Ballet Metropolitan Inc, operating under the name Balletmet Columbus Balletmet, is located in Columbus, OH. The organization was established in 1975. 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 06/2023, Balletmet Columbus Balletmet employed 191 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Balletmet Columbus Balletmet 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, Balletmet Columbus Balletmet generated $9.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $8.2m during the year ending 06/2023. While expenses have increased by 3.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
DANCE CREATION AND PERFORMANCES, DANCE ACADEMY INSTRUCTION AND EDUCATION/COMMUNITY OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL COMPANY PERFORMANCES - BALLETMET IS ONE OF COLUMBUS'S LARGEST PERFORMING ARTS ORGANIZATIONS AND AMONG THE NATION'S TOP BALLET COMPANIES. A RESIDENT COMPANY OF 26 PROFESSIONAL DANCERS PERFORMS AN ANNUAL SEASON OF 60-90 PERFORMANCES, WITH A REPERTOIRE RANGING FROM CLASSICAL BALLETS TO CONTEMPORARY MASTERWORKS. THE COMMISSION AND PERFORMANCE OF NEW WORKS IS A CORE PRIORITY AND AN ESSENTIAL ORGANIZATIONAL FOCUS, AND BALLETMET HAS COMMISSIONED THE WORLD'S MOST HIGHLY SOUGHT AFTER CHOREOGRAPHERS. CONTINUED ON SCHEDULE OBALLETMET ALSO SUPPORTS EMERGING CHOREOGRAPHERS, INCLUDING A NUMBER OF ITS COMPANY DANCERS WHO HAVE EARNED SIGNIFICANT NATIONAL AWARDS FOR THEIR WORK. BALLETMET IS A CULTURAL AMBASSADOR FOR COLUMBUS, TOURING NATIONALLY AND INTERNATIONALLY, INCLUDING TWICE BY INVITATION AT NEW YORK CITY'S PRESTIGIOUS JOYCE THEATER. COLUMBUS PERFORMANCE VENUES INCLUDE THE OHIO AND JOANN DAVIDSON THEATRES AND THE 225-SEAT PERFORMANCE SPACE ON BALLETMET'S DOWNTOWN CAMPUS.
TOURING AND RENTALS.
DANCE ACADEMY CLASSES - THE BALLETMET DANCE ACADEMY OFFERS A FULL CURRICULUM FOR THE SERIOUS AND THE RECREATIONAL STUDENT, WITH A VARIETY OF CLASSES FOR AGES THREE TO SENIOR ADULT. CLASSES INCLUDE BALLET, POINTE, MODERN, TAP, JAZZ, FLAMENCO, YOGA AND PILATES. YOUTH STUDENTS PERFORM IN AN ANNUAL ACADEMY PERFORMANCE, WITH MORE ADVANCED OPPORTUNITIES THROUGH PERFORMANCE ENSEMBLES AND, BY AUDITION, IN LARGE-CAST COMPANY PRODUCTIONS. INTENSIVE STUDY OPTIONS ARE AVAILABLE FOR EXCEPTIONALLY TALENTED STUDENTS, AND A TRAINEE PROGRAM FOR SENIOR HIGH SCHOOLERS AND HIGH SCHOOL GRADUATES PROVIDES ADVANCED TRAINING FOR A PROFESSIONAL CAREER. CONTINUED ON SCHEDULE OTHE ANNUAL SUMMER INTENSIVE OFFERS A FIVE-WEEK PROGRAM FOR LOCAL AND NATIONALLY AUDITIONED STUDENTS TO BUILD AND REFINE DANCE SKILLS, TRAINING WITH BALLETMET ARTISTS AND FACULTY. THE TRAINEE AND INTENSIVE PROGRAMS OFTEN IDENTIFY FUTURE BALLETMET DANCERS, AND A NUMBER OF TRAINEES HAVE GRADUATED TO DANCE WITH COMPANIES IN THE UNITED STATES AND ABROAD.
EDUCATIONAL PROGRAMS CONSIST OF THE FOLLOWING:DANCE INSTRUCTION - ARTS, CULTURE & HUMANITIES - DANCE-IN-SCHOOLS PROGRAMS CONNECT STUDENTS, PROFESSIONAL AND TEACHING ARTISTS, AND CLASSROOM EDUCATORS THROUGH RESIDENCIES, LECTURE DEMONSTRATIONS, PROFESSIONAL DEVELOPMENT, AND PERFORMANCE-RELATED ACTIVITIES. IN-SCHOOL RESIDENCIES INTEGRATE OHIO DEPARTMENT OF EDUCATION (ODE) DANCE CONTENT STANDARDS. MOVING INTO LITERACY, DESIGNED FOR STUDENTS IN GRADES 1 - 3, FUSES DANCE AND ENGLISH LANGUAGE ARTS EDUCATION TO POSITIVELY IMPACT LITERACY AND CRITICAL THINKING. CONTINUED ON SCHEDULE OA SECOND RESIDENCY PROGRAM IS AN EARLY CHILDHOOD INITIATIVE THAT PREPARES PRESCHOOLERS FOR KINDERGARTEN BY INTEGRATING MOVEMENT WITH SOCIAL, EMOTIONAL AND LITERACY SKILLS. STUDENTS MAY ALSO VIEW A PERFORMANCE IN THEIR SCHOOL WITH NARRATION THAT EXPLAINS DANCE. WORKSHOPS PROVIDE TEACHER TRAINING THAT INTEGRATES ODE DANCE CONTENT STANDARDS WITH CURRICULUM STUDIES. MORNING AT THE BALLET IS A FULLY STAGED THEATRE PERFORMANCE BY BALLETMET THAT INTRODUCES STUDENTS TO DANCE AS A PERFORMING ART AND ENHANCES INTERDISCIPLINARY LEARNING WITH RELATED CLASSROOM RESOURCE MATERIALS.CULTURAL & ETHNIC AWARENESS - ARTS, CULTURE & HUMANITIES: COMMUNITY PROGRAMS - BALLETMET IS COMMITTED TO INVOLVING A BROAD SEGMENT OF THE CENTRAL OHIO COMMUNITY IN DANCE. UP TO 3,500 COMPLIMENTARY KIDTIX TICKETS AND PREPARATION MATERIALS ARE PROVIDED FOR UNDERSERVED GROUPS IDENTIFIED THROUGH YOUTH, SOCIAL SERVICE, AND FAITH-BASED AGENCIES.STUDENT FINANCIAL AID: EDUCATION - BALLETMET'S COMMUNITY OUTREACH SCHOLARSHIP PROGRAM WAS INITIATED IN 1987 WITH NET PROCEEDS FROM A COLUMBUS PRESENTATION OF DANCE THEATRE OF HARLEM. NOW NAMED THE DANCE ACADEMY SCHOLARSHIP PROGRAM, THIS OFFERING HAS BEEN EXPANDED AND REFINED TO SERVE A GREATER NUMBER OF STUDENTS. SCHOLARSHIPS PROVIDE DANCE ACADEMY TRAINING AND DANCE-RELATED ACTIVITIES TO DESERVING URBAN AND SUBURBAN YOUTH. UP TO 70 SCHOLARSHIPS ARE AWARDED ANNUALLY AND RANGE FROM FULL ANNUAL TUITION TO PARTIAL TUITION. SCHOLARSHIP ASSISTANCE IS AWARDED BY AUDITION, AND IS BASED ON TALENT AND FINANCIAL NEED. THE MAJORITY OF RECIPIENTS REPRESENT MINORITY OR UNDERSERVED POPULATIONS. FINANCIAL AID IS ALSO AVAILABLE FOR QUALIFIED STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edwaard Liang Artistic Director | OfficerTrustee | 50 | $202,931 |
Sue Porter Executive Director | OfficerTrustee | 50 | $152,030 |
Amy Bonitatibus Trustee | Trustee | 1 | $0 |
Stacey Borowicz Trustee | Trustee | 1 | $0 |
Debbie Phillips Bower Trustee | Trustee | 1 | $0 |
Trish Cadwallader Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $316,273 |
Related organizations | $0 |
Government grants | $1,732,249 |
All other contributions, gifts, grants, and similar amounts not included above | $2,266,210 |
Noncash contributions included in lines 1a–1f | $157,172 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,314,732 |
Total Program Service Revenue | $5,158,467 |
Investment income | $196,862 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$5,454 |
Net Income from Fundraising Events | -$64,732 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $29,236 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,629,111 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $441,843 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $398,928 |
Compensation of current officers, directors, key employees. | $179,271 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,531,468 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $345,058 |
Payroll taxes | $450,768 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $58,320 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,002 |
Fees for services: Other | $274,400 |
Advertising and promotion | $257,565 |
Office expenses | $199,057 |
Information technology | $93,379 |
Royalties | $0 |
Occupancy | $174,707 |
Travel | $69,124 |
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 | $278,460 |
Insurance | $0 |
All other expenses | $136,125 |
Total functional expenses | $8,179,291 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $393,544 |
Savings and temporary cash investments | $6,699,265 |
Pledges and grants receivable | $895,611 |
Accounts receivable, net | $37,196 |
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 | $123,479 |
Net Land, buildings, and equipment | $5,229,549 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $979,944 |
Total assets | $14,358,588 |
Accounts payable and accrued expenses | $597,036 |
Grants payable | $0 |
Deferred revenue | $1,004,768 |
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 | $1,601,804 |
Net assets without donor restrictions | $10,713,111 |
Net assets with donor restrictions | $2,043,673 |
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 | $14,358,588 |