Festival Ballet Theatre
- Assets
- $55.7k
- Revenue
- $266.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Fountain Valley, CA
- Founding
- 01/1990
- Data as of
- 12/2021
- EIN
- 33-0283147
Organization Overview
Festival Ballet Theatre is located in Fountain Valley, CA. The organization was established in 1990. 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 12/2021, Festival Ballet Theatre employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Festival Ballet Theatre 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 12/2021, Festival Ballet Theatre generated $266.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $265.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PERFORM BALLETS TO EDUCATE AND INCREASE CULTURAL AWARNESS OF THE COMMUNITY AND GENERATE AN APPRECIATION FOR FINE ARTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FESTIVAL BALLET THEATRE PRESENTED ONE PRODUCTION A YEAR AT THE IRVINE BARCLAY THEATRE AS1.THIRTEEN PERFORMANCES OF THE NUTCRACKER IN DECEMBERFBT PRESENTED ABRIDGED PERFORMANCES IN COLLABORATION WITH THE PACIFIC SYMPHONY, FESTIVAL OF CHILDREN AND ARTS ORANGE COUNTY ALONG WITH OTHER VARIOUS ORANGE COUNTY COMMUNITY EVENTS. SPECIAL OUTREACH PROGRAMS INCLUDING MANY FREE PERFORMANCES FOR THE PUBLIC WERE CONDUCTED WHERE FBT PRESENTED NARRATED BALLET PERFORMANCES SUITABLE FOR CHILDREN BY INVITING OVER 20 SCHOOLS IN THE AREA TO THE THEATRE. FBT SHOWCASED THE TALENTS OF YOUNG DANCERS WHILE BUILDING CULTURAL AWARENESS AND PROVIDING EDUCATION IN THE AREA OF CLASSICAL AND CONTEMPORARY BALLET. AWARENESS AND PROVIDING EDUCATION IN THE AREA OF CLASSICAL AND CONTEMPORARY BALLET.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Willa Bouwenskilleen Treasurer | Officer | 0 | $0 |
Ghada Anis Member | Officer | 0 | $0 |
Cathleen Hunter Secretary | Officer | 0 | $0 |
Salwa Rizkalla President | Officer | 20 | $0 |
Lisa Yamashita V P | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $82,977 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,945 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,922 |
| Total Program Service Revenue | $62,884 |
| 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 | $266,856 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,304 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,604 |
| Advertising and promotion | $11,020 |
| Office expenses | $3,264 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,879 |
| Travel | $7,091 |
| 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 | $0 |
| Insurance | $2,340 |
| All other expenses | $0 |
| Total functional expenses | $265,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,689 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $55,689 |
| Accounts payable and accrued expenses | $4,202 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,202 |
| Net assets without donor restrictions | $0 |
| 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 | $51,487 |
| Total liabilities and net assets/fund balances | $55,689 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Festival Ballet Theatre has recieved totaling $5,024.
| Awarding Organization | Amount |
|---|---|
Roberta Freeman Cox Charitable Foundation Newport Beach, CA PURPOSE: TO FURTHER THEIR EXEMPT PURPOSE | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Ballet Association San Francisco, CA | $42,362,954 | $42,335,157 |
Oregon Ballet Theatre Portland, OR | $8,514,467 | $9,410,499 |
Ballet Arizona Phoenix, AZ | $11,465,321 | $6,255,701 |
The Wooden Floor For Youth Movement Santa Ana, CA | $14,794,829 | $2,954,503 |
Smuin Ballets-Sf San Francisco, CA | $10,091,492 | $3,860,023 |
Dance Downtown La Inc Los Angeles, CA | $2,086,365 | $3,424,604 |
Eugene Ballet Eugene, OR | $4,036,956 | $2,163,393 |
Long Beach Ballet Arts Center Long Beach, CA | $362,666 | $1,208,690 |
Berkeley Ballet Theatre Inc Berkeley, CA | $687,595 | $961,031 |
Diablo Ballet Walnut Creek, CA | $266,639 | $1,136,427 |
City Ballet Inc San Diego, CA | $417,360 | $1,107,736 |
Sacramento Ballet Association Sacramento, CA | $1,802,888 | $1,450,933 |