Ballet Nebraska
- Assets
- $2.7m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 52
- Location
- Omaha, NE
- Founding
- 11/2009
- Data as of
- 06/2021
- EIN
- 27-1093011
Organization Overview
Ballet Nebraska, operating under the name American Midwest Ballet, is located in Omaha, NE. The organization was established in 2009. 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 06/2021, American Midwest Ballet employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Midwest 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 06/2021, American Midwest Ballet generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 12.3% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
AMB IS A PROFESSIONAL DANCE COMPANY SERVING AUDIENCES IN NEBRASKA, IOWA, AND BEYOND. OUR MISSION IS TO PROVIDE CULTURAL ENRICHMENT THROUGH DANCE PROGRAMS OF THE HIGHEST QUALITY: BREATHTAKING PERFORMANCES, INSPIRING EDUCATION, AND UPLIFTING COMMUNITY ENGAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVICES INCLUDE DANCE PERFORMANCES, EDUCATIONAL PROGRAMS, AND COMMUNITY ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika Overturff Artistic Director & CEO | OfficerTrustee | 65 | $117,231 |
Sharon Mcgill Director | Trustee | 1 | $0 |
Catherine Hall Director | Trustee | 1 | $0 |
Michelle Clark Director | Trustee | 1 | $0 |
Karen Nelsen Director | Trustee | 1 | $0 |
Greta Vaught Board Chair | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $603,375 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,292,236 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,895,611 |
| Total Program Service Revenue | $127,981 |
| Investment income | $2,507 |
| 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 | $2,026,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,940 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $112,302 |
| Compensation of current officers, directors, key employees. | $37,434 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $614,770 |
| Pension plan accruals and contributions | $17,022 |
| Other employee benefits | $0 |
| Payroll taxes | $77,719 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,256 |
| Fees for services: Accounting | $15,501 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $32,048 |
| Office expenses | $33,571 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $57,905 |
| 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 | $1,977 |
| Insurance | $14,759 |
| All other expenses | $0 |
| Total functional expenses | $1,122,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,526 |
| Savings and temporary cash investments | $2,142,801 |
| Pledges and grants receivable | $512,500 |
| Accounts receivable, net | $7,167 |
| 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 | $53,842 |
| Net Land, buildings, and equipment | $2,821 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,731,657 |
| 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 | $182,260 |
| Total liabilities | $182,260 |
| Net assets without donor restrictions | $1,951,897 |
| Net assets with donor restrictions | $597,500 |
| 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 | $2,731,657 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ballet Nebraska has recieved totaling $10,034.
| Awarding Organization | Amount |
|---|---|
Mammel Family Foundation Omaha, NE PURPOSE: Arts, Culture, Humanities | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas City Ballet Association Kansas City, MO | $44,028,561 | $12,814,564 |
Colorado Ballet Company Denver, CO | $10,776,318 | $9,808,216 |
Laurie Foundation For The Performing Arts Columbia, MO | $6,459,045 | $968,148 |
Aspen Santa Fe Ballet Aspen, CO | $7,448,531 | $3,007,327 |
Wonderbound Denver, CO | $4,425,325 | $2,413,096 |
Saint Louis Ballet Company Chesterfield, MO | $736,242 | $1,637,573 |
The Boulder Ballet Boulder, CO | $335,966 | $1,043,375 |
Ballet Nebraska Omaha, NE | $2,731,657 | $2,026,349 |
Canyon Concert Ballet Fort Collins, CO | $1,019,646 | $1,158,468 |
Springfield Ballet Inc Springfield, MO | $732,328 | $681,602 |
Ballet Theatre Of Des Moines West Des Moines, IA | $415,618 | $577,818 |
Omaha Academy Of Ballet Omaha, NE | $2,059,964 | $593,748 |