Jersey City Ballet Theater is located in Jersey City, NJ. The organization was established in 2015. 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. Jersey City Ballet Theater 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 12/2021, Jersey City Ballet Theater generated $71.5k in total revenue. All expenses for the organization totaled $66.0k during the year ending 12/2021. While expenses have increased by 75.4% 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
2021
Describe the Organization's Program Activity:
Part 3
THEATER ART AND DANCE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Elins Palacio Officer | 20 | $0 | |
Richard Palacio Officer | 10 | $0 | |
Neil Fernando Officer | 10 | $0 | |
Christine Lin Officer | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,536 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,536 |
| 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 | $34,475 |
| Occupancy, rent, utilities, and maintenance | $26,953 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,556 |
| Total expenses | $65,984 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,342 |
| Other assets | $0 |
| Total assets | $14,342 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,342 |