Civic Intelligence

Encinitas Ballet Academy and Arts Center

EIN 30-0734546 • 501(c)3 • Encinitas, CA

Profile

Providing educational public performing arts operates a teaching academy of ballet that delivers and promotes the highest standards of technique integrity and professionalism for young dancers while cultivating self-confidence style artistic expression and an appreciation and love of ballet We believe every child has talent and with nurturing and individualized attention will discover their hidden talents The Academy is committed to the production of professional ballet performances with the goal of developing dancer talent while increasing the publics appreciation of classical ballet Stages professional public ballet performances Offers educational outreach on classical ballet to public and private schools to increase community appreciation of ballet as an art form Grants ballet scholarships to students who lack the financial resources to attend an arts program

701 Garden View Ct23Encinitas, CA 92024

www.encinitasballet.com

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

47th percentile

0.2%

Higher net margin than 47% of similar nonprofits.

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

Top Officer Pay

94th percentile

$56,210

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 26.2% of source-year revenue.

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

Asset Growth

13th percentile

-82%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

44th percentile

-8.5%

Faster revenue growth than 44% of similar nonprofits.

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

Assets

Down

$402

Down $1,888 (-82%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$402

Down $1,888 (-82%) from 2023

Revenue

Down

$214,868

Down $19,868 (-8.5%) from 2023

Expenses

Down

$214,466

Down $17,980 (-7.7%) from 2023

Net Income

Down

$402

Down $1,888 (-82%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2021: $7,513Net Assets 2021: $7,5132021Assets 2022: $5,582Liabilities 2022: $0Net Assets 2022: $5,5822022Assets 2023: $2,290Liabilities 2023: $0Net Assets 2023: $2,2902023Assets 2024: $402Liabilities 2024: $0Net Assets 2024: $4022024

Highlighted filing

2024

Assets$402
Liabilities$0
Net Assets$402

Operations Trend

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

$300K$200K$100K$0Revenue 2021: $71,374Expenses 2021: $63,861Net Income 2021: $7,5132021Revenue 2022: $82,042Expenses 2022: $76,460Net Income 2022: $5,5822022Revenue 2023: $234,736Expenses 2023: $232,446Net Income 2023: $2,2902023Revenue 2024: $214,868Expenses 2024: $214,466Net Income 2024: $4022024

Highlighted filing

2024

Revenue$214,868
Expenses$214,466
Net Income$402

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$82,042
Mission and Program Overview

Mission

Provide educational public performing arts

Providing educational public performing arts operates a teaching academy of ballet that delivers and promotes the highest standards of technique integrity and professionalism for young dancers while cultivating self-confidence style artistic expression and an appreciation and love of ballet We believe every child has talent and with nurturing and individualized attention will discover their hidden talents The Academy is committed to the production of professional ballet performances with the goal of developing dancer talent while increasing the publics appreciation of classical ballet Stages professional public ballet performances Offers educational outreach on classical ballet to public and private schools to increase community appreciation of ballet as an art form Grants ballet scholarships to students who lack the financial resources to attend an arts program

Program Services

DescriptionGrantsExpenses
The Nutcracker Ballet in Escondido Encinitas Community Nutcracker Cinderella Ballet$30,000$35,000
48TH ANNUAL CARLSBAD VILLAGE STREET FAIRE Vista Strawberry Festival--
24th Encinitas Oktoberfest Festival Encinitas Holiday Street Fair Carlsbad Village Fair Montessori outreach school performance--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sayat AsatryanCEO Artistic DirectorFT$6,750-$6,750
Olga TchekachovaCFOPT$6,750-$6,750
Sergey SimavoryanSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Encinitas Ballet Academy and Arts Center
EIN
30-0734546
Phone
7606324947
Address
701 GARDEN VIEW CT23, Encinitas, CA 92024

Signing Officer

Name
Sayat Asatryan
Title
CEO Director Owner
Phone
7606324947
Signed
2023-11-15
Supplemental Narrative

Additional Explanations

Schedule O:

Part 1.16. Other expenses Theatre Production Lighting and Advertising $ 7,322.00 Air Ticket for guest dancers and teachers $ 1,868.00 Miscellaneous gift for students and events $ 236.00 Chamber membership fees $ 600.00 Government Fees $ 274.00 Refund Harlingen School District $ 1,042.00 Part 3 Received Californian Relief Program Grand $ 5000 California Perform Arts $25,000 The Nutcracker Ballet Escondido Encinitas Community Nutcracker Cinderella Compensation of Officers/Directors $ 11,000 Compensation of Staff / Guest Artists / 1099 NEC $ 14,830 Rent Facility and Insurance $ 33,208 Utilities $697 Supplies/Postage $ 4,852 Part 4 Sayat Asatryan Daily hours from 8 am-8 pm Monday to Saturday 10 hours Teaching, cleaning studio, marketing, combining music for the performance, office work, and volunteering for nonprofit organization Encinitas Friends of Arts. Sunday 2 hours teaching Average hours per week 50 hours. Monthly 200 hours. Payment for the Cinderella Ballet $5,500 Olga Tchekachova Payment Payment for the Nutcracker Ballet $5,000 22 hours per week Monday to Saturday Monthly 88 hours. For outreach programs and City Events, we donated our time.

Raw XML Appendix153 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part 1.16. Other expenses Theatre Production Lighting and Advertising $ 7,322.00 Air Ticket for guest dancers and teachers $ 1,868.00 Miscellaneous gift for students and events $ 236.00 Chamber membership fees $ 600.00 Government Fees $ 274.00 Refund Harlingen School District $ 1,042.00 Part 3 Received Californian Relief Program Grand $ 5000 California Perform Arts $25,000 The Nutcracker Ballet Escondido Encinitas Community Nutcracker Cinderella Compensation of Officers/Directors $ 11,000 Compensation of Staff / Guest Artists / 1099 NEC $ 14,830 Rent Facility and Insurance $ 33,208 Utilities $697 Supplies/Postage $ 4,852 Part 4 Sayat Asatryan Daily hours from 8 am-8 pm Monday to Saturday 10 hours Teaching, cleaning studio, marketing, combining music for the performance, office work, and volunteering for nonprofit organization Encinitas Friends of Arts. Sunday 2 hours teaching Average hours per week 50 hours. Monthly 200 hours. Payment for the Cinderella Ballet $5,500 Olga Tchekachova Payment Payment for the Nutcracker Ballet $5,000 22 hours per week Monday to Saturday Monthly 88 hours. For outreach programs and City Events, we donated our time.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.