The Ballet Theatre Of Maryland Incorporated is located in Annapolis, MD. The organization was established in 1991. 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, Ballet Theatre Of Maryland Incorporated employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ballet Theatre Of Maryland Incorporated 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, Ballet Theatre Of Maryland Incorporated generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $932.2k during the year ending 06/2022. 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
TO PROMOTE THE INTEREST IN AND ENJOYMENT OF DANCE ARTS BY PROVIDING DANCERS AN OPPORTUNITY TO STUDY AND PERFORM; BY PROVIDING CHOREOGRAPHERS AN OUTLET FOR CREATIVE EXPRESSION AND TRAINING; BY PROVIDING QUALITY ENTERTAINMENT AND EDUCATION IN THE FIELD OF DANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE DANCERS WITH OPPORTUNITIES TO PERFORM
PROVIDE EDUCATIONAL OPPORTUNITIES IN THE FIELD OF DANCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nicole Kelsh Artistic Director | 40 | $57,750 | |
Katlynn Ray Secretary | OfficerTrustee | 2 | $0 |
Robert Sutton Treasurer | OfficerTrustee | 2 | $0 |
Edward Atsinger President | OfficerTrustee | 2 | $0 |
Carl Seitz Director | Trustee | 2 | $0 |
Nate Halverson Trustee | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $464,283 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $464,283 |
Total Program Service Revenue | $602,374 |
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 | $5,241 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,071,898 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $40,893 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $362,622 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $10,571 |
Payroll taxes | $43,308 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $10,360 |
Advertising and promotion | $35,314 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $168,014 |
Travel | $5,792 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $150 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $24,755 |
Insurance | $11,053 |
All other expenses | $62,717 |
Total functional expenses | $932,168 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $240,804 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $10,000 |
Accounts receivable, net | $15,372 |
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 |
Net Land, buildings, and equipment | $100,702 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $14,953 |
Total assets | $381,831 |
Accounts payable and accrued expenses | $41,893 |
Grants payable | $0 |
Deferred revenue | $13,618 |
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 | $84 |
Total liabilities | $55,595 |
Net assets without donor restrictions | $306,236 |
Net assets with donor restrictions | $20,000 |
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 | $381,831 |
Over the last fiscal year, we have identified 2 grants that The Ballet Theatre Of Maryland Incorporated has recieved totaling $23,539.
Awarding Organization | Amount |
---|---|
Arts Council Of Anne Arundel County Inc Annapolis, MD PURPOSE: ARTS EDUCATION DEVELOPMENT | $23,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $539 |
Organization Name | Assets | Revenue |
---|---|---|
Pittsburgh Ballet Theatre Inc Pittsburgh, PA | $29,203,539 | $16,154,254 |
Pennsylvania Ballet Association Philadelphia, PA | $31,402,587 | $18,957,678 |
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 |
Central Pa Youth Ballet Carlisle, PA | $5,952,312 | $2,863,907 |
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 |
Attack Theatre Incorporated Pittsburgh, PA | $923,327 | $900,550 |
First State Ballet Theatre Inc Wilmington, DE | $879,591 | $1,031,345 |
Virginia Ballet Company And School Fairfax, VA | $330,622 | $658,444 |