Ballet Academy Inc

990EZ • Fiscal year 2024 • EIN 04-2615004

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 11, 2025

Organization Profile THEBALLETACADEMY.COM

235 Gray StreetArlington, MA 02476

(781) 641-4477

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

17%

Higher net margin than 71% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

$9,500

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 27.3% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

50%

Faster asset growth than 85% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

-0.1%

Faster revenue growth than 46% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet

Liabilities / Assets56th percentile

Assets

$17,920

Up $5,979 (+50%) from 2023

Net Assets

$17,920

Up $5,979 (+50%) from 2023

Liabilities

Flat

Flat from 2023

Revenue And Expenses

Liabilities / Revenue57th percentile Net Margin71st percentile

Revenue

Down

$34,761

Down $19 (-0.1%) from 2023

Expenses

Down

$28,782

Down $7,459 (-21%) from 2023

Net Income

$5,979

Up $7,440 (+509%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

Highlighted filing

2024

Assets$17,920

Liabilities$0

Net Assets$17,920

Open 2024 Filing

Operations Trend

Revenue Growth46th percentile

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

Highlighted filing

2024

Revenue$34,761

Expenses$28,782

Net Income$5,979

Open 2024 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2023 to Jun 30, 2024
Signed: Mar 11, 2025
Return Version: 2023v6.0
Gross Receipts: $34,761

Mission and Program Overview

Mission

Instruction in ballet by the cecchetti method.

Program Services

Description	Grants	Expenses
BALLET INSTRUCTION	$0	$25,425

Compensation and Service Providers

Top Officer Pay82nd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
FRANCES KOTELLY	President	PT	$9,500	-	$9,500
CHRISTOPHER KOTELLY	Treasurer/Director	-	$0	-	-
JOHN KOTELLY	Clerk/Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Ballet Academy Inc
EIN: 04-2615004
Phone: 7816414477
Address: 235 GRAY STREET, ARLINGTON, MA 02476

Signing Officer

Name: Frances Kotelly
Title: President
Phone: 7816414477
Signed: 2025-03-11
Discuss with paid preparer: Yes

Preparer

Firm: Koundakjian & Co PC CPA's
Address: 9 Meriam St Suite 2, Lexington, MA 02420-5312
Preparer: Donald K Koundakjian
Phone: 7818611170

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

“Description: TD BANK. Amount: 2.”

Form 990-EZ, Part I, Line 14

“Description: Depreciation. Amount: 781. Description: Other Expenses. Amount: 14200. Total to Form 990-EZ, line 14: 14981.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: INSURANCE. Amount: 1158. Description: MISCELLANEOUS. Amount: 200. Description: RECITALS. Amount: 1325. Description: TELEPHONE. Amount: 546. Description: FILING FEES. Amount: 15. Description: REPAIRS. Amount: 200. Total to Form 990-EZ, line 16: 3444.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: Other Depreciable Assets. Beg. of Year Amount: 2519. End of Year Amount: 1738.”

Raw XML Appendix150 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	FRANCES KOTELLY
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	7816464704
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	235 GRAY STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	ARLINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	02476
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	9422
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	16182
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	5979
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	11941
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	17920
IRS990EZ/GrossReceiptsAmt	0	34761
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	2
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	11941
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	17920
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	11941
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	17920
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	14981
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	0.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	9500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	FRANCES KOTELLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	CHRISTOPHER KOTELLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	JOHN KOTELLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER/DIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	CLERK/DIR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	2519
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	1738
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	3444
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	INSTRUCTION IN BALLET BY THE CECCHETTI METHOD.
IRS990EZ/PrintingPublicationsPostageAmt	0	657
IRS990EZ/ProgramServiceRevenueAmt	0	34759
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	BALLET INSTRUCTION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	25425
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	9700
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	1
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MA
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	28782
IRS990EZ/TotalProgramServiceExpensesAmt	0	25425
IRS990EZ/TotalRevenueAmt	0	34761
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	THEBALLETACADEMY.COM
IRS990ScheduleA/SchoolInd	0	X
IRS990ScheduleE/ComplianceWithRevProc7550Ind	0	1
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd	0	0
IRS990ScheduleE/DiscriminateRaceAthltProgInd	0	0
IRS990ScheduleE/DiscriminateRaceEducPlcyInd	0	0
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd	0	0
IRS990ScheduleE/DiscriminateRaceOtherActyInd	0	0
IRS990ScheduleE/DiscriminateRaceSchsInd	0	0
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd	0	0
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd	0	0
IRS990ScheduleE/GovernmentFinancialAidRcvdInd	0	0
IRS990ScheduleE/GovernmentFinancialAidRvkdInd	0	0
IRS990ScheduleE/MaintainCpyOfAllSolInd	0	0
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd	0	1
IRS990ScheduleE/MaintainRacialCompRecsInd	0	1
IRS990ScheduleE/MaintainScholarshipsRecsInd	0	1
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd	0	1
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd	0	1
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd	0	1
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt	0	Newspaper and internet advertising includes a reference to the school's racially nondiscriminatory policy.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt	1	Organization does not solicit contributions
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Schedule E, Part I, Line 4
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description: TD BANK. Amount: 2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Description: Depreciation. Amount: 781. Description: Other Expenses. Amount: 14200. Total to Form 990-EZ, line 14: 14981.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Description: INSURANCE. Amount: 1158. Description: MISCELLANEOUS. Amount: 200. Description: RECITALS. Amount: 1325. Description: TELEPHONE. Amount: 546. Description: FILING FEES. Amount: 15. Description: REPAIRS. Amount: 200. Total to Form 990-EZ, line 16: 3444.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Description: Other Depreciable Assets. Beg. of Year Amount: 2519. End of Year Amount: 1738.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Form 990-EZ, Part II, Line 24 - Other Assets
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS	0	2025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	FRANCES KOTELLY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7816414477
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2025-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	BALLET ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt	0	BALL
ReturnHeader/Filer/EIN	0	042615004
ReturnHeader/Filer/PhoneNum	0	7816414477
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	235 GRAY STREET
ReturnHeader/Filer/USAddress/CityNm	0	ARLINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MA
ReturnHeader/Filer/USAddress/ZIPCd	0	02476
ReturnHeader/IRSResponsiblePrtyInfoCurrInd	0	0
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	042807416
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Koundakjian & Co PC CPA's
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	9 Meriam St Suite 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Lexington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	024205312
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7818611170
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2025-02-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Donald K Koundakjian
ReturnHeader/ReturnTs	0	2025-03-29T11:40:57-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2023-07-01
ReturnHeader/TaxPeriodEndDt	0	2024-06-30
ReturnHeader/TaxYr	0	2023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $17,920
Liabilities: $0
Net assets: $17,920
Revenue: $34,761
Expenses: $28,782
Net income: $5,979

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$15.3	$33.2	$17.9
2024Detailed filing. Detailed filing data is available for this year.	$17.9	$0.00	$17.9	$34.8	$28.8	$5.98
2023Detailed filing. Detailed filing data is available for this year.	$11.9	$0.00	$11.9	$34.8	$36.2	$1.46
2022Detailed filing. Detailed filing data is available for this year.	$13.4	$0.00	$13.4	$35.4	$35.0	$0.36
2021Detailed filing. Detailed filing data is available for this year.	$16.3	$3.26	$13.0	$0.80	$5.87	$5.07
2020Detailed filing. Detailed filing data is available for this year.	$18.1	$0.00	$18.1	$42.6	$32.1	$10.4
2019Summary only. Only limited summary data is available for this year.	$7.67	$0.00		$80.3	$83.0	$2.67
2018Summary only. Only limited summary data is available for this year.	$10.3	$0.00		$85.4	$85.0	$0.41
2017Summary only. Only limited summary data is available for this year.	$9.93	$0.00		$74.2	$70.3	$3.87
2016Summary only. Only limited summary data is available for this year.	$6.07	$0.00		$76.2	$71.8	$4.34
2015Summary only. Only limited summary data is available for this year.	$1.72	$0.00		$88.0	$89.7	$1.69
2014Summary only. Only limited summary data is available for this year.	$3.41	$0.00		$88.9	$91.3	$2.39
2013Summary only. Only limited summary data is available for this year.	$5.80	$0.00		$92.2	$91.0	$1.13
2012Summary only. Only limited summary data is available for this year.	$4.67	$0.00		$85.2	$84.5	$0.76
2011Summary only. Only limited summary data is available for this year.	$3.92	$0.00		$82.1	$84.6	$2.55