Civic Intelligence

Rockbridge Ballet

990 • Fiscal year 2016 • EIN 77-0622087

Jul 01, 2015 to Jun 30, 2016 • Filed on Aug 05, 2016

P O Box 150Lexington, VA 24450

(540) 463-3436

Siviq Scores

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

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

95th percentile

$61,042

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 20.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

93rd percentile

129%

Faster asset growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

72nd percentile

19%

Faster revenue growth than 72% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$91,636

Up $51,690 (+129%) from 2015

Net Assets

Up

$89,340

Up $51,217 (+134%) from 2015

Liabilities

Up

$2,296

Up $473 (+26%) from 2015

Revenue

Up

$305,953

Up $49,436 (+19%) from 2015

Expenses

Up

$254,263

Up $5,066 (+2.0%) from 2015

Net Income

Up

$51,690

Up $44,370 (+606%) from 2015

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $7,780Liabilities 2011: $02011Assets 2012: $25,068Liabilities 2012: $0Net Assets 2012: $25,0682012Assets 2013: $23,165Liabilities 2013: $18Net Assets 2013: $23,1472013Assets 2014: $32,626Liabilities 2014: $0Net Assets 2014: $32,6262014Assets 2015: $39,946Liabilities 2015: $1,823Net Assets 2015: $38,1232015Assets 2016: $91,636Liabilities 2016: $2,296Net Assets 2016: $89,3402016Assets 2017: $85,062Liabilities 2017: $2,468Net Assets 2017: $82,5942017Assets 2018: $74,084Liabilities 2018: $2,353Net Assets 2018: $71,7312018Assets 2019: $58,538Liabilities 2019: $3,591Net Assets 2019: $54,9472019Assets 2020: $40,436Liabilities 2020: $23,923Net Assets 2020: $16,5132020Assets 2021: $96,628Liabilities 2021: $2,118Net Assets 2021: $94,5102021Assets 2022: $105,555Liabilities 2022: $3,847Net Assets 2022: $101,7082022Assets 2023: $130,444Liabilities 2023: $5,525Net Assets 2023: $124,9192023Assets 2024: $140,175Liabilities 2024: $3,088Net Assets 2024: $137,0872024

Highlighted filing

2016

Assets$91,636
Liabilities$2,296
Net Assets$89,340

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $137,688Expenses 2011: $145,262Net Income 2011: -$7,5742011Revenue 2012: $198,106Expenses 2012: $180,818Net Income 2012: $17,2882012Expenses 2013: $192,6412013Revenue 2014: $241,069Expenses 2014: $231,590Net Income 2014: $9,4792014Revenue 2015: $256,517Expenses 2015: $249,197Net Income 2015: $7,3202015Revenue 2016: $305,953Expenses 2016: $254,263Net Income 2016: $51,6902016Revenue 2017: $259,761Expenses 2017: $266,335Net Income 2017: -$6,5742017Revenue 2018: $268,153Expenses 2018: $279,131Net Income 2018: -$10,9782018Revenue 2019: $254,409Expenses 2019: $271,440Net Income 2019: -$17,0312019Revenue 2020: $209,284Expenses 2020: $247,700Net Income 2020: -$38,4162020Revenue 2021: $310,879Expenses 2021: $232,887Net Income 2021: $77,9922021Revenue 2022: $264,610Expenses 2022: $255,683Net Income 2022: $8,9272022Revenue 2023: $350,744Expenses 2023: $325,855Net Income 2023: $24,8892023Revenue 2024: $361,739Expenses 2024: $352,008Net Income 2024: $9,7312024

Highlighted filing

2016

Revenue$305,953
Expenses$254,263
Net Income$51,690
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Aug 5, 2016
Return Version
2015v2.1
Gross Receipts
$326,215
Mission and Program Overview

Mission

Rockbridge ballet's mission is to 1) provide an opportunity for intermediate and advanced youth dancers in the community to develop to their highest potential in classical and contemporary dance through performance, 2) foster public appreciation of dance concerts that aspire to pre-professional standards and entertain the public with a variety of dance styles and 3) be a dance resource to the community. Its goal is to nurture promising young dancers through performance, production and teaching.

Rockbridge ballet's mission is described on schedule o. Rockbridge ballet provides the intermediate and advanced youth dancers in the rockbridge county community with the opportunity to train, rehearse and perform for the general public in its two annual dance concerts. Rockbridge ballet also provides dance instruction to its company members as well as other youth in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$25,502$78,439▲ $52,937
Land, Buildings, and Equipment, Net$14,444$13,197▼ $1,247
Total Assets$39,946$91,636▲ $51,690
Liabilities
Other Liabilities$1,823$2,296▲ $473
Total Liabilities$1,823$2,296▲ $473
Net Assets / Fund Balance
Unrestricted Net Assets$38,123$89,340▲ $51,217
Total Net Assets Fund Balance$38,123$89,340▲ $51,217
Total Liabilities and Net Assets / Fund Balance$39,946$91,636▲ $51,690

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,659$5,065$11,724
Equipment$2,640$4,286$6,926
Leasehold Improvements$3,898$875$4,773
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jessica MartinExecutive & Artistic DirecFT$61,042$61,042

Board Members and Trustees

NameTitle
Joellyn SchwarzmannPresident
Stacy HamiltonVice President
Amy AllenDirector
George PiegariDirector
Richard HastingsDirector
Sharon GristDirector
Sonja CashDirector
Julie TisoneSecretary
Tracy KielyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$38,092
Program Service Revenue
$247,368
Investment Income
$0
Other Revenue
$20,493
All Other Contributions
$24,947
Change in Net Assets
$51,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$130,296
Salaries, Compensation, and Employee Benefits$123,967
Total Fundraising Expense$4,555
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$74,365$3,524-$77,889
Current Officers, Directors, Trustees, and Key Employees$61,042--$61,042
Other Salaries and Wages$44,604$9,360-$53,964
Fees for Services Other$17,662--$17,662
Payroll Taxes$8,175$786-$8,961
Advertising$7,255-$289$7,544
Office Expenses-$3,070$3,191$6,261
Depreciation Depletion$3,793--$3,793
Information Technology-$1,978-$1,978
Insurance$1,710--$1,710
Fees for Services Accounting-$715-$715
Other Expenses$348$2,000$1,075$348
Total Functional Expenses$223,108$26,600$4,555$254,263
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,865
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$2,296
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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 11

Form 990 is reviewed by the president.

Form 990, Part VI, Section C, Line 18

Form 990 is available for public inspection at www.guidestar.org. It will be made available by the organization in hard copy on request.

Form 990, Part VI, Section C, Line 19

Rockbridge ballet will make its governing documents available to the public public in hard copy when requests are received.

Filing and Contact Details

Filer

Filer Name
Rockbridge Ballet
EIN
77-0622087
Phone
5404633436
Address
P O BOX 150, LEXINGTON, VA 24450

Signing Officer

Name
Joellyn Schwarzmann
Title
President
Phone
5404633436
Signed
2016-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joellyn Schwarzmann
Formed
2003
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Raetz & Hawkins Pc Cpas
Address
128 SOUTH RANDOLPH STREET, LEXINGTON, VA 24450-0916
Preparer
David B Hawkins
Phone
5404637121
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Ending payroll tax liability -2,296. Beginning payroll tax liability 1,823.

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IRS990/MissionDesc0ROCKBRIDGE BALLET'S MISSION IS TO 1) PROVIDE AN OPPORTUNITY FOR INTERMEDIATE AND ADVANCED YOUTH DANCERS IN THE COMMUNITY TO DEVELOP TO THEIR HIGHEST POTENTIAL IN CLASSICAL AND CONTEMPORARY DANCE THROUGH PERFORMANCE, 2) FOSTER PUBLIC APPRECIATION OF DANCE CONCERTS THAT ASPIRE TO PRE-PROFESSIONAL STANDARDS AND ENTERTAIN THE PUBLIC WITH A VARIETY OF DANCE STYLES AND 3) BE A DANCE RESOURCE TO THE COMMUNITY. ITS GOAL IS TO NURTURE PROMISING YOUNG DANCERS THROUGH PERFORMANCE, PRODUCTION AND TEACHING.
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IRS990/ProgSrvcAccomActy2Grp/Desc0ROCKBRIDGE BALLET PROVIDES DANCE INSTRUCTION TO THE COMPANY DANCERS AS WELL AS YOUTH OF THE COMMUNITY. DANCE INSTRUCTION PREPARES THE MEMBERS OF THE COMPANY FOR THEIR BEST PERFORMANCES. DANCE INSTRUCTION PREPARES THE YOUTH OF THE COMMUNITY TO AUDITION FOR THE COMPANY. IT ALSO FURTHERS THE ROCKBRIDGE BALLET MISSION TO FOSTER AN APPRECIATION OF DANCE IN THE COMMUNITY.
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IRS990/PYGrantsAndSimilarPaidAmt010545
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0126956
IRS990/PYOtherRevenueAmt018235
IRS990/PYProgramServiceRevenueAmt0204258
IRS990/PYRevenuesLessExpensesAmt07320
IRS990/PYSalariesCompEmpBnftPaidAmt0111696
IRS990/PYTotalExpensesAmt0249197
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0256517
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt051690
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt031895
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0475
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0475
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt038092
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt034024
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt026945
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt014677
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07305
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IRS990ScheduleA/TotalSupportAmt0122264
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02640
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04286
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06926
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03898
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0875
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04773
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06659
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05065
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011724
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02296
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013197
IRS990ScheduleD/TotalLiabilityAmt02296
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AT WWW.GUIDESTAR.ORG. IT WILL BE MADE AVAILABLE BY THE ORGANIZATION IN HARD COPY ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROCKBRIDGE BALLET WILL MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC PUBLIC IN HARD COPY WHEN REQUESTS ARE RECEIVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ENDING PAYROLL TAX LIABILITY -2,296. BEGINNING PAYROLL TAX LIABILITY 1,823.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalProgramServiceRevenueAmt0247368
IRS990/TotalReportableCompFromOrgAmt061042
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0260775
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IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt038123
IRS990/UnrestrictedNetAssetsGrp/EOYAmt089340
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0LEXINGTON
IRS990/USAddress/StateAbbreviationCd0VA
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IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.ROCKBRIDGEBALLET.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOELLYN SCHWARZMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05404633436
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROCKBRIDGE BALLET
ReturnHeader/Filer/BusinessNameControlTxt0ROCK
ReturnHeader/Filer/EIN0770622087
ReturnHeader/Filer/PhoneNum05404633436
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024450
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541298267
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RAETZ & HAWKINS PC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0128 SOUTH RANDOLPH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEXINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0244500916
ReturnHeader/PreparerPersonGrp/PhoneNum05404637121
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID B HAWKINS
ReturnHeader/ReturnTs02016-08-05T11:01:20-05:00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.40$0.03$1.37$3.62$3.52$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.30$0.06$1.25$3.51$3.26$0.25
2022Detailed filing. Detailed filing data is available for this year.$1.06$0.04$1.02$2.65$2.56$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.97$0.02$0.95$3.11$2.33$0.78
2020Detailed filing. Detailed filing data is available for this year.$0.40$0.24$0.17$2.09$2.48$0.38
2019Detailed filing. Detailed filing data is available for this year.$0.59$0.04$0.55$2.54$2.71$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.74$0.02$0.72$2.68$2.79$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.02$0.83$2.60$2.66$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.92$0.02$0.89$3.06$2.54$0.52
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.02$0.38$2.57$2.49$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$2.41$2.32$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.00$0.23$1.93
2012Summary only. Only limited summary data is available for this year.$0.25$0.00$0.25$1.98$1.81$0.17
2011Summary only. Only limited summary data is available for this year.$0.08$0.00$1.38$1.45$0.08