City Of Angels Ballet is located in Studio City, CA. The organization was established in 1996. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Of Angels Ballet 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 12/2020, City Of Angels Ballet generated $32.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $41.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
CITY OF ANGELS BALLET PROVIDES A FREE EDUCATION IN BALLET FOR CHILDREN ATTENDING PUBLIC SCHOOL THEREBY GIVING CHILDREN OF ALL ETHNIC AND ECONOMIC BACKGROUNDS THE OPPORTUNITY TO DANCE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mario Nugara President | 40 | $0 | |
Dale Barnes Chairman | 5 | $0 | |
Teresa Decrescenzo Secretary/treasurer | 5 | $0 | |
Karen Houghton Director | 5 | $0 | |
Lynn Miller Director | 5 | $0 | |
Shelly Stark Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,594 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,594 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,892 |
| Professional fees and other payments to independent contractors | $2,533 |
| Occupancy, rent, utilities, and maintenance | $60 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,281 |
| Total expenses | $41,766 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,123 |
| Other assets | $0 |
| Total assets | $9,893 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,893 |