Ballet West
- Assets
- $27.2m
- Revenue
- $21.2m
- Investments
- $0.0
- Employees
- 638
- Location
- Salt Lake City, UT
- Founding
- 12/1963
- Data as of
- 07/2024
- EIN
- 87-0264274
Organization Overview
Ballet West is located in Salt Lake City, UT. The organization was established in 1963. 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 07/2024, Ballet West employed 638 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ballet West 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 07/2024, Ballet West generated $21.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $18.3m during the year ending 07/2024. While expenses have increased by 5.3% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
BALLET WEST INSPIRES AND EMPOWERS A BROAD COMMUNITY LOCALLY AND GLOBALLY THROUGH EXPOSURE, TRAINING AND EDUCATION ON THE ART OF BALLET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A.BALLET WEST PRESENTS SIX MAIN STAGE PRODUCTIONS AND ONE FAMILY CLASSICS SERIES PRODUCTION EVERY YEAR WITH NUMEROUS EVENTS INCLUDING INTERMISSION RECEPTIONS, ARTIST CONVERSATIONS, DONOR DINNERS, COMMUNITY OUTREACH ACTIVITIES, STUDENT PERFORMANCES, SALON EVENTS, AND OTHER SPECIAL EVENTS SUCH AS THE ANNUAL SPRING SOIREE, I CAN DO CELEBRATION EVENT, AND THE END-OF-SEASON CLOSING NIGHT PARTY.
B.BALLET WEST IS HOME TO THE FREDERICK QUINNEY LAWSON BALLET WEST ACADEMY WITH FOUR TRAINING CAMPUSES AND APPROXIMATELY 1,000 STUDENTS AGED 3-18 IN CLASSICAL BALLET, JAZZ, AND TAP. STUDENTS FROM ALL CAMPUSES HAVE AN OPPORTUNITY TO PERFORM WITH MAIN COMPANY DANCERS DURING A REGULAR PRODUCTION SEASON, PROVIDING THEM THE RARE OPPORTUNITY TO PERFORM ON STAGE AND GAIN REAL-WORLD EXPERIENCE.
C.BALLET WEST YOUTH EDUCATION AND COMMUNITY OUTREACH PROGRAM SERVES APPROXIMATELY 148,000 K-12 STUDENTS AND TEACHERS, SPECIAL NEEDS INDIVIDUALS, AND OTHER COMMUNITY MEMBERS WITH ENGAGING ARTS EDUCATION OPPORTUNITIES AND COMMUNITY OUTREACH ACTIVITIES THROUGHOUT THE STATE OF UTAH ANNUALLY, DIGITAL AND/OR IN-PERSON, AND FREE-OF-CHARGE. THE PROGRAMS CELEBRATE THE ARTISTRY AND ATHLETICISM OF BALLET, ALLOWING UTAHANS OF ALL AGES AND FROM ALL BACKGROUNDS THE OPPORTUNITY TO EXPERIENCE THE ART FORM THROUGH VARIOUS TOUCHPOINTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Sklute Director | Officer | 40 | $265,000 |
Michael Scolamiero Executive Dir. | Officer | 40 | $265,000 |
Andrew Goldberg Director | Officer | 40 | $175,000 |
Elizabeth Crawford CFO | Officer | 40 | $131,000 |
Evelyn Cisneros-Legate Director | Officer | 40 | $105,000 |
Michael Curry Director | Officer | 40 | $110,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,226,237 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,546,839 |
| Noncash contributions included in lines 1a–1f | $62,211 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,773,076 |
| Total Program Service Revenue | $10,437,264 |
| Investment income | $336,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $546,440 |
| 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 | $114,801 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,208,554 |
| 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. | $1,106,125 |
| Compensation of current officers, directors, key employees. | $409,099 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,304,603 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $841,400 |
| Payroll taxes | $955,906 |
| Fees for services: Management | $281,845 |
| Fees for services: Legal | $38,063 |
| Fees for services: Accounting | $47,053 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $41,841 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,003,588 |
| Office expenses | $163,756 |
| Information technology | $0 |
| Royalties | $283,310 |
| Occupancy | $1,015,223 |
| Travel | $524,106 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $301,030 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $792,736 |
| Insurance | $84,879 |
| All other expenses | $752,409 |
| Total functional expenses | $18,320,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,773,955 |
| Pledges and grants receivable | $2,040,426 |
| Accounts receivable, net | $125,503 |
| 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 | $1,197,485 |
| Net Land, buildings, and equipment | $10,698,310 |
| Investments—publicly traded securities | $4,042,985 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,350,818 |
| Total assets | $27,229,482 |
| Accounts payable and accrued expenses | $1,034,070 |
| Grants payable | $0 |
| Deferred revenue | $1,182,230 |
| 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 | $4,622,883 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,114,429 |
| Total liabilities | $8,953,612 |
| Net assets without donor restrictions | $10,261,203 |
| Net assets with donor restrictions | $8,014,667 |
| 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 | $27,229,482 |