Civic Intelligence

New Orleans Ballet Association

EIN 23-7122403 • 501(c)3 • New Orleans, LA

Profile

New Orleans Ballet Association (NOBA)'s internationally recognized award-winning service programs provide accessible, inclusive, comprehensive, quality arts instruction and performace opportunities for individuals 3-80+ with over 3,000 dance, arts movement and health/wellness classes.

935 Gravier StreetNew Orleans, LA 70112

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

48th percentile

0.06x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.12x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

46th percentile

2.7%

Higher net margin than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

45th percentile

2.1%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

29th percentile

-3.7%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$4,355,066

Up $195,362 (+4.7%) from 2023

Liabilities

Up

$246,292

Up $137,994 (+127%) from 2023

Net Assets

Up

$4,108,774

Up $57,368 (+1.4%) from 2023

Revenue

Down

$2,122,962

Down $69,702 (-3.2%) from 2023

Expenses

Down

$2,065,594

Down $118,528 (-5.4%) from 2023

Net Income

Up

$57,368

Up $48,826 (+572%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $1,636,426Liabilities 2010: $765,668Net Assets 2010: $870,7582010Assets 2012: $1,716,809Liabilities 2012: $713,273Net Assets 2012: $1,003,5362012Assets 2013: $3,432,307Liabilities 2013: $1,947,190Net Assets 2013: $1,485,1172013Assets 2014: $3,833,146Liabilities 2014: $1,287,453Net Assets 2014: $2,545,6932014Assets 2015: $3,476,698Liabilities 2015: $258,093Net Assets 2015: $3,218,6052015Assets 2016: $3,615,244Liabilities 2016: $428,055Net Assets 2016: $3,187,1892016Assets 2017: $3,585,086Liabilities 2017: $394,714Net Assets 2017: $3,190,3722017Assets 2018: $3,391,525Liabilities 2018: $226,926Net Assets 2018: $3,164,5992018Assets 2019: $3,519,444Liabilities 2019: $335,016Net Assets 2019: $3,184,4282019Assets 2020: $3,631,287Liabilities 2020: $283,546Net Assets 2020: $3,347,7412020Assets 2021: $4,025,967Liabilities 2021: $324,524Net Assets 2021: $3,701,4432021Assets 2022: $4,179,285Liabilities 2022: $136,421Net Assets 2022: $4,042,8642022Assets 2023: $4,159,704Liabilities 2023: $108,298Net Assets 2023: $4,051,4062023Assets 2024: $4,355,066Liabilities 2024: $246,292Net Assets 2024: $4,108,7742024

Highlighted filing

2024

Assets$4,355,066
Liabilities$246,292
Net Assets$4,108,774

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,781,4912010Expenses 2012: $1,761,8322012Expenses 2013: $2,030,2802013Revenue 2014: $3,419,099Expenses 2014: $2,358,523Net Income 2014: $1,060,5762014Revenue 2015: $2,501,875Expenses 2015: $2,120,845Net Income 2015: $381,0302015Revenue 2016: $2,038,178Expenses 2016: $2,069,594Net Income 2016: -$31,4162016Revenue 2017: $1,597,422Expenses 2017: $1,594,263Net Income 2017: $3,1592017Revenue 2018: $1,810,828Expenses 2018: $1,844,458Net Income 2018: -$33,6302018Revenue 2019: $1,996,282Expenses 2019: $1,993,279Net Income 2019: $3,0032019Revenue 2020: $2,010,051Expenses 2020: $1,846,726Net Income 2020: $163,3252020Revenue 2021: $1,070,022Expenses 2021: $716,312Net Income 2021: $353,7102021Revenue 2022: $2,290,837Expenses 2022: $2,108,436Net Income 2022: $182,4012022Revenue 2023: $2,192,664Expenses 2023: $2,184,122Net Income 2023: $8,5422023Revenue 2024: $2,122,962Expenses 2024: $2,065,594Net Income 2024: $57,3682024

Highlighted filing

2024

Revenue$2,122,962
Expenses$2,065,594
Net Income$57,368

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.36$0.25$4.11$2.12$2.07$0.06
2023Detailed filing. Detailed filing data is available for this year.$4.16$0.11$4.05$2.19$2.18$0.01
2022Detailed filing. Detailed filing data is available for this year.$4.18$0.14$4.04$2.29$2.11$0.18
2021Detailed filing. Detailed filing data is available for this year.$4.03$0.32$3.70$1.07$0.72$0.35
2020Detailed filing. Detailed filing data is available for this year.$3.63$0.28$3.35$2.01$1.85$0.16
2019Detailed filing. Detailed filing data is available for this year.$3.52$0.34$3.18$2.00$1.99$0.00
2018Detailed filing. Detailed filing data is available for this year.$3.39$0.23$3.16$1.81$1.84$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.59$0.39$3.19$1.60$1.59$0.00
2016Detailed filing. Detailed filing data is available for this year.$3.62$0.43$3.19$2.04$2.07$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.48$0.26$3.22$2.50$2.12$0.38
2014Detailed filing. Detailed filing data is available for this year.$3.83$1.29$2.55$3.42$2.36$1.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.43$1.95$1.49$2.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.71$1.00$1.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.77$0.87$1.78
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$2,319,130
Mission and Program Overview

Mission

Incorporated in 1969, "noba" has been serving and helping to advance the dance field for more than 40 years

New Orleans Ballet Association (NOBA)s internationally recognized award-winning service programs provide accessible, inclusive, comprehensive, quality arts instruction and performace opportunities for individuals 3-80+ with over 3,000 dance, arts movement and health/wellness classes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$1,779,002-
Cash and Non-Interest-Bearing Accounts$2,958,869$1,275,553▼ $1,683,316
Land, Buildings, and Equipment, Net$663,333$663,333→ $0
Accounts Receivable$84,094$125,722▲ $41,628
Prepaid Expenses and Deferred Charges$3,658$11,947▲ $8,289
Total Assets$4,159,704$4,355,066▲ $195,362
Other Assets Total$449,750$499,509▲ $49,759
Liabilities
Deferred Revenue$80,235$192,964▲ $112,729
Accounts Payable and Accrued Expenses$28,063$53,328▲ $25,265
Total Liabilities$108,298$246,292▲ $137,994
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,526,256$2,470,211▼ $56,045
Net Assets With Donor Restrictions$1,525,150$1,638,563▲ $113,413
Total Net Assets Fund Balance$4,051,406$4,108,774▲ $57,368
Total Liabilities and Net Assets / Fund Balance$4,159,704$4,355,066▲ $195,362

Asset Categories

AssetBook ValueDepreciationBasis
Land$663,333--
Other Assets Org$1,400--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$448,350-▲ $49,759-$498,109
2022$416,537-▲ $31,813-$448,350
2021$456,606-▼ $40,069-$416,537
2020$364,955-▲ $91,651-$456,606
2019$360,014-▲ $4,941-$364,955
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gregory CurtisBoard Chair
Dottie BellettoImmediate Past Board Chair
Chad BergVice Chair-Board Development
Cynthia LeBretonVice Chair-Fundraising
Monique Gougisha DoucetteVice Chair-Governance
Ann DuplessisDirector
Camille PattiDirector
Charlotte BollingerDirector
Constance WillemsDirector
Elizabeth Ellison-FrostDirector
Guy P BrierreDirector
Henry M LambertDirector
Holly S PophamDirector
Jacquee CarvinDirector
John M DuckDirector
Laurie GuimontDirector
Marilyn H SmithDirector
Mary LakeyDirector
Max MorenoDirector
Pamela WilliamsDirector
Rosalyn DittaDirector
Sandra ChaissonDirector
Stephanie BurksDirector
Steven A FriedmanDirector
Teresa GuzzettaDirector
Terry DuFreneDirector
Tiffa BoutteDirector
Toni Van ZandtDirector
Willis A LovellDirector
Cathy M GreenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,034,835
Program Service Revenue
$679,957
Investment Income
$149,340
Other Revenue
$258,830
All Other Contributions
$846,148
Change in Net Assets
$57,368

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$106,543Sales Price
Other Non Cash Contri Table$62,231Sales Price
Total Noncash Contributions$168,774-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,571,074
Salaries, Compensation, and Employee Benefits$494,520
Total Fundraising Expense$69,227
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$300,757$32,612$28,989$362,358
All Other Expenses$193,593$2,611$19,705$215,909
Travel$113,356$3,083$0$116,439
Advertising$104,909$0$38$104,947
Other Employee Benefits$81,233$8,808$7,830$97,871
Other Expenses$86,753$0$0$86,753
Occupancy$82,073$4,095$0$86,168
Payroll Taxes$28,462$3,086$2,743$34,291
Insurance$12,177$12,424$0$24,601
Total Functional Expenses$1,920,242$76,125$69,227$2,065,594
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$437,926
Fundraising Direct Expenses$196,168
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$306,088$230,882$32,728$198,154
Luncheon$212,044$207,044$20,547$186,497
Total Events$518,132$437,926$196,168$241,758
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
New Orleans Ballet Association
EIN
23-7122403
Phone
5045220996
Address
935 Gravier Street, New Orleans, LA 70112

Signing Officer

Name
Jenny Hamilton
Title
Executive Director
Phone
5045220996
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1969
Legal Domicile
La
Voting Board Members
30
Independent Board Members
30
Employees
39
Volunteers
300

Preparer

Firm
Ready CPA
Address
900 Camp St Suite 452, New Orleans, LA 70130
Preparer
Aaron Ready
Phone
5045985253
Supplemental Narrative

Additional Explanations

Pt VI, Line 1A

All board members are volunteers and non-compensated

Pt VI, Line 11B

Form 990 is reviewed by Executive Director and Boards Finance Committee

Pt VI, Line 12C

Annually, all board members & employees complete a conflict of interest form for submission to board president

Pt VI, Line 15A

All key officers salaries are reviewed & approved by the independent board of directors

Pt VI, Line 15B

Same as above 15a

Form 990, Part IX, Line 24E

Credit Card Fees 18520. 17768. 31. 721.

Form 990, Part IX, Line 24E

Parking 15405. 15315. 53. 37.

Form 990, Part IX, Line 24E

Costumes and Sets 13915. 13341. 574. 0.

Form 990, Part IX, Line 24E

Development 217. 0. 0. 217.

Form 990, Part IX, Line 24E

Printing 22329. 22002. 0. 327.

Form 990, Part IX, Line 24E

Postage 9374. 9229. 128. 17.

Form 990, Part IX, Line 24E

Miscellaneous 38455. 36359. 1825. 271.

Form 990, Part IX, Line 24E

Equipment Rental 71068. 71068. 0. 0.

Form 990, Part IX, Line 24E

Hospitality 26626. 8511. 0. 18115.

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