Ballet Theatre Foundation Inc

Organization Overview

Ballet Theatre Foundation Inc, operating under the name American Ballet Theatre, is located in New York, NY. The organization was established in 1947. 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 12/2021, American Ballet Theatre employed 566 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Ballet Theatre 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 12/2021, American Ballet Theatre generated $56.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $29.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S BALLET COMPANY, AMERICAN BALLET THEATRE, DESIGNATED BY CONGRESSIONAL RESOLUTION IN 2006 AS AMERICA'S NATIONAL BALLET COMPANY, PRESENTS THE GREAT REPERTOIRE OF FULL-LENGTH BALLETS, ONE-ACT CLASSICS AND PIONEERING NEW WORKS TO AUDIENCES ACROSS THE COUNTRY AND AROUND THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEASONS:IN 2021, ABT PRESENTED 2 WEEKS OF PERFORMANCES IN NEW YORK CITY AND 2 WEEKS OF PERFORMANCES IN COSTA MESA, CALIFORNIA. ABT PRESENTED SIX PERFORMANCES OF GISELLE AND SEVEN REPERTORY PROGRAMS FOR TWO WEEKS IN OCTOBER AT THE DAVID H. KOCH THEATER AT LINCOLN CENTER. IN DECEMBER, ABT PRESENTED THE NUTCRACKER FOR TWO WEEKS AT THE SEGERSTROM CENTER FOR THE ARTS IN COSTA MESA, CALIFORNIA. THE 2021 SPRING METROPOLITAN OPERA HOUSE SEASON WAS ORIGINALLY SCHEDULED FOR FIVE WEEKS BUT WAS CANCELED DUE TO THE GLOBAL COVID-19 PANDEMIC.


TOURING: ABT'S TOURING IN 2021 INCLUDED ABT ACROSS AMERICA BY TAKING TO THE ROAD DURING THE SUMMER OF 2021 AND TRAVELING BY BUS AND TRUCK TO PERFORM IN EIGHT U.S. CITIES. ADDITIONALLY, ABT ALSO HAD SEVERAL OTHER PERFORMANCES AND POD EVENTS TO CONTINUE ITS MISSION TO BRING CLASSICAL BALLET TO AUDIENCES ACROSS THE COUNTRY AND AROUND THE WORLD DURING THE COVID-19 PANDEMIC. ABT WILL CONTINUE ITS TOURING DOMESTICALLY AROUND THE NATION IN 2022, INCLUDING AT REGULAR RESIDENCIES AT THE JOHN F. KENNEDY CENTER FOR THE PERFORMING ARTS IN WASHINGTON, DC AND THE SEGERSTROM CENTER FOR THE ARTS IN COSTA MESA, CALIFORNIA.


EDUCATIONAL TRAINING AND OUTREACH: IN 2021, AMERICAN BALLET THEATRE'S DEPARTMENT OF EDUCATION AND TRAINING REACHED OVER 100,000 INDIVIDUALS THROUGH SYNCHRONOUS AND ASYNCHRONOUS PROGRAMS. ABT'S PRIMARY OUTREACH PROGRAM IS ABT AT SCHOOL: SERVING 10 NYC SCHOOLS ENGAGING OVER 1,400 STUDENTS. ABT'S STUDENT TRAINING PROGRAMS INCLUDE THE JACQUELINE KENNEDY ONASSIS SCHOOL (230 STUDENTS); SUMMER INTENSIVES HELD VIRTUALLY (2,200 ENROLLMENTS) AND ABT STUDIO COMPANY (12 STUDENTS AND 6 APPRENTICES), A PRE-PROFESSIONAL PROGRAM. ABT'S TEACHER TRAINING PROGRAM (ABT NATIONAL TRAINING CURRICULUM) HAD 320 NEWLY CERTIFIED TEACHERS ENROLLED IN ITS 2021 COURSES. TO DATE, THE PROGRAM HAS CERTIFIED 2,800 TEACHERS IN 49 STATES AND 46 COUNTRIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ratmansky Dance Productions Inc
Choreography
$164,500
Young Men's And Young Women's Hebrew Ass
Education Housing
$138,150
Silverback Productions Llc
Theatrical Productions
$517,769
Pioneer Coach Inc
Transportation
$192,925
Sd & A Teleservices Inc
Telefundraising
$166,137
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,467,269
Related organizations$0
Government grants $15,864,072
All other contributions, gifts, grants, and similar amounts not included above$28,900,447
Noncash contributions included in lines 1a–1f $818,137
Total Revenue from Contributions, Gifts, Grants & Similar$46,231,788
Total Program Service Revenue$8,482,351
Investment income $843,403
Tax Exempt Bond Proceeds $0
Royalties $15,000
Net Rental Income $0
Net Gain/Loss on Asset Sales $557,317
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $53,526
Miscellaneous Revenue$0
Total Revenue $56,242,034

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Ballet Theatre Foundation Inc has recieved totaling $17,500.

Awarding OrganizationAmount
The John Treacy And Darcy F Beyer Foundation Inc

Old Greenwich, CT

PURPOSE: GENERAL SUPPORT

$12,500
Tella Sakamoto Foundation

Palo Alto, CA

PURPOSE: GENERAL FUND

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$26,365,262
Earnings$3,937,345
Admin Expense$135,815
Net Contributions$700,000
Ending Balance$30,866,792

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