North Dakota Ballet Company
- Assets
- $339.9k
- Revenue
- $352.3k
- Investments
- $0.0
- Employees
- 22
- Location
- Grand Forks, ND
- Founding
- 05/1972
- Data as of
- 06/2022
- EIN
- 23-7181156
Organization Overview
North Dakota Ballet Company is located in Grand Forks, ND. The organization was established in 1972. 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 06/2022, North Dakota Ballet Company employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Dakota Ballet Company 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 06/2022, North Dakota Ballet Company generated $352.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $273.9k during the year ending 06/2022. While expenses have increased by 5.6% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE OVERALL MISSION OF THE NORTH DAKOTA BALLET COMPANY IS TO OFFER PROFESSIONAL DANCE TRAINING, PERFORMANCE OPPORTUNITIES AND TO ADVOCATE DANCE WITHIN THE COMMUNITY AT LARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NORTH DAKOTA BALLET COMPANY HAS PROVIDED AN EDUCATIONAL DANCE INSTITUTION FOR OVER 150 DANCERS AGES 3 TO ADULT. CLASSES RANGE IN THE VARIETY OF STYLES OF BALLET, TAP, JAZZ, MODERN AND HIP HOP. WE OFFER A UNIQUE INTENSIVE BALLET TRAINING PROGRAM, A COMPETITIVE DANCE PROGRAM, A RECREATIONAL DIVISION, AND A PRE-PROFESSIONAL DIVISION OF ADULT PERFORMERS. WE ARE THE ONLY PROGRAM IN THE STATE TO OFFER A PRE-PROFESSIONAL DIVISION AND PROVIDE THIS UNIQUE OPPORTUNITY FOR DANCERS AND OUR COMMUNITY.
WE ARE PROUD TO HAVE SUCCESSFULLY PRODUCED 3 FULL IN-PERSON PRODUCTIONS LAST SEASON TO INCLUDE THE HOLIDAY NUTCRACKER EXTRAVAGANZA OVER THE HOLIDAYS, ALICE IN WONDERLAND, AND OUR SPRING ACADEMY CONCERT. AFTER A YEAR OF VIRTUAL BASED SHOWS, WE WERE DELIGHTED TO BE BACK IN PERSON WITH SOLD SHOWS AND HIGH ATTENDANCE AT ALL OF OUR PRODUCTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Paulson Artistic Director | Officer | 40 | $38,298 |
Nicole Spoor Financial Director | Officer | 30 | $17,000 |
Laura Arneson Executive Director | Officer | 15 | $13,000 |
Stephanie Johnson President | OfficerTrustee | 0.5 | $0 |
Brittany Caillier Secretary | OfficerTrustee | 0.5 | $0 |
Ligia Drago Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,484 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,484 |
| Total Program Service Revenue | $296,254 |
| Investment income | $197 |
| 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 | $1,396 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $352,331 |
| 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. | $68,653 |
| Compensation of current officers, directors, key employees. | $17,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $56,149 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $520 |
| Payroll taxes | $9,548 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,795 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,874 |
| Office expenses | $2,456 |
| Information technology | $279 |
| Royalties | $0 |
| Occupancy | $44,371 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,967 |
| Insurance | $2,861 |
| All other expenses | $144 |
| Total functional expenses | $273,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,692 |
| Savings and temporary cash investments | $197,455 |
| Pledges and grants receivable | $0 |
| 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 | $1,500 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $62,227 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $339,874 |
| Accounts payable and accrued expenses | $2,463 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $3,523 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,986 |
| Net assets without donor restrictions | $333,888 |
| Net assets with donor restrictions | $0 |
| 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 | $339,874 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that North Dakota Ballet Company has recieved totaling $11,900.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Grand Forks East Grand Forks And Region Grand Forks, ND PURPOSE: TO PROVIDE ASSISTANCE IN PROGRAM'S MISSION. | $11,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ballet Co-Laboratory Saint Paul, MN | $199,864 | $575,525 |
Mankato Ballet Company Mankato, MN | $516,344 | $775,297 |
Ballet Works Inc Minneapolis, MN | $321,556 | $591,481 |
Northern Plains Ballet Bismarck, ND | $1,394,773 | $814,526 |
Duluth Ballet Inc Duluth, MN | $268,296 | $437,477 |
Montana Ballet Company Inc Bozeman, MT | $382,754 | $350,874 |
North Dakota Ballet Company Grand Forks, ND | $339,874 | $352,331 |
Ballet Minnesota Inc Saint Paul, MN | $47,010 | $155,668 |
Continental Ballet Company Bloomington, MN | $97,766 | $0 |
Ballet Arts Academy Inc Missoula, MT | $174,460 | $0 |
Queen City Ballet Company Helena, MT | $52,021 | $0 |
Minnesota Ballet Theatre Eden Prairie, MN | $83,408 | $0 |