Ballet Wolcott Inc is located in Wolcott, VT. 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. Ballet Wolcott 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, Ballet Wolcott Inc generated $87.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $74.7k during the year ending 06/2024. While expenses have increased by 5.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
BALLETT WOLCOTT, INC. OFFERS ONGOING DANCE CLASSES WHICH ARE HELD ON A WEEKLY BASIS THROUGHOUT THE YEAR AND ARE AVAILABLE FOR ALL COMMUNITY MEMBERS AGES 3 THROUGH ADULT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Yarrow President | 1 | $0 | |
Helene Nilsen Vice Preside | 1 | $0 | |
Linda Martin Secretary | 1 | $0 | |
Steve Clayton Treasurer | 1 | $0 | |
Nicole Greene-Cramer Board Member | 1 | $0 | |
Robin Laplante Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $11,670 |
Total Program Service Revenue | $74,887 |
Membership dues | $0 |
Investment income | $7 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $603 |
Other Revenue | $0 |
Total Revenue | $87,167 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $56,466 |
Professional fees and other payments to independent contractors | $1,650 |
Occupancy, rent, utilities, and maintenance | $6,016 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $10,555 |
Total expenses | $74,687 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $47,574 |
Other assets | $0 |
Total assets | $47,574 |
Total liabilities | $69 |
Net assets or fund balances | $47,505 |