Nsb Inc

Organization Overview

Nsb Inc, operating under the name Northeast School of Ballet, is located in Reading, MA. The organization was established in 2012. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Northeast School of Ballet employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast School of Ballet 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, Northeast School of Ballet generated $802.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $628.8k during the year ending 12/2021. While expenses have increased by 8.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NSB INC IS DEDICATED TO FOSTERING A CREATIVE ENVIRONMENT AND PROVIDING EDUCATIONAL OPPORTUNITIES FOR YOUTH, SETTING THE HIGHEST STANDARDS OF DANCE AND PLAYING AN ACTIVE ROLE IN THE CULTURAL LIFE OF THE COMMUNITIES THEY SERVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING INSTRUCTION IN VARIOUS FORMS OF DANCE TO CHILDREN


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Board, Officers & Key Employees

Name (title)Compensation
Denise Cecere
President
$94,987
Sandra Mcnaught
Treasurer
$46,201
Ralph Cecere
Clerk
$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$15,150
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$15,150
Total Program Service Revenue$640,664
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 $802,491

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