Continental Ballet Company
- Assets
- $97.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, MN
- Founding
- 08/1993
- Data as of
- 07/2022
- 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 07/2022, Continental Ballet Company generated $142.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $159.2k during the year ending 07/2022. 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
2022
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 |
|---|---|---|---|
Riet Velthuisen Exec Director/ceo | 40 | $37,440 | |
Genevieve Spooner Treasurer | 16 | $8,800 | |
Amy Dennison Board Member | 2 | $0 | |
Kim Kirby Board Member | 2 | $0 | |
Heather Shafland Board Member | 2 | $0 | |
Anne Burns Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,010 |
| Total Program Service Revenue | $80,795 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,015 |
| Other Revenue | $0 |
| Total Revenue | $142,820 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,303 |
| Professional fees and other payments to independent contractors | $69,464 |
| Occupancy, rent, utilities, and maintenance | $6,335 |
| Printing, publications, postage, and shipping | $2,145 |
| Other expenses | $24,907 |
| Total expenses | $159,154 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,868 |
| Other assets | $0 |
| Total assets | $97,766 |
| Total liabilities | $1,559 |
| Net assets or fund balances | $96,207 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Continental Ballet Company has recieved totaling $7,400.
| Awarding Organization | Amount |
|---|---|
Harry L And Janet M Kitselman Foundation St Cloud, MN PURPOSE: PROGRAM SUPPORT | $5,000 |
Target Foundation Minneapolis, MN PURPOSE: TRANSITION FUNDING | $2,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Ballet Co-Laboratory Saint Paul, MN | $199,864 | $575,525 |
Mankato Ballet Company Mankato, MN | $516,344 | $775,297 |
Ballet Works Inc Minneapolis, MN | $321,556 | $591,481 |
Northern Plains Ballet Bismarck, ND | $1,394,773 | $814,526 |
Ballet Theatre Of Des Moines West Des Moines, IA | $415,618 | $577,818 |
Duluth Ballet Inc Duluth, MN | $268,296 | $437,477 |
Kanopy Dance Theatre Inc Madison, WI | -$4,020 | $443,655 |
Central Midwest Ballet Inc Middleton, WI | $173,769 | $344,560 |
North Dakota Ballet Company Grand Forks, ND | $339,874 | $352,331 |
Ballet Minnesota Inc Saint Paul, MN | $47,010 | $155,668 |