Northwest Florida Ballet Inc
- Assets
- $1.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 19
- Location
- Fort Walton Beach, FL
- Founding
- 05/1981
- Data as of
- 06/2022
- EIN
- 59-1709205
Organization Overview
Northwest Florida Ballet Inc is located in Fort Walton Beach, FL. The organization was established in 1981. 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 06/2022, Northwest Florida Ballet Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Florida Ballet 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 06/2022, Northwest Florida Ballet Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. 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
PROVIDE QUALITY DANCE PERFORMANCES AND INSTRUCTION FOR NORTHWEST FLORIDA, IDENTIFY AND DEVELOP TALENTED DANCERS, AND INCREASE APPRECIATION OF THE ARTS THROUGH PUBLIC EDUCATION AND OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED QUALITY DANCE PERFORMANCES. FOR THE CURRENT FISCAL YEAR, THE ORGANIZATION PERFORMED THE NUTCRACKER.
PROVIDED QUALITY BALLET INSTRUCTION. FOR THE CURRENT FISCAL YEAR, THE BALLET SCHOOL HAD 143 STUDENTS.
INCREASED APPRECIATION OF THE ARTS THROUGH PUBLIC EDUCATION AND OUTREACH. FOR THE CURRENT FISCAL YEAR, THE ACADEMIE HAD 130 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Allen Ceo/artistic Director | OfficerTrustee | 40 | $65,105 |
Shari Allen Board Member | Trustee | 0.3 | $40,000 |
Julia Sandwith Past President | OfficerTrustee | 0.3 | $0 |
Andrew Rowe Treasurer | OfficerTrustee | 0.3 | $0 |
Chirag Shah Secretary | OfficerTrustee | 0.3 | $0 |
Carter Caywood President | OfficerTrustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,878 |
| All other contributions, gifts, grants, and similar amounts not included above | $122,226 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,604 |
| Total Program Service Revenue | $876,863 |
| Investment income | $72 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,822 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $25,648 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,330 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,107,429 |
| 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. | $105,105 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,084 |
| 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 | $9,200 |
| Advertising and promotion | $88,958 |
| Office expenses | $20,538 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $108,904 |
| Travel | $7,614 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $35,649 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,295 |
| Insurance | $54,458 |
| All other expenses | $33,604 |
| Total functional expenses | $1,005,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $348,068 |
| Savings and temporary cash investments | $131,317 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $276 |
| 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 | $1,217,966 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,697,627 |
| Accounts payable and accrued expenses | $22,162 |
| Grants payable | $0 |
| Deferred revenue | $9,980 |
| 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 | $756,414 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,836 |
| Total liabilities | $803,392 |
| Net assets without donor restrictions | $894,235 |
| 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 | $1,697,627 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northwest Florida Ballet Inc has recieved totaling $167.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $167 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Ballet Incorporated Atlanta, GA | $17,685,185 | $11,298,848 |
Sarasota Ballet Of Florida Inc Sarasota, FL | $13,132,949 | $10,013,391 |
Orlando Ballet Inc Orlando, FL | $16,727,544 | $8,811,426 |
State Of Alabama Ballet Inc Birmingham, AL | $2,991,745 | $2,506,530 |
Thomas Armour Youth Ballet Inc South Miami, FL | $1,962,067 | $2,525,155 |
Northwest Florida Ballet Inc Fort Walton Beach, FL | $1,697,627 | $1,107,429 |
Boca Ballet Theatre Company Boca Raton, FL | $998,932 | $1,075,086 |
The Tallahassee Ballet Inc Tallahassee, FL | $852,817 | $1,030,970 |
Community Ballet Association Of Huntsville Inc Huntsville, AL | $1,447,227 | $996,660 |
Florida Ballet At Jacksonville Inc Jacksonville, FL | $1,731,842 | $944,196 |
Childrens Dance Foundation Birmingham, AL | $1,505,653 | $943,891 |
Mobile Ballet Inc Mobile, AL | $569,537 | $724,852 |