Atlanta Ballet Incorporated is located in Atlanta, GA. The organization was established in 1969. 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 07/2022, Atlanta Ballet Incorporated employed 170 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlanta Ballet 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 07/2022, Atlanta Ballet Incorporated generated $11.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $12.3m during the year ending 07/2022. While expenses have increased by 2.3% 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
ATLANTA BALLET SHARES THE POWER & JOY OF DANCE THROUGH A BALANCED, RICH & DIVERSE REPERTOIRE. IT BROADENS DANCE APPRECIATION, INSTRUCTION, AND EDUCATION THROUGHOUT THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATLANTA BALLET INTRODUCES NEARLY 65,000 PEOPLE ANNUALLY TO A WIDE SPECTRUM OF DANCE STYLES INCLUDING CLASSICAL AND CONTEMPORARY BALLETS, WITH EXCLUSIVE SIGNATURE COMMISSIONS BY TODAY'S TOP CHOREOGRAPHERS. EACH YEAR, ATLANTA BALLET PRESENTS A FULL ARTISTIC SEASON OF THREE FULL-EVENING BALLETS, A FAMILY ONE-HOUR BALLET, AND THE HOLIDAY CLASSIC, THE NUTCRACKER FOR A TOTAL OF 32 PERFORMANCES. BRINGING EACH OF THESE OUTSTANDING PRODUCTIONS TO THE STAGE IS BY THE BALLET'S 40-MEMBER PROFESSIONAL DANCE COMPANY, 16 ATLANTA BALLET 2 DANCERS, AND AN IN-HOUSE PRODUCTION CREW AND COSTUME SHOP. IN ADDITION TO THESE PERFORMANCES, THE BALLET OFFERS WEEKDAY STUDENT MATINEES, WHICH ENABLE NEARLY 15,000 SCHOOL CHILDREN TO EXPERIENCE THE ENCHANTMENT OF DANCE, OFTEN FOR THE FIRST TIME.
NOW IN ITS 24TH YEAR, THE CENTRE FOR DANCE EDUCATION (CDE) IS THE SIXTH-LARGEST DANCE EDUCATION PROGRAM IN THE COUNTRY AND ONE OF THE STRONGEST ARTS EDUCATION PROGRAMS IN ATLANTA. FULLY ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF DANCE, THE CDE IS ONE OF ONLY NINE ACCREDITED PROFESSIONAL DANCE SCHOOLS IN THE COUNTRY AND THE ONLY PROFESSIONAL DANCE SCHOOL IN GEORGIA WITH THIS DISTINCTION. ACROSS ITS THREE STUDIO LOCATIONS, THE CDE'S WORLD-CLASS FACULTY TEACHES OVER 1700 STUDENTS RANGING FROM THREE-YEAR-OLDS TO ADULTS WITH A CHALLENGING AND COMPREHENSIVE CURRICULUM DESIGNED TO INSPIRE FUTURE DANCERS. STUDENTS ALSO RECEIVE THE SPECIAL BENEFIT OF BEING ABLE TO REHEARSE WITH AND OBSERVE PROFESSIONAL DANCERS. ATLANTA BALLET'S ATLANTA BALLET 2 (AB2), PROVIDES STUDENTS AT THE TOP LEVEL OF THE CDE WITH OPPORTUNITIES TO DEVELOP TECHNICALLY THROUGH INTENSE TRAINING AS WELL AS ARTISTICALLY THROUGH EXTENSIVE PERFORMANCE EXPERIENCE. AB2 REPRESENTS ATLANTA BALLET'S CONTINUED COMMITMENT TO TRAINING DANCERS FOR PROFESSIONAL CAREERS AND SERVES AS A PATHWAY TO BECOMING AN ATLANTA BALLET COMPANY MEMBER. BY ENGAGING THE ATLANTA COMMUNITY WITH BALANCED, QUALITY PERFORMANCES AND NURTURING THE NEXT GENERATION OF YOUNG DANCERS, AB2 WILL SUPPORT THE GROWTH OF ATLANTA BALLET'S PROFESSIONAL COMPANY AND THE ORGANIZATION AT LARGE.
AT ATLANTA BALLET, WE RECOGNIZE THAT ACCESS TO DANCE IS A PRIVILEGE, AND OFTEN COMMUNITIES WITH HIGH LEVELS OF POVERTY ARE EXCLUDED. THE CDE'S COMMUNITY ENGAGEMENT PROGRAMS ARE DESIGNED TO BRING QUALITY DANCE EDUCATION AND EXPERIENCES TO OVER 16,000 CHILDREN EACH YEAR WHO MIGHT NOT OTHERWISE HAVE ACCESS TO THE ARTS. THROUGH THESE PROGRAMS, THE CDE INCORPORATES DANCE CLASSES INTO THE ACADEMIC CURRICULUM IN PUBLIC SCHOOLS AND COMMUNITY CENTERS ACROSS METRO-ATLANTA; PROVIDES $95,000 IN SCHOLARSHIPS TO PROMISING STUDENTS TO ATTEND CDE DANCE CLASSES; AND PRESENTS FREE AND REDUCED PRICE PERFORMANCES OF ATLANTA BALLET'S THE NUTCRACKER AND FAMILY BALLETS FOR PUBLIC, CHARTER, AND HOME SCHOOLS. THE CDE ACTS AS A CATALYST FOR ARTISTIC ENRICHMENT OF ALL PEOPLE AND ENCOURAGES ARTS DEVELOPMENT THROUGH ITS EDUCATION INITIATIVES, PROVIDING UNIQUE ARTISTIC PROGRAMS AND QUALITY DANCE EDUCATION TO DEVELOP ATLANTA'S HOME TALENT OF ARTISTS AND FUEL SUPPORT FOR THE ARTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gennadi Nedgivin Artistic Director | Officer | 40 | $213,913 |
Pamela Whitacre Coo/cfo | Officer | 40 | $166,176 |
Arthur Jacobus President & CEO | Officer | 40 | $148,333 |
Sharon Story Dean Centre Dance Education | Officer | 40 | $127,722 |
Mary Grace Herrington Chief Advancement Officer | Officer | 40 | $117,000 |
Patricia Ekholm Chief Marketing Officer | Officer | 40 | $102,914 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Utp Stagehands | 7/30/22 | $235,262 |
Chastain Square Rent | 7/30/22 | $196,876 |
You Are Here Videography | 7/30/22 | $190,000 |
4 Wall Entertainment Lighting/video Prod | 7/30/22 | $201,806 |
Next Marketing Stage Concept | 7/30/22 | $147,981 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $100,910 |
Related organizations | $0 |
Government grants | $2,327,035 |
All other contributions, gifts, grants, and similar amounts not included above | $2,724,268 |
Noncash contributions included in lines 1a–1f | $464,282 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,152,213 |
Total Program Service Revenue | $5,528,164 |
Investment income | $38,873 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $22,493 |
Net Gain/Loss on Asset Sales | $181,287 |
Net Income from Fundraising Events | $187,964 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $187,854 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,298,848 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $123,669 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,162,604 |
Compensation of current officers, directors, key employees. | $422,575 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,046,677 |
Pension plan accruals and contributions | $72,369 |
Other employee benefits | $773,139 |
Payroll taxes | $365,801 |
Fees for services: Management | $526,049 |
Fees for services: Legal | $21,275 |
Fees for services: Accounting | $55,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $14,073 |
Fees for services: Other | $3,575 |
Advertising and promotion | $617,139 |
Office expenses | $188,507 |
Information technology | $146,384 |
Royalties | $82,235 |
Occupancy | $1,126,320 |
Travel | $103,549 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $94,482 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $671,271 |
Insurance | $93,779 |
All other expenses | $63,708 |
Total functional expenses | $12,297,057 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,785,411 |
Savings and temporary cash investments | $61,746 |
Pledges and grants receivable | $705,658 |
Accounts receivable, net | $448,531 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $227,919 |
Prepaid expenses and deferred charges | $336,782 |
Net Land, buildings, and equipment | $12,333,497 |
Investments—publicly traded securities | $1,497,779 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $29,914 |
Other assets | $257,948 |
Total assets | $17,685,185 |
Accounts payable and accrued expenses | $456,547 |
Grants payable | $0 |
Deferred revenue | $1,712,272 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $1,650,000 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $3,818,819 |
Net assets without donor restrictions | $10,676,876 |
Net assets with donor restrictions | $3,189,490 |
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 | $17,685,185 |
Over the last fiscal year, we have identified 1 grants that Atlanta Ballet Incorporated has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Whitcomb Family Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Beg. Balance | $2,980,770 |
Earnings | $51,083 |
Admin Expense | $353,948 |
Net Contributions | $511,585 |
Ending Balance | $3,189,490 |
Organization Name | Assets | Revenue |
---|---|---|
Miami City Ballet Inc Miami Beach, FL | $20,106,864 | $19,857,804 |
Atlanta Ballet Incorporated Atlanta, GA | $17,685,185 | $11,298,848 |
Sarasota Ballet Of Florida Inc Sarasota, FL | $13,132,949 | $10,013,391 |
Orlando Ballet Inc Orlando, FL | $16,727,544 | $8,811,426 |
Carolina Ballet Inc Raleigh, NC | $2,591,733 | $5,042,638 |
Nashville Ballet Nashville, TN | $11,017,137 | $5,073,621 |
Ballet Memphis Corporation Memphis, TN | $34,630,248 | $4,251,856 |
State Of Alabama Ballet Inc Birmingham, AL | $2,991,745 | $2,506,530 |
Thomas Armour Youth Ballet Inc South Miami, FL | $1,962,067 | $2,525,155 |
Columbia City Ballet Company Columbia, SC | $347,590 | $1,160,258 |
Northwest Florida Ballet Inc Fort Walton Beach, FL | $1,697,627 | $1,107,429 |
Boca Ballet Theatre Company Boca Raton, FL | $998,932 | $1,075,086 |