Denver Ballet Theatre
- Assets
- $24.7k
- Revenue
- $145.9k
- Investments
- $0.0
- Employees
- 14
- Location
- Littleton, CO
- Founding
- 02/2016
- Data as of
- 12/2020
- EIN
- 46-5570882
Organization Overview
Denver Ballet Theatre is located in Littleton, CO. The organization was established in 2016. 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 12/2020, Denver Ballet Theatre employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver Ballet Theatre 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 12/2020, Denver Ballet Theatre generated $145.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $170.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION IS TO SERVE THE REGION WITH ARTISTIC EXCELLENCE IN BALLET THROUGH PERFORMANCES, EDUCATIONAL OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DENVER BALLET THEATRE OFFERED 800 CLASSES FROM JANUARY TO MAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
A Glushacov Art Dir/instru | OfficerTrustee | 8 | $19,240 |
David Taylor Art Dir/instru | Officer | 9 | $13,418 |
M Zoebisch Executive Dir | OfficerTrustee | 5 | $10,685 |
A Simpson Administrator | Officer | 20 | $7,854 |
C Hillerman Intstructor | Officer | 4 | $6,368 |
M Lancaster-Ga Teacher | Officer | 4 | $5,188 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,344 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,344 |
| Total Program Service Revenue | $106,167 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,200 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $145,892 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $71,405 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $273 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,549 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,169 |
| Office expenses | $1,222 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $3,071 |
| Insurance | $2,311 |
| All other expenses | $82,395 |
| Total functional expenses | $170,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,172 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $8,514 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $24,686 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $24,686 |
| Net assets with donor restrictions | $0 |
| 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 | $24,686 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ballet West Salt Lake City, UT | $14,080,358 | $17,158,931 |
Colorado Ballet Company Denver, CO | $10,776,318 | $9,808,216 |
Tulsa Ballet Theater Inc Tulsa, OK | $22,400,601 | $8,502,170 |
Ballet Arizona Phoenix, AZ | $11,465,321 | $6,255,701 |
Ballet Oklahoma Inc Oklahoma City, OK | $9,840,405 | $3,365,985 |
Aspen Santa Fe Ballet Aspen, CO | $7,448,531 | $3,007,327 |
Wonderbound Denver, CO | $4,425,325 | $2,413,096 |
The Boulder Ballet Boulder, CO | $335,966 | $1,043,375 |
Onstage Ogden Ogden, UT | $1,179,018 | $1,295,415 |
Ballet Nebraska Omaha, NE | $2,731,657 | $2,026,349 |
Canyon Concert Ballet Fort Collins, CO | $1,019,646 | $1,158,468 |
Ballet Etudes Gilbert, AZ | $223,402 | $696,367 |