Civic Intelligence

Chattanooga Ballet Inc.

990 • Fiscal year 2020 • EIN 23-7247009

Jun 01, 2019 to May 31, 2020 • Filed on Nov 11, 2020

Organization ProfileCHATTBALLET.ORG

View Organization Page

PO Box 6175Chattanooga, TN 37401

(423) 265-0617

Siviq Scores

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

Liabilities / Assets

69th percentile

0.19x

Higher debt load relative to assets than 69% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.16x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

52nd percentile

7.1%

Higher net margin than 52% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

49th percentile

5.9%

Faster asset growth than 49% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

75th percentile

21%

Faster revenue growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$493,839

Up $27,677 (+5.9%) from 2019

Net Assets

Up

$397,711

Up $41,552 (+12%) from 2019

Liabilities

Down

$96,128

Down $13,875 (-13%) from 2019

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin52nd percentile

Revenue

Up

$588,369

Up $102,161 (+21%) from 2019

Expenses

Up

$546,817

Up $42,264 (+8.4%) from 2019

Net Income

Up

$41,552

Up $59,897 (+327%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$800K$600K$400K$200K$0Assets 2011: $538,346Liabilities 2011: $230,581Net Assets 2011: $307,7652011Assets 2012: $527,245Liabilities 2012: $212,984Net Assets 2012: $314,2612012Assets 2013: $520,783Liabilities 2013: $196,651Net Assets 2013: $324,1322013Assets 2014: $517,978Liabilities 2014: $179,674Net Assets 2014: $338,3042014Assets 2015: $513,941Liabilities 2015: $161,815Net Assets 2015: $352,1262015Assets 2016: $504,339Liabilities 2016: $142,903Net Assets 2016: $361,4362016Assets 2017: $493,501Liabilities 2017: $122,989Net Assets 2017: $370,5122017Assets 2018: $476,491Liabilities 2018: $101,987Net Assets 2018: $374,5042018Assets 2019: $466,162Liabilities 2019: $110,003Net Assets 2019: $356,1592019Assets 2020: $493,839Liabilities 2020: $96,128Net Assets 2020: $397,7112020Assets 2021: $484,198Liabilities 2021: $53,920Net Assets 2021: $430,2782021Assets 2022: $572,721Liabilities 2022: $19,590Net Assets 2022: $553,1312022Assets 2023: $636,243Liabilities 2023: $18,296Net Assets 2023: $617,9472023Assets 2024: $659,884Liabilities 2024: $27,085Net Assets 2024: $632,7992024Assets 2025: $704,194Liabilities 2025: $104,845Net Assets 2025: $599,3492025

Highlighted filing

2020

Assets$493,839
Liabilities$96,128
Net Assets$397,711
Open 2020 Filing

Operations Trend

Revenue Growth75th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $398,2552011Expenses 2012: $415,4082012Expenses 2013: $411,4742013Revenue 2014: $425,889Expenses 2014: $411,717Net Income 2014: $14,1722014Revenue 2015: $432,243Expenses 2015: $418,421Net Income 2015: $13,8222015Revenue 2016: $435,604Expenses 2016: $426,294Net Income 2016: $9,3102016Revenue 2017: $453,552Expenses 2017: $444,476Net Income 2017: $9,0762017Revenue 2018: $481,509Expenses 2018: $477,517Net Income 2018: $3,9922018Revenue 2019: $486,208Expenses 2019: $504,553Net Income 2019: -$18,3452019Revenue 2020: $588,369Expenses 2020: $546,817Net Income 2020: $41,5522020Revenue 2021: $484,517Expenses 2021: $451,950Net Income 2021: $32,5672021Revenue 2022: $813,307Expenses 2022: $690,454Net Income 2022: $122,8532022Revenue 2023: $1,013,850Expenses 2023: $949,034Net Income 2023: $64,8162023Revenue 2024: $1,036,104Expenses 2024: $1,021,252Net Income 2024: $14,8522024Revenue 2025: $1,151,928Expenses 2025: $1,185,378Net Income 2025: -$33,4502025

Highlighted filing

2020

Revenue$588,369
Expenses$546,817
Net Income$41,552
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$588,369
Mission and Program Overview

Mission

To provide quality dance performances and education to people of all ages

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$360,157$347,898▼ $12,259
Savings and Temporary Cash Investments$32,124$141,227▲ $109,103
Accounts Receivable$18,705$0▼ $18,705
Cash and Non-Interest-Bearing Accounts$52,344$3,114▼ $49,230
Total Assets$466,162$493,839▲ $27,677
Other Assets Total$2,832$1,600▼ $1,232
Liabilities
Mortgage Notes Payable Secured by Investment Property$77,835$55,516▼ $22,319
Other Liabilities$26,170$39,028▲ $12,858
Accounts Payable and Accrued Expenses$5,998$1,584▼ $4,414
Total Liabilities$110,003$96,128▼ $13,875
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$356,159$396,301▲ $40,142
Net Assets With Donor Restrictions-$1,410-
Total Net Assets Fund Balance$356,159$397,711▲ $41,552
Total Liabilities and Net Assets / Fund Balance$466,162$493,839▲ $27,677

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$234,963$117,991$352,954
Leasehold Improvements$106,449$66,148$172,597
Equipment$6,486$45,392$51,878
Compensation and Service Providers
Top Officer Pay51st percentile

Board Members and Trustees

NameTitle
Meg KramerChair
Sonia YoungPresident Emeritus
Deanna Gardenhire BrownVice Chair
Ali RobinsonBoard Member
Andrew FarrellBoard Member
Betsy KramerBoard Member
Danny FellBoard Member
Ellyn BrooksBoard Member
Karen ErwinBoard Member
Leonard MurrayBoard Member
Lilas Taslimi CallBoard Member
Natalie RothwellBoard Member
Robin MorrisonBoard Member
Brooke MooreSecretary
Barbara LordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$135,927
Program Service Revenue
$449,242
Investment Income
$44
Other Revenue
$3,156
All Other Contributions
$38,705
Change in Net Assets
$41,552

Audited Revenue Reconciliation

Revenue per Audited Statements
$588,369
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$588,369
Total Revenue per Form 990
$588,369
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$304,644
Other Expenses$242,173
Total Fundraising Expense$28,881
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$203,247$10,697-$213,944
Current Officers, Directors, Trustees, and Key Employees$20,739$34,567$13,827$69,133
Occupancy$17,170$5,723-$22,893
Payroll Taxes$17,065$3,449$1,053$21,567
Depreciation Depletion$13,055$4,352-$17,407
Insurance$7,429$2,476-$9,905
Fees for Services Accounting$6,456$2,767-$9,223
Office Expenses$5,345$2,291-$7,636
Interest$2,778$926-$3,704
Advertising$2,989--$2,989
Other Expenses$1,333$1,093$14,001$1,333
Fees for Services Other$700$300-$1,000
Travel-$61-$61
Total Functional Expenses$449,234$68,702$28,881$546,817

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$546,817
Total Expenses per Audited Statements$546,817
Total Expenses per Form 990$546,817
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,156
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Nutcracker Donations$20,361$3,156-$3,156
Total Events$20,361$3,156-$3,156
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long-term Debt$32,326
Payroll Taxes Payable$6,702
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
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, Section B, Line 11B

“The 990 is provided to officers of the board and then voted on for approval. Once approved the 990 is filed with reporting authorities.”

Form 990, Part VI, Section B, Line 15

“The executive director is reviewed by the executive committee in april of each year. Factors that are incorporated into executive director compensation include the following: 1) length of employment 2) size of annual operating budget 3) comparison of executive salaries to similar performing arts organizations in the region 4) review of performance throughout the past fiscal year”

Form 990, Part VI, Section C, Line 19

“Available only upon request.”

Filing and Contact Details

Filer

Filer Name
The Chattanooga Ballet
EIN
23-7247009
Phone
4232650617
Address
PO BOX 6175, CHATTANOOGA, TN 37401

Signing Officer

Name
John Farrimond
Title
Executive Director
Phone
4232650617
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Farrimond
Formed
1975
Legal Domicile
Tn
Voting Board Members
18
Independent Board Members
18
Employees
16
Volunteers
123

Preparer

Firm
Henderson Hutcherson & Mccullough Pllc
Address
1200 MARKET STREET, CHATTANOOGA, TN 37402
Preparer
Kim Huskey CPA
Phone
4237567771
Supplemental Narrative

Additional Explanations

PART XII LINE 2C:

“No changes from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The ballet follows the accounting guidance for uncertainty in income taxes using the provisions of fasb asc topic 740, income taxes. The ballet has concluded that there are no significant uncertain tax positions requiring disclosure, and there are no material amounts of unrecognized tax benefits. The ballet's evaluation was performed for tax years ended may 31, 2017 through may 31, 2020, the years that remain subject to examination by major tax jurisdictions as of may 31, 2020.”

Raw XML AppendixShowing 400 of 510 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.

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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0347898
IRS990/LandBldgEquipCostOrOtherBssAmt0577429
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE QUALITY DANCE PERFORMANCES AND EDUCATION TO PEOPLE OF ALL AGES
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt077835
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt055516
IRS990/NetAssetsOrFundBalancesBOYAmt0356159
IRS990/NetAssetsOrFundBalancesEOYAmt0397711
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt03156
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt03156
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0356159
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0396301
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05723
IRS990/OccupancyGrp/ProgramServicesAmt017170
IRS990/OccupancyGrp/TotalAmt022893
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02291
IRS990/OfficeExpensesGrp/ProgramServicesAmt05345
IRS990/OfficeExpensesGrp/TotalAmt07636
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02832
IRS990/OtherAssetsTotalGrp/EOYAmt01600
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PERFORMANCE EXPENSES
IRS990/OtherExpensesGrp/Desc1FUNDRAISING EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc3STUDIO RENTAL
IRS990/OtherExpensesGrp/FundraisingAmt014001
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11093
IRS990/OtherExpensesGrp/ProgramServicesAmt0148379
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt22549
IRS990/OtherExpensesGrp/ProgramServicesAmt31333
IRS990/OtherExpensesGrp/TotalAmt0148379
IRS990/OtherExpensesGrp/TotalAmt114001
IRS990/OtherExpensesGrp/TotalAmt23642
IRS990/OtherExpensesGrp/TotalAmt31333
IRS990/OtherLiabilitiesGrp/BOYAmt026170
IRS990/OtherLiabilitiesGrp/EOYAmt039028
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010697
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0203247
IRS990/OtherSalariesAndWagesGrp/TotalAmt0213944
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01053
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03449
IRS990/PayrollTaxesGrp/ProgramServicesAmt017065
IRS990/PayrollTaxesGrp/TotalAmt021567
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN FARRIMOND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711120
IRS990/ProgramServiceRevenueGrp/Desc0BALLET INSTRUCTION & P
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0449242
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0449242
IRS990/ProgSrvcAccomActy2Grp/Desc0PERFORMANCE OF BALLET FOR THE PUBLIC; APPROXIMATELY 12,000 PEOPLE ATTENDED THE BALLET PERFORMANCES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0157704
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0246732
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER INCOME AND EXPENSES RELATED TO ORGANIZATION SUCH AS FUNDRAISING REVENUE AND ADMINISTRATIVE EXPENSES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt077586
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt021861
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0146528
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0251
IRS990/PYOtherExpensesAmt0233190
IRS990/PYOtherRevenueAmt0-567
IRS990/PYProgramServiceRevenueAmt0339996
IRS990/PYRevenuesLessExpensesAmt0-18345
IRS990/PYSalariesCompEmpBnftPaidAmt0271363
IRS990/PYTotalExpensesAmt0504553
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0486208
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt041552
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0180649
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032124
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0141227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0135927
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0146528
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0151679
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0167365
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0155953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0757452
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0251
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0206
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0202
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0244
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0947
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01654211
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0979
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0-567
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt08182
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08594
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83680
IRS990ScheduleA/PublicSupportPY170Pct00.99620
IRS990ScheduleA/PublicSupportTotal170Amt0641817
IRS990ScheduleA/SubstantialContributorsTotAmt0115635
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0135927
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0146528
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0151679
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0167365
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0155953
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0757452
IRS990ScheduleA/TotalSupportAmt0766993
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0234963
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0117991
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0352954
IRS990ScheduleD/EquipmentGrp/BookValueAmt06486
IRS990ScheduleD/EquipmentGrp/DepreciationAmt045392
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt051878
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0546817
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0106449
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt066148
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0172597
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06702
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt132326
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LONG-TERM DEBT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0588369
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BALLET FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES. THE BALLET HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE, AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS. THE BALLET'S EVALUATION WAS PERFORMED FOR TAX YEARS ENDED MAY 31, 2017 THROUGH MAY 31, 2020, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF MAY 31, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0347898
IRS990ScheduleD/TotalExpensesPerForm990Amt0546817
IRS990ScheduleD/TotalLiabilityAmt039028
IRS990ScheduleD/TotalRevenuePerForm990Amt0588369
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0588369
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0546817
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt017205

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$493,839
Liabilities
$96,128
Net assets
$397,711
Revenue
$588,369
Expenses
$546,817
Net income
$41,552
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.70$0.10$0.60$1.15$1.19$0.03
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.03$0.63$1.04$1.02$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.64$0.02$0.62$1.01$0.95$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.57$0.02$0.55$0.81$0.69$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.05$0.43$0.48$0.45$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.49$0.10$0.40$0.59$0.55$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.11$0.36$0.49$0.50$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.10$0.37$0.48$0.48$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.12$0.37$0.45$0.44$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.14$0.36$0.44$0.43$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.16$0.35$0.43$0.42$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.18$0.34$0.43$0.41$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.20$0.32$0.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.21$0.31$0.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.23$0.31$0.40