Ballet Arts Ensemble Inc
- Assets
- $18.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kalamazoo, MI
- Founding
- 02/1983
- Data as of
- 06/2023
- EIN
- 38-2437172
Organization Overview
Ballet Arts Ensemble Inc is located in Kalamazoo, MI. The organization was established in 1983. 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. Ballet Arts Ensemble 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 06/2023, Ballet Arts Ensemble Inc generated $79.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $104.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Norton President | 1 | $0 | |
Kelly Ballema Vice Preside | 1 | $0 | |
Marc Vanderbeek Recording Se | 1 | $0 | |
David H Smith Corres. Secr | 1 | $0 | |
Debra Norton Treasurer | 1 | $0 | |
Jennifer Coburn Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,581 |
| Total Program Service Revenue | $29,976 |
| Membership dues | $0 |
| Investment income | $103 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,380 |
| Other Revenue | $0 |
| Total Revenue | $79,040 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,101 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,406 |
| Other expenses | $94,798 |
| Total expenses | $104,230 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,924 |
| Other assets | $0 |
| Total assets | $18,085 |
| Total liabilities | $1,754 |
| Net assets or fund balances | $16,331 |