Ballet In The City Inc
- Assets
- $132.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Cuyahoga Falls, OH
- Founding
- 11/2013
- Data as of
- 12/2023
- EIN
- 46-3812139
Organization Overview
Ballet In The City Inc, operating under the name Formerly Cleveland Classical B, is located in Cuyahoga Falls, OH. The organization was established in 2013. 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. Formerly Cleveland Classical B 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 12/2023, Formerly Cleveland Classical B generated $76.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $29.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (21.0%) per year over the past 7 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
2023
Describe the Organization's Program Activity:
Part 3
THE MISSION OF BALLET IN THE CITY IS TO PRESENT PROFESSIONAL BALLET PERFORMANCES, PROGRAMMING, AND EVENTS IN CITIES AROUND THE NATION, CULTIVATING AND ENHANCING THE UNIQUE CULTURE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Wallis Founding Director | 40 | $0 | |
Elizabeth Lewis Chairman And Sec | 4 | $0 | |
Penelope Rampersad Director At Large | 2 | $0 | |
Catherine Wiseman Hakes Director Chair | 2 | $0 | |
Philip Munch Director Treasurer | 2 | $0 | |
Roberta Depompei Director At Large | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,357 |
| Total Program Service Revenue | $48,670 |
| Membership dues | $0 |
| Investment income | $3,828 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,290 |
| Total Revenue | $76,575 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,200 |
| Professional fees and other payments to independent contractors | $3,325 |
| Occupancy, rent, utilities, and maintenance | $12,793 |
| Printing, publications, postage, and shipping | $3,142 |
| Other expenses | $8,615 |
| Total expenses | $29,075 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,198 |
| Other assets | $0 |
| Total assets | $132,198 |
| Total liabilities | $2,869 |
| Net assets or fund balances | $129,329 |