Roanoke Ballet Theatre Inc
- Assets
- $159.1k
- Revenue
- $355.0k
- Investments
- $0.0
- Employees
- 19
- Location
- Roanoke, VA
- Founding
- 01/1980
- Data as of
- 12/2021
- EIN
- 51-0244936
Organization Overview
Roanoke Ballet Theatre Inc is located in Roanoke, VA. The organization was established in 1980. 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 12/2021, Roanoke Ballet Theatre Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roanoke Ballet Theatre 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 12/2021, Roanoke Ballet Theatre Inc generated $355.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $351.8k during the year ending 12/2021. While expenses have increased by 8.5% per year over the past 7 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
EDUCATION TO CHILDREN IN THE FIELD OF DANCE. PRIMARY INSTRUCTIONAL FOCUS ON BALLET. SERVING NEEDS OF COMMUNITY THROUGH EDUCATION, OUTREACH AND PERFORMANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT EDUCATION TO CHILDREN IN THE FIELD OF DANCE WITH PRIMARY INSTRUCTIONAL FOCUS ON BALLET, AND SERVING NEEDS OF THE COMMUNITY THROUGH EDUCATION, OUTREACH, AND DANCE PERFORMANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Meythaler Executive Di | Officer | 40 | $80,425 |
Mauro Castro Treasurer | OfficerTrustee | 1 | $0 |
Brett Jones President | OfficerTrustee | 15 | $0 |
Michelle Brandt Director | Trustee | 1 | $0 |
Quinn Graeff Director | Trustee | 1 | $0 |
Natalie Klawonn Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $56,284 |
| All other contributions, gifts, grants, and similar amounts not included above | $77,016 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,300 |
| Total Program Service Revenue | $220,549 |
| Investment income | $91 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,018 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $354,958 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,425 |
| Compensation of current officers, directors, key employees. | $13,672 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $85,305 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,483 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,537 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,187 |
| Office expenses | $16,534 |
| Information technology | $2,296 |
| Royalties | $0 |
| Occupancy | $58,956 |
| Travel | $2,712 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,244 |
| Insurance | $6,675 |
| All other expenses | $0 |
| Total functional expenses | $351,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,079 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,450 |
| 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 | $0 |
| Net Land, buildings, and equipment | $3,570 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $159,099 |
| Accounts payable and accrued expenses | $28,036 |
| 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 | $28,036 |
| Net assets without donor restrictions | $131,063 |
| Net assets with donor restrictions | $0 |
| 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 | $159,099 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Roanoke Ballet Theatre Inc has recieved totaling $2,738.
| Awarding Organization | Amount |
|---|---|
Ceres Foundation Inc Charleston, SC PURPOSE: PB&J THEATRE | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $238 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Ballet Washington, DC | $7,153,807 | $8,999,163 |
Carolina Ballet Inc Raleigh, NC | $2,591,733 | $5,042,638 |
Nashville Ballet Nashville, TN | $11,017,137 | $5,073,621 |
Richmond Ballet Inc Richmond, VA | $9,343,909 | $5,961,250 |
Ballet Memphis Corporation Memphis, TN | $34,630,248 | $4,251,856 |
Maryland Youth Ballet Inc Silver Spring, MD | $1,538,079 | $2,049,323 |
Dancemakers Inc Lanham, MD | $310,676 | $1,678,634 |
Charlottesville Ballet Charlottesville, VA | $1,147,365 | $1,342,432 |
The Ballet Theatre Of Maryland Incorporated Annapolis, MD | $381,831 | $1,071,898 |
Virginia Ballet Company And School Fairfax, VA | $330,622 | $658,444 |
Winston-Salem Festival Ballet Inc Winston Salem, NC | $0 | $392,620 |
Akhmedova Ballet Foundation Inc Silver Spring, MD | $1,047,215 | $429,485 |