Festival Ballet Of North Central Texas Inc
- Assets
- $71.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Denton, TX
- Founding
- 06/2001
- Data as of
- 12/2022
- EIN
- 75-2637779
Organization Overview
Festival Ballet Of North Central Texas Inc is located in Denton, TX. The organization was established in 2001. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Festival Ballet Of North Central Texas 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 12/2022, Festival Ballet Of North Central Texas Inc generated $131.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $119.5k during the year ending 12/2022. While expenses have increased by 10.0% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE NUTCRACKER PERFORMANCE AIMS TO PROVIDE A QUALITY EXPERIENCE FOR ITS 200+ CAST MEMBERS AND 5,000+ AUDIENCE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eldar Valiev Artistic Director | 40 | $50,000 | |
Christina Cost President | 4 | $0 | |
Eldar Valiev Vice President | 4 | $0 | |
Ashley Odom Secretary | 4 | $0 | |
Melissa Sims Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,897 |
| Total Program Service Revenue | $101,180 |
| Membership dues | $22,460 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $131,537 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,000 |
| Professional fees and other payments to independent contractors | $1,769 |
| Occupancy, rent, utilities, and maintenance | $24,338 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,411 |
| Total expenses | $119,518 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,557 |
| Other assets | $0 |
| Total assets | $71,557 |
| Total liabilities | $948 |
| Net assets or fund balances | $70,609 |