Ballet Spartanburg Inc
- Assets
- $819.8k
- Revenue
- $819.5k
- Investments
- $0.0
- Employees
- 30
- Location
- Spartanburg, SC
- Founding
- 08/1974
- Data as of
- 06/2022
- EIN
- 57-0658124
Organization Overview
Ballet Spartanburg Inc is located in Spartanburg, SC. The organization was established in 1974. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Ballet Spartanburg Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ballet Spartanburg Inc 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 Spartanburg Inc generated $819.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $839.4k during the year ending 06/2022. While expenses have increased by 5.4% 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 SPARTANBURG'S MISSION IS TO ENRICH, ENGAGE AND EDUCATE THE SPARTANBURG COMMUNITY BY PROVIDING THE HIGHEST QUALITY OF DANCE EDUCATION, PERFORMANCE AND OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BALLET SPARTANBURG ENRICHES, EDUCATES AND INSPIRES LIVES THROUGH PRESENTING THE HIGHEST OF QUALITY BALLET PRODUCTIONS. THESE PRODUCTIONS INCLUDE DANCERS FROM BALLET SPARTANBURG'S PROFESSIONAL COMPANY, DANCERS FROM THE CENTER FOR DANCE EDUCATION AND GUEST ARTISTS.
THE CENTER FOR DANCE EDUCATION IS AN INSTRUCTIONAL CENTER COMMITTED TO PROVIDING THE HIGHEST QUALITY DANCE EDUCATION IN A NON-COMPETITIVE ATMOSPHERE. TWO AREAS OF DANCE ARE CLASSICAL AND RECREATIONAL DIVISIONS. THE MISSION OF THE CFDE IS A COLLECTIVE EFFORT TO CREATE A PLEASANT AND SUPPORTIVE ATMOSPHERE FOR ARTISTIC EXCELLENCE THROUGH DANCE EDUCATION TO THRIVE. THE CENTER INSTRUCTS APPROXIMATELY 350 STUDENTS FROM SPARTANBURG AND SURROUNDING COUNTIES OFFERING APPROXIMATELY 37 DIFFERENT DANCE CLASSES FOR AGES TWO TO ADULT IN : BALLET, BALLROOM, BOYS ONLY CLASSES, CONTEMPORARY, CREATIVE, HIP HOP, IRISH STEP, LYRICAL, MODERN MUSICAL THEATRE, TAP AND JAZZ, HIP HOP/STREET DANCE AND TAP AND TWIRL.
IT IS OUR MISSION TO CONTINUE EDUCATING AND INSPIRING STUDENTS AND ADULTS IN SPARTANBURG AND SURROUNDING AREAS. BALLET SPARTANBURG'S EDUCATION AND COMMUNITY OUTREACH PERFORMS IN OVER 28 OUTREACH SITES AND IMPACTS OVER 23,000 CHILDREN AND ADULTS ANNUALLY. OUTREACH PROGRAMS INCLUDE: LECTURE/DEMONSTRATIONS FOR SCHOOLS; BALLET SPARTANBURG CITY DANCE, A SUMMER AND AFTER SCHOOL PROGRAM, TEACHES DANCE FOR AT-RISK, INNER CITY YOUTH: SCHOOL RESIDENCIES; IN AND AFTER SCHOOL DANCE PERFORMANCES IN PARTNERSHIP WITH THE CHAPMAN CULTURAL CENTER'S MUSE MACHINE PROGRAM; PERFORMANCES IN NURSING HOMES, HOSPITALS AND RETIREMENT CENTERS; PERFORMANCES AT COMMUNITY EVENTS, FESTIVALS AND PUBLIC EVENTS; FREE PERFORMANCES OF PETER AND THE WOLF FOR ALL 5K-4TH GRADERS IN SPARTANBURG CO. SCHOOLS; SCHOLARSHIP PROGRAMS; DANCE
BALLET SPARTANBURG ENRICHES, EDUCATES AND INSPIRES LIVES THROUGH PRESENTING THE HIGHEST OF QUALITY BALLET PRODUCTIONS. THESE PRODUCTIONS INCLUDE DANCERS FROM BALLET SPARTANBURG'S PROFESSIONAL COMPANY, DANCERS FROM THE CENTER FOR DANCE EDUCATION AND GUEST ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Hough Executive Di | Officer | 40 | $69,825 |
Denise Beers-Kiepper Member | Trustee | 1 | $0 |
Dr James Bradof Member | Trustee | 1 | $0 |
Kinsey Blackwell Secretary | Trustee | 1 | $0 |
Timothy Bush Member | Trustee | 1 | $0 |
David Cato Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,056 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $39,841 |
| All other contributions, gifts, grants, and similar amounts not included above | $376,040 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $424,937 |
| Total Program Service Revenue | $387,138 |
| Investment income | $7,408 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $819,483 |
| 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. | $69,825 |
| Compensation of current officers, directors, key employees. | $5,935 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $345,376 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,075 |
| Payroll taxes | $36,213 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,550 |
| Fees for services: Accounting | $8,435 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $39,837 |
| Office expenses | $389 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $127,486 |
| Travel | $4,058 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,599 |
| Insurance | $5,625 |
| All other expenses | $23,559 |
| Total functional expenses | $839,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,093 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,871 |
| 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 | $385 |
| Net Land, buildings, and equipment | $5,703 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $510,738 |
| Total assets | $819,790 |
| Accounts payable and accrued expenses | $11,806 |
| Grants payable | $0 |
| Deferred revenue | $108,492 |
| 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 | $0 |
| Total liabilities | $120,298 |
| Net assets without donor restrictions | $674,382 |
| Net assets with donor restrictions | $25,110 |
| 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 | $819,790 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Ballet Spartanburg Inc has recieved totaling $16,485.
| Awarding Organization | Amount |
|---|---|
Spartanburg County Foundation Spartanburg, SC PURPOSE: GENERAL SUPPORT | $11,800 |
Mary Black Foundation Inc Spartanburg, SC PURPOSE: WEST AFRICAN COMMUNITY DANCE PROGRAM | $1,680 |
Harry H Gibson Family Foundation Spartanburg, SC PURPOSE: CHARITABLE | $1,000 |
Rose Montgomery@johnston Family Foundation Memphis, TN PURPOSE: ARTS/CULTURAL | $1,000 |
Anna M Black Charitable Foundation Inc Spartanburg, SC PURPOSE: FUND COMMUNITY-BASED CHARITIABLE INITIATIVES | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charlotte Ballet Charlotte, NC | $20,235,608 | $4,763,253 |
American Dance Festival Inc Durham, NC | $15,847,262 | $2,712,778 |
Several Dancers Core Inc Decatur, GA | $510,518 | $925,008 |
Broadway Dreams Foundation Corporation Alpharetta, GA | $370,059 | $1,061,609 |
Ballet Spartanburg Inc Spartanburg, SC | $819,790 | $819,483 |
Dancefx Athens, GA | $335,029 | $831,128 |
North Carolina Arts In Action Inc Durham, NC | $589,920 | $613,995 |
Centre Stage South Carolina Greenville, SC | $1,481,967 | $645,857 |
Canopy Studio Inc Athens, GA | $638,199 | $696,461 |
South Georgia Ballet Thomasville, GA | $664,335 | $561,821 |
Roswell Dance Theatre Inc Roswell, GA | $151,910 | $295,469 |
Greensboro Ballet Inc Greensboro, NC | $53,408 | $341,342 |