Springfield Ballet Company
- Assets
- $546.7k
- Revenue
- $222.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Springfield, IL
- Founding
- 10/1971
- Data as of
- 06/2021
- EIN
- 37-0867979
Organization Overview
Springfield Ballet Company is located in Springfield, IL. The organization was established in 1971. 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, Springfield Ballet Company employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springfield Ballet Company 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, Springfield Ballet Company generated $222.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $207.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SPRINGFIELD BALLET COMPANY PROVIDES DANCE EDUCATION AND PERFORMANCES TO ENRICH OUR COMMUNITY THROUGH THE BEAUTY, ENERGY AND DIVERSITY OF DANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SPRINGFIELD BALLET COMPANY SPONSORS BALLET PRODUCTIONS EACH YEAR INCLUDING THE NUTCRACKER, ROMEO & JULIET, ROCKBALLET, AND VARIOUS WORKSHOPS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Ratz Artistic Director | OfficerTrustee | 40 | $43,413 |
Gina Decroix Russell Ballet Mistress | OfficerTrustee | 30 | $19,619 |
Scott Raper Development Director | OfficerTrustee | 30 | $17,309 |
Rachel Burdick President | OfficerTrustee | 1 | $0 |
Grace Nanavati Director Emeritus | OfficerTrustee | 1 | $0 |
Sami Mcelwee Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,353 |
| Related organizations | $0 |
| Government grants | $86,070 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,631 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,054 |
| Total Program Service Revenue | $35,443 |
| Investment income | $5,080 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,028 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $222,694 |
| 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. | $93,298 |
| Compensation of current officers, directors, key employees. | $15,949 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,436 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,780 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,995 |
| Office expenses | $4,300 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,559 |
| Travel | $715 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $118 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,867 |
| Insurance | $5,729 |
| All other expenses | $824 |
| Total functional expenses | $207,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $97,531 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,750 |
| 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 | $4,626 |
| Net Land, buildings, and equipment | $51,554 |
| Investments—publicly traded securities | $345,134 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $546,695 |
| Accounts payable and accrued expenses | $2,066 |
| 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 | $21,756 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,822 |
| Net assets without donor restrictions | $490,415 |
| Net assets with donor restrictions | $32,458 |
| 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 | $546,695 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Springfield Ballet Company has recieved totaling $13,372.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,348 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Joffrey Ballet Chicago, IL | $41,269,610 | $12,576,025 |
Kansas City Ballet Association Kansas City, MO | $44,028,561 | $12,814,564 |
Milwaukee Ballet Company Inc Milwaukee, WI | $24,713,474 | $6,965,277 |
Marcus Center For The Performing Arts Inc Milwaukee, WI | $26,052,068 | $8,419,632 |
Laurie Foundation For The Performing Arts Columbia, MO | $6,459,045 | $968,148 |
Ballet Chicago Company Chicago, IL | $494,898 | $1,522,334 |
Fort Wayne Ballet Inc Fort Wayne, IN | $2,459,907 | $1,784,779 |
Saint Louis Ballet Company Chesterfield, MO | $736,242 | $1,637,573 |
Indianapolis Ballet Inc Indianapolis, IN | $1,043,512 | $1,204,088 |
Ballet Five Eight Nfp Orland Park, IL | $389,671 | $1,150,248 |
Salt Creek Ballet Company Westmont, IL | $318,809 | $582,129 |
Springfield Ballet Inc Springfield, MO | $732,328 | $681,602 |