Sarasota Ballet Of Florida Inc

Organization Overview

Sarasota Ballet Of Florida Inc, operating under the name The Sarasota Ballet, is located in Sarasota, FL. The organization was established in 1990. 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 05/2022, Sarasota Ballet employed 103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sarasota 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 05/2022, Sarasota Ballet generated $10.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $7.4m during the year ending 05/2022. While expenses have increased by 3.0% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE SARASOTA BALLET OF FLORIDA IS TO ENRICH LIVES, CAPTIVATE EMOTIONS AND STRENGTHEN THE COMMUNITY THROUGH THE ART OF DANCE.

Describe the Organization's Program Activity:

AN ART FORM BEYOND WORDS THAT TOUCHES US DEEPLY, BALLET PULLS US ALL INTO A WORLD OF BEAUTY AND GRACE. FOR OVER THIRTY YEARS, THE SARASOTA BALLET HAS LED OUR COMMUNITY IN THE CELEBRATION OF DANCE ENRICHING LIVES WITH BREATH TAKING PRODUCTIONS AND VISIONARY EDUCATIONAL PROGRAMS. THIS EXCITING ARTISTIC FORCE HAS ACHIEVED STATURE AND RECOGNITION FOLLOWING ITS MISSION TO BE A MAJOR RESIDENT COMPANY PRESENTING THE HIGHEST QUALITY OF CLASSICAL AND COMTEMPORARY DANCE.


DANCE - THE NEXT GENERATION IS A TEN-YEAR FULL-SCHOLARSHIP PROGRAM FOR AT-RISK CHILDREN. WITH AN AVERAGE ANNUAL ENROLLMENT OF 150 STUDENTS, DANCE - THE NEXT GENERATION'S DESIGN IS TO PREVENT CHILDREN IN THE SARASOTA COMMUNITY, BETWEEN THE AGES OF 8-18, FROM DROPPING OUT OF SCHOOL. THE BALLET PROVIDES TRANSPORTATION, INSTRUCTION, AND DANCEWEAR AT NO COST TO THE FAMILY.THE PROGRAM PROVIDES A SAFE HAVEN FOR THESE CHILDREN TO IMPROVE THEIR SELF-ESTEEM, TO LEARN RESPONSIBILITY AND DISCIPLINE, GAIN CONFIDENCE, AND ABOVE ALL TO LEARN THAT NO MATTER WHAT THEIR SOCIO-ECONOMIC STATUS IS, THEY CAN ACHIEVE ANYTHING THEY WANT IN LIFE. BEFORE ENTERING THE PROGRAM, THE CHILDREN ARE FACED WITH A GREAT DEAL OF SOCIAL, CULTURAL AND ACADEMIC CHALLENGES, BUT AS THEY PROGRESS THROUGH THE PROGRAM, THEY LEARN THE SKILLS THAT ARE NEEDED TO BECOME WELL-ROUNDED, PRODUCTIVE AND INVOLVED MEMBERS OF THE COMMUNITY.DANCE - THE NEXT GENERATION PRIDES ITSELF ON BEING THE ONLY PROGRAM OF ITS KIND THAT TAKES AT-RISK CHILDREN AND NURTURES THEM FOR TEN YEARS, WHILE AT THE SAME TIME PREPARES THEM TO TAKE ON THE ROLE OF RESPONSIBILITY OF BECOMING PRODUCTIVE CITIZENS.WE HAVE FOUND THAT AS THE STUDENTS PROGRESS, MOST OF THEM BECOME HONOR ROLL STUDENTS AND MAINTAIN BETWEEN A 3.7 AND 4.0 GRADE POINT AVERAGE. STUDENTS HAVE ALSO BEEN RECOGNIZED IN THE COMMUNITY AND HAVE RECEIVED AWARDS SUCH AS THE ROTARY CLUB'S AWARD FOR OUTSTANDING YOUNG CITIZEN IN OUR COMMUNITY, ACCEPTED INTO THE BLACK ACHIEVERS PROGRAM AND HAVE BEEN VALEDICTORIAN OF THEIR GRADUATING CLASS.


THE SARASOTA BALLET'S EDUCATION DEPARTMENT PROVIDES OPPORTUNITIES FOR ALL ABILITIES AND AGES TO DANCE. THE SARASOTA BALLET SCHOOL PROVIDES PROFESSIONAL INSTRUCTION FOR STUDENTS FROM 3 YEARS OF AGE TO ADULTS, OFFERING THE VERY BEST IN TRAINING BY OUR EXCEPTIONALLY QUALIFIED FACULTY. THE MARGARET BARBIERI CONSERVATORY IS A PRE-PROFESSIONAL PROGRAM, ATTRACTING STUDENTS FROM ACROSS THE NATION AND ABROAD TO STUDY UNDER THE SARASOTA BALLET'S EXPERIENCED EYES. THE SARASOTA BALLET'S INTERNATIONAL INTENSIVE IS AN ENRICHING 5 WEEK PROGRAM FOR THE ASPIRING PROFESSIONAL DANCER THAT OFFERS STUDENTS AN ELITE TRAINING PROGRAM IN A PROFESSIONAL AND SUPPORTIVE ENVIRONMENT WITH SPECIAL INTERNATIONAL GUEST FACULTY.


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Board, Officers & Key Employees

Name (title)Compensation
Iain Webb
Director
$237,465
Joseph Volpe
Executive Director
$202,458
Sara Robinson
Chief Advancement Officer
$150,985
Margaret Barbieri
Assistant Director
$143,754
Richard Johnson
Chair
$0
Frank Martucci
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$42,527
Fundraising events$1,244,216
Related organizations$0
Government grants $2,113,552
All other contributions, gifts, grants, and similar amounts not included above$4,661,333
Noncash contributions included in lines 1a–1f $216,121
Total Revenue from Contributions, Gifts, Grants & Similar$8,061,628
Total Program Service Revenue$2,061,866
Investment income $106,663
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,400
Net Gain/Loss on Asset Sales $4,469
Net Income from Fundraising Events -$222,635
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,013,391

Grants Recieved

Over the last fiscal year, we have identified 20 grants that Sarasota Ballet Of Florida Inc has recieved totaling $1,669,704.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$576,500
Gulf Coast Community Foundation Inc

Venice, FL

PURPOSE: ARTS & CULTURE

$416,810
Community Foundation Of Sarasota County Inc

Sarasota, FL

PURPOSE: GENERAL SUPPORT, PROGRAM SUPPORT

$299,515
Kretzmer Family Charitable Foundation Inc

Sarasota, FL

PURPOSE: DANCERS SUPPORT

$100,000
Shubert Foundation Inc

New York, NY

PURPOSE: GENERAL OPERATING

$55,000
Elster Foundation

Charlotte, NC

PURPOSE: CHARITABLE

$45,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,821,571
Earnings-$389,639
Net Contributions$2,553,990
Ending Balance$4,985,922

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