Ballets With A Twist Foundation

Organization Overview

Ballets With A Twist Foundation is located in Los Angeles, CA. The organization was established in 2014. 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. Ballets With A Twist Foundation 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, Ballets With A Twist Foundation generated $285.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $752.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION MADE QUALIFYING DISTRIBUTIONS THAT WEREDIRECTLY FOR THE ACTIVE CONDUCT OF THE ACTIVITIESCONSTITUTING ITS EXEMPT PURPOSE PRINCIPALLY IN EXPENSESRELATING TO BRINGING BALLET PERFORMANCES TO VARIOUSLOCATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Marilyn Klaus
Director, President & Treasurer
$0
Stephen Gaboury
Director, Vice President
$0
Lynn Walsh
Director, Secretary
$0
Catherine Zehr
Costume Designer
$72,000
Kathleen Dalton
Admin
$62,320
Karin Lillebo
Admin
$58,720

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $287
Dividends & Interest $70,573
Net Rental Income$0
Net Gain on Sale of Assets $167,811
Capital Gain Net Income $167,811
Net ST Capital Gain $2,361
Income Modifications $0
Profit on Inventory Sales $0
Other Income $46,500
Total Revenue $285,171

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