Civic Intelligence

Brooklyn Ballet Inc

990 • Fiscal year 2013 • EIN 02-0569320

Jan 01, 2013 to Dec 31, 2013 • Filed on Sep 30, 2014

160 Schermerhorn StreetBrooklyn, NY 11201

(718) 246-0146

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.71x

Higher debt load relative to assets than 88% of similar nonprofits.

2013 filings • NTEE A • <$500k nonprofits • Source year 2013

Liabilities / Revenue

80th percentile

0.14x

Higher debt load relative to revenue than 80% of similar nonprofits.

2013 filings • NTEE A • <$500k nonprofits • Source year 2013

Net Margin

32nd percentile

-5.4%

Higher net margin than 32% of similar nonprofits.

2013 filings • NTEE A • <$500k nonprofits • Source year 2013

Top Officer Pay

91st percentile

$35,250

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2013 filings • NTEE A • <$500k nonprofits • Source year 2013

Asset Growth

31st percentile

-7.9%

Faster asset growth than 31% of similar nonprofits.

2013 filings • NTEE A • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$85,269

Down $242 (-0.3%) from 2012

Net Assets

Down

$24,836

Down $18,097 (-42%) from 2012

Liabilities

Up

$60,433

Up $17,855 (+42%) from 2012

Revenue

Up

$422,417

Up $18,000 (+4.5%) from 2012

Expenses

Up

$445,293

Up $28,909 (+6.9%) from 2012

Net Income

Down

-$22,876

Down $10,909 (-91%) from 2012

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2010: $48,419Liabilities 2010: $50,083Net Assets 2010: -$1,6642010Assets 2011: $96,649Liabilities 2011: $41,749Net Assets 2011: $54,9002011Assets 2012: $85,511Liabilities 2012: $42,578Net Assets 2012: $42,9332012Assets 2013: $85,269Liabilities 2013: $60,433Net Assets 2013: $24,8362013Assets 2014: $117,843Liabilities 2014: $44,759Net Assets 2014: $73,0842014Assets 2015: $132,322Liabilities 2015: $46,301Net Assets 2015: $86,0212015Assets 2016: $132,973Liabilities 2016: $65,268Net Assets 2016: $67,7052016Assets 2017: $111,867Liabilities 2017: $76,943Net Assets 2017: $34,9242017Assets 2018: $91,224Liabilities 2018: $157,764Net Assets 2018: -$66,5402018Assets 2019: $40,679Liabilities 2019: $123,235Net Assets 2019: -$82,5562019Assets 2020: $59,300Liabilities 2020: $136,335Net Assets 2020: -$77,0352020Assets 2021: $760,063Liabilities 2021: $295,317Net Assets 2021: $464,7462021Assets 2022: $1,082,162Liabilities 2022: $393,230Net Assets 2022: $688,9322022Assets 2023: $1,402,534Liabilities 2023: $1,162,481Net Assets 2023: $240,0532023Assets 2024: $1,104,062Liabilities 2024: $1,055,280Net Assets 2024: $48,7822024

Highlighted filing

2013

Assets$85,269
Liabilities$60,433
Net Assets$24,836

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $332,4552010Expenses 2011: $373,6722011Revenue 2012: $404,417Expenses 2012: $416,384Net Income 2012: -$11,9672012Revenue 2013: $422,417Expenses 2013: $445,293Net Income 2013: -$22,8762013Revenue 2014: $519,001Expenses 2014: $470,753Net Income 2014: $48,2482014Revenue 2015: $572,901Expenses 2015: $559,964Net Income 2015: $12,9372015Revenue 2016: $720,083Expenses 2016: $721,124Net Income 2016: -$1,0412016Revenue 2017: $767,872Expenses 2017: $800,653Net Income 2017: -$32,7812017Revenue 2018: $730,068Expenses 2018: $811,504Net Income 2018: -$81,4362018Revenue 2019: $763,851Expenses 2019: $779,867Net Income 2019: -$16,0162019Revenue 2020: $411,328Expenses 2020: $417,886Net Income 2020: -$6,5582020Revenue 2021: $1,225,317Expenses 2021: $683,536Net Income 2021: $541,7812021Revenue 2022: $1,292,591Expenses 2022: $1,068,405Net Income 2022: $224,1862022Revenue 2023: $1,186,591Expenses 2023: $1,635,471Net Income 2023: -$448,8802023Revenue 2024: $1,204,341Expenses 2024: $1,395,612Net Income 2024: -$191,2712024

Highlighted filing

2013

Revenue$422,417
Expenses$445,293
Net Income-$22,876
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Sep 30, 2014
Return Version
2013v3.1
Gross Receipts
$422,417
Mission and Program Overview

Mission

Brooklyn ballet is a not for profit organization whose mission is to promote artistic excellence and education for brooklyns diverse communities

Brooklyn Ballet is a not for profit dance company whose mission is to promote artistic excellence and education for Brooklyn's diverse communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$25,834$32,317▲ $6,483
Land, Buildings, and Equipment, Net$34,374$26,867▼ $7,507
Loans From Officers Directors$23,000$15,300▼ $7,700
Pledges and Grants Receivable$7,387$0▼ $7,387
Accounts Receivable$6,067$6,918▲ $851
Prepaid Expenses and Deferred Charges$1,702$1,900▲ $198
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$92,631$85,269▼ $7,362
Other Assets Total$17,267$17,267→ $0
Liabilities
Accounts Payable and Accrued Expenses$21,919$30,133▲ $8,214
Unsecured Notes Loans Payable-$15,000-
Total Liabilities$44,919$60,433▲ $15,514
Net Assets / Fund Balance
Temporarily Rstr Net Assets$34,374$25,601▼ $8,773
Unrestricted Net Assets$13,338$-765▼ $14,103
Total Net Assets Fund Balance$47,712$24,836▼ $22,876
Total Liabilities and Net Assets / Fund Balance$92,631$85,269▼ $7,362

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$26,867$28,632$55,499
Other Assets Org$17,267--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lynn ParkersonExecutive DirecPT$35,250$35,250

Board Members and Trustees

NameTitle
Karyn ZieveChairman
Allen KrausDirector
Zal SarkariDirector
Geri Armine-KleinSecretary
Dennis AbenantyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$98,243
Program Service Revenue
$308,898
Investment Income
$1
Other Revenue
$15,275
All Other Contributions
$47,248
Change in Net Assets
$-22,876

Audited Revenue Reconciliation

Revenue per Audited Statements
$422,417
Total Revenue per Audited Statements
$422,417
Total Revenue per Form 990
$422,417
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$260,392
Salaries, Compensation, and Employee Benefits$184,901
Total Fundraising Expense$60,909
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$141,359$9,985-$151,344
Other Salaries and Wages$74,072$4,382$51,753$130,207
Occupancy$37,857$13,599-$51,456
Current Officers, Directors, Trustees, and Key Employees$29,438$5,887$3,925$39,250
Office Expenses$92$15,461-$15,553
Payroll Taxes$9,434$936$5,074$15,444
Depreciation Depletion-$9,089-$9,089
Advertising$4,433$2,185-$6,618
Fees for Services Accounting-$5,000-$5,000
Insurance-$3,471-$3,471
Travel$2,821$442$20$3,283
Conferences and Meetings$740$1,174$137$2,051
Other Expenses$219$71-$290
Total Functional Expenses$312,501$71,883$60,909$445,293

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$445,293
Total Expenses per Audited Statements$445,293
Total Expenses per Form 990$445,293
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Lynn ParkersonSpousesalaryNo$35,250

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$23,000$15,300▼ $7,700
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

The Executive Director is the spouse of a board member

Form 990, Part VI, Line 11B: Form 990 Review Process

The Board reviews Form 990 before it is signed.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Our Form 990 and Form 1023 are available upon request.

Filing and Contact Details

Filer

EIN
02-0569320
Phone
7182460146

Signing Officer

Name
Lynn Parkerson
Title
Executive Direc
Signed
2014-09-30
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
4
Employees
6

Preparer

Preparer
Yehuda Bunker
Phone
7184384858
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The organization files Form 990, Return of Organization Exempt from Taxes. Years ended December 31, 2010 and thereafter are open for examination. There are no uncertain tax positions and no prospect of assessments for those years.

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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711120
IRS990/ProgramServiceRevenueGrp/BusinessCd1519100
IRS990/ProgramServiceRevenueGrp/BusinessCd2711120
IRS990/ProgramServiceRevenueGrp/Desc0Admission
IRS990/ProgramServiceRevenueGrp/Desc1Advertising
IRS990/ProgramServiceRevenueGrp/Desc2Tuition and fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt046493
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14600
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2257805
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt046493
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2257805
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0130150
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0301095
IRS990/PYOtherRevenueAmt012598
IRS990/PYProgramServiceRevenueAmt0270556
IRS990/PYRevenuesLessExpensesAmt0-7187
IRS990/PYSalariesCompEmpBnftPaidAmt0119396
IRS990/PYTotalExpensesAmt0420491
IRS990/PYTotalRevenueAmt0413304
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-22876
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt015275
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0308898
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt098243
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0160150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0221063
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0161794
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0149943
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0791193
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90100
IRS990ScheduleA/PublicSupportPY170Pct00.92940
IRS990ScheduleA/PublicSupportTotal170Amt0712841
IRS990ScheduleA/SubstantialContributorsTotAmt078352
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt098243
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0160150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0221063
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0161794
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0149943
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0791193
IRS990ScheduleA/TotalSupportAmt0791193
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt026867
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028632
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt055499
IRS990ScheduleD/ExpensesSubtotalAmt0445293
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt017267
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security Deposit
IRS990ScheduleD/RevenueSubtotalAmt0422417
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization files Form 990, Return of Organization Exempt from Taxes. Years ended December 31, 2010 and thereafter are open for examination. There are no uncertain tax positions and no prospect of assessments for those years.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026867
IRS990ScheduleD/TotalBookValueOtherAssetsAmt017267
IRS990ScheduleD/TotalExpensesPerForm990Amt0445293
IRS990ScheduleD/TotalRevenuePerForm990Amt0422417
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0422417
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0445293
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Lynn Parkerson
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Spouse
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt035250
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0salary
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0The Executive Director is the Spouse of a board member.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Executive Director is the spouse of a board member
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board reviews Form 990 before it is signed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Our Form 990 and Form 1023 are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt034374
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt025601
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt092631
IRS990/TotalAssetsEOYAmt085269
IRS990/TotalAssetsGrp/BOYAmt092631
IRS990/TotalAssetsGrp/EOYAmt085269
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt098243
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt060909
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt071883
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0312501
IRS990/TotalFunctionalExpensesGrp/TotalAmt0445293
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt044919
IRS990/TotalLiabilitiesEOYAmt060433
IRS990/TotalLiabilitiesGrp/BOYAmt044919
IRS990/TotalLiabilitiesGrp/EOYAmt060433
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt047712
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt024836
IRS990/TotalProgramServiceExpensesAmt0312501
IRS990/TotalProgramServiceRevenueAmt0308898
IRS990/TotalReportableCompFromOrgAmt035250
IRS990/TotalRevenueGrp/ExclusionAmt015276

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$1.06$0.05$1.20$1.40$0.19
2023Detailed filing. Detailed filing data is available for this year.$1.40$1.16$0.24$1.19$1.64$0.45
2022Detailed filing. Detailed filing data is available for this year.$1.08$0.39$0.69$1.29$1.07$0.22
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.30$0.46$1.23$0.68$0.54
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.14$0.08$0.41$0.42$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.12$0.08$0.76$0.78$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.16$0.07$0.73$0.81$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.08$0.03$0.77$0.80$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.13$0.07$0.07$0.72$0.72$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.13$0.05$0.09$0.57$0.56$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.04$0.07$0.52$0.47$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.09$0.06$0.02$0.42$0.45$0.02
2012Summary only. Only limited summary data is available for this year.$0.09$0.04$0.04$0.40$0.42$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.04$0.05$0.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.05$0.00$0.33