Lake Area Ballet Theatre
- Assets
- $164.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Charles, LA
- Founding
- 01/2015
- Data as of
- 12/2021
- EIN
- 47-2837690
Organization Overview
Lake Area Ballet Theatre is located in Lake Charles, LA. The organization was established in 2015. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, 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. Lake Area 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 12/2021, Lake Area Ballet Theatre generated $91.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $47.0k during the year ending 12/2021. While expenses have increased by 4.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PERFORMANCES INCLUDE THE SPRING GALA AND THE NUTCRACKER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen C Benoit President | 0 | $5,000 | |
Kim Moreno Treasurer | 0 | $0 | |
Kristin Draper Director | 0 | $0 | |
Laura Henry Vice President | 0 | $0 | |
Kari Hankins Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,759 |
| Total Program Service Revenue | $45,085 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,844 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,000 |
| Professional fees and other payments to independent contractors | $4,161 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,808 |
| Other expenses | $35,052 |
| Total expenses | $47,021 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $163,770 |
| Other assets | $0 |
| Total assets | $164,293 |
| Total liabilities | $0 |
| Net assets or fund balances | $164,293 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lake Area Ballet Theatre has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodlands Center For The Performing Arts The Woodlands, TX | $66,155,005 | $4,869,262 |
The Foundation For Jones Hall Houston, TX | $12,945,210 | $11,215,659 |
National Western Art Foundation San Antonio, TX | $33,318,907 | $5,418,283 |
Society For The Performing Arts Houston, TX | $2,735,277 | $4,022,539 |
Dsm Management Group Inc Dallas, TX | $3,614,375 | $1,386,226 |
1894 Inc Galveston, TX | $14,356,181 | $3,638,315 |
New Orleans Center For Creative Arts Institute New Orleans, LA | $27,637,413 | $1,850,928 |
Shaw Center For The Arts Llc Baton Rouge, LA | $25,156,056 | $977,133 |
Taca Inc Dallas, TX | $1,253,014 | $1,318,938 |
Jefferson Performing Arts Society Metairie, LA | $970,556 | $1,410,329 |
Denison Industrial Development Company Denison, TX | $13,693,763 | $1,394,238 |
Austin Classical Guitar Society Austin, TX | $793,861 | $1,485,955 |