Morballet Inc is located in Hastings On Hudson, NY. 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. Morballet 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 12/2022, Morballet Inc generated $120.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $145.1k during the year ending 12/2022. While expenses have increased by 14.6% per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
SPRING SEASON PERFORMANCES AND OUTREACH
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morgan Mcewen President | 40 | $27,064 | |
Ora Solomon Secretary | 3 | $0 | |
Lauren Stiroh Treasurer | 3 | $0 | |
Morgan Mcewen President | 40 | $27,064 | |
Ora Solomon Secretary | 3 | $0 | |
Lauren Stiroh Treasurer | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,372 |
| Total Program Service Revenue | $119,372 |
| Membership dues | $1,545 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,917 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,279 |
| Professional fees and other payments to independent contractors | $67,040 |
| Occupancy, rent, utilities, and maintenance | $25,502 |
| Printing, publications, postage, and shipping | $253 |
| Other expenses | $10,018 |
| Total expenses | $145,092 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,262 |
| Other assets | $0 |
| Total assets | $15,034 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,034 |