Ballet Arts Ensemble Inc
- Assets
- $41.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kalamazoo, MI
- Founding
- 02/1983
- Data as of
- 06/2022
- EIN
- 38-2437172
Organization Overview
Ballet Arts Ensemble Inc is located in Kalamazoo, MI. The organization was established in 1983. 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. Ballet Arts Ensemble 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 06/2022, Ballet Arts Ensemble Inc generated $103.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $119.6k during the year ending 06/2022. While expenses have increased by 1.8% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Ballema Vice Preside | 1 | $0 | |
Michael Norton President | 1 | $0 | |
David H Smith Corres. Secr | 1 | $0 | |
Marc Vanderbeek Recording Se | 1 | $0 | |
Debra Norton Treasurer | 1 | $0 | |
Jennifer Coburn Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,621 |
| Total Program Service Revenue | $56,592 |
| Membership dues | $0 |
| Investment income | $101 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,978 |
| Other Revenue | $0 |
| Total Revenue | $103,292 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,388 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,998 |
| Other expenses | $107,119 |
| Total expenses | $119,555 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,626 |
| Other assets | $0 |
| Total assets | $41,787 |
| Total liabilities | $266 |
| Net assets or fund balances | $41,521 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Ballet Arts Ensemble Inc has recieved totaling $9,900.
| Awarding Organization | Amount |
|---|---|
Harold And Grace Upjohn Foundation Kalamazoo, MI PURPOSE: FUNDING TO HELP COVER PRODUCTION COSTS OF SPRING 2023 PERFORMANCE | $4,000 |
Dorothy U Dalton Foundation Inc Kalamazoo, MI PURPOSE: SPRING CONCERT 2022 | $4,000 |
Nancy Malcomson Connable Fund Kalamazoo, MI PURPOSE: OPERATING SUPPORT | $1,500 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cincinnati Ballet Company Inc Cincinnati, OH | $28,225,838 | $12,007,959 |
Milwaukee Ballet Company Inc Milwaukee, WI | $24,713,474 | $6,965,277 |
Ballet Metropolitan Inc Columbus, OH | $13,150,540 | $7,739,690 |
Marcus Center For The Performing Arts Inc Milwaukee, WI | $26,052,068 | $8,419,632 |
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 |
Canton Ballet Canton, OH | $531,255 | $606,900 |
Ballet Theatre Of Ohio Munroe Falls, OH | $288,882 | $602,425 |
Ballet Chelsea Chelsea, MI | $415,790 | $464,445 |
Kanopy Dance Theatre Inc Madison, WI | -$4,020 | $443,655 |