Ballet Etudes
- Assets
- $223.4k
- Revenue
- $696.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Gilbert, AZ
- Founding
- 09/1989
- Data as of
- 06/2022
- EIN
- 86-0597233
Organization Overview
Ballet Etudes is located in Gilbert, AZ. The organization was established in 1989. 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 Etudes 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 06/2022, Ballet Etudes generated $696.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $672.9k during the year ending 06/2022. While expenses have increased by 6.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TEACH AND PROMOTE BALLET TO CHILDREN/YOUTH BY PROVIDING OPPORTUNITIES TO LEARN AND PERFORM BALLET. PERFORMANCES ALLOW VIEWERS TO LEARN AND APPRECIATE THE ART OF BALLET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE BALLET FOR YOUTH BY PROVIDING OPPORTUNITY TO LEARN AND PERFORM BALLET. PERFORMANCES ALLOW VIEWERS TO LEARN ANDAPPRECIATE THE ART OF BALLET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Sagar President | Officer | 0 | $0 |
Megan Girard Director | Officer | 0 | $0 |
Erin Walsh-Beguin Vice President | Officer | 0 | $0 |
Tracey Scalzo Treasurer | Officer | 0 | $0 |
Rakelle Springmeyer Director | Officer | 0 | $0 |
Kent Layton Vice President | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,200 |
| Fundraising events | $5,839 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,498 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,537 |
| Total Program Service Revenue | $629,099 |
| Investment income | $26 |
| 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 | $12,705 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $696,367 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $954 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $41,960 |
| Office expenses | $551 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $195,776 |
| Travel | $0 |
| 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 | $5,722 |
| Insurance | $2,823 |
| All other expenses | $43,125 |
| Total functional expenses | $672,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,902 |
| 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 | $35,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $223,402 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $223,402 |
| 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 | $223,402 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ballet Etudes has recieved totaling $111.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $111 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Ballet Association San Francisco, CA | $42,362,954 | $42,335,157 |
Ballet West Salt Lake City, UT | $14,080,358 | $17,158,931 |
Colorado Ballet Company Denver, CO | $10,776,318 | $9,808,216 |
Ballet Arizona Phoenix, AZ | $11,465,321 | $6,255,701 |
The Wooden Floor For Youth Movement Santa Ana, CA | $14,794,829 | $2,954,503 |
Smuin Ballets-Sf San Francisco, CA | $10,091,492 | $3,860,023 |
Dance Downtown La Inc Los Angeles, CA | $2,086,365 | $3,424,604 |
Aspen Santa Fe Ballet Aspen, CO | $7,448,531 | $3,007,327 |
Wonderbound Denver, CO | $4,425,325 | $2,413,096 |
Long Beach Ballet Arts Center Long Beach, CA | $362,666 | $1,208,690 |
Berkeley Ballet Theatre Inc Berkeley, CA | $687,595 | $961,031 |
The Boulder Ballet Boulder, CO | $335,966 | $1,043,375 |