Civic Intelligence

Morballet Inc.

990EZ • Fiscal year 2023 • EIN 47-1758099

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 28, 2024

9 Marianna DrHastings On Hudson, NY 10706

(203) 313-4300

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

0.00x

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Net Margin

55th percentile

7.7%

Higher net margin than 55% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$36,137

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 18.7% of source-year revenue.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Asset Growth

83rd percentile

47%

Faster asset growth than 83% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

78th percentile

60%

Faster revenue growth than 78% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$22,143

Up $7,109 (+47%) from 2022

Net Assets

Up

$22,143

Up $7,109 (+47%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$192,970

Up $72,053 (+60%) from 2022

Expenses

Up

$178,048

Up $32,956 (+23%) from 2022

Net Income

Up

$14,922

Up $39,097 (+162%) from 2022

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2018: $9,045Liabilities 2018: $1,649Net Assets 2018: $7,3962018Assets 2019: $2,716Liabilities 2019: $0Net Assets 2019: $2,7162019Assets 2020: $19,575Liabilities 2020: $0Net Assets 2020: $19,5752020Assets 2021: $30,426Liabilities 2021: $0Net Assets 2021: $30,4262021Assets 2022: $15,034Liabilities 2022: $0Net Assets 2022: $15,0342022Assets 2023: $22,143Liabilities 2023: $0Net Assets 2023: $22,1432023Assets 2024: $66,818Liabilities 2024: $36,150Net Assets 2024: $30,6682024

Highlighted filing

2023

Assets$22,143
Liabilities$0
Net Assets$22,143

Operations Trend

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

$400K$200K$0-$200KRevenue 2018: $54,428Expenses 2018: $73,508Net Income 2018: -$19,0802018Revenue 2019: $62,315Expenses 2019: $68,644Net Income 2019: -$6,3292019Revenue 2020: $40,450Expenses 2020: $23,591Net Income 2020: $16,8592020Revenue 2021: $69,561Expenses 2021: $49,889Net Income 2021: $19,6722021Revenue 2022: $120,917Expenses 2022: $145,092Net Income 2022: -$24,1752022Revenue 2023: $192,970Expenses 2023: $178,048Net Income 2023: $14,9222023Revenue 2024: $397,888Expenses 2024: $377,287Net Income 2024: $20,6012024

Highlighted filing

2023

Revenue$192,970
Expenses$178,048
Net Income$14,922
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 28, 2024
Return Version
2023v5.0
Gross Receipts
$192,970
Mission and Program Overview

Mission

To make ballet accessible to all

To embody excellence in the performing arts through the creation of new works, live performance, and outreach that empowers at risk youth.

Program Services

DescriptionGrantsExpenses
SPRING PERFORMANCES SEASON-$57,756
FALL PERFORMANCES SEASON-$56,526
STUDENT OUTREACH-$12,697
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MORGAN MCEWENPresidentFT$36,137-$36,137
ERIC FLEISCHMANTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Morballet Inc
EIN
47-1758099
Phone
2033134300
Address
9 MARIANNA DR, HASTINGS ON HUDSON, NY 10706

Signing Officer

Name
Morgan Mcewen
Title
President
Phone
2033134300
Signed
2024-04-28
Discuss with paid preparer
Yes

Preparer

Firm
Thorough Financial Services
Address
9711 WASHINGTON BLVD SUITE 550, GAITHERSBURG, MD 20878
Preparer
Joel Lee
Phone
2403451012
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising & marketing 4,733 fundraising expenses 1,182 meetings & entertainment 129 outreach expense 53 equipment rental 1,034 job supplies 52 office supplies & software 2,035 other business expenses 965 taxes & licenses 107 utilities 3 travel 686 sets 377 bank charges & fees 136 insurance 562 dance shoes 288 dancewear 1,610 speakers 200 wine 2,050 beer 750 t-shirts 500 event space 450 total 17,902

Form 990-ez, Part I, Line 20

Prior period adjustment -7,813

Form 990-ez, Part II, Line 24

Costumes 1,772 13,897 sets 0 377 total 1,772 14,274

Form 990-ez, Part III

To embody excellence in the performing arts through the creation of new works, live performance, and outreach that empowers at risk youth.

Raw XML Appendix150 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HASTINGS ON HUDSON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010706
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING & MARKETING 4,733 FUNDRAISING EXPENSES 1,182 MEETINGS & ENTERTAINMENT 129 OUTREACH EXPENSE 53 EQUIPMENT RENTAL 1,034 JOB SUPPLIES 52 OFFICE SUPPLIES & SOFTWARE 2,035 OTHER BUSINESS EXPENSES 965 TAXES & LICENSES 107 UTILITIES 3 TRAVEL 686 SETS 377 BANK CHARGES & FEES 136 INSURANCE 562 DANCE SHOES 288 DANCEWEAR 1,610 SPEAKERS 200 WINE 2,050 BEER 750 T-SHIRTS 500 EVENT SPACE 450 TOTAL 17,902
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR PERIOD ADJUSTMENT -7,813
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COSTUMES 1,772 13,897 SETS 0 377 TOTAL 1,772 14,274
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO EMBODY EXCELLENCE IN THE PERFORMING ARTS THROUGH THE CREATION OF NEW WORKS, LIVE PERFORMANCE, AND OUTREACH THAT EMPOWERS AT RISK YOUTH.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/EIN0471758099
ReturnHeader/Filer/PhoneNum02033134300
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOEL LEE
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ReturnHeader/ReturnTs02024-05-15T11:07:14-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MORGAN
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings