New Jersey Ballet Company Inc

Organization Overview

New Jersey Ballet Company Inc is located in Florham Park, NJ. 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 06/2022, New Jersey Ballet Company Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey Ballet Company 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, New Jersey Ballet Company Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 1.3% 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 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE COMPANY'S MISSION IS TO PROVIDE A FIRST CLASS PROFESSIONAL DANCE COMPANY FOR NEW JERSEY, TO MAINTAIN THE HIGHEST STANDARDS OF ARTISTRY AND REPERTORY, AND TO ENRICH THE CULTURAL EDUCATION OF PUBLIC SCHOOL CHILDREN OF ALL AGES THROUGHOUT NEW JERSEY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COMPANY MAINTAINS AN ANNUAL SCHEDULE OF NEARLY 50 PUBLIC PERFORMANCES AND ACTIVITIES INCLUDING FULL LENGTH CLASSICAL BALLETS, CONTEMPORARY PROGRAMS, REPERTORY CONCERTS, MATINEES FOR CHILDREN, AS WELL AS EDUCATIONAL PROGRAMS AND RESIDENCIES IN SCHOOLS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $559,266
All other contributions, gifts, grants, and similar amounts not included above$574,546
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,133,812
Total Program Service Revenue$443,426
Investment income $1,656
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $316,091
Net Gain/Loss on Asset Sales -$64
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,894,921

Grants Recieved

Over the last fiscal year, we have identified 14 grants that New Jersey Ballet Company Inc has recieved totaling $196,989.

Awarding OrganizationAmount
Geraldine R Dodge Foundation Incorporated

Morristown, NJ

PURPOSE: GENERAL OPERATING SUPPORT

$40,000
Geraldine R Dodge Foundation Incorporated

Morristown, NJ

PURPOSE: GENERAL OPERATING SUPPORT

$40,000
Princeton Area Community Foundation Inc

Lawrenceville, NJ

PURPOSE: New Jersey Arts and Culture Recovery Fund Grant Ap

$22,500
Shubert Foundation Inc

New York, NY

PURPOSE: GENERAL OPERATING

$20,000
Geraldine R Dodge Foundation Incorporated

Morristown, NJ

PURPOSE: GENERAL OPERATING SUPPORT

$20,000
Geraldine R Dodge Foundation Incorporated

Morristown, NJ

PURPOSE: GENERAL OPERATING SUPPORT

$20,000
View Grant Recipient Profile

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