Minnesota Ballet Theatre
- Assets
- $63.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eden Prairie, MN
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 47-1671971
Organization Overview
Minnesota Ballet Theatre is located in Eden Prairie, MN. The organization was established in 2017. 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. Minnesota 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 12/2023, Minnesota Ballet Theatre generated $70.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $81.8k during the year ending 12/2023. 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
SEE SCHEDULE O
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirill Bak-Stepanoff Founder Art Director | 2.5 | $0 | |
Svetlana Bak-Gavrilova Founder Art Director | 10 | $0 | |
Dori Schlampp Director | 0 | $0 | |
Kelly Dohm Director | 0 | $0 | |
Kelly Fallows Director | 0 | $0 | |
Igor Epstain Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80 |
| Total Program Service Revenue | $70,785 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,865 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $80,607 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,168 |
| Total expenses | $81,775 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,837 |
| Other assets | $0 |
| Total assets | $63,837 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,837 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Milwaukee Ballet Company Inc Milwaukee, WI | $26,280,573 | $9,458,599 |
Marcus Center For The Performing Arts Inc Milwaukee, WI | $26,052,068 | $8,419,632 |
Ballet Theatre Of Des Moines West Des Moines, IA | $244,724 | $859,856 |
Ballet Co-Laboratory Saint Paul, MN | $117,661 | $657,270 |
Duluth Ballet Inc Duluth, MN | $379,656 | $923,188 |
Mankato Ballet Company Mankato, MN | $584,214 | $679,485 |
Northern Plains Ballet Bismarck, ND | $1,532,374 | $640,019 |
Ballet Works Inc Minneapolis, MN | $179,331 | $448,323 |
Kanopy Dance Theatre Inc Madison, WI | -$210,151 | $293,593 |
Central Midwest Ballet Inc Middleton, WI | $126,452 | $304,716 |
North Dakota Ballet Company Grand Forks, ND | $377,128 | $384,707 |
Continental Ballet Company Bloomington, MN | $100,243 | $0 |
Ballet Minnesota Inc Saint Paul, MN | $8,373 | $137,066 |
South Dakota Ballet Co Beresford, SD | $9,933 | $0 |
Magnum Opus Inc Madison, WI | $103,889 | $0 |
Minnesota Ballet Theatre Eden Prairie, MN | $63,837 | $0 |
Wausau Dance Theatre Incorporated Wausau, WI | $3,244 | $0 |
Ballet Inc Appleton, WI | $27,348 | $0 |