Fadeyev Ballet Inc

Organization Overview

Fadeyev Ballet Inc is located in Greenvale, NY. The organization was established in 2018. According to its NTEE Classification (A63) the organization is classified as: Ballet, 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. Fadeyev Ballet 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 06/2024, Fadeyev Ballet Inc generated $202.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $205.3k during the year ending 06/2024. While expenses have increased by 8.4% 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 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PROVIDES ART EDUCATION AND AWARENESS BY TEACHING YOUTHS THE ART OF BALLET, AS WELL AS OTHER DANCE SKILLS, AND CONNECTS MEMBERS OF THE LONG ISLAND COMMUNITY THROUGH DANCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION TEACHES THE ART OF BALLET AND OTHER DANCE SKILLS TO YOUTHS AGES 4 TO 18, WHILE ALOS HAVING THE FOCUS OF CONNECTING THE SURROUNDING LONG ISLAND COMMUNITY THROUGH THE ART OF DANCE.


THE ORGANIZATION IS DEDICATED TO INTRODUCING UNDERSERVED COMMUNITIES TO LIVE PERFORMANCES BY GIVING THEM FREE TICKETS TO BALLETS AND MUSICALS. THE GOAL IS TO INSPIRE AND NURTURE A CONNECTION TO THE PERFORMING ARTS.


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Board, Officers & Key Employees

Name (title)Compensation
Juliana Fadeyev
Treasurer
$61,000
Yaroslav Fadeyev
President
$28,600
Madeline Lopresti
Secretary
$0
Maxine Geller
Director
$0
Arlene Morizio
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,791
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,791
Total Program Service Revenue$199,290
Investment income $0
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 $202,081

Peer Organizations

Organization NameAssets
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New York, NY
$37,444,472
Boston Ballet Inc
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$41,126,452
New York City Ballet Inc
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$35,122,869
Pennsylvania Ballet Association
Philadelphia, PA
$21,442,341
Pittsburgh Ballet Theatre Inc
Pittsburgh, PA
$16,154,254
Dance Theatre Of Harlem Inc
New York, NY
$7,516,917
Youth America Grand Prix Inc
New York, NY
$6,479,632
Ballet Tech Foundation Inc
New York, NY
$6,093,647
Princeton Ballet Society
New Brunswick, NJ
$4,573,316
Central Pa Youth Ballet
Carlisle, PA
$4,544,619
American Friends Of Covent Garden The Royal Opera The Royal Ballet
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$3,352,291
New Jersey Ballet Company Inc
Florham Park, NJ
$2,295,624
Les Ballets Trockadero De Monte Carlo Inc
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$1,701,558
Brooklyn Ballet Inc
Brooklyn, NY
$1,292,591
City Ballet Of Boston Inc
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$714,896
Mystic Ballet Inc
Stonington, CT
$1,664,449
Attack Theatre Incorporated
Pittsburgh, PA
$1,326,978
Balletcollective Inc
New York, NY
$886,047
Connecticut Ballet Inc
Hartford, CT
$803,158
Ballet Theatre Company
West Hartford, CT
$725,115
Eglevsky Ballet Company Of L I Inc
Bethpage, NY
$781,412
New Haven Ballet Inc
New Haven, CT
$1,022,520
Dance Ring
New York, NY
$818,532
Ballet Artists Of Wny Inc
Bufflo, NY
$694,403
New Jersey Dance Theatre Ensemble Inc
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$713,546

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