Cleveland Ballet
- Assets
- $349.9k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 46
- Location
- Cleveland, OH
- Founding
- 07/2015
- Data as of
- 07/2022
- EIN
- 38-3945001
Organization Overview
Cleveland Ballet is located in Cleveland, OH. The organization was established in 2015. 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 07/2022, Cleveland Ballet employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cleveland Ballet 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 07/2022, Cleveland Ballet generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.7% each year . All expenses for the organization totaled $2.0m during the year ending 07/2022. While expenses have increased by 42.9% 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
EDUCATE, CREATE, AND PRESENT ART (IN THE FORM OF DANCE) TO THE AUDIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLEVELAND BALLET PROVIDES EDUCATION TO THE COMMUNITY BY PERFORMANCES, OUTREACH ACTIVITIES, AND HIGH QUALITY EDUCATIONAL PROGRAMS IN PARTNERSHIP WITH SCHOOLS, LIBRARIES, AND OTHER ART ORGANIZATIONS.
CLEVELAND BALLET PROVIDES DANCE WORKSHOPS WITHIN THE COMMUNITY AND PROFESSIONAL DEVELOPMENT PROGRAMS TO GUIDE DANCE STUDENTS WHO SEEK TO PURSUE A CAREER IN DANCE ARTS.
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 |
|---|---|---|---|
Gladisa Guadalupe Art Director | Trustee | 40 | $75,846 |
Michael Krasnyansky President & | OfficerTrustee | 40 | $72,518 |
Karen M Conley Vice Preside | Officer | 1 | $0 |
Marques Pd Richeson Secretary | Officer | 1 | $0 |
Richard W Pogue Chair | Officer | 1 | $0 |
James J Plum Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $364,333 |
| All other contributions, gifts, grants, and similar amounts not included above | $881,317 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,245,650 |
| Total Program Service Revenue | $688,103 |
| 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 | $114,861 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,048,614 |
| 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. | $145,991 |
| Compensation of current officers, directors, key employees. | $145,991 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $796,327 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,626 |
| Payroll taxes | $101,250 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,229 |
| Fees for services: Accounting | $9,873 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $59,529 |
| Office expenses | $13,147 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $77,122 |
| Travel | $114,859 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,183 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,752 |
| Insurance | $115,397 |
| All other expenses | $87,526 |
| Total functional expenses | $2,027,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,874 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $26,000 |
| 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 | $33,699 |
| Net Land, buildings, and equipment | $212,842 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,455 |
| Total assets | $349,870 |
| Accounts payable and accrued expenses | $107,996 |
| Grants payable | $0 |
| Deferred revenue | $5,000 |
| 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 | $149,986 |
| Other liabilities | $0 |
| Total liabilities | $262,982 |
| Net assets without donor restrictions | $0 |
| 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 | $86,888 |
| Total liabilities and net assets/fund balances | $349,870 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cleveland Ballet has recieved totaling $10,250.
| Awarding Organization | Amount |
|---|---|
Edwin D Northrup Ii Fund Ins Trust Pittsburgh, PA PURPOSE: SWAN LAKE EDUCATION PROGRAM | $10,000 |
Fox Family Foundation Inc Key Biscayne, FL PURPOSE: GENERAL SUPPORT | $250 |
Peer Organizations
| 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 |