New Orleans Ballet Association

Organization Overview

New Orleans Ballet Association is located in New Orleans, LA. The organization was established in 1971. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, New Orleans Ballet Association employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Orleans Ballet Association 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, New Orleans Ballet Association generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $716.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 6 years. 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

NEW ORLEANS BALLET ASSOCIATION(NOBA)'S INTERNATIONALLY RECOGNIZED, AWARD-WINNING COMMUNITY SERVICE PROGRAMS PROVIDE ACCESSIOBLE, INCLUSIVE, COMPREHENSIVE,QUALITY ARTS INSTRUCTION AND PERFORMANCE OPPORTUNITIES FOR INDIVIDUALS 3-80+ WITH OVER 3,000 DANCE, ARTS MOVEMENT AND HEALTH/WELLNESS CLASSES AND ACTIVITIES-ALL COMPLETELY TUITION-FREE--AT UP TO 20 NEIGHBORHOOD SITES WHERE NOBA ALSO PRODUCES ITS CONCERT SERIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NO MAIN STAGE PERFORMANCES DUE TO COVID


NO MAIN STAGE PERFORMANCES DUE TO COVID


NO MAIN STAGE PERFORMANCES DUE TO COVID


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Board, Officers & Key Employees

Name (title)Compensation
Jenny Hamilton
Executive Director
$82,269
See Attached Listing
Directors
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$75,298
Related organizations$0
Government grants $147,294
All other contributions, gifts, grants, and similar amounts not included above$576,335
Noncash contributions included in lines 1a–1f $30,701
Total Revenue from Contributions, Gifts, Grants & Similar$798,927
Total Program Service Revenue$0
Investment income $151,495
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 $0
Miscellaneous Revenue$0
Total Revenue $1,070,022

Grants Recieved

Over the last fiscal year, we have identified 14 grants that New Orleans Ballet Association has recieved totaling $331,428.

Awarding OrganizationAmount
Lois And Lloyd Hawkins Jr Foundation

New Orleans, LA

PURPOSE: DONATION TO SUPPORT BALLET IN THE NEW ORLEANS AREA

$150,000
The Greater New Orleans Foundation

New Orleans, LA

PURPOSE: FUND RAISING & FUND DISTRIBUTION

$37,541
Helis Foundation

New Orleans, LA

PURPOSE: GENERAL OPERATING EXPENSES AND OVATION PROGRAM

$35,000
The Oscar J Tolmas Charitable Trust

Metairie, LA

PURPOSE: TO ASSIST IN THE ORGANIZATION'S TAX EXEMPT MISSION

$35,000
Laureus Sport For Good Foundation Of America

New York, NY

PURPOSE: GENERAL SUPPORT

$20,000
$15,629
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$364,955
Earnings$91,651
Ending Balance$456,606

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