Tulsa Ballet Theater Inc

Organization Overview

Tulsa Ballet Theater Inc is located in Tulsa, OK. The organization was established in 1964. 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 05/2022, Tulsa Ballet Theater Inc employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tulsa Ballet Theater 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 05/2022, Tulsa Ballet Theater Inc generated $8.5m 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 (3.2%) each year. All expenses for the organization totaled $7.0m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PRESERVE AND CREATE WORKS OF BALLET AND EDUCATE THROUGH TRAINING AND OUTREACH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TULSA BALLET PRODUCES 8 SHOWS EACH SEASON INCLUDING BELOVED CLASSICS, MODERN MASTERPIECES, AND WORLD PREMIERE CREATIONS. THESE PERFORMANCES ANNUALLY REACH MORE THAN 40,000 INDIVIDUALS ACROSS THE REGION . IN ADDITION TO SERVING AS AN OFFICIAL CULTURAL AMBASSADOR FOR THE STATE WITH NATIONAL AND INTERNATIONAL PERFORMANCE TOURS, TULSA BALLET COLLABORATES WITH AND LEADS THE LOCAL AND GLOBAL ARTS INDUSTRIES.


THE TULSA BALLET CENTERS FOR DANCE EDUCATION (TBCDE) OFFER DANCE TRAINING OF UNCOMPROMISING QUALITY. THE CURRICULUM EMPHASIZES CLASSICAL BALLET TECHNIQUE BASED ON THE RUSSIAN TRADITION OF TRAINING. WITH TWO LOCATIONS IN THE TULSA METRO, TBCDE IS LED BY A FULL TIME FACULTY OF PROFESSIONAL DANCERS AND LEADERS IN THE FIELD OF BALLET PEDAGOGY. THE PRE-PROFESSIONAL DIVISION OFFERS CLASSES FOR STUDENTS 9 TO 18. ADDITIONAL CLASSES ARE OFFERED FOR CHILDREN 3-5 (CREATIVE MOVEMENT), 6-9 (PREPARATORY BALLET), AND ADULTS WISHING TO BEGIN OR CONTINUE THEIR TRAINING.


TULSA BALLET PROVIDES A VARIETY OF EDUCATIONAL AND PERFORMANCE OUTREACH PROGRAMS FOR THE COMMUNITY. THESE IMPORTANT PROGRAMS INCREASE ARTS ACCESS FOR UNDERFUNDED SCHOOLS, CLIENTS OF SOCIAL SERVICES, AND OTHER POPULATIONS WHO DO NOT TYPICALLY HAVE ACCESS TO ARTS EXPERIENCES. LEAPS AHEAD OFFERS AN IN-STUDIO BALLET CLASS FOR CHILDREN FROM LOCAL AT-RISK SCHOOLS AND LEAPS IN MOTION TAKES THE PROGRAM OUT INTO THE SCHOOLS. BACKSTAGE AT THE BALLET BRINGS A CHILDREN'S BALLET PERFORMANCE TO EVERY 5TH GRADER IN TULSA PUBLIC SCHOOLS THROUGH THE KENNEDY CENTER'S NATIONAL ANY GIVEN CHILD PROGRAM. PARTNERS IN ART AND HOPE FOR THE HOLIDAYS PROVIDE FREE TULSA BALLET TICKETS FOR MAINSTAGE PERFORMANCES TO UNDERSERVED CHILDREN AND FAMILIES. IN TOTAL, TULSA BALLET'S OUTREACH PROGRAMS SERVE 10,000 PERSONS EACH YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Marcello Angellini
CEO
$240,493
William Black
Managing Dir
$113,572
Mary Barnes
Chair Emeritus
$0
Billie Barnett
Chair Emeritus
$0
Cheryl Forrest
Chair Emeritus
$0
Ramez Hakim
Chair Emeritus
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tpc Studios
Event Organizer
$132,948
Choctaw Print Services
Print Services
$100,413
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$613,125
Fundraising events$1,029,176
Related organizations$0
Government grants $1,490,206
All other contributions, gifts, grants, and similar amounts not included above$2,760,539
Noncash contributions included in lines 1a–1f $33,894
Total Revenue from Contributions, Gifts, Grants & Similar$5,893,046
Total Program Service Revenue$1,858,742
Investment income $21,189
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $297,310
Net Gain/Loss on Asset Sales $29,568
Net Income from Fundraising Events -$184,699
Net Income from Gaming Activities $13,650
Net Income from Sales of Inventory $38,898
Miscellaneous Revenue$0
Total Revenue $8,502,170

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Tulsa Ballet Theater Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Norvell Family Foundation Inc

Tulsa, OK

PURPOSE: SUPPORT

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,748,920
Earnings-$607,901
Admin Expense$76,799
Other Expense$478,057
Ending Balance$11,586,163

Peer Organizations

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