Ballet Arts Inc Of Jackson
- Assets
- $191.7k
- Revenue
- $194.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, TN
- Founding
- 08/1978
- Data as of
- 06/2022
- EIN
- 58-1313784
Organization Overview
Ballet Arts Inc Of Jackson is located in Jackson, TN. The organization was established in 1978. 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. Ballet Arts Inc Of Jackson 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 06/2022, Ballet Arts Inc Of Jackson generated $194.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $178.1k during the year ending 06/2022. While expenses have increased by 1.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH PERFORMANCE BALLET
Describe the Organization's Program Activity:
Part 3 - Line 4a
NUTCRACKER DEC 2021 3 SHOWS ATTENDANCE 2990
PETER PAN. MAR2021 20SHOWS 1319 ATTENANCE
SUMMER INTENSIVE DANCE CAMP. 24 YOUTH ATTENDED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Evans President | Officer | 10 | $0 |
Cecllia Hammond Vice President | Officer | 10 | $0 |
Heather Greene Secretary | Officer | 10 | $0 |
Patricia Smith Treasurer | Officer | 10 | $0 |
Bridgett Wright Director | Trustee | 5 | $0 |
Sharla Key Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $17,948 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,680 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,628 |
| Total Program Service Revenue | $134,624 |
| Investment income | $35 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,759 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $194,046 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $85,492 |
| Advertising and promotion | $9,956 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,729 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $178,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $76,682 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $115,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $191,682 |
| Accounts payable and accrued expenses | $0 |
| 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 | $28,085 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,085 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $163,597 |
| 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 | $191,682 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ballet Arts Inc Of Jackson has recieved totaling $7,342.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $7,342 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Ballet Incorporated Atlanta, GA | $17,685,185 | $11,298,848 |
Kansas City Ballet Association Kansas City, MO | $44,028,561 | $12,814,564 |
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 |
State Of Alabama Ballet Inc Birmingham, AL | $2,991,745 | $2,506,530 |
Laurie Foundation For The Performing Arts Columbia, MO | $6,459,045 | $968,148 |
Ballet Magnificat Jackson, MS | $1,863,123 | $2,272,042 |
Saint Louis Ballet Company Chesterfield, MO | $736,242 | $1,637,573 |
Charlottesville Ballet Charlottesville, VA | $1,147,365 | $1,342,432 |
Community Ballet Association Of Huntsville Inc Huntsville, AL | $1,447,227 | $996,660 |