Palos Verdes Ballet Assoc is located in Torrance, CA. The organization was established in 1981. 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. Palos Verdes Ballet Assoc 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, Palos Verdes Ballet Assoc generated $128.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $117.0k during the year ending 06/2023. While expenses have increased by 5.5% per year over the past 8 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
THE ASSOCIATION WAS ABLE TO PUT ON A PERFORMANCE OF THE NUTCRACKER IN DECEMBER 2022, GISELLE IN JUNE 2023, AND A SUMMER SHOWCASE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sae Rom Lee Strickland President & CEO | 11 | $0 | |
Uta Graf-Apostol Director | 1 | $0 | |
John Apostol CFO | 1 | $0 | |
Erica H Ferro CPA Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $96,542 |
Total Program Service Revenue | $32,054 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $128,596 |
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 | $1,095 |
Occupancy, rent, utilities, and maintenance | $18,358 |
Printing, publications, postage, and shipping | $1,460 |
Other expenses | $96,040 |
Total expenses | $116,953 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $31,402 |
Other assets | $0 |
Total assets | $31,402 |
Total liabilities | $0 |
Net assets or fund balances | $31,402 |