Wake Forest Youth Ballet
- Assets
- $109.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wake Forest, NC
- Founding
- 07/2017
- Data as of
- 12/2023
- EIN
- 38-4023430
Organization Overview
Wake Forest Youth Ballet is located in Wake Forest, NC. The organization was established in 2017. 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. Wake Forest Youth 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 12/2023, Wake Forest Youth Ballet generated $138.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $126.8k during the year ending 12/2023. While expenses have increased by 19.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Ogden President | 5 | $0 | |
Jessica Gorczynski Secretary | 10 | $0 | |
Laetitia Cheltenham Front-Of-House Director | 5 | $0 | |
Ann Auerbach Sponsorship Director | 5 | $0 | |
Stephanie Ford Costume Director | 10 | $0 | |
Rachael Sylvester Props Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,835 |
| Total Program Service Revenue | $35,534 |
| Membership dues | $66,872 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $138,241 |
| 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 | $54,697 |
| Occupancy, rent, utilities, and maintenance | $31,645 |
| Printing, publications, postage, and shipping | $1,464 |
| Other expenses | $39,005 |
| Total expenses | $126,811 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,733 |
| Other assets | $0 |
| Total assets | $109,733 |
| Total liabilities | $1,199 |
| Net assets or fund balances | $108,534 |