLED IN THE PROGRAM WHICH ATTRACTS, DEVELOPS AND RETAINS EXCELLENT DANCERS. THE SCHOOL WORKS TO INSTILL A LONG-TERM VALUE OF THE ART FORM IN EACH STUDENT WHILE EMPHASIZING THE STUDY OF DIVERSE, HIGH QUALITY CURRICULUM IN A POSITIVE AND INSPIRATIONAL LEARNING ENVIRONMENT.


ARTS EDUCATION - SERVES MORE THAN 13,000 ADULTS AND CHILDREN EACH YEAR THROUGH PROGRAMS THAT BROADEN AND DIVERSIFY ACCESS TO THE ART FORM. PROGRAMMING TAKES PLACE BOTH ON THE PBT CAMPUS AND IN SCHOOLS, COMMUNITY CENTERS, LIBRARIES, PUBLIC SPACES AND AT THE THEATER. THE DEPARTMENT ALSO COORDINATES ACCESSIBILITY INITIATIVES, WHICH INCLUDE CLASSES AND PERFORMANCES, AS WELL AS THEATER ACCOMMODATIONS, FOR PATRONS WITH SPECIAL NEEDS. THE DEPARTMENT'S NEEDS-BASED SCHOLARSHIP PROGRAM AFFORDS YOUNG CHILDREN FROM DIVERSE SOCIOECONOMIC BACKGROUNDS THE OPPORTUNITY TO STUDY BALLET AND DANCE AT PBT.


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Board, Officers & Key Employees

Name (title)Compensation
Harris Ferris
Executive Director
$252,225
Jay Romano
Chief Financial Officer
$165,225
Susan Jaffe
Artistic Director
$206,118
Mary Mckinney
Chair
$0
Ayana Teter
Vice Chair
$0
Rich Beaty
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Chatham University
Student Housing
$188,827
Jendoco Construction
Roof Completion/renovations
$130,173
Flyspace Productions
Mobile Stage Set Up
$106,450
Nartak Media Group
Radio/tv/billboard Advertising
$101,874
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$307,025
Related organizations$0
Government grants $4,245,123
All other contributions, gifts, grants, and similar amounts not included above$9,233,384
Noncash contributions included in lines 1a–1f $491,185
Total Revenue from Contributions, Gifts, Grants & Similar$13,785,532
Total Program Service Revenue$4,216,162
Investment income $321,021
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,167,541
Net Income from Fundraising Events -$44,056
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $43,136
Miscellaneous Revenue$0
Total Revenue $16,154,254

Peer Organizations

Organization NameAssets
Ballet Theatre Foundation Inc
New York, NY
$37,444,472
New York City Ballet Inc
New York, NY
$35,122,869
Pennsylvania Ballet Association
Philadelphia, PA
$21,442,341
Cincinnati Ballet Company Inc
Cincinnati, OH
$13,927,552
Pittsburgh Ballet Theatre Inc
Pittsburgh, PA
$16,154,254
Ballet Metropolitan Inc
Columbus, OH
$9,629,111
Dance Theatre Of Harlem Inc
New York, NY
$7,516,917
Youth America Grand Prix Inc
New York, NY
$6,479,632
Ballet Tech Foundation Inc
New York, NY
$6,093,647
Princeton Ballet Society
New Brunswick, NJ
$4,573,316
Central Pa Youth Ballet
Carlisle, PA
$4,544,619
American Friends Of Covent Garden The Royal Opera The Royal Ballet
New York, NY
$3,352,291
Maryland Youth Ballet Inc
Silver Spring, MD
$3,186,551
New Jersey Ballet Company Inc
Florham Park, NJ
$2,295,624
Cleveland Ballet
Cleveland, OH
$2,048,614
Dancemakers Inc
Lanham, MD
$1,898,822
Cincinnati Ballet Holdings Inc
Cincinnati, OH
$479,970
Les Ballets Trockadero De Monte Carlo Inc
New York, NY
$1,701,558
Brooklyn Ballet Inc
Brooklyn, NY
$1,292,591
The Ballet Theatre Of Maryland Incorporated
Annapolis, MD
$1,056,739
Attack Theatre Incorporated
Pittsburgh, PA
$1,326,978
Balletcollective Inc
New York, NY
$886,047
First State Ballet Theatre Inc
Wilmington, DE
$569,448
Eglevsky Ballet Company Of L I Inc
Bethpage, NY
$781,412
Dance Ring
New York, NY
$818,532

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