Ballet Arts Academy Inc
- Assets
- $174.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Missoula, MT
- Founding
- 04/2004
- Data as of
- 12/2021
- EIN
- 41-2049098
Organization Overview
Ballet Arts Academy Inc is located in Missoula, MT. The organization was established in 2004. 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 Academy 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 12/2021, Ballet Arts Academy Inc generated $141.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $122.8k during the year ending 12/2021. While expenses have increased by 1.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
APPROXIMATELY 150 CHILDREN RECEIVED INSTRUCTIONS AND ASSISTANCE TO PERFORM RECITALS TO LOCAL AUDIENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Dillon President | 3 | $0 | |
Jennifer Barnett Member | 1 | $0 | |
Valarie Young Member | 1 | $0 | |
Jennifer Cavanaugh Member | 1 | $0 | |
Jenna Wicks Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81 |
| Total Program Service Revenue | $140,562 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $141,478 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,190 |
| Professional fees and other payments to independent contractors | $11,546 |
| Occupancy, rent, utilities, and maintenance | $32,598 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,462 |
| Total expenses | $122,796 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $170,306 |
| Other assets | $0 |
| Total assets | $174,460 |
| Total liabilities | $1,553 |
| Net assets or fund balances | $172,907 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ballet Arts Academy Inc has recieved totaling $21.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $21 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ballet Idaho Inc Boise, ID | $2,692,364 | $2,968,951 |
Ballet Sun Valley Inc Sun Valley, ID | $449,442 | $1,037,010 |
Northern Plains Ballet Bismarck, ND | $1,394,773 | $814,526 |
Montana Ballet Company Inc Bozeman, MT | $382,754 | $350,874 |
North Dakota Ballet Company Grand Forks, ND | $339,874 | $352,331 |
Ballet Arts Academy Inc Missoula, MT | $174,460 | $0 |
Sun Valley Ballet Foundation Inc Ketchum, ID | $130,396 | $0 |
Queen City Ballet Company Helena, MT | $52,021 | $0 |
Idaho Regional Ballet Inc Eagle, ID | $123,349 | $0 |