Ballet Co-Laboratory
- Assets
- $117.7k
- Revenue
- $657.3k
- Investments
- $0.0
- Employees
- 16
- Location
- Saint Paul, MN
- Founding
- 09/2019
- Data as of
- 06/2023
- EIN
- 83-1824484
Organization Overview
Ballet Co-Laboratory, operating under the name Ballet CoLaboratory, is located in Saint Paul, MN. The organization was established in 2019. 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 06/2023, Ballet CoLaboratory employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ballet CoLaboratory 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 06/2023, Ballet CoLaboratory generated $657.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 32.4% each year . All expenses for the organization totaled $738.0k during the year ending 06/2023. While expenses have increased by 28.0% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENRICH THE COMMUNITY WITH EDUCATION PERFORMANCE AND COLLABORATION INSPIRED BY THE ART OF BALLET. PROVIDE A HOME FOR DANCERS AND MOVERS IN NEED OF A TRAINING AND REHEARSAL LOCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
5TH YEAR RUNNING A BALLET SCHOOL OFFERING A PRE-PROFESSIONAL TRAINING PROGRAM ACROSS 7 LEVELS OF INCREASING SKILLS. OVER 80 STUDENTS COMPLETED A FULL YEAR OF TRAINING WITH BALLET CO.LABORATORY. ALSO PRESENTED A DROP-IN PROGRAM FOR MORE ADVANCED AND ADULT DANCERS AMATEURS AND PROFESSIONALS ALIKE. ABOUT 90 INDIVIDUALS PARTICIPATED REGULARLY IN THIS PROGRAM. EXPENSES REPORTED HERE ARE THE DIRECT EXPENSES.
PRODUCED A 32 WEEK PROFESSIONAL SEASON WITH A COMPANY OF 10 PROFESSIONAL DANCERS. THIS SEASON'S PRODUCTIONS WERE: SNOW QUEEN HOLIDAY THE WILD RUMPUS KITCHEN DANCES AND CARMEN JUNE - SEASON CLOSURE. FURTHER THE COMPANY PERFORMED AT SEVERAL OUTREACH VENUES. MOST NOTABLE: CHILDREN'S HOSPITAL LANDMARK CENTER AND THE PRIDE PARADE. EXPENSES REPORTED HERE ARE THE DRIECT EXPENSES.
INDIRECT EXPENSES NOT INCLUDED IN LINE 4A AND LINE 4B INCURRED TO SUPPORT EXEMPT FUNCTION REVENUE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsay Keller President Chair | Trustee | 2 | $0 |
Monica Hartberg Vice President Secretary | Trustee | 2 | $0 |
Denis Henrot Treasurer | Trustee | 4 | $0 |
Dee Baskin Voting Board Member | Trustee | 0.5 | $0 |
Kelly Fellows Voting Board Member | Trustee | 1 | $0 |
Rachel Koep Managing Director | Officer | 40 | $76,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $34,350 |
| Related organizations | $0 |
| Government grants | $34,020 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,359 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,729 |
| Total Program Service Revenue | $477,813 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $20,255 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,257 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,216 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $657,270 |
| 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. | $125,000 |
| Compensation of current officers, directors, key employees. | $31,563 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $301,315 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,470 |
| Payroll taxes | $27,237 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,581 |
| Fees for services: Accounting | $1,261 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,382 |
| Office expenses | $6,535 |
| Information technology | $6,025 |
| Royalties | $0 |
| Occupancy | $134,525 |
| Travel | $3,034 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,354 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,448 |
| Insurance | $6,170 |
| All other expenses | $0 |
| Total functional expenses | $737,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,969 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $96,692 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $117,661 |
| 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 | $287,500 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $71,468 |
| Other liabilities | $0 |
| Total liabilities | $358,968 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | -$241,307 |
| Total liabilities and net assets/fund balances | $117,661 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Milwaukee Ballet Company Inc Milwaukee, WI | $26,280,573 | $9,458,599 |
Marcus Center For The Performing Arts Inc Milwaukee, WI | $26,052,068 | $8,419,632 |
Ballet Theatre Of Des Moines West Des Moines, IA | $244,724 | $859,856 |
Ballet Co-Laboratory Saint Paul, MN | $117,661 | $657,270 |
Duluth Ballet Inc Duluth, MN | $379,656 | $923,188 |
Mankato Ballet Company Mankato, MN | $584,214 | $679,485 |
Northern Plains Ballet Bismarck, ND | $1,532,374 | $640,019 |
Ballet Works Inc Minneapolis, MN | $179,331 | $448,323 |
Kanopy Dance Theatre Inc Madison, WI | -$210,151 | $293,593 |
Central Midwest Ballet Inc Middleton, WI | $126,452 | $304,716 |
North Dakota Ballet Company Grand Forks, ND | $377,128 | $384,707 |
Continental Ballet Company Bloomington, MN | $100,243 | $0 |
Ballet Minnesota Inc Saint Paul, MN | $8,373 | $137,066 |
South Dakota Ballet Co Beresford, SD | $9,933 | $0 |
Magnum Opus Inc Madison, WI | $103,889 | $0 |
Minnesota Ballet Theatre Eden Prairie, MN | $63,837 | $0 |
Wausau Dance Theatre Incorporated Wausau, WI | $3,244 | $0 |
Ballet Inc Appleton, WI | $27,348 | $0 |