Cincinnati Ballet Company Inc

Organization Overview

Cincinnati Ballet Company Inc is located in Cincinnati, OH. The organization was established in 1967. 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 07/2021, Cincinnati Ballet Company Inc employed 164 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cincinnati Ballet Company 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 07/2021, Cincinnati Ballet Company Inc generated $12.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $7.9m during the year ending 07/2021. While expenses have increased by 0.2% 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 INSPIRE HOPE AND JOY IN OUR COMMUNITY AND BEYOND THROUGH THE POWER AND PASSION OF DANCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BALLET WAS ABLE TO HAVE PAID ATTENDANCE IN NOVEMBER OF 2020 AND SPRING OF 2021. TICKET SALES OF $170,030. EXPENSES INCLUDED ALL PERFORMANCE RELATED ACTIVITIES, INCLUDING A TV PRODUCTION OF THE NUTCRACKER IN DECEMBER 2020.


THE ACADEMY OFFERS TWO REGULAR SEMESTERS AND FIVE SUMMER PROGRAMS. CLASSES ARE OFFERED TO AGES 2 AND UP. THE ACADEMY PROGRAM ALSO OFFERS ADULT BALLET CLASSES. DURING THE YEAR 1,120 STUDENTS PARTICIPATED IN THE ACADEMY PROGRAMS.


MAINTAINING OF THE CINCINNATI BALLET FOUNDATION FOR THE LONG TERM MANAGEMENT AND GROWTH OF AN ENDOWMENT TO SUPPORT THE CINCINNATI BALLET COMPANY, INC. OPERATIONS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Scott Altman
President & CEO
$208,052
Victoria Morgan
Artistic Director
$202,984
Joe Carolin
VP Finance/cfo
$125,335
Melissa Santomo
VP Operations
$117,635
Sara Pomeroy
VP Philanthropy
$115,405
Joel Stone
Vice Chair/treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Thompson Hine Llp
Legal Services
$131,016
Fc Cincinnati Holdings Llc West End Ve
Building Rent
$145,378
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$801,500
Membership dues$0
Fundraising events$0
Related organizations$614,400
Government grants $1,592,213
All other contributions, gifts, grants, and similar amounts not included above$6,985,662
Noncash contributions included in lines 1a–1f $1,306,764
Total Revenue from Contributions, Gifts, Grants & Similar$9,993,775
Total Program Service Revenue$1,539,371
Investment income $26,641
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $30,529
Net Income from Fundraising Events -$3,500
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$8,188
Miscellaneous Revenue$0
Total Revenue $12,007,959

Grants Recieved

Over the last fiscal year, we have identified 17 grants that Cincinnati Ballet Company Inc has recieved totaling $1,960,763.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$810,700
Foundation For The Carolinas

Charlotte, NC

PURPOSE: CHARITABLE GIFT

$416,000
Greater Cincinnati Foundation

Cincinnati, OH

PURPOSE: GENERAL PURPOSE

$302,720
American Endowment Foundation

Hudson, OH

PURPOSE: ARTS, CULTURE

$119,301
Austin E Knowlton Foundation Inc

Cincinnati, OH

PURPOSE: PROGRAM SERVICES

$100,000
Hcs Foundation

Cleveland, OH

PURPOSE: TOWARD CONSTRUCTION OF NEW CINCINNATI BALLET CENTER IN WALNUT HILLS ARTS NEIGHBORHOOD

$50,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or