Bala Music & Dance Association Ltd
- Assets
- $18.7k
- Revenue
- $250.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Lyme, CT
- Founding
- 11/1988
- Data as of
- 06/2021
- EIN
- 13-3249483
Organization Overview
Bala Music & Dance Association Ltd is located in Lyme, CT. The organization was established in 1988. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Bala Music & Dance Association Ltd 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 06/2021, Bala Music & Dance Association Ltd generated $250.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $232.2k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREPARATION, REHEARSAL AND PERFORMANCE OF CONCERTS, WORKSHOPS AND MULTI-DAY RESIDENCIES IN INDIA AND THE US BY A SOLO DANCER ACCOMPANIED BY 4 MUSICIANS.
TEACHING WEEKLY CLASSES FOR 100 STUDENTS AGED 6 TO 18; DAILY CLASSES FOR 12 STUDENTS AGED 7 TO 40.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aniruddha S Knight Artistic Dir | 40 | $31,500 | |
John Suter Director | 3 | $0 | |
Susan A Williams Business Man | 20 | $0 | |
Douglas M Knight Jr Executive Di | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $250,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $50,520 |
| Travel, conferences, and meetings | $3,603 |
| Printing and publications | $1,420 |
| Other expenses | $50,780 |
| Total operating and administrative expenses | $232,248 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $232,248 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,650 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,650 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $21,743 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,743 |
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Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
Rockport Music Inc Rockport, MA | $31,791,427 | $3,720,672 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
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