Continental Ballet Company
- Assets
- $100.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, MN
- Founding
- 08/1993
- Data as of
- 07/2024
- EIN
- 41-1631397
Organization Overview
Continental Ballet Company is located in Bloomington, MN. The organization was established in 1993. 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. Continental 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 07/2024, Continental Ballet Company generated $193.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $192.9k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
BALLET PROGRAMS: CONTINENTAL BALLET COMPANY HAS BOTH A PROFESSIONAL PERFORMING COMPANY AND A SCHOOL OF BALLET. THEY OFFER PERFORMANCES FROM THE CLASSICAL REPERTOIRE, EDUCATIONAL PROGRAMS, AND CLASSES. SPECIAL EMPHASIS ON CHILDREN AND FAMILIES. THIS WAS A RECOVERY YEAR AND WE WORKED HARD TO ENCOURAGE STUDENTS AND AUDIENCE MEMBERS TO COME BACK TO LIVE PROGRAMMING. WE WORKED WITHIN THE COMMUNITY AND BROUGHT ARTISTS OUT TO LOCAL PARKS TO PERFORM AND AT OUR LOCAL SENIOR CENTER FOR AN AFTERNOON OF "BALLET AND BINGO". WE WORKED TO MAKE THE ART OF BALLET ACCESSIBLE AND AFFORDABLE FOR PEOPLE OF ALL AGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Kirby Board Member | 2 | $0 | |
Heather Shafland Board Member | 2 | $0 | |
Amy Dennison Board Member | 2 | $0 | |
Mary Vasaly President | 4 | $0 | |
Anne Burns Vice President | 2 | $0 | |
Genevieve Spooner Treasurer | 15 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,352 |
| Total Program Service Revenue | $138,447 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,090 |
| Other Revenue | $0 |
| Total Revenue | $193,889 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,888 |
| Professional fees and other payments to independent contractors | $93,041 |
| Occupancy, rent, utilities, and maintenance | $8,442 |
| Printing, publications, postage, and shipping | $175 |
| Other expenses | $34,364 |
| Total expenses | $192,910 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,951 |
| Other assets | $0 |
| Total assets | $100,243 |
| Total liabilities | $6,187 |
| Net assets or fund balances | $94,056 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Milwaukee Ballet Company Inc Milwaukee, WI | $26,280,573 | $9,458,599 |
Marcus Center For The Performing Arts Inc Milwaukee, WI | $26,052,068 | $8,419,632 |
Ballet Theatre Of Des Moines West Des Moines, IA | $244,724 | $859,856 |
Ballet Co-Laboratory Saint Paul, MN | $117,661 | $657,270 |
Duluth Ballet Inc Duluth, MN | $379,656 | $923,188 |
Mankato Ballet Company Mankato, MN | $584,214 | $679,485 |
Northern Plains Ballet Bismarck, ND | $1,532,374 | $640,019 |
Ballet Works Inc Minneapolis, MN | $179,331 | $448,323 |
Kanopy Dance Theatre Inc Madison, WI | -$210,151 | $293,593 |
Central Midwest Ballet Inc Middleton, WI | $126,452 | $304,716 |
North Dakota Ballet Company Grand Forks, ND | $377,128 | $384,707 |
Continental Ballet Company Bloomington, MN | $100,243 | $0 |
Ballet Minnesota Inc Saint Paul, MN | $8,373 | $137,066 |
South Dakota Ballet Co Beresford, SD | $9,933 | $0 |
Magnum Opus Inc Madison, WI | $103,889 | $0 |
Minnesota Ballet Theatre Eden Prairie, MN | $63,837 | $0 |
Wausau Dance Theatre Incorporated Wausau, WI | $3,244 | $0 |
Ballet Inc Appleton, WI | $27,348 | $0 |