Ballet Folklorico Tapatio Non-Profit Corporation
- Assets
- $9.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 01/2002
- Data as of
- 12/2023
- EIN
- 86-1002717
Organization Overview
Ballet Folklorico Tapatio Non-Profit Corporation is located in Tucson, AZ. The organization was established in 2002. 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. Ballet Folklorico Tapatio Non-Profit Corporation 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 12/2023, Ballet Folklorico Tapatio Non-Profit Corporation generated $122.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $119.0k during the year ending 12/2023. While expenses have increased by 0.7% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
BALLET FOLKLORICO TAPATIO OFFERS 6 DIFFERENT LEVELS OF DANCE CLASSES TO STUDENTS OF ALL AGES FROM 2 YEARS OLD TO ADULTS. IN 2023, THERE WERE OVER 150 DANCERS. THE GOAL IS TO PROVIDE A HEALTHY, SAFE AND INSPIRATIONAL ENVIRONMENT IN WHICH DANCERS ARE GIVEN THE OPPORTUNITY TO LEARN ABOUT MEXICAN CULTURE AND HISTORY THROUGH TRADITIONAL REGIONAL DANCES. BALLET FOLKLORICO TAPATIO PROVIDES AN AVENUE IN WHICH STUDENTS CAN DEVELOP PRIDE, SELF CONFIDENCE AND SELF ESTEEM, WHILE ENCOURAGING THEM TO WORK WITHIN THE COMMUNITY FOR POSITIVE CHANGE. THE DISCIPLINE WE DEMAND WITHIN OUR GROUP IS THE DISCIPLINE THAT PREPARES OUR YOUTH FOR THEIR EDUCATION PURSUITS AS WELL AS THE WORKFORCE. TAPATIO IS ALSO PROUD TO CELEBRATE 26 YEARS OF MEXICAN TRADITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Crystian Duarte Board Member | 2 | $0 | |
Jimena Duarte Baca Board Member | 2 | $0 | |
Marisa Gallegos Board Member | 20 | $3,978 | |
Richard Kin-Bayze Board Member | 2 | $0 | |
Adrian Merino Board Member | 2 | $0 | |
June Torreros Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000 |
| Total Program Service Revenue | $11,848 |
| Membership dues | $53,387 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,901 |
| Other Revenue | $53,032 |
| Total Revenue | $122,485 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,795 |
| Professional fees and other payments to independent contractors | $5,760 |
| Occupancy, rent, utilities, and maintenance | $4,565 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $88,658 |
| Total expenses | $118,978 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,216 |
| Other assets | $0 |
| Total assets | $9,216 |
| Total liabilities | $20,584 |
| Net assets or fund balances | -$11,368 |