Lemon Sponge Cake Contemporary Ballet is located in Boulder, CO. The organization was established in 2004. 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. Lemon Sponge Cake Contemporary Ballet 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, Lemon Sponge Cake Contemporary Ballet generated $55.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $50.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 7 years. 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
THE LEMON SPONGE CAKE CONTEMPORARY BALLET SCHOOL PROVIDES A BROAD RANGE OF DANCE CLASSES TO THE STUDENTS OF ALL AGES AND ABILITIES IN A FULLY EQUIPPED DANCE STUDIO YEAR ROUND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jenifer Sher President | 20 | $0 | |
Robert Machherndl Vice President Artistic Director | 20 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,454 |
Total Program Service Revenue | $35,224 |
Membership dues | $0 |
Investment income | $3 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $55,681 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $39,004 |
Professional fees and other payments to independent contractors | $1,625 |
Occupancy, rent, utilities, and maintenance | $1,290 |
Printing, publications, postage, and shipping | $2,481 |
Other expenses | $5,894 |
Total expenses | $50,294 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $50,496 |
Other assets | $0 |
Total assets | $50,496 |
Total liabilities | $8,432 |
Net assets or fund balances | $42,064 |