Bluegrass Youth Ballet Inc
- Assets
- $362.2k
- Revenue
- $346.7k
- Investments
- $0.0
- Employees
- 10
- Location
- Lexington, KY
- Founding
- 07/2008
- Data as of
- 06/2021
- EIN
- 47-0925708
Organization Overview
Bluegrass Youth Ballet Inc is located in Lexington, KY. The organization was established in 2008. 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 06/2021, Bluegrass Youth Ballet Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bluegrass Youth Ballet 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 06/2021, Bluegrass Youth Ballet Inc generated $346.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $356.4k during the year ending 06/2021. While expenses have increased by 1.4% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BLUEGRASS YOUTH BALLET ENGAGES AND INSPIRES YOUTH BY PROVIDING ACCESS TO THE ART OF DANCE THROUGHOUT OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BYB CONDUCTED HIGH QUALITY DANCE EDUCATION (CLASSICAL BALLET AND CONTEMPORARY) CLASSES FOR 250+ STUDENTS (AGES 3 - ADULT) AUGUST 2020-JUNE 20201. STUDENT BODY COMPRISED OF FAMILIES OF VARIOUS INCOME LEVELS AND ETHNICITIES (66.7% WHITE, 16.7% AFRICAN-AMERICAN, 15.2% HISPANIC, 16.7% ASIAN, 1.4% WITH DISABILITY, 4.5% OTHER)
SUMMER PROGRAMS: 3 WEEKS OF CHILDREN CAMPS IN PERSON IN JUNE 2021 AND 4 WEEKS OF SUMMER INTENSIVE IN JULY 2021 FOR DANCERS BEGINNING - ADVANCED.
BLUEGRASS YOUTH BALLET HAD TWO PERFORMANCES DURING THE FISCAL YEAR 20-21. NO PERFORMANCES IN 2020 EXCEPT A RECORDED ONE AT THE LEXINGTON OPERA HOUSE WITHOUT AN AUDIENCE IN NOVEMBER 2020.ARABELLA'S JOURNEY - LIVE PERFORMANCE AT THE MOONDANCE AMPHITHEATRE ON JUNE 18 - 19.FREE EVENT (SUGGESTED DONATION $5 PER PERSON). APPROXIMATE ATTENDANCE 1500.
BYB MAKES BALLET AVAILABLE TO UNDERSERVED CHILDREN IN THE LEXINGTON COMMUNITY, THROUGH OUR TUITION ASSISTANCE PROGRAM. CLASSES ARE OFFERED EITHER AT A HIGHLY DISCOUNTED RATE OR ON SCHOLARSHIP WHEN NECESSARY. STUDENTS ATTEND CLASSES FROM AUGUST - MAY, AND SPECIAL SCHEDULES IN THE SUMMER.
BYB CONDUCTED HIGH QUALITY DANCE EDUCATION (CLASSICAL BALLET AND CONTEMPORARY) CLASSES FOR 250+ STUDENTS (AGES 3 - ADULT) AUGUST 2020-JUNE 20201. STUDENT BODY COMPRISED OF FAMILIES OF VARIOUS INCOME LEVELS AND ETHNICITIES (66.7% WHITE, 16.7% AFRICAN-AMERICAN, 15.2% HISPANIC, 16.7% ASIAN, 1.4% WITH DISABILITY, 4.5% OTHER)
SUMMER PROGRAMS: 3 WEEKS OF CHILDREN CAMPS IN PERSON IN JUNE 2021 AND 4 WEEKS OF SUMMER INTENSIVE IN JULY 2021 FOR DANCERS BEGINNING - ADVANCED.
BLUEGRASS YOUTH BALLET HAD TWO PERFORMANCES DURING THE FISCAL YEAR 20-21. NO PERFORMANCES IN 2020 EXCEPT A RECORDED ONE AT THE LEXINGTON OPERA HOUSE WITHOUT AN AUDIENCE IN NOVEMBER 2020.ARABELLA'S JOURNEY - LIVE PERFORMANCE AT THE MOONDANCE AMPHITHEATRE ON JUNE 18 - 19.FREE EVENT (SUGGESTED DONATION $5 PER PERSON). APPROXIMATE ATTENDANCE 1500.
BYB MAKES BALLET AVAILABLE TO UNDERSERVED CHILDREN IN THE LEXINGTON COMMUNITY, THROUGH OUR TUITION ASSISTANCE PROGRAM. CLASSES ARE OFFERED EITHER AT A HIGHLY DISCOUNTED RATE OR ON SCHOLARSHIP WHEN NECESSARY. STUDENTS ATTEND CLASSES FROM AUGUST - MAY, AND SPECIAL SCHEDULES IN THE SUMMER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adalhi Aranda Artistic Director | Trustee | 40 | $49,865 |
Laura Morcus Board Treasurer | OfficerTrustee | 2 | $0 |
Kaiya Wurtele Board Secretary | OfficerTrustee | 2 | $0 |
Eamonn Fitzgerald Board President | OfficerTrustee | 2 | $0 |
Sara Clark Board Member | Trustee | 2 | $0 |
Jennifer Reynolds Board Member | Trustee | 2 | $0 |
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 | $98,172 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,172 |
| Total Program Service Revenue | $247,072 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,490 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $346,734 |
| 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. | $77,663 |
| Compensation of current officers, directors, key employees. | $28,681 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,448 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,199 |
| Payroll taxes | $12,673 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,460 |
| Advertising and promotion | $1,820 |
| Office expenses | $4,799 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $89,902 |
| Travel | $702 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,675 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,155 |
| Insurance | $0 |
| All other expenses | $7,685 |
| Total functional expenses | $356,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,370 |
| 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 | $272,828 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $362,198 |
| Accounts payable and accrued expenses | $906 |
| 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 | $86,005 |
| Other liabilities | $0 |
| Total liabilities | $86,911 |
| Net assets without donor restrictions | $0 |
| 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 | $275,287 |
| Total liabilities and net assets/fund balances | $362,198 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bluegrass Youth Ballet Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Lexington Orphan Society Lexington, KY PURPOSE: SUBSIDY | $2,000 |
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 |
Cincinnati Ballet Company Inc Cincinnati, OH | $28,225,838 | $12,007,959 |
Ballet Metropolitan Inc Columbus, OH | $13,150,540 | $7,739,690 |
Nashville Ballet Nashville, TN | $11,017,137 | $5,073,621 |
Richmond Ballet Inc Richmond, VA | $9,343,909 | $5,961,250 |
Ballet Memphis Corporation Memphis, TN | $34,630,248 | $4,251,856 |
Laurie Foundation For The Performing Arts Columbia, MO | $6,459,045 | $968,148 |
Cleveland Ballet Cleveland, OH | $349,870 | $2,048,614 |
Ballet Chicago Company Chicago, IL | $494,898 | $1,522,334 |
Fort Wayne Ballet Inc Fort Wayne, IN | $2,459,907 | $1,784,779 |
Saint Louis Ballet Company Chesterfield, MO | $736,242 | $1,637,573 |