Arkansas Festival Ballet Inc
- Assets
- $34.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 09/2001
- Data as of
- 06/2023
- EIN
- 71-0842951
Organization Overview
Arkansas Festival Ballet Inc is located in Little Rock, AR. The organization was established in 2001. According to its NTEE Classification (A62) the organization is classified as: Dance, 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. Arkansas Festival 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 06/2023, Arkansas Festival Ballet Inc generated $64.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $77.0k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 6 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
2023
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori L Holzwarth Treasurer | 2 | $0 | |
J Lynn Davis President | 2 | $0 | |
Meridith Zachritz Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,736 |
| Total Program Service Revenue | $57,040 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,778 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $42,192 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,781 |
| Total expenses | $76,973 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,621 |
| Other assets | $0 |
| Total assets | $34,621 |
| Total liabilities | $58,018 |
| Net assets or fund balances | -$23,397 |