Kentucky Dance Council Inc
- Assets
- $2.5m
- Revenue
- $4.8m
- Investments
- $174.7k
- Employees
- 91
- Location
- Louisville, KY
- Founding
- 05/1953
- Data as of
- 05/2022
- EIN
- 61-6033779
Organization Overview
Kentucky Dance Council Inc, operating under the name Louisville Ballet, is located in Louisville, KY. The organization was established in 1953. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2022, Louisville Ballet employed 91 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville 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 05/2022, Louisville Ballet generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $4.8m during the year ending 05/2022. While expenses have increased by 3.7% 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
LOUISVILLE BALLET MAKES MOVING ART THAT RESPECTS TRADITION, ENCOURAGES INNOVATION, AND FOSTERS LIFE-LONG LEARNING. WE INSPIRE CONNECTION, CONVERSATION AND A ROFOUND SENSSE OF COMMUNITY, BY STRIVING FOR BOLD COLLABORATIONS, BY NURTURING THE NEXT GENERATION OF ARTISTS, BY CELEBRATING DIVERSITY, AND BY CREATING ACCESS FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DANCE COUNCIL PERFORMED 4 MAJOR PRODUCTIONS AND 1 IN HOUSE PRODUCTION WITH OVER 22,000 IN ATTENDANCE.
THE LOUISVILLE BALLET SCHOOL OFFERS A VARIETY OF CLASSES DESIGNED FOR STUDENTS OF ALL AGES AND DISCIPLINES. IN STRIVING FOR THE DEVELOPMENT OF EACH INDIVIDUAL'S FULL POTENTIAL, THE LOUISVILLE BALLET SCHOOL COMMUNITY SUPORTS AN APPRECIATION FOR TRADITION AND A SENSE OF SHARED EXPERIENCE THAT PREPARES STUDENTS FOR FUTURES AS ARTISTS, ENGAGED CITIZENS, AUDIENCE MEMBERS, AND RESPONSIBLE YOUNG MEN AND WOMEN. LOUISVILLE BALLET COMMUNITY ENGAGEMENT PROGRAMS SERVE OVER 18,000 PEOPLE EACH YEAR THROUGH DANCE EDUCATION EXPERIENCES ACROSS KENTUCKY. PROGRAMMING INCLUDES IN-SCHOOL RESIDENCES, PERFORMANCE ASSEMBLIES, AFTER SCHOOL PROGRAMS, COMMUNITY WORKSHOPS, STUDENT MATINEES, AUDIENCE ENGAGEMENT INITIATIVES AND SPECIALIZED PARTNERSHIPS WITH LIBRARIES, HOSPITALS AND SOCIAL SERVICE AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Curran Artistic Director | Officer | 40 | $113,528 |
Ralph DE Chabert President | OfficerTrustee | 10 | $0 |
Matt Hamel Secretary | OfficerTrustee | 10 | $0 |
Pamela Thompson Vice President | OfficerTrustee | 10 | $0 |
Jim Haynes Treasurer | OfficerTrustee | 10 | $0 |
John P Koester Executive Director | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $767,425 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,192,038 |
| Noncash contributions included in lines 1a–1f | $12,846 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,959,463 |
| Total Program Service Revenue | $1,712,186 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,801 |
| 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 | $4,767,462 |
| 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. | $230,606 |
| Compensation of current officers, directors, key employees. | $37,830 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,674,987 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $103,851 |
| Payroll taxes | $204,243 |
| 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 | $241,677 |
| Advertising and promotion | $250,937 |
| Office expenses | $20,013 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $229,448 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $69,959 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,534 |
| Insurance | $37,197 |
| All other expenses | $234,416 |
| Total functional expenses | $4,810,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $380,922 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $367,483 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $20,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,643 |
| Net Land, buildings, and equipment | $1,504,199 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $174,653 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,461,900 |
| Accounts payable and accrued expenses | $240,221 |
| Grants payable | $0 |
| Deferred revenue | $606,688 |
| 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 | $1,704,009 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $300,000 |
| Total liabilities | $2,850,918 |
| Net assets without donor restrictions | -$741,771 |
| Net assets with donor restrictions | $352,753 |
| 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 | $2,461,900 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Kentucky Dance Council Inc has recieved totaling $464,368.
| Awarding Organization | Amount |
|---|---|
Fund For The Arts Inc Louisville, KY PURPOSE: Art for Kosair Kids, Arts in Learning, Sustaining Impact Grant | $366,182 |
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $40,000 |
Gheens Foundation Inc Louisville, KY PURPOSE: GENERAL OPERATIONS - DANCE PROGRAM | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $14,500 |
Kindred Foundation Inc Louisville, KY PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Delta Dental Of Kentucky Inc Louisville, KY PURPOSE: SUPPORT GENERAL MISSION | $7,686 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kentucky Dance Council Inc Louisville, KY | $2,461,900 | $4,767,462 |
Hubbard Street Dance Chicago Inc Chicago, IL | $12,598,821 | $6,117,645 |
Dayton Contemporary Dance Company Dayton, OH | $1,533,239 | $2,434,734 |
Collage Dance Collective Inc Memphis, TN | $12,261,946 | $4,794,210 |
New Ballet Ensemble Memphis, TN | $2,810,421 | $1,613,011 |
Balletnova Center For Dance Falls Church, VA | $833,761 | $1,554,598 |
Dance Kaleidoscope Inc Indianapolis, IN | $8,753,720 | $2,025,763 |
Manassas Performing Arts Inc Manassas, VA | $724,787 | $1,117,040 |
Ballet Virginia Norfolk, VA | $278,042 | $1,188,298 |
Forward Momentum Chicago Nfp Chicago, IL | $1,599,320 | $1,315,420 |
Red Clay Dance Company Inc Chicago, IL | $1,156,212 | $1,562,748 |
Ceilings And Interior Systems Construction Association Oak Brook, IL | $888,103 | $997,301 |