Ballet Arkansas
- Assets
- $727.3k
- Revenue
- $993.6k
- Investments
- $0.0
- Employees
- 20
- Location
- Little Rock, AR
- Founding
- 07/1979
- Data as of
- 06/2022
- EIN
- 71-0508968
Organization Overview
Ballet Arkansas is located in Little Rock, AR. The organization was established in 1979. 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 Arkansas employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ballet Arkansas 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 Arkansas generated $993.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $557.2k during the year ending 06/2022. While expenses have increased by 2.8% 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
PROVIDE WORLD-CLASS DIVERSE INNOVATIVE DANCE PROGRAMMING AND EDUCATION TO ARKANSAS AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE ARTS IN THE PUBLIC AND SCHOOL FORUM THROUGH PERFORMANCES AND EDUCATIONAL PROGRAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Andy Terry Treasurer | Officer | 1 | $0 |
Eliese Freeman-Crumley President | Officer | 1 | $0 |
Stacy Bell Secretary | Officer | 1 | $0 |
Alan Bagley Vice Preside | Officer | 1 | $0 |
Dr Danny Fletcher Member | Trustee | 1 | $0 |
Dr Amy Galdamez Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $28,425 |
| Related organizations | $0 |
| Government grants | $274,081 |
| All other contributions, gifts, grants, and similar amounts not included above | $169,636 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $472,142 |
| Total Program Service Revenue | $509,604 |
| Investment income | $1,283 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,585 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $993,614 |
| 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. | $45,000 |
| Compensation of current officers, directors, key employees. | $22,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $165,663 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,132 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,617 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $21,277 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $718 |
| 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 | $0 |
| Insurance | $9,572 |
| All other expenses | $30,975 |
| Total functional expenses | $557,235 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $726,300 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $727,300 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $148 |
| Total liabilities | $148 |
| Net assets without donor restrictions | $719,160 |
| Net assets with donor restrictions | $7,992 |
| 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 | $727,300 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ballet Arkansas has recieved totaling $1,113.
| Awarding Organization | Amount |
|---|---|
The Hussman Foundation Little Rock, AR PURPOSE: ARTS | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $113 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Ballet Foundation Houston, TX | $166,414,247 | $49,258,253 |
Kansas City Ballet Association Kansas City, MO | $44,028,561 | $12,814,564 |
Ballet Austin Incorporated Austin, TX | $16,567,497 | $9,559,928 |
Texas Ballet Theater Inc Fort Worth, TX | $14,755,979 | $10,675,442 |
Tulsa Ballet Theater Inc Tulsa, OK | $22,400,601 | $8,502,170 |
Nashville Ballet Nashville, TN | $11,017,137 | $5,073,621 |
Ballet Memphis Corporation Memphis, TN | $34,630,248 | $4,251,856 |
Ballet Oklahoma Inc Oklahoma City, OK | $9,840,405 | $3,365,985 |
Laurie Foundation For The Performing Arts Columbia, MO | $6,459,045 | $968,148 |
Ballet Lubbock Lubbock, TX | $11,609,353 | $2,793,378 |
Ballet Magnificat Jackson, MS | $1,863,123 | $2,272,042 |
Lone Star Ballet Inc Amarillo, TX | $2,855,420 | $1,229,506 |