Saratoga Springs Youth Ballet Inc
- Assets
- $211.2k
- Revenue
- $318.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Ballston Spa, NY
- Founding
- Data as of
- 08/2023
- EIN
- 85-2456481
Organization Overview
Saratoga Springs Youth Ballet Inc is located in Ballston Spa, NY. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Saratoga Springs Youth Ballet Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saratoga Springs Youth 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 08/2023, Saratoga Springs Youth Ballet Inc generated $318.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $274.5k during the year ending 08/2023. 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
REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO SUBMISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING ITS THIRD YEAR OF OPERATION, SARATOGA SPRINGS YOUTH BALLET OFFERED QUALITY DANCE INSTRUCTION TO OVER 120 CHILDREN FROM THE GREATER SARATOGA REGION. FIVE DANCERS WERE SCHOLARSHIP RECIPIENTS. THE CORPORATION CONTINUOUSLY WORKS TO INCREASE OUTREACH PROGRAMS, HAVING OFFERED PERFORMANCES AT THE SARATOGA SPRINGS PUBLIC LIBRARY AND AT THE HOME OF THE GOOD SHEPHERD. OVER 100 DANCERS PERFORMED IN OUR SECOND NUTCRACKER PRODUCTION AT THE PERFORMING ARTS CENTER AT THE UNIVERSITY AT ALBANY. SARATOGA SPRINGS YOUTH BALLET PROVIDED FREE TICKETS TO MEMBERS OF AIM SERVICES AND TO THE GREENWICH YOUTH CENTER. IN MAY, 20 ADVANCED LEVEL DANCERS TRAVELED TO HARRISBURG, PA TO PARTICIPATE AT THE REGIONAL DANCE AMERICA NORTHEAST REGION FESTIVAL. ALL SARATOGA SPRINGS YOUTH BALLET STUDENTS PERFORMED AT THE JUNE SPRING CONCERT. OVER A PERIOD OF SIX WEEKS, WE OFFERED THREE DISTINCT SUMMER PROGRAMS WITH RENOWNED DANCE EDUCATORS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cristiane Santos Chairwoman | OfficerTrustee | 40 | $43,580 |
Joan K Anderson Vice Chair | OfficerTrustee | 40 | $43,558 |
Jason Bedell Treasurer | OfficerTrustee | 1 | $0 |
Katherine Breitenbach Director | Trustee | 1 | $0 |
Erika Seller Ryan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,110 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,360 |
| Total Program Service Revenue | $315,502 |
| Investment income | $968 |
| 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 | $318,830 |
| 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. | $87,138 |
| Compensation of current officers, directors, key employees. | $43,569 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,118 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,492 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,534 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,249 |
| Advertising and promotion | $7,400 |
| Office expenses | $651 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,476 |
| Travel | $11,447 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,260 |
| Insurance | $2,552 |
| All other expenses | $0 |
| Total functional expenses | $274,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,315 |
| Savings and temporary cash investments | $160,632 |
| 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 | $30,217 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $211,164 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,207 |
| Total liabilities | $14,207 |
| Net assets without donor restrictions | $196,957 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $211,164 |