Metropolitan Ballet Theatre Inc

Organization Overview

Metropolitan Ballet Theatre Inc is located in Alpharetta, GA. The organization was established in 1999. 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, Metropolitan Ballet Theatre Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Ballet Theatre 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, Metropolitan Ballet Theatre Inc generated $201.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $176.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO TRAIN YOUNG PEOPLE TO DANCE AND TO PROVIDE PUBLIC PERFORMANCES

Describe the Organization's Program Activity:

Part 3 - Line 4a

TRAINED OVER 50 YOUNG DANCERS IN THE ART OF CLASSICAL BALLET TO PROMOTE EXCELLENCE BASED UPON THE HIGHEST STANDARDS OF PROFESSIONALISM AND INTEGRITY AND PROVIDE THE YOUTH WITH LIFE LONG VALUES


PRODUCED BALLET PERFORMANCE TO BUILD COMMMUNITY RELATIONSHIPS THROUGH PUBLIC PERFORMANCES INCLUDING OUTREACH TO SCHOOLS, NURSING HOMES AND ASSISTED LIVING CENTERS. THESE PERFORMANCES REACHED AUDIENCES OF AN ESTIMATED 5000 PERSONS


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Board, Officers & Key Employees

Name (title)Compensation
Maniya Barredo
Artistic Director
$50,375
Brent Goolsby
Chairman
$0
Sandy Marcon
Treasurer
$0
Dione D Matthews
Director
$0
Matthew Kennedy
Director
$0
Michelle Harvin
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,500
All other contributions, gifts, grants, and similar amounts not included above$30,262
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$36,762
Total Program Service Revenue$164,299
Investment income $1
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 $201,062

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