Ballet Theatre Of Ohio
- Assets
- $288.9k
- Revenue
- $602.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Munroe Falls, OH
- Founding
- 02/1995
- Data as of
- 06/2022
- EIN
- 34-1772850
Organization Overview
Ballet Theatre Of Ohio is located in Munroe Falls, OH. The organization was established in 1995. 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, Ballet Theatre Of Ohio employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ballet Theatre Of Ohio 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, Ballet Theatre Of Ohio generated $602.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $531.3k during the year ending 06/2022. While expenses have increased by 0.5% 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
PRODUCED, CONDUCTED AND STAGED PERFORMANCES SUCH AS NUTCRACKER/WIZARD OF OZ/COPPELIA. EDUCATIONAL PROGRAMS TAUGHT AT PRESCHOOLS FOR LOCAL CHILDRENS GROUP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCED CONDUCTED AND STAGED PERFORMANCES SUCH AS NUTCRACKER. EDUCDATIONALPROGRAMS TAUGHT AT PRESCHOOLS AND FOR LOCAL CHILDRENS GROUPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynette Urankar Treasurer | Officer | 4 | $0 |
Cindy Ferrante Secretary | Officer | 4 | $0 |
Deb Wilhite President | Officer | 2 | $0 |
Pete Cook Vice President | Officer | 2 | $0 |
Christine Meneer Director | 40 | $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 | $97,505 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,505 |
| Total Program Service Revenue | $455,250 |
| 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 | $82,995 |
| Net Income from Gaming Activities | -$33,325 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $602,425 |
| 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 | $108,998 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,422 |
| Payroll taxes | $10,885 |
| 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 | $0 |
| Advertising and promotion | $40,825 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $28,255 |
| Occupancy | $0 |
| 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 | $3,602 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $531,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,212 |
| 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 | $2,350 |
| Investments—publicly traded securities | $127,320 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $288,882 |
| Accounts payable and accrued expenses | $6,650 |
| 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 | $6,650 |
| Net assets without donor restrictions | $127,320 |
| Net assets with donor restrictions | $154,912 |
| 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 | $288,882 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Ballet Theatre Of Ohio has recieved totaling $50,512.
| Awarding Organization | Amount |
|---|---|
Margaret Clark Morgan Foundation Hudson, OH PURPOSE: SPA 2019-2022 | $25,000 |
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $10,000 |
Akron Community Foundation Akron, OH PURPOSE: FOR THE AKRON SCHOOLS OUTREACH PROGRAM "TAKE ME OUT TO THE BALLET" | $6,000 |
Lois Sisler Mcfawn Foundation Brooklyn, OH PURPOSE: GENERAL | $5,500 |
Lehner Family Foundation Akron, OH PURPOSE: BALLET FOR ALL PROGRAM | $4,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Endowment Analysis
| Beg. Balance | $139,049 |
| Earnings | $157 |
| Grants | $20,000 |
| Ending Balance | $119,206 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pittsburgh Ballet Theatre Inc Pittsburgh, PA | $29,203,539 | $16,154,254 |
Pennsylvania Ballet Association Philadelphia, PA | $31,402,587 | $18,957,678 |
Cincinnati Ballet Company Inc Cincinnati, OH | $28,225,838 | $12,007,959 |
Ballet Metropolitan Inc Columbus, OH | $13,150,540 | $7,739,690 |
Central Pa Youth Ballet Carlisle, PA | $5,952,312 | $2,863,907 |
Cleveland Ballet Cleveland, OH | $349,870 | $2,048,614 |
Grand Rapids Ballet Co Grand Rapids, MI | $7,162,912 | $1,874,827 |
Fort Wayne Ballet Inc Fort Wayne, IN | $2,459,907 | $1,784,779 |
Indianapolis Ballet Inc Indianapolis, IN | $1,043,512 | $1,204,088 |
Attack Theatre Incorporated Pittsburgh, PA | $923,327 | $900,550 |
Canton Ballet Canton, OH | $531,255 | $606,900 |
Ballet Theatre Of Ohio Munroe Falls, OH | $288,882 | $602,425 |