Wake Forest Youth Ballet
- Assets
- $97.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wake Forest, NC
- Founding
- 07/2017
- Data as of
- 12/2022
- EIN
- 38-4023430
Organization Overview
Wake Forest Youth Ballet is located in Wake Forest, NC. The organization was established in 2017. 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. Wake Forest Youth 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 12/2022, Wake Forest Youth Ballet generated $121.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $96.4k during the year ending 12/2022. While expenses have increased by 16.8% per year over the past 5 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 |
|---|---|---|---|
Laetitia Cheltenham Front-Of-House Director | 5 | $0 | |
Stephanie Ford Costume Director | 10 | $0 | |
Patricia Ogden President | 5 | $0 | |
Rachael Sylvester Props Director | 10 | $0 | |
Renata Pirog Treasurer | 5 | $0 | |
Jessica Gorczynski Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,425 |
| Total Program Service Revenue | $41,659 |
| Membership dues | $47,264 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,348 |
| 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 | $46,852 |
| Occupancy, rent, utilities, and maintenance | $17,946 |
| Printing, publications, postage, and shipping | $955 |
| Other expenses | $30,656 |
| Total expenses | $96,409 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,656 |
| Other assets | $0 |
| Total assets | $97,656 |
| Total liabilities | $552 |
| Net assets or fund balances | $97,104 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wake Forest Youth Ballet has recieved totaling $58.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $58 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carolina Ballet Inc Raleigh, NC | $2,591,733 | $5,042,638 |
Nashville Ballet Nashville, TN | $11,017,137 | $5,073,621 |
Richmond Ballet Inc Richmond, VA | $9,343,909 | $5,961,250 |
Ballet Memphis Corporation Memphis, TN | $34,630,248 | $4,251,856 |
Columbia City Ballet Company Columbia, SC | $347,590 | $1,160,258 |
Charlottesville Ballet Charlottesville, VA | $1,147,365 | $1,342,432 |
International Ballet Greer, SC | $414,500 | $610,369 |
Ballethnic Dance Company Inc East Point, GA | $602,135 | $948,647 |
Georgia Ballet Inc Marietta, GA | $1,039,867 | $613,388 |
Virginia Ballet Company And School Fairfax, VA | $330,622 | $658,444 |
Winston-Salem Festival Ballet Inc Winston Salem, NC | $0 | $392,620 |
Kingsport Ballet Kingsport, TN | $54,803 | $355,921 |