Kansas City Ballet Association
- Assets
- $44.0m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 192
- Location
- Kansas City, MO
- Founding
- 01/1959
- Data as of
- 06/2022
- EIN
- 43-6052680
Organization Overview
Kansas City Ballet Association is located in Kansas City, MO. The organization was established in 1959. 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 06/2022, Kansas City Ballet Association employed 192 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kansas City Ballet Association 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 06/2022, Kansas City Ballet Association generated $12.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $10.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE AND ENGAGE THROUGH THE BEAUTY, POWER AND PASSION OF DANCE
Describe the Organization's Program Activity:
KANSAS CITY BALLET PERFORMANCES - SEE SCHEDULE O FOR DETAILS
KANSAS CITY BALLET SCHOOL DANCE ACADEMY - SEE SCHEDULE O FOR DETAILS
KANSAS CITY BALLET COMMUNITY ENGAGEMENT AND EDUCATION - SEE SCHEDULE O FOR DETAILS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey J Bentley Executive Director | OfficerTrustee | 40 | $234,935 |
Devon E Carney Artistic Director | OfficerTrustee | 40 | $233,924 |
Kevin Amey Chief Operating Officer | 40 | $116,446 | |
George Hans Chief Financial Officer | 40 | $109,751 | |
Jennifer Wampler Chief Development Officer | 40 | $108,186 | |
Evelyn Craft Belger Vice President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tec Payroll Service Inc Stagehands | 6/29/22 | $436,853 |
Kauffman Center For The Performing Performance Hall | 6/29/22 | $837,947 |
Cumulus-kansas City-kcmo-fm Radio Advertising | 6/29/22 | $225,710 |
Union Station Kansas City Steam Heat | 6/29/22 | $159,571 |
Kansas City Symphony Orchestra | 6/29/22 | $349,305 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $404,605 |
| Related organizations | $0 |
| Government grants | $3,471,855 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,561,071 |
| Noncash contributions included in lines 1a–1f | $101,920 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,437,531 |
| Total Program Service Revenue | $4,303,763 |
| Investment income | $303,735 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,548 |
| Net Gain/Loss on Asset Sales | $710,932 |
| Net Income from Fundraising Events | -$31,083 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,814,564 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $230,805 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $542,468 |
| Compensation of current officers, directors, key employees. | $222,411 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,283,246 |
| Pension plan accruals and contributions | $29,908 |
| Other employee benefits | $542,748 |
| Payroll taxes | $400,345 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,513 |
| Fees for services: Accounting | $41,388 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50,806 |
| Fees for services: Other | $128,450 |
| Advertising and promotion | $430,528 |
| Office expenses | $144,352 |
| Information technology | $27,556 |
| Royalties | $0 |
| Occupancy | $641,265 |
| Travel | $123,467 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $854,197 |
| Insurance | $88,124 |
| All other expenses | $44,459 |
| Total functional expenses | $10,115,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,879,585 |
| Pledges and grants receivable | $1,118,786 |
| 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 | $207,696 |
| Net Land, buildings, and equipment | $21,637,197 |
| Investments—publicly traded securities | $16,891,954 |
| Investments—other securities | $0 |
| Investments—program-related | $102,283 |
| Intangible assets | $0 |
| Other assets | $191,060 |
| Total assets | $44,028,561 |
| Accounts payable and accrued expenses | $452,013 |
| Grants payable | $0 |
| Deferred revenue | $1,090,292 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,542,305 |
| Net assets without donor restrictions | $24,095,668 |
| Net assets with donor restrictions | $18,390,588 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $44,028,561 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Kansas City Ballet Association has recieved totaling $764,536.
| Awarding Organization | Amount |
|---|---|
Richard J Stern Foundation For The Arts Kansas City, MO PURPOSE: RENOVATION AND EXPANSION OF KANSAS CITY BALLET'S JOHNSON COUNTY CAMPUS | $200,000 |
Seeley Foundation Po Box, IL PURPOSE: GENERAL | $110,000 |
Richard J Stern Foundation For The Arts Kansas City, MO PURPOSE: RENOVATION AND EXPANSION OF KANSAS CITY BALLET'S JOHNSON COUNTY CAMPUS | $100,000 |
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $80,000 |
Richard J Stern Foundation For The Arts Kansas City, MO PURPOSE: 2021/2022 SEASON SUPPORT AND PARTIAL UNDERWRITING FOR THE WIZARD OF OZ | $60,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50,000 |
Endowment Analysis
| Beg. Balance | $18,223,363 |
| Earnings | -$2,505,253 |
| Net Contributions | $796,286 |
| Other Expense | $37,264 |
| Ending Balance | $16,477,132 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Joffrey Ballet Chicago, IL | $41,269,610 | $12,576,025 |
Kansas City Ballet Association Kansas City, MO | $44,028,561 | $12,814,564 |
Tulsa Ballet Theater Inc Tulsa, OK | $22,400,601 | $8,502,170 |
Nashville Ballet Nashville, TN | $11,017,137 | $5,073,621 |
Ballet Memphis Corporation Memphis, TN | $34,630,248 | $4,251,856 |
Ballet Oklahoma Inc Oklahoma City, OK | $9,840,405 | $3,365,985 |
Laurie Foundation For The Performing Arts Columbia, MO | $6,459,045 | $968,148 |
Ballet Chicago Company Chicago, IL | $494,898 | $1,522,334 |
Saint Louis Ballet Company Chesterfield, MO | $736,242 | $1,637,573 |
Ballet Five Eight Nfp Orland Park, IL | $389,671 | $1,150,248 |
Ballet Nebraska Omaha, NE | $2,731,657 | $2,026,349 |
Salt Creek Ballet Company Westmont, IL | $318,809 | $582,129 |