Civic Intelligence

Rockbridge Ballet

990 • Fiscal year 2020 • EIN 77-0622087

Jul 01, 2019 to Jun 30, 2020 • Filed on Aug 26, 2020

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

89th percentile

0.59x

Higher debt load relative to assets than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

78th percentile

0.11x

Higher debt load relative to revenue than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

22nd percentile

-18%

Higher net margin than 22% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

96th percentile

$71,700

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 34.3% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

14th percentile

-31%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

46th percentile

-18%

Faster revenue growth than 46% of similar nonprofits.

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

Assets

Down

$40,436

Down $18,102 (-31%) from 2019

Net Assets

Down

$16,513

Down $38,434 (-70%) from 2019

Liabilities

Up

$23,923

Up $20,332 (+566%) from 2019

Revenue

Down

$209,284

Down $45,125 (-18%) from 2019

Expenses

Down

$247,700

Down $23,740 (-8.7%) from 2019

Net Income

Down

-$38,416

Down $21,385 (-126%) from 2019

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

2020

Assets$40,436
Liabilities$23,923
Net Assets$16,513

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

2020

Revenue$209,284
Expenses$247,700
Net Income-$38,416
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Aug 26, 2020
Return Version
2019v5.1
Gross Receipts
$233,788
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$52,223$35,708▼ $16,515
Land, Buildings, and Equipment, Net$6,315$4,728▼ $1,587
Total Assets$58,538$40,436▼ $18,102
Liabilities
Unsecured Notes Loans Payable-$21,800-
Other Liabilities$2,106$2,123▲ $17
Accounts Payable and Accrued Expenses$1,485--
Total Liabilities$3,591$23,923▲ $20,332
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$54,947$16,513▼ $38,434
Total Net Assets Fund Balance$54,947$16,513▼ $38,434
Total Liabilities and Net Assets / Fund Balance$58,538$40,436▼ $18,102

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,150$12,708$13,858
Equipment$0$6,926$6,926
Leasehold Improvements$3,578$2,494$6,072
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jessica MartinExecutive & Artistic DirecFT$71,700$71,700

Board Members and Trustees

NameTitle
Denise BoucherPresident
Farishte IraniVice President
Brooke StinnettDirector
Jennifer BalkeyDirector
Katlyn HickmanDirector
Kimberly KennedyDirector
Melissa GreerSecretary
Bridgete CashTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$35,589
Program Service Revenue
$158,282
Investment Income
$0
Other Revenue
$15,413
All Other Contributions
$17,605
Change in Net Assets
$-38,416
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$134,495
Other Expenses$113,205
Total Fundraising Expense$2,090
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$74,151$1,802-$75,953
Current Officers, Directors, Trustees, and Key Employees$71,700--$71,700
Other Salaries and Wages$44,375$12,000-$56,375
Fees for Services Other$9,235--$9,235
Payroll Taxes$5,494$926-$6,420
Office Expenses-$3,505$1,688$5,193
Advertising$4,971--$4,971
Information Technology-$1,988-$1,988
Insurance$1,689--$1,689
Depreciation Depletion$1,588--$1,588
Other Expenses$1,554$2,265$402$1,554
Fees for Services Accounting-$975-$975
All Other Expenses$464--$464
Total Functional Expenses$218,930$26,680$2,090$247,700
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,585
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$2,123
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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

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
Denise Boucher
Title
President
Phone
5404633436
Signed
2020-08-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Denise Boucher
Formed
2003
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
9
Employees
9
Volunteers
0

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

Ending payroll tax liability -2,123. Beginning payroll tax liability 2,106.

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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/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0126210
IRS990/PYOtherRevenueAmt024374
IRS990/PYProgramServiceRevenueAmt0202833
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IRS990/PYTotalExpensesAmt0271440
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0254409
IRS990/QuidProQuoContributionsInd00
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IRS990/ReportOtherAssetsInd00
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IRS990/RevenueAmt021057
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt030273
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt038092
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt035
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IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06926
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06926
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03578
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02494
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06072
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01150
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012708
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013858
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02123
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04728
IRS990ScheduleD/TotalLiabilityAmt02123
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 -2,123. BEGINNING PAYROLL TAX LIABILITY 2,106.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalVolunteersCnt00
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IRS990/WebsiteAddressTxt0WWW.ROCKBRIDGEBALLET.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DENISE BOUCHER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-26
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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