Youth Ballet Of Texas is located in McKinney, TX. The organization was established in 2014. 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. Youth Ballet Of Texas 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 07/2024, Youth Ballet Of Texas generated $153.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.1% each year . All expenses for the organization totaled $150.5k during the year ending 07/2024. While expenses have increased by 27.0% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVIDING NEED-BASED AND MALE BALLET TRAINING SCHOLARSHIPS TO UNDERSERVED COMMUNITIES PROVIDING THE COMMUNITY WITH FREE AND TICKETED ARTS PERFORMANCES OF HIGH QUALITY PROVIDING MASTER CLASS AND SUMMER STUDY OPPORTUNITIES FOR DANCERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Dulin Execartistic Director | 90 | $24,000 | |
Nick Chambers Board Member | 3 | $653 | |
Jessica House Board Chair | 1 | $0 | |
Barbara Rayle Outgoing Board Chair | 1 | $0 | |
Dominique Williamson Treasurer | 1 | $0 | |
Chris Alcott Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,535 |
| Total Program Service Revenue | $110,868 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,141 |
| Other Revenue | $0 |
| Total Revenue | $153,544 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,085 |
| Professional fees and other payments to independent contractors | $5,994 |
| Occupancy, rent, utilities, and maintenance | $61,335 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,117 |
| Total expenses | $150,531 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,100 |
| Other assets | $0 |
| Total assets | $4,100 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,100 |