Southwest Ballet Theatre is located in Litchfield Park, AZ. The organization was established in 2016. 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. Southwest Ballet Theatre 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 06/2024, Southwest Ballet Theatre generated $174.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 32.7% each year . All expenses for the organization totaled $165.1k during the year ending 06/2024. While expenses have increased by 31.9% 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
2024
Describe the Organization's Program Activity:
Part 3
BALLET PERFORMANCES CONTRIBUTE TO DEVELOPMENT AND MAINTENANCE OF A PRE-PROFESSIONAL BALLET COMPANY. THE COMPANY PRESENTED 8 PERFORMANCES WITH 1,057 ATTENDEES. THE COMPANY ALSO USED ONE PERFROMANCE TO RAISE MONEY FOR HOMELESS YOUTH CONNECTION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Hiatt Board President | 2 | $0 | |
Laura Weisensee Board Vice President | 3 | $0 | |
Christopher Seufert Board Secretary | 1 | $0 | |
C Elizabeth Seufert Board Treasurer/operations Director | 20 | $0 | |
Jessica Lynn Board Director | 3 | $0 | |
Susan Richardson Board Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,153 |
| Total Program Service Revenue | $139,946 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$32 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10 |
| Total Revenue | $174,522 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $88,312 |
| Professional fees and other payments to independent contractors | $27,157 |
| Occupancy, rent, utilities, and maintenance | $2,329 |
| Printing, publications, postage, and shipping | $2,204 |
| Other expenses | $24,428 |
| Total expenses | $165,103 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,662 |
| Other assets | $0 |
| Total assets | $61,748 |
| Total liabilities | $1,432 |
| Net assets or fund balances | $60,316 |