Washington Ballet
- Assets
- $10.3m
- Revenue
- $18.4m
- Investments
- $0.0
- Employees
- 153
- Location
- Washington, DC
- Founding
- 11/1966
- Data as of
- 06/2022
- EIN
- 52-0846173
Organization Overview
Washington Ballet is located in Washington, DC. The organization was established in 1966. 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 06/2022, Washington Ballet employed 153 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington 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 06/2022, Washington Ballet generated $18.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $13.8m during the year ending 06/2022. While expenses have increased by 1.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BALLET COMPANY, SCHOOL OF BALLET AND COMMUNITY ENRICHMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
BALLET COMPANY PERFORMANCES - THE BALLET COMPANY PERFORMS FOR THE PUBLIC IN VARIOUS VENUES. THERE ARE COMMUNITY OUTREACH SCHOOL PERFORMANCES AND ENHANCEMENT OF THE ARTISTIC ENVIRONMENT.
BALLET SCHOOL - PROVIDES DANCE INSTRUCTION AND EDUCATION TO APPROXIMATELY 750 STUDENTS FROM BEGINNERS TO ADULTS. OUTREACH TO OTHER LOCAL SCHOOLS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean-Marie Fernandez Chair | OfficerTrustee | 5 | $0 |
Eve A Lilley Vice Chair | OfficerTrustee | 5 | $0 |
Michael Goldstein Vice Chair | OfficerTrustee | 5 | $0 |
Luanne Adams Secretary | OfficerTrustee | 5 | $0 |
Lowell Yoder Treasurer | OfficerTrustee | 5 | $0 |
Martha Schwieters Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capacity Interactive Consulting Llc Marketing Services | 6/29/22 | $331,593 |
Susan Gage Caterers Catering Services | 6/29/22 | $125,590 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,072,249 |
| Related organizations | $0 |
| Government grants | $7,821,538 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,373,615 |
| Noncash contributions included in lines 1a–1f | $130,819 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,267,402 |
| Total Program Service Revenue | $6,985,988 |
| Investment income | $1,005 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $77,003 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$409,421 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $61,256 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,394,920 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $378,079 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $883,561 |
| Compensation of current officers, directors, key employees. | $279,775 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,039,207 |
| Pension plan accruals and contributions | $56,759 |
| Other employee benefits | $432,613 |
| Payroll taxes | $475,147 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $172,865 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $65 |
| Fees for services: Other | $901,180 |
| Advertising and promotion | $571,840 |
| Office expenses | $432,352 |
| Information technology | $140,750 |
| Royalties | $0 |
| Occupancy | $806,183 |
| Travel | $25,864 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $320,295 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $589,173 |
| Insurance | $60,553 |
| All other expenses | $0 |
| Total functional expenses | $13,819,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,716,288 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $182,977 |
| Accounts receivable, net | $617,017 |
| 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 | $146,968 |
| Net Land, buildings, and equipment | $2,954,845 |
| Investments—publicly traded securities | $693,243 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,311,338 |
| Accounts payable and accrued expenses | $1,148,573 |
| Grants payable | $0 |
| Deferred revenue | $840,274 |
| 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 | $0 |
| Other liabilities | $627,083 |
| Total liabilities | $2,615,930 |
| Net assets without donor restrictions | $7,014,685 |
| Net assets with donor restrictions | $680,723 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $10,311,338 |