Texas Ballet Theater Inc

Organization Overview

Texas Ballet Theater Inc is located in Fort Worth, TX. The organization was established in 2004. 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, Texas Ballet Theater Inc employed 257 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas 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 06/2022, Texas Ballet Theater Inc generated $10.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $7.8m during the year ending 06/2022. 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

TEXAS BALLET THEATER CREATES, PRESENTS, AND TOURS WORLD CLASS BALLET, FROM CLASSICAL TO CUTTING EDGE, AND PROMOTES ITS APPRECIATION, ACCESSIBILITY, AND TECHNICAL MASTERY AMONG STUDENTS, PRE-PROFESSIONALS, AND AUDIENCES OF ALL AGES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TEXAS BALLET THEATER PROVIDED 43 HIGH QUALITY BALLET PERFORMANCES IN DALLAS AND FORT WORTH, TEXAS FOR 46,826 PATRONS DURING THE FISCAL YEAR ENDED JUNE 30, 2022. INCLUDED IN THE PRODUCTIONS WAS A COMPANY PREMIER "STAR CROSSED" BY BEN STEVENSON,O.B.E. THE COMPANY ALSO PRESENTED TWO WORLD PREMIERS "VIOLIN CONCERTO IN D" BY TIMOTHY O'KEEFE AND "A MIDSUMMER NIGHT'S DREAM' BY BEN STEVENSON, O.B.E.. FAMILY FAVORITE "THE NUTCRACKER" BY BEN STEVENSON WAS ALSO PRESENTED. DUE TO THE COVID-19 PANDEMIC 2 SHOWS WERE CANCELLED.


PROVIDED SUCCESSFUL TRAINING PROGRAMS, LOCATED IN FORT WORTH, TEXAS AND RICHARDSON, TEXAS FOR THE PERFORMING ARTS WITH PROFESSIONAL INSTRUCTION AND DANCE EDUCATION. APPROXIMATELY 606 STUDENTS PARTICIPATED IN OUR PROGRAMS DURING THE FISCAL YEAR ENDED JUNE 30, 2022.


CITY DANCE IS A PROGRAM CREATED TO ENRICH THE LIVES OF CHILDREN IN UNDERSERVED COMMUNITIES ACROSS NORTH TEXAS AND TO DEVELOP ARTISTS, ART PATRONS AND LEADERS OF THE FUTURE BY PROVIDING FREE AFTER-SCHOOL BALLET LESSONS TO 692 K - 8TH GRADERS IN PARTICIPATING SCHOOLS IN CROWLEY, EVERMAN, DALLAS, FORT WORTH, AND RICHARDSON INDEPENDENT SCHOOL DISTRICTS. CITY DANCE SERVED STUDENTS IN 27 NORTH TEXAS SCHOOLS DURING THE FISCAL YEAR ENDED JUNE 30, 2022.


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Board, Officers & Key Employees

Name (title)Compensation
Vanessa Logan
Executive Director
$185,946
Ben Stevenson
Artistic Director
$182,151
Anne T Bass
Chairman
$0
Camille R Comeau
Treasurer
$0
Tom Bessant
Vice-Chairman
$0
Whitney Strauss
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Schaefer Advertising Co Ltd
Marketing Consultant
$542,207
Performing Arts Of Fort Worth
Fort Worth Performance Expenses
$419,701
At&t Performing Arts Center
Dallas Performance Expenses
$203,553
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$853,995
Related organizations$0
Government grants $989,000
All other contributions, gifts, grants, and similar amounts not included above$3,740,800
Noncash contributions included in lines 1a–1f $8,459
Total Revenue from Contributions, Gifts, Grants & Similar$5,583,795
Total Program Service Revenue$4,827,570
Investment income $527
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $124,186
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$120,861
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $10,225
Miscellaneous Revenue$0
Total Revenue $10,675,442

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Texas Ballet Theater Inc has recieved totaling $100,000.

Awarding OrganizationAmount
Addy Foundation

Dallas, TX

PURPOSE: CIVIC/COMMUNITY ENGAGEMENT

$100,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$329,692
Earnings$527
Ending Balance$330,219

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