Civic Intelligence

New Haven Ballet Inc.

990 • Fiscal year 2018 • EIN 06-1144367

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 23, 2018

70 Audubon StreetNew Haven, CT 06511

(203) 782-9038

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$111,125

Flat from 2018

Net Assets

Flat

$39,056

Flat from 2018

Liabilities

Flat

$72,069

Flat from 2018

Revenue And Expenses

Revenue

Flat

$845,592

Flat from 2018

Expenses

Flat

$703,858

Flat from 2018

Net Income

Flat

$141,734

Flat from 2018

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 2011: $247,392Liabilities 2011: $42,132Net Assets 2011: $205,2602011Assets 2012: $309,419Liabilities 2012: $35,626Net Assets 2012: $273,7932012Assets 2013: $206,910Liabilities 2013: $57,976Net Assets 2013: $148,9342013Assets 2014: $127,366Liabilities 2014: $53,778Net Assets 2014: $73,5882014Assets 2015: $100,754Liabilities 2015: $59,856Net Assets 2015: $40,8982015Assets 2016: $97,519Liabilities 2016: $82,637Net Assets 2016: $14,8822016Assets 2017: $97,503Liabilities 2017: $200,253Net Assets 2017: -$102,7502017Assets 2018: $111,125Liabilities 2018: $72,069Net Assets 2018: $39,0562018Assets 2018: $111,125Liabilities 2018: $72,069Net Assets 2018: $39,0562018Assets 2019: $123,547Liabilities 2019: $60,475Net Assets 2019: $63,0722019Assets 2020: $495,222Liabilities 2020: $118,515Net Assets 2020: $376,7072020Assets 2021: $745,865Liabilities 2021: $189,398Net Assets 2021: $556,4672021Assets 2022: $1,046,728Liabilities 2022: $218,591Net Assets 2022: $828,1372022Assets 2023: $1,254,458Liabilities 2023: $275,423Net Assets 2023: $979,0352023Assets 2024: $1,215,908Liabilities 2024: $328,130Net Assets 2024: $887,7782024

Highlighted filing

2018

Assets$111,125
Liabilities$72,069
Net Assets$39,056

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $754,459Expenses 2011: $698,891Net Income 2011: $55,5682011Expenses 2012: $767,3452012Revenue 2013: $769,467Expenses 2013: $894,326Net Income 2013: -$124,8592013Revenue 2014: $804,192Expenses 2014: $879,538Net Income 2014: -$75,3462014Revenue 2015: $841,240Expenses 2015: $873,930Net Income 2015: -$32,6902015Revenue 2016: $879,703Expenses 2016: $905,719Net Income 2016: -$26,0162016Revenue 2017: $753,662Expenses 2017: $871,294Net Income 2017: -$117,6322017Revenue 2018: $845,592Expenses 2018: $703,858Net Income 2018: $141,7342018Revenue 2018: $845,592Expenses 2018: $703,858Net Income 2018: $141,7342018Revenue 2019: $795,753Expenses 2019: $766,525Net Income 2019: $29,2282019Revenue 2020: $1,071,495Expenses 2020: $759,117Net Income 2020: $312,3782020Revenue 2021: $663,418Expenses 2021: $462,331Net Income 2021: $201,0872021Revenue 2022: $1,022,520Expenses 2022: $748,001Net Income 2022: $274,5192022Revenue 2023: $1,042,790Expenses 2023: $894,431Net Income 2023: $148,3592023Revenue 2024: $848,168Expenses 2024: $966,475Net Income 2024: -$118,3072024

Highlighted filing

2018

Revenue$845,592
Expenses$703,858
Net Income$141,734
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 23, 2018
Return Version
2017v2.2
Gross Receipts
$853,581
Mission and Program Overview

Mission

New haven ballet was created to demonstrate and use the power of dance to change lives through education, performance, physical exercise, artistic aspiration, personal development and social interaction.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$26,737$45,998▲ $19,261
Land, Buildings, and Equipment, Net$41,971$32,858▼ $9,113
Accounts Receivable$16,041$21,607▲ $5,566
Prepaid Expenses and Deferred Charges$4,359$2,267▼ $2,092
Total Assets$97,503$111,125▲ $13,622
Other Assets Total$8,395$8,395→ $0
Liabilities
Other Liabilities$25,000$25,119▲ $119
Accounts Payable and Accrued Expenses$70,625$22,037▼ $48,588
Deferred Revenue$52,718$21,665▼ $31,053
Mortgage Notes Payable Secured by Investment Property$51,910$3,248▼ $48,662
Total Liabilities$200,253$72,069▼ $128,184
Net Assets / Fund Balance
Unrestricted Net Assets$-102,750$39,056▲ $141,806
Total Net Assets Fund Balance$-102,750$39,056▲ $141,806
Total Liabilities and Net Assets / Fund Balance$97,503$111,125▲ $13,622

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$21,312$22,739$44,051
Equipment$11,546$29,980$41,526
Other Assets Org$8,395--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lisa SanbornArtistic DirectorFT$64,904$64,904

Board Members and Trustees

NameTitle
Megan MurphyPresident
Paula ArmbrusterVice President
Barbara SegaloffBoard Member
Ginger ChapmanBoard Member
Jeremy MellitzBoard Member
Michael MarslandBoard Member
Susan LaityBoard Member
Kelsey PaffSecretary
John NewmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$77,024
Program Service Revenue
$755,129
Investment Income
$10
Other Revenue
$13,429
All Other Contributions
$69,114
Change in Net Assets
$141,734

Audited Revenue Reconciliation

Revenue per Audited Statements
$845,592
Revenue Not Reported on Form 990
$15,276
Total Revenue per Audited Statements
$860,868
Total Revenue per Form 990
$845,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$390,905
Salaries, Compensation, and Employee Benefits$312,953
Total Fundraising Expense$13,911
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$113,554$37,231$10,400$161,185
Other Salaries and Wages$126,193--$126,193
Occupancy$109,155$8,931-$118,086
Office Expenses-$33,993-$33,993
Other Employee Benefits$14,436$11,139-$25,575
Advertising$17,054--$17,054
Depreciation Depletion$9,037$3,981-$13,018
Insurance$4,496$1,658-$6,154
Other Expenses$5,124$7,270$3,511$5,124
All Other Expenses-$1,742-$1,742
Total Functional Expenses$584,002$105,945$13,911$703,858

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$718,602
Expenses per Audited Statements$703,858
Total Expenses per Form 990$703,858
Expenses Not Reported on Form 990$14,744
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,764
Fundraising Direct Expenses$7,989
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related Party Loan$18,700
Deferred Rent$6,419
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 governing body review Part VI line 11

The 990 is reviewed with various board members prior to filing.

CEO executive director top management comp Part VI line 15A

The board reviews and approves management compensation. Other compensation is reviewed and approved by management.

Other officer or key employee compensation Part VI line 15B

The board reviews and approves management compensation. Other compensation is reviewed and approved by management.

Governing documents etc available to public Part VI line 19

The organization does not make its governing documents and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
New Haven Ballet
EIN
06-1144367
Address
70 AUDUBON STREET, NEW HAVEN, CT 06511

Signing Officer

Name
John Newman
Title
Treasurer
Phone
2037829038
Signed
2018-10-23
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
Ct
Voting Board Members
10
Independent Board Members
10
Employees
22
Volunteers
50

Preparer

Firm
Visconti & Associates Pc
Address
444 FOXON ROAD, East Haven, CT 06513
Preparer
John Visconti
Phone
2038652927
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990, part xii, line 2c: the process has not changed from the prior year.

Financial Statement Notes

Other revenues not included on Form 990 (Part XI, line 2D)

Fundraising expenses netted to revenue

Other expenses not included on Form 990 (Part XII, line 2D)

Fundraising expenses netted to revenue $7,989 and other expense adjustment $461

Footnote for uncertain tax position under FIN 48 (Part X)

New haven ballet asc topic 740, where income tax positions must meet a more-likely-than-not recognition threshold. Management is not aware of any uncertain tax positions taken by the corporation. Tax years ended june 30, 2015 through june 30, 2018 remain subject to examination by major tax jurisdictions.

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IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1COMPANY PRODUCTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0484801
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1270328
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0484801
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1270328
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt057377
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt0476328
IRS990/PYOtherRevenueAmt020638
IRS990/PYProgramServiceRevenueAmt0675646
IRS990/PYRevenuesLessExpensesAmt0-117632
IRS990/PYSalariesCompEmpBnftPaidAmt0394966
IRS990/PYTotalExpensesAmt0871294
IRS990/PYTotalRevenueAmt0753662
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0141734
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0755129
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt07215
IRS990ScheduleD/DonatedServicesUseFcltsAmt07215
IRS990ScheduleD/EquipmentGrp/BookValueAmt011546
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029980
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041526
IRS990ScheduleD/ExpensesNotReportedAmt014744
IRS990ScheduleD/ExpensesSubtotalAmt0703858
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt021312
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022739
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt044051
IRS990ScheduleD/NetUnrealizedGainsInvstAmt072
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08395
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherExpensesIncludedAmt07529
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16419
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED PARTY LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED RENT
IRS990ScheduleD/OtherRevenueAmt07989
IRS990ScheduleD/RevenueNotReportedAmt015276
IRS990ScheduleD/RevenueSubtotalAmt0845592
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES NETTED TO REVENUE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES NETTED TO REVENUE $7,989 AND OTHER EXPENSE ADJUSTMENT $461
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2NEW HAVEN BALLET ASC TOPIC 740, WHERE INCOME TAX POSITIONS MUST MEET A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD. MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS TAKEN BY THE CORPORATION. TAX YEARS ENDED JUNE 30, 2015 THROUGH JUNE 30, 2018 REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Other revenues not included on Form 990 (Part XI, line 2d)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Other expenses not included on Form 990 (Part XII, line 2d)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Footnote for uncertain tax position under FIN 48 (Part X)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032858
IRS990ScheduleD/TotalBookValueOtherAssetsAmt08395
IRS990ScheduleD/TotalExpensesPerForm990Amt0703858
IRS990ScheduleD/TotalLiabilityAmt025119
IRS990ScheduleD/TotalRevenuePerForm990Amt0845592
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0860868
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0718602
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATORY POLICY SPECIFICALLY STATES THE ORGANIZATION IS TO ADMIT STUDENTS OF ANY AGE, RACE, COLOR, CREED OR NATIONAL ORIGIN TO ALL RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED AND MADE AVAILABLE TO SCHOOL STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of nondiscriminatory policy (Question 3)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED WITH VARIOUS BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REVIEWS AND APPROVES MANAGEMENT COMPENSATION. OTHER COMPENSATION IS REVIEWED AND APPROVED BY MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS AND APPROVES MANAGEMENT COMPENSATION. OTHER COMPENSATION IS REVIEWED AND APPROVED BY MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4General explanation attachment
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt097503
IRS990/TotalAssetsEOYAmt0111125
IRS990/TotalAssetsGrp/BOYAmt097503
IRS990/TotalAssetsGrp/EOYAmt0111125
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt077024
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt013911
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0105945
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0584002
IRS990/TotalFunctionalExpensesGrp/TotalAmt0703858
IRS990/TotalGrossUBIAmt010654
IRS990/TotalLiabilitiesBOYAmt0200253
IRS990/TotalLiabilitiesEOYAmt072069
IRS990/TotalLiabilitiesGrp/BOYAmt0200253
IRS990/TotalLiabilitiesGrp/EOYAmt072069
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-102750
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt039056
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0584002
IRS990/TotalProgramServiceRevenueAmt0755129
IRS990/TotalReportableCompFromOrgAmt064904
IRS990/TotalRevenueGrp/ExclusionAmt02785
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0755129
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0845592
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt010654
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt097503
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0111125
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.22$0.33$0.89$0.85$0.97$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.28$0.98$1.04$0.89$0.15
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.22$0.83$1.02$0.75$0.27
2021Detailed filing. Detailed filing data is available for this year.$0.75$0.19$0.56$0.66$0.46$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.12$0.38$1.07$0.76$0.31
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.06$0.06$0.80$0.77$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.07$0.04$0.85$0.70$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.07$0.04$0.85$0.70$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.10$0.20$0.10$0.75$0.87$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.08$0.01$0.88$0.91$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.06$0.04$0.84$0.87$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.05$0.07$0.80$0.88$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.06$0.15$0.77$0.89$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.04$0.27$0.77
2011Summary only. Only limited summary data is available for this year.$0.25$0.04$0.21$0.75$0.70$0.06