Civic Intelligence

Ballet Tech Foundation Inc.

990 • Fiscal year 2013 • EIN 13-2773475

Jul 01, 2012 to Jun 30, 2013 • Filed on May 05, 2014

Refreshing map…

890 BroadwayNew York, NY 10003
Siviq Scores

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

Liabilities / Assets

89th percentile

0.46x

Higher debt load relative to assets than 89% of similar nonprofits.

2013 filings • NTEE A • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

79th percentile

1.12x

Higher debt load relative to revenue than 79% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Net Margin

93rd percentile

59%

Higher net margin than 93% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

92nd percentile

32%

Faster asset growth than 92% of similar nonprofits.

2013 filings • NTEE A • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

96th percentile

174%

Faster revenue growth than 96% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Assets

Up

$17,010,046

Up $4,081,715 (+32%) from 2012

Net Assets

Up

$9,193,422

Up $4,070,869 (+79%) from 2012

Liabilities

Up

$7,816,624

Up $10,846 (+0.1%) from 2012

Revenue

Up

$6,956,439

Up $4,419,338 (+174%) from 2012

Expenses

Up

$2,883,410

Up $84,363 (+3.0%) from 2012

Net Income

Up

$4,073,029

Up $4,334,975 (+1655%) from 2012

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $13,222,608Liabilities 2011: $7,838,109Net Assets 2011: $5,384,4992011Assets 2012: $12,928,331Liabilities 2012: $7,805,778Net Assets 2012: $5,122,5532012Assets 2013: $17,010,046Liabilities 2013: $7,816,624Net Assets 2013: $9,193,4222013Assets 2014: $16,392,013Liabilities 2014: $7,620,827Net Assets 2014: $8,771,1862014Assets 2015: $16,328,144Liabilities 2015: $7,793,378Net Assets 2015: $8,534,7662015Assets 2016: $24,042,169Liabilities 2016: $142,255Net Assets 2016: $23,899,9142016Assets 2017: $24,032,019Liabilities 2017: $131,349Net Assets 2017: $23,900,6702017Assets 2018: $24,372,992Liabilities 2018: $376,939Net Assets 2018: $23,996,0532018Assets 2020: $29,063,373Liabilities 2020: $712,459Net Assets 2020: $28,350,9142020Assets 2021: $30,097,942Liabilities 2021: $338,111Net Assets 2021: $29,759,8312021Assets 2022: $31,444,283Liabilities 2022: $260,589Net Assets 2022: $31,183,6942022Assets 2023: $33,131,011Liabilities 2023: $601,414Net Assets 2023: $32,529,5972023Assets 2024: $33,573,763Liabilities 2024: $267,465Net Assets 2024: $33,306,2982024

Highlighted filing

2013

Assets$17,010,046
Liabilities$7,816,624
Net Assets$9,193,422

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $2,586,494Expenses 2011: $2,947,945Net Income 2011: -$361,4512011Revenue 2012: $2,537,101Expenses 2012: $2,799,047Net Income 2012: -$261,9462012Revenue 2013: $6,956,439Expenses 2013: $2,883,410Net Income 2013: $4,073,0292013Revenue 2014: $2,629,662Expenses 2014: $3,050,869Net Income 2014: -$421,2072014Revenue 2015: $2,931,551Expenses 2015: $3,173,197Net Income 2015: -$241,6462015Revenue 2016: $18,708,765Expenses 2016: $3,345,575Net Income 2016: $15,363,1902016Revenue 2017: $3,432,576Expenses 2017: $3,421,242Net Income 2017: $11,3342017Revenue 2018: $3,710,160Expenses 2018: $3,608,994Net Income 2018: $101,1662018Revenue 2020: $6,533,629Expenses 2020: $3,848,828Net Income 2020: $2,684,8012020Revenue 2021: $4,949,033Expenses 2021: $3,510,599Net Income 2021: $1,438,4342021Revenue 2022: $5,751,049Expenses 2022: $4,307,709Net Income 2022: $1,443,3402022Revenue 2023: $6,093,647Expenses 2023: $4,752,362Net Income 2023: $1,341,2852023Revenue 2024: $6,142,336Expenses 2024: $5,370,639Net Income 2024: $771,6972024

Highlighted filing

2013

Revenue$6,956,439
Expenses$2,883,410
Net Income$4,073,029
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 5, 2014
Return Version
2012v2.1
Gross Receipts
$8,035,596
Mission and Program Overview

Mission

Ballet tech foundation, inc. Is committed to introducing new york city public school children to the beauty, integrity, and joy of dance. Annually, we provide the rigorous dance training necessary to fulfill and nurture students' intrinsic dance talents, all tuition free. We are developing the dancers and leaders of tomorrow by offering young people, who reflect the rich diversity of our city, a world class dance education and enrichment that encompasses a wide variety of genres of movement and choreography, alongside an excellent academic education in collaboration with the nyc department of education.

Major Activities

Activity 2
Ballet tech school:the ballet tech school identifies talented children in the new york city public school system and provides them with tuition-free professional ballet training. The program has been recognized as a national model in arts education and several other cities have consulted with the organization on duplicating the program. During the 2012-13 school year, a total of 693 students were enrolled at the ballet tech school, representing schools from throughout new york city. 30,392 students from 189 schools were auditioned in fy13, bringing the cumulative total to 774,593 children auditioned since 1978.fy13 marked the seventeenth year of the on-site nyc public school created to provide the advanced students with a challenging academic curriculum alongside their intensive dance program. 156 students attended the academic program, which spans grades 4 through 8 and is a collaboration between ballet tech and the nyc department of education.
Filing and Contact Details

Filer

EIN
13-2773475
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IRS990/Activity2/Description0BALLET TECH SCHOOL:THE BALLET TECH SCHOOL IDENTIFIES TALENTED CHILDREN IN THE NEW YORK CITY PUBLIC SCHOOL SYSTEM AND PROVIDES THEM WITH TUITION-FREE PROFESSIONAL BALLET TRAINING. THE PROGRAM HAS BEEN RECOGNIZED AS A NATIONAL MODEL IN ARTS EDUCATION AND SEVERAL OTHER CITIES HAVE CONSULTED WITH THE ORGANIZATION ON DUPLICATING THE PROGRAM. DURING THE 2012-13 SCHOOL YEAR, A TOTAL OF 693 STUDENTS WERE ENROLLED AT THE BALLET TECH SCHOOL, REPRESENTING SCHOOLS FROM THROUGHOUT NEW YORK CITY. 30,392 STUDENTS FROM 189 SCHOOLS WERE AUDITIONED IN FY13, BRINGING THE CUMULATIVE TOTAL TO 774,593 CHILDREN AUDITIONED SINCE 1978.FY13 MARKED THE SEVENTEENTH YEAR OF THE ON-SITE NYC PUBLIC SCHOOL CREATED TO PROVIDE THE ADVANCED STUDENTS WITH A CHALLENGING ACADEMIC CURRICULUM ALONGSIDE THEIR INTENSIVE DANCE PROGRAM. 156 STUDENTS ATTENDED THE ACADEMIC PROGRAM, WHICH SPANS GRADES 4 THROUGH 8 AND IS A COLLABORATION BETWEEN BALLET TECH AND THE NYC DEPARTMENT OF EDUCATION.
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IRS990/ActivityOrMissionDescription0BALLET TECH FOUNDATION, INC. OPERATES A PROFESSIONAL BALLET COMPANY AND SCHOOL. IT PERFORMS THE BALLETS OF CHOREOGRAPHER ELIOT FELD AND OTHERS IN NEW YORK CITY AND ON TOUR DOMESTICALLY AND ABROAD. THE SCHOOL IDENTIFIES TALENTED CHILDREN IN THE NYC PUBLIC SCHOOL SYSTEM AND PROVIDES THEM WITH TUITION-FREE PROFESSIONAL BALLET TRAINING.
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IRS990/MissionDescription0BALLET TECH FOUNDATION INC. HAS AS ITS PURPOSE THE FURTHERANCE AND EVOLUTION OF CLASSICAL DANCE, AND WITH THAT, THE INVESTIGATION OF CHOREOGRAPHY AND DANCING AIMED TOWARDS CREATING A RICHER AND MORE AUTHENTIC AMERICAN BALLET MODE. COMPLEMENTING THIS, BALLET TECH IS COMMITTED TO INTRODUCING TENS OF THOUSANDS OF NEW YORK CITY PUBLIC SCHOOL CHILDREN TO THE BEAUTY AND RIGOR OF CLASSICAL DANCE AND PROVIDING THOSE MOST TALENTED WITH THE DANCE TRAINING NECESSARY TO FULFILL THEIR NATURAL GIFTS, TUITION FREE. BALLET TECH PLEDGES ITSELF TO THE DEVELOPMENT OF SUCCEEDING GENERATIONS OF BALLET DANCERS, WHOSE DIVERSITY REFLECTS THE FULL SPECTRUM OF THE AMERICAN COMMUNITY.
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IRS990/RelatedOrgControlledEntity01
IRS990/RentalIncomeOrLoss/Real014132
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities01
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest00
IRS990/RevenuesLessExpensesCY04073029
IRS990/RevenuesLessExpensesPriorYear0-261946
IRS990/SalariesEtcCurrentYear01476077
IRS990/SalariesEtcPriorYear01398210
IRS990/SavingsAndTempCashInvestments/BOY02056721
IRS990/SavingsAndTempCashInvestments/EOY05041677
IRS990ScheduleA/AmountsSubstContributorsTotal0680600
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear01268018
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year0892093
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years01072586
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years0942045
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0918142
IRS990ScheduleA/GiftsGrantsContribReceived170/Total05092884
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear017660
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year036181
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years093874
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years011464
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years0178126
IRS990ScheduleA/GrossInvestmentIncome170/Total0337305
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc07696369
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus2Years023983
IRS990ScheduleA/OtherIncome170/Total023983
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.80900
IRS990ScheduleA/PublicSupportPertcentPriorYear00.62160
IRS990ScheduleA/PublicSupportTotal17004412284
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear01268018
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year0892093
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years01072586
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years0942045
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0918142
IRS990ScheduleA/Total170/Total05092884
IRS990ScheduleA/TotalSupport05454172
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/Buildings/BookValue04853013
IRS990ScheduleD/Buildings/Depreciation06086811
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis010939824
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal02883410
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE ORGANIZATION HAS EVALUATED ALL INCOME TAX POSITIONS AND CONCLUDED THAT NO DISCLOSURES RELATING TO UNCERTAIN TAX POSITIONS ARE REQUIRED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART X, LINE 2:
IRS990ScheduleD/Land/BookValue02949673

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$33.6$0.27$33.3$6.14$5.37$0.77
2023Detailed filing. Detailed filing data is available for this year.$33.1$0.60$32.5$6.09$4.75$1.34
2022Detailed filing. Detailed filing data is available for this year.$31.4$0.26$31.2$5.75$4.31$1.44
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.1$0.34$29.8$4.95$3.51$1.44
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.1$0.71$28.4$6.53$3.85$2.68
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.4$0.38$24.0$3.71$3.61$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.0$0.13$23.9$3.43$3.42$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.0$0.14$23.9$18.7$3.35$15.4
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.3$7.79$8.53$2.93$3.17$0.24
2014Detailed filing. Detailed filing data is available for this year.$16.4$7.62$8.77$2.63$3.05$0.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$7.82$9.19$6.96$2.88$4.07
2012Summary only. Only limited summary data is available for this year.$12.9$7.81$5.12$2.54$2.80$0.26
2011Summary only. Only limited summary data is available for this year.$13.2$7.84$5.38$2.59$2.95$0.36