Washington Ballet
- Assets
- $7.2m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 175
- Location
- Washington, DC
- Founding
- 11/1966
- Data as of
- 06/2021
- 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 06/2021, Washington Ballet employed 175 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 06/2021, Washington Ballet generated $9.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $8.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 6 years. 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
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Kent-Barbee Artistic Director | Officer | 40 | $266,171 |
Michael Pastreich Executive Director | Officer | 40 | $249,427 |
Joseph Victor Barbee Associate Artistic Directo | Officer | 40 | $150,202 |
Lynn G Quinn CFO | Officer | 40 | $129,149 |
Patrick Muhlen-Schulte Development Director | 40 | $128,132 | |
Scott Greenberg Director, Marketing & Pr | 40 | $119,058 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Extreme Reach Crew Services Stagehands And Musicians | 6/29/20 | $302,807 |
Live Nation Worldwide Inc Venue Stagehands/wardrobe Fee | 6/29/20 | $269,702 |
The John F Kennedy Center For Performin Venue Stagehands/wardrobe Fee & Rental | 6/29/20 | $1,027,913 |
Extreme Reach Crew Services Stagehands And Musicians | 6/29/20 | $302,807 |
Live Nation Worldwide Inc Venue Stagehands/wardrobe Fee | 6/29/20 | $269,702 |
The John F Kennedy Center For Performin Venue Stagehands/wardrobe Fee & Rental | 6/29/20 | $1,027,913 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $871,740 |
| Related organizations | $0 |
| Government grants | $3,399,368 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,516,976 |
| Noncash contributions included in lines 1a–1f | $125,188 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,788,084 |
| Total Program Service Revenue | $2,374,200 |
| Investment income | $502 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $68,789 |
| Net Gain/Loss on Asset Sales | $2,460 |
| Net Income from Fundraising Events | -$298,853 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $25,202 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,999,163 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $345,244 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $712,853 |
| Compensation of current officers, directors, key employees. | $296,017 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,668,333 |
| Pension plan accruals and contributions | $41,300 |
| Other employee benefits | $402,216 |
| Payroll taxes | $379,612 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,500 |
| Fees for services: Accounting | $78,079 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $541 |
| Fees for services: Other | $609,721 |
| Advertising and promotion | $108,969 |
| Office expenses | $51,566 |
| Information technology | $125,249 |
| Royalties | $0 |
| Occupancy | $932,327 |
| Travel | $6,184 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $115,833 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $453,448 |
| Insurance | $166,491 |
| All other expenses | $0 |
| Total functional expenses | $8,508,178 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,304,165 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $612,396 |
| Accounts receivable, net | $563,451 |
| 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 | $145,074 |
| Net Land, buildings, and equipment | $2,962,973 |
| Investments—publicly traded securities | $565,748 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,153,807 |
| Accounts payable and accrued expenses | $1,573,940 |
| Grants payable | $0 |
| Deferred revenue | $790,341 |
| 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 | $100,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,565,336 |
| Total liabilities | $4,029,617 |
| Net assets without donor restrictions | $2,250,729 |
| Net assets with donor restrictions | $873,461 |
| 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 | $7,153,807 |
Grants Recieved
Over the last fiscal year, we have identified 43 grants that Washington Ballet has recieved totaling $953,563.
| Awarding Organization | Amount |
|---|---|
Morris And Gwendolyn Cafritz Foundation Washington, DC PURPOSE: ARTS & HUMANITIES | $160,000 |
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $115,000 |
John Edward Fowler Memorial Foundation Oakton, VA PURPOSE: GENERAL OPERATING | $80,000 |
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $55,000 |
Dallas Morse Coors Foundation For The Performing Arts Tr Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $53,000 |
Shen Fam Foundation Charlottesville, VA PURPOSE: GENERAL | $50,000 |
Endowment Analysis
| Beg. Balance | $310,000 |
| Earnings | $3,333 |
| Other Expense | $3,333 |
| Ending Balance | $310,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Ballet Washington, DC | $7,153,807 | $8,999,163 |
Richmond Ballet Inc Richmond, VA | $9,343,909 | $5,961,250 |
Maryland Youth Ballet Inc Silver Spring, MD | $1,538,079 | $2,049,323 |
Dancemakers Inc Lanham, MD | $310,676 | $1,678,634 |
Charlottesville Ballet Charlottesville, VA | $1,147,365 | $1,342,432 |
The Ballet Theatre Of Maryland Incorporated Annapolis, MD | $381,831 | $1,071,898 |
Virginia Ballet Company And School Fairfax, VA | $330,622 | $658,444 |
Akhmedova Ballet Foundation Inc Silver Spring, MD | $1,047,215 | $429,485 |
Roanoke Ballet Theatre Inc Roanoke, VA | $159,099 | $354,958 |
Ballet Theatre Of Ashburn Inc Ashburn, VA | $25,868 | $307,338 |
Southwest Virginia Ballet Company Roanoke, VA | $477,778 | $281,577 |
Bristol Concert Ballet Company Bristol, VA | $332,202 | $275,152 |