Springfield Ballet Inc
- Assets
- $732.3k
- Revenue
- $681.6k
- Investments
- $0.0
- Employees
- 18
- Location
- Springfield, MO
- Founding
- 01/1977
- Data as of
- 06/2021
- EIN
- 43-1089752
Organization Overview
Springfield Ballet Inc is located in Springfield, MO. The organization was established in 1977. 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 06/2021, Springfield Ballet Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springfield Ballet 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 06/2021, Springfield Ballet Inc generated $681.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $559.4k during the year ending 06/2021. While expenses have increased by 8.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPRINGFIELD BALLET INC. IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ADVANCING THE ART OF BALLET THROUGH PREMIER EDUCATION, PERFORMANCE, OUTREACH AND COLLABORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATORY, PUBLIC PERFORMANCES AND COMMUNITY OUTREACH. EDUCATE AND DEVELOP DANCERS IN THE ART AND HISTORY OF BALLET, AS WELL AS PROVIDING PROFESSIONALLY TRAINED DANCERS FOR PERFORMANCES PROVIDED TO THE GENERAL PUBLIC. NUMEROUS PERFORMANCES WERE PRESENTED DURING THE YEAR, INCLUDING AN ANNUAL PERFORMANCE OF THE NUTCRACKER, WHICH IS PROVIDED TO EVERY SECOND GRADER IN THE SPRINGFIELD, MISSOURI R-12 SCHOOL DISTRICT. OUR OUTREACH PROGRAMS ARE PROVIDED TO THE CITY OF SPRINGFIELD, AS WELL AS THE SURROUNDING COMMUNITIES, WHICH INCLUDE BUT ARE NOT LIMITED TO: TRAVELING PERFORMANCES, SCHOLARSHIPS, AND AFTERSCHOOL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Walden Executive Di | Officer | 40 | $52,336 |
Michael Miller President | OfficerTrustee | 1 | $0 |
Mary Ling Past Preside | OfficerTrustee | 1 | $0 |
Jennifer Mueller Vice Preside | OfficerTrustee | 1 | $0 |
Michelle Vespa Treasurer | OfficerTrustee | 1 | $0 |
Lauren Hassell Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,048 |
| Fundraising events | $51,379 |
| Related organizations | $0 |
| Government grants | $87,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $191,555 |
| Noncash contributions included in lines 1a–1f | $24,826 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $330,982 |
| Total Program Service Revenue | $350,446 |
| Investment income | $7,595 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,674 |
| Net Income from Fundraising Events | -$17,095 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $681,602 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $17,993 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $52,440 |
| Compensation of current officers, directors, key employees. | $13,110 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $200,973 |
| Pension plan accruals and contributions | $3,526 |
| Other employee benefits | $3,321 |
| Payroll taxes | $19,534 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,008 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,081 |
| Fees for services: Other | $764 |
| Advertising and promotion | $14,904 |
| Office expenses | $11,269 |
| Information technology | $2,928 |
| Royalties | $0 |
| Occupancy | $39,115 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,349 |
| Insurance | $9,041 |
| All other expenses | $24,634 |
| Total functional expenses | $559,409 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,591 |
| Savings and temporary cash investments | $188,934 |
| Pledges and grants receivable | $10,145 |
| Accounts receivable, net | $4,405 |
| 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 | $2,078 |
| Net Land, buildings, and equipment | $112,235 |
| Investments—publicly traded securities | $232,253 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,687 |
| Total assets | $732,328 |
| Accounts payable and accrued expenses | $14,216 |
| 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 | $14,216 |
| Net assets without donor restrictions | $551,460 |
| Net assets with donor restrictions | $166,652 |
| 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 | $732,328 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Springfield Ballet Inc has recieved totaling $5,426.
| Awarding Organization | Amount |
|---|---|
Tua Melinda J Mcdaniel Char Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $5,000 |
Armstrong World Industries Charitable Foundation Lancaster, PA PURPOSE: IMPROVE LIFE IN COMMUNITIES | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $176 |
Endowment Analysis
| Beg. Balance | $112,748 |
| Earnings | $33,695 |
| Admin Expense | $1,527 |
| Net Contributions | $49,392 |
| Grants | $280 |
| Ending Balance | $194,028 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Joffrey Ballet Chicago, IL | $41,269,610 | $12,576,025 |
Kansas City Ballet Association Kansas City, MO | $44,028,561 | $12,814,564 |
Tulsa Ballet Theater Inc Tulsa, OK | $22,400,601 | $8,502,170 |
Nashville Ballet Nashville, TN | $11,017,137 | $5,073,621 |
Ballet Memphis Corporation Memphis, TN | $34,630,248 | $4,251,856 |
Ballet Oklahoma Inc Oklahoma City, OK | $9,840,405 | $3,365,985 |
Laurie Foundation For The Performing Arts Columbia, MO | $6,459,045 | $968,148 |
Ballet Chicago Company Chicago, IL | $494,898 | $1,522,334 |
Saint Louis Ballet Company Chesterfield, MO | $736,242 | $1,637,573 |
Ballet Five Eight Nfp Orland Park, IL | $389,671 | $1,150,248 |
Ballet Nebraska Omaha, NE | $2,731,657 | $2,026,349 |
Salt Creek Ballet Company Westmont, IL | $318,809 | $582,129 |