The Toledo Ballet Association Inc
- Assets
- $0.0
- Revenue
- $481.8k
- Investments
- $0.0
- Employees
- 22
- Location
- Toledo, OH
- Founding
- Data as of
- 06/2019
- EIN
- 34-6542001
Organization Overview
The Toledo Ballet Association Inc is located in Toledo, OH. As of 06/2019, Toledo Ballet Association Inc employed 22 individuals. Toledo Ballet Association 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 06/2019, Toledo Ballet Association Inc generated $481.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $398.3k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 4 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE TOLEDO BALLET ASSOCIATION IS A NON-PROFIT ORGANIZATION WHOSE PRIMARY PURPOSE IS TO INCREASE INTEREST AND SUPPORT FOR THE ARTS THROUGH DANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BALLET SCHOOL - THE BALLET SCHOOL OFFERS A CURRICULUM WHOSE CORNERSTONE IS CLASSICAL BALLET, WITH A CONTEMPORARY AND ADULT DIVISION AS WELL AS CLASSES FOR THOSE WITH SPECIAL NEEDS. THE SCHOOL ALSO PRESENTS SUMMER CLASSES CONDUCTED BY INTERNATIONALLY KNOWN INSTRUCTORS FROM ALL OVER THE COUNTRY, AND OFFERS SUMMER CAMP PROGRAMS FOR ASPIRING BALLERINAS. THE SCHOOL SERVED 286 STUDENTS FROM ALL LEVELS DURING THE SIX MONTH PERIOD ENDED DECEMBER 31, 2018. EVERY TOLEDO BALLET INSTRUCTOR IS DEDICATED TO HELPING EACH STUDENT REACH HIS OR HER HIGHEST POTENTIAL THROUGH INDIVIDUALIZED INSTRUCTION. THE TOLEDO BALLET BELIEVES THAT LEARNING DANCE IS MUCH MORE THAN MASTERING POSITIONS AND MEMORIZING STEPS. IT IS ABOUT HELPING THE STUDENTS GAIN CONFIDENCE AND SELF-ESTEEM WHILE LEARNING DISCIPLINE AND PERSEVERENCE.
PUBLIC PERFORMANCES - THE TOLEDO BALLET PRODUCES TWO FULL-SCALE PRODUCTIONS PER YEAR. ITS NUTCRACKER PERFORMANCE IS THE LONGEST CONSECUTIVELY RUNNING ANNUAL PRODUCTION IN THE NATION. EVERY SPRING, THE TOLEDO BALLET ALSO PRESENTS AN ORIGINAL CONTEMPORARY PRODUCTION FEATURING THE TOLEDO BALLET COMPANY. THE SPRING PRODUCTION CHANGES ANNUALLY, BUT ALWAYS PROVIDES UNSURPASSED PERFORMANCE QUALITY.
EDUCATIONAL OUTREACH PROGRAM - THE TOLEDO BALLET SERVES AS A DANCE-EDUCATION RESOURCE FOR THE ENTIRE COMMUNITY. THE TOLEDO BALLET HAS IMPLEMENTED ART IN EDUCATION IN NORTHWEST OHIO SCHOOLS ALONG WITH OTHER OUTREACH ACTIVITIES. DURING THE SIX MONTH PERIOD ENDED DECEMBER 31, 2018, MORE THAN 2,300 DISADVANTAGED STUDENTS FROM TOLEDOS INNER CITY PARTICIPATED IN TOLEDO BALLETS OUTREACH PROGRAMS. THE TOLEDO BALLET HAS ALSO COLLABORATED WITH OTHER NOT-FOR-PROFIT AGENCIES TO PROVIDE INDIVIDUALS WITH AN OUTLET TO EXPRESS THEMSELVES AND FEEL THE SHEER JOY OF DANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Gonia Secretary | OfficerTrustee | 4 | $0 |
Stephanie Dames Alexander President | OfficerTrustee | 4 | $0 |
William Southern Vice President | OfficerTrustee | 4 | $0 |
Kim Howard Treasurer | OfficerTrustee | 4 | $0 |
Judy Gorun Trustee | Trustee | 0.5 | $0 |
Gwen Clark Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,549 |
| Fundraising events | $0 |
| Related organizations | $43,943 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,492 |
| Total Program Service Revenue | $387,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,737 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $24,131 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $481,757 |
| 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 | $149,970 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,011 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,562 |
| Advertising and promotion | $15,229 |
| Office expenses | $9,274 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,246 |
| Travel | $6,669 |
| 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 | $10,266 |
| Insurance | $8,887 |
| All other expenses | $18,666 |
| Total functional expenses | $398,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Toledo Ballet Association Inc has recieved totaling $5,127.
| Awarding Organization | Amount |
|---|---|
Toledo Community Foundation Toledo, OH PURPOSE: AFTERSCHOOL DANCE AT BOYS & GIRLS CLUB OF TOLEDO | $5,127 |
Endowment Analysis
| Beg. Balance | $99,778 |
| Earnings | -$7,155 |
| Admin Expense | $357 |
| Other Expense | $91,177 |
| Grants | $1,089 |
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