Orlando Metropolitan Ballet Academy Inc is located in Orlando, FL. The organization was established in 2019. 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. Orlando Metropolitan Ballet Academy 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, Orlando Metropolitan Ballet Academy Inc generated $167.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.2% each year . All expenses for the organization totaled $142.3k during the year ending 06/2022. While expenses have increased by 17.5% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OUR ACCOMPLISHMENTS FOR 2018 INCLUDE:- REGULAR ACADEMIC PROGRAM IN CLASSICAL BALLET WHERE MORE THAN 40 STUDENTS HAD THE OPORTUNITY OF TRAINING AND PERFORMING AT THE DR. PHILLIPS CENTER FOR THE PERFORMING ARTS.- PRE PROFESSIONAL ACADEMIC PROGRAM WHERE THE MOST SERIOUS STUDENTS GET TO LIVE THE EXPERIENCE OF BEING ALMOST A PROFESSIONAL DANCER, ONE OF OUR STUDENTS PLACED 9 AT UNIVERSAL BALLET COMPETITION AND GOT A FULL SCHOLARSHIP TO STUDY AT THE SCHOOL OF AMERICAN BALLET WHICH IS THE SCHOOL OF NEW YORK CITY BALLET.- BOYS SCHOLARSHIP, WE OFFER FULL SCHOLARSHIP TO BOYS, AS NOW WE ONLY HAVE ONE FULLY ENROLLED, TAKING CLASSES AND ENROLLING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Yeriana Bolivar President | 12 | $0 | |
Yerlis Bolivar Director | 12 | $0 | |
Carlos Lucena Director | 12 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,743 |
Total Program Service Revenue | $152,465 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $167,208 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $54,147 |
Professional fees and other payments to independent contractors | $1,945 |
Occupancy, rent, utilities, and maintenance | $34,321 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $51,448 |
Total expenses | $142,301 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,766 |
Other assets | $0 |
Total assets | $14,271 |
Total liabilities | $3,465 |
Net assets or fund balances | $10,806 |