Barak Ballet
- Assets
- $65.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 12/2018
- Data as of
- 12/2022
- EIN
- 82-2490098
Organization Overview
Barak Ballet is located in Santa Monica, CA. 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. Barak 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 12/2022, Barak Ballet generated $69.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $362.4k during the year ending 12/2022. 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
TO PROMOTE THE ART OF BALLET AND PUBLIC APPRECIATION AND UNDERSTANDING OF BALLET
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Barak Director | 0 | $0 | |
Craig Olsen Chairman | 0 | $0 | |
Rachel Weber Vice President | 0 | $0 | |
Victoria Yust Secretary | 0 | $0 | |
Peter Gross Director | 0 | $0 | |
Aradhna Taneja Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,236 |
| Total Program Service Revenue | $21,411 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,647 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $67,394 |
| Professional fees and other payments to independent contractors | $225,106 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $69,910 |
| Total expenses | $362,410 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,688 |
| Other assets | $0 |
| Total assets | $65,578 |
| Total liabilities | $512 |
| Net assets or fund balances | $65,066 |