Charlottesville Ballet
- Assets
- $2.1m
- Revenue
- $2.0m
- Investments
- $125.0k
- Employees
- 45
- Location
- Charlottesville, VA
- Founding
- 08/2010
- Data as of
- 06/2023
- EIN
- 90-0545068
Organization Overview
Charlottesville Ballet, operating under the name Charlottesville Ballet Inc, is located in Charlottesville, VA. The organization was established in 2010. 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, Charlottesville Ballet Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlottesville 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 06/2023, Charlottesville Ballet Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $1.6m during the year ending 06/2023. While expenses have increased by 13.3% per year over the past 6 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
TO ELEVATE THE ART OF DANCE THROUGH WELLNESS, PERFORMANCE, EDUCATION, AND COMMUNITY OUTREACH
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARLOTTESVILLE BALLET (CB) IS A PROFESSIONAL BALLET COMPANY, DANCE ACADEMY, AND 501(C)(3) NONPROFIT ORGANIZATION BASED IN CHARLOTTESVILLE, VA. FOUNDED IN 2007 WITH A UNIQUE MISSION FOR DANCER WELLNESS, CB IS THE ONLY FULL-TIME PROFESSIONAL DANCE COMPANY IN THE AREA, AND IS THE RESIDENT DANCE COMPANY OF LYNCHBURG AT THE ACADEMY CENTER OF THE ARTS. THE PROFESSIONAL COMPANY IS COMPRISED OF DANCERS FROM ALL OVER THE UNITED STATES AND ABROAD. CHARLOTTESVILLE BALLET ACADEMY (CBA), THE OFFICIAL TRAINING SCHOOL OF CB, OPENED IN JULY 2011 AND IS A NON PROFIT CENTER FOR DANCE EDUCATION SERVING OVER 600 STUDENTS. CBA OFFERS TRAINING IN ALL DANCE GENRES FOR AGES TWO THROUGH ADULT AND OFFERS PERFORMANCE OPPORTUNITIES FOR YOUNG DANCERS ALONGSIDE THE PROFESSIONAL COMPANY. "CB MOVES" IS THE OUTREACH COMPONENT OF CHARLOTTESVILLE BALLET THAT PROVIDES FREE PROGRAMMING FOR MEMBERS OF OUR COMMUNITY. CB MOVES INCLUDES 1) CHANCE TO DANCE (C2D), AN AFTER-SCHOOL PROGRAM FOR GRADES K-5 THAT GIVES UNDERSERVED CHILDREN HANDS-ON EXPERIENCE WITH THE ARTS, 2) MOVEMENT FOR PARKINSON'S, FREE WEEKLY DANCE CLASSES FOR PEOPLE DIAGNOSED WITH PARKINSON'S DISEASE AND THEIR CARE PARTNERS, 3) SILVER SWANS, FREE WEEKLY DANCE CLASSES FOR SENIORS, 4) ONCE UPON A BALLET, FREE PERFORMANCE EVENTS THROUGHOUT THE COMMUNITY BY OUR PROFESSIONAL DANCERS, AND 5) ADAPTIVE DANCE CLASSES FOR PEOPLE WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Clayborne Executive Dir. | OfficerTrustee | 45 | $75,939 |
Emily Hartka Executive Dir. | OfficerTrustee | 45 | $75,939 |
Sigi Bowling Director | Trustee | 1 | $0 |
Virginia Cenedella Director | Trustee | 1 | $0 |
Janis Chevalier Director | Trustee | 1 | $0 |
Kahtra Kayton Chairperson | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $92,020 |
| All other contributions, gifts, grants, and similar amounts not included above | $909,182 |
| Noncash contributions included in lines 1a–1f | $284,641 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,001,202 |
| Total Program Service Revenue | $1,031,949 |
| Investment income | $15,318 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,204 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,049,673 |
| 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. | $154,507 |
| Compensation of current officers, directors, key employees. | $7,724 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $638,647 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $61,122 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,552 |
| Fees for services: Accounting | $28,284 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,053 |
| Advertising and promotion | $44,859 |
| Office expenses | $69,580 |
| Information technology | $13,105 |
| Royalties | $0 |
| Occupancy | $258,999 |
| Travel | $23,388 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,607 |
| Interest | $3,130 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,378 |
| Insurance | $11,014 |
| All other expenses | $2,191 |
| Total functional expenses | $1,589,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,838 |
| Savings and temporary cash investments | $983,580 |
| Pledges and grants receivable | $132,814 |
| 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 | $10,411 |
| Net Land, buildings, and equipment | $255,762 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $125,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $590,770 |
| Total assets | $2,100,175 |
| Accounts payable and accrued expenses | $72,727 |
| Grants payable | $0 |
| Deferred revenue | $109,601 |
| 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 | $567,406 |
| Total liabilities | $749,734 |
| Net assets without donor restrictions | $1,309,369 |
| Net assets with donor restrictions | $41,072 |
| 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 | $2,100,175 |