Shreveport Metropolitan Ballet is located in Shreveport, LA. The organization was established in 1975. According to its NTEE Classification (A62) the organization is classified as: Dance, 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. Shreveport Metropolitan 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 05/2022, Shreveport Metropolitan Ballet generated $444.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $299.8k during the year ending 05/2022. While expenses have increased by 0.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CULTURAL/ ARTISTIC PERFORMANCES TO PROMOTE AND PRESERVE THE ART OF CLASSICAL BALLET IN THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPANY PROVIDES THE OPPORTUNITY FOR YOUNG DANCERS OF THIS AREA TO PERFORM WITH A QUALITY PORFESSIONAL DANCE COMPANY AT LITTLE OR NO COST
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Preston Delaune Secretary | OfficerTrustee | 0 | $0 |
Kaitlyn Brown Vice President | OfficerTrustee | 0 | $0 |
Naomi Fuller Treasurer | OfficerTrustee | 0 | $0 |
Krysta Cyr President | OfficerTrustee | 0 | $0 |
Kate Pedrotty Past President | OfficerTrustee | 0 | $0 |
Arms Brown Board Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $45,770 |
Related organizations | $9,910 |
Government grants | $147,699 |
All other contributions, gifts, grants, and similar amounts not included above | $85,891 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $289,270 |
Total Program Service Revenue | $154,506 |
Investment income | $749 |
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 | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $444,525 |
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 | $20,755 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,984 |
Fees for services: Management | $3,800 |
Fees for services: Legal | $2,074 |
Fees for services: Accounting | $5,063 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $20,358 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $49,507 |
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 | $1,992 |
Insurance | $9,552 |
All other expenses | $37,563 |
Total functional expenses | $299,786 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $132,746 |
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 | $17,896 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $150,642 |
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 | $150,642 |
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 | $150,642 |
Over the last fiscal year, we have identified 2 grants that Shreveport Metropolitan Ballet has recieved totaling $13,803.
Awarding Organization | Amount |
---|---|
Community Foundation Of North Louisiana Shreveport, LA PURPOSE: GIVE FOR GOOD GRANT; CHANCE TO DANCE | $12,803 |
Powers Foundation Inc Shreveport, LA PURPOSE: CHARITABLE | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Dallas Black Dance Theatre Dallas, TX | $3,130,150 | $4,819,312 |
Bruce Wood Dance Co Inc Dallas, TX | $470,098 | $915,210 |
Kids Excel El Paso Inc El Paso, TX | $1,016,521 | $451,099 |
Dance Masters Of America Inc Metairie, LA | $3,462,834 | $1,007,358 |
Allison Orr Dance Inc Austin, TX | $649,640 | $528,274 |
Houston International Dance Coalition Houston, TX | $3,138 | $445,736 |
Dancing Grounds New Orleans, LA | $219,080 | $454,789 |
Open Dance Project Houston, TX | $419,792 | $565,384 |
Visions In Rhythm Austin, TX | $312,220 | $383,155 |
Cangelosi Dance Project Inc Baton Rouge, LA | $106,357 | $398,475 |
Blue Lapis Light Inc Austin, TX | $940,088 | $434,212 |
Shreveport Metropolitan Ballet Shreveport, LA | $150,642 | $444,525 |