Miami Valley Ballet Theatre Inc is located in Hamilton, OH. The organization was established in 2012. According to its NTEE Classification (A63) the organization is classified as: Ballet, 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. Miami Valley Ballet Theatre 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 01/2022, Miami Valley Ballet Theatre Inc generated $278.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $248.1k during the year ending 01/2022. While expenses have increased by 8.9% 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
SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATION IN THE FINE ART OF BALLET AND OTHER DANCE FORMS TO STUDENTS OF VARYING SOCIOECONOMIC BACKGROUND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michelle Davis President | Officer | 18 | $42,200 |
Kodee Van Nort Secretary | Officer | 8 | $0 |
Margot Halcomb Treasurer | Officer | 8 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
Total Program Service Revenue | $277,604 |
Investment income | $0 |
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 | $278,806 |
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. | $42,200 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,800 |
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 | $0 |
Advertising and promotion | $5,164 |
Office expenses | $1,085 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $70,719 |
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 | $3,089 |
Insurance | $1,118 |
All other expenses | $5,977 |
Total functional expenses | $248,131 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $184,227 |
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 | $74,544 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $258,771 |
Accounts payable and accrued expenses | $6,623 |
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 | $6,623 |
Net assets without donor restrictions | $252,148 |
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 | $258,771 |
Over the last fiscal year, we have identified 1 grants that Miami Valley Ballet Theatre Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Hamilton Community Foundation Inc Hamilton, OH PURPOSE: MVBT WITHOUT LIMITS: A DANCE PROGRAM FOR ADULTS & CHILDREN WITH DISABILITIES | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Pittsburgh Ballet Theatre Inc Pittsburgh, PA | $29,203,539 | $16,154,254 |
Pennsylvania Ballet Association Philadelphia, PA | $31,402,587 | $18,957,678 |
Cincinnati Ballet Company Inc Cincinnati, OH | $28,225,838 | $12,007,959 |
Ballet Metropolitan Inc Columbus, OH | $13,150,540 | $7,739,690 |
Central Pa Youth Ballet Carlisle, PA | $5,952,312 | $2,863,907 |
Cleveland Ballet Cleveland, OH | $349,870 | $2,048,614 |
Grand Rapids Ballet Co Grand Rapids, MI | $7,162,912 | $1,874,827 |
Fort Wayne Ballet Inc Fort Wayne, IN | $2,459,907 | $1,784,779 |
Indianapolis Ballet Inc Indianapolis, IN | $1,043,512 | $1,204,088 |
Attack Theatre Incorporated Pittsburgh, PA | $923,327 | $900,550 |
Canton Ballet Canton, OH | $531,255 | $606,900 |
Ballet Theatre Of Ohio Munroe Falls, OH | $288,882 | $602,425 |