Winston-Salem Festival Ballet Inc

Organization Overview

Winston-Salem Festival Ballet Inc is located in Winston Salem, NC. The organization was established in 2009. According to its NTEE Classification (A63) the organization is classified as: Ballet, 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. Winston-Salem Festival 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 09/2021, Winston-Salem Festival Ballet Inc generated $392.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $411.0k during the year ending 09/2021. While expenses have increased by 15.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PERFORM PROFESSIONAL BALLET AND DANCE SHOWS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROFESSIONAL BALLET AND DANCE SHOWS FOR THE PEOPLE OF WINSTON SALEM AND THE TRIAD AREA.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$22,862
Fundraising events$0
Related organizations$42,884
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$65,746
Total Program Service Revenue$326,874
Investment income $0
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 $392,620

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Winston-Salem Festival Ballet Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Winston-Salem Foundation

Winstonsalem, NC

PURPOSE: 1 GRANT(S) FOR VARYING PURPOSES

$5,000
View Grant Recipient Profile

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