International Ballet
- Assets
- $414.5k
- Revenue
- $610.4k
- Investments
- $0.0
- Employees
- 24
- Location
- Greer, SC
- Founding
- 08/2005
- Data as of
- 06/2021
- EIN
- 47-0935533
Organization Overview
International Ballet is located in Greer, SC. The organization was established in 2005. 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, International Ballet employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Ballet 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, International Ballet generated $610.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $576.5k during the year ending 06/2021. While expenses have increased by 12.8% per year over the past 7 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
TO PROVIDE & PROMOTE BALLET
Describe the Organization's Program Activity:
Part 3 - Line 4a
THEATER PRODUCTIONS & CHAMBER CONCERTS IN GREENVILLE, SC.
ABILITY TO PROVIDE BALLET SCHOLARSHIP
BALLET ACADEMY IN GREER, SC.
TO PROMOTE SPECIAL NEEDS PROGRAM THAT PROVIDES INSTRUCTION, CHOREOGRAPHY AND PERFORMANCE OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Shoemaker Executive Director | Officer | 40 | $45,000 |
Judy Rozelle Board Member | Trustee | 1 | $0 |
Michael Hildebrand Chairman | Trustee | 2 | $0 |
Jim Kudless Treasurer | Trustee | 4 | $0 |
Michael Dodd Immediate Past Chairman | Trustee | 5 | $0 |
Susan Fox Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $316,004 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,051 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $610,369 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $5,511 |
| Compensation of current officers, directors, key employees. | $45,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $233,203 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,666 |
| Fees for services: Management | $600 |
| Fees for services: Legal | $2,710 |
| Fees for services: Accounting | $1,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,117 |
| Advertising and promotion | $22,022 |
| Office expenses | $28,026 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $128,747 |
| Travel | $2,471 |
| 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 | $31,961 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $576,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $72,702 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $37,500 |
| Other assets | $3,000 |
| Total assets | $414,500 |
| Accounts payable and accrued expenses | $7,483 |
| Grants payable | $0 |
| Deferred revenue | $26,235 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $46,875 |
| Secured mortgages and notes payable | $68,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $149,093 |
| 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 |
| Total liabilities and net assets/fund balances | $265,407 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that International Ballet has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Elbert W Rogers Foundation Greenville, SC PURPOSE: TOWARDS SEASON SUPPORT ($5,000) AND THE LAST DEFECTOR FILM PROJECT ($30,000) | $35,000 |
Halsey Family Foundation Saint Marys, GA PURPOSE: MISSIONS AND BENEVOLENCES | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Ballet Incorporated Atlanta, GA | $17,685,185 | $11,298,848 |
Carolina Ballet Inc Raleigh, NC | $2,591,733 | $5,042,638 |
Columbia City Ballet Company Columbia, SC | $347,590 | $1,160,258 |
International Ballet Greer, SC | $414,500 | $610,369 |
Ballethnic Dance Company Inc East Point, GA | $602,135 | $948,647 |
Georgia Ballet Inc Marietta, GA | $1,039,867 | $613,388 |
Winston-Salem Festival Ballet Inc Winston Salem, NC | $0 | $392,620 |
Columbia Classical Ballet Co Columbia, SC | $80,093 | $241,090 |
Northeast Atlanta Ballet Ensemble Inc Lilburn, GA | $138,664 | $339,160 |
Carolina Ballet Theatre Inc Greenville, SC | $170,716 | $357,408 |
Terminus Ballet Inc Decatur, GA | $47,847 | $311,815 |
Ann Brodies Carolina Ballet Columbia, SC | $31,142 | $229,794 |