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Nonprofiteer
← BALLET PENSACOLA INC

Form 990 for tax year 2023

Filed by BALLET PENSACOLA INC.

Totals

Total revenue
$994,562
Total expenses
$1,131,311
Contributions and grants received
$158,348
Grants paid
$0
Program service revenue
$795,906
Investment income
$6,728
Other revenue
$33,580
Total assets, end of year
$474,730
Total liabilities, end of year
$109,336
Net assets or fund balances, end of year
$365,394
Program services expenses (Part IX)
$911,732
Management and general expenses
$219,579
Fundraising expenses
$0
Program service expenses (Part III)
$911,732

Program services were 80.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $108,626

  • 1f · All other contributions, gifts and grants

    $49,722

  • 1g · Noncash contributions included above

    $1,300

  • 2a · Program service revenue: PERFORMANCE RECEIPTS

    total $472,418 · related or exempt $472,418

  • 2b · Program service revenue: TUITION AND FEES

    total $323,488 · related or exempt $323,488

  • 3 · Investment income

    total $6,728 · excluded $6,728

  • 8a · Fundraising events: gross income

    $9,670

  • 8b · Fundraising events: direct expenses

    $234

  • 8c · Net income from fundraising events

    total $9,436 · excluded $9,436

  • 10a · Gross sales of inventory

    $33,720

  • 10b · Cost of goods sold

    $9,576

  • 10c · Net income from sales of inventory

    total $24,144 · related or exempt $24,144

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $65,000 · management and general $65,000

  • 7 · Other salaries and wages

    total $528,998 · program services $471,915 · management and general $57,083

  • 9 · Other employee benefits

    total $29,723 · program services $29,723

  • 10 · Payroll taxes

    total $43,931 · program services $43,931

  • 11c · Fees: accounting

    total $10,970 · management and general $10,970

  • 12 · Advertising and promotion

    total $20,826 · program services $20,826

  • 13 · Office expenses

    total $26,005 · management and general $26,005

  • 16 · Occupancy

    total $105,697 · program services $80,853 · management and general $24,844

  • 23 · Insurance

    total $13,797 · program services $13,797

  • 24a · Other expenses: PRODUCTION EXPENSE

    total $227,792 · program services $227,792

  • 24b · Other expenses: BANK FEES

    total $21,396 · management and general $21,396

  • 24c · Other expenses: MISCELLANEOUS EXP

    total $17,573 · program services $15,366 · management and general $2,207

  • 24d · Other expenses: PRINTING AND POSTAGE

    total $10,774 · management and general $10,774

  • 24e · All other expenses

    total $8,829 · program services $7,529 · management and general $1,300

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $150,468 · end of year $124,607

  • 2 · Savings and temporary cash investments

    beginning of year $300,085 · end of year $169,823

  • 4 · Accounts receivable

    beginning of year $73,470 · end of year $73,970

  • 10a · Land, buildings and equipment: cost or other basis

    $410,867

  • 10b · Land, buildings and equipment: accumulated depreciation

    $410,867

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $13,010 · end of year $0

  • 15 · Other assets

    beginning of year $158,697 · end of year $106,330

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,082 · end of year $3,006

  • 19 · Deferred revenue

    beginning of year $19,808 · end of year $0

  • 25 · Other liabilities

    beginning of year $158,697 · end of year $106,330

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $502,143 · end of year $365,394

Mission and programs · 2023

Mission

TO PROVIDE BALLET DANCE INSTRUCTION AND PERFORMANCE FOR THE COMMUNITY AT LARGE.

Activities or mission (Part I)

ENHANCING THE CULTURAL LIFE OF THE COMMUNITY BY DEVELOPING APPRECIATION AND KNOWLEDGE OF DANCE THROUGH QUALITY DANCE EDUCATION AND EXCELLENT PERFORMANCES.

  • DANCE PERFORMANCES FOR THE COMMUNITY AT LARGE AND IN COMMUNITY FESTIVALS, SCHOOLS, AND COMMUNITY EVENTS. PERSONS ESTIMATED TO BENEFIT - 30,000

    Expenses $541,168 · Revenue $472,418

  • BALLET ACADEMY PROVIDES DANCE INSTRUCTION FOR THE COMMUNITY AT LARGE. PERSONS ESTIMATED TO BENEFIT - 275

    Expenses $370,564 · Revenue $323,488

As filed on the 2023 return.

Listed in Part VII

  • NINA COBB

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • VICKIE GESELLSCHAP

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    1

  • JARED JONES

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • SARAH SINGLETARY

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • DANIEL HARRELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SKIP THEISEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LUCAS HALL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CARISSA ADAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ERIC MILSTEAD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BIANCA VILLEGAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LAURA PIOVESANA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SUSAN WATERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER BULLARO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LINDA STINSON

    EXECUTIVE DIRECTOR

    Total calculated
    $63,000
    From this org
    $63,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
6 May 2025
IRS schema version
2023v6.0
Source object
202511269349302026

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