BALLETCOLLECTIVE INC

EIN: 453021279 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$886,047
Total Expenses
$859,150
Total Assets
$1,562,756
Net Assets
$1,562,506
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Principal Officer
TROY SCHUMACHER
Phone
6463371254
Tax Period
2023-01-01 to 2023-12-31

BALLETCOLLECTIVE INC, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $886K in total revenue in fiscal year 2023. Revenue surged 106% from the prior year, signaling strong growth momentum. Expenses of $859K left a modest 3% surplus.

Mission

THE ORGANIZATION WAS FORMED TO PROMOTE AND FOSTER THE ARTS, PARTICULARLY THE BALLET, THROUGH PERFOMANCE AND PUBLIC EDUCATION, WITH A PARTICULAR EMPHASIS ON AN INTEGRATION OF VARIOUS ART FORMS, INCLUDING DANCE, MUSIC, THE VISUAL ARTS, AND WRITTEN AND SPOKEN WORD.

Program Service Accomplishments

Program 1
Expenses: $798,854 Revenue: $185,722

AFTER YEARS OF DEVELOPMENT, BALLETCOLLECTIVE CELEBRATED THE WORLD PREMIERE PERFORMANCE RUN OF THE NIGHT FALLS AT PEAK PERFORMANCES AT MONTCLAIR STATE UNIVERSITY FROM FEBRUARY 9-12, 2023 IN MONTCLAIR...

Read more

AFTER YEARS OF DEVELOPMENT, BALLETCOLLECTIVE CELEBRATED THE WORLD PREMIERE PERFORMANCE RUN OF THE NIGHT FALLS AT PEAK PERFORMANCES AT MONTCLAIR STATE UNIVERSITY FROM FEBRUARY 9-12, 2023 IN MONTCLAIR, NJ. WITH A LIBRETTO AND LYRICS BY PULITZER FINALIST KAREN RUSSELL, MUSIC AND LYRICS BY ELLIS LUDWIG-LEONE, CHOREOGRAPHY AND DIRECTION BY TROY SCHUMACHER, THE NIGHT FALLS PREMIERED AS AN 85 MINUTE STAGED DANCE-DRIVEN WORK OF MUSIC THEATER FOR NINE DANCERS, EIGHT SINGERS, AND A CHAMBER ENSEMBLE TO TELL A NEW MODERN, AMERICAN MYTH FOR OUR FRACTURED ERA. IN LATE 2023, THE NEW YORK TIMES NAMED THE NIGHT FALLS IN "BEST DANCE PERFORMANCES OF 2023." BALLETCOLLECTIVE PRESENTED ITS 2023 NEW YORK CITY SEASON: THE MOMENT IS IMMINENT, WHICH FEATURED TWO WORLD PREMIERE BALLETS FROM TWO ACCLAIMED CREATIVE TEAMS. BALLETCOLLECTIVE FOUNDER AND CHOREOGRAPHER TROY SCHUMACHER COLLABORATED WITH COMPOSER PHONG TRAN AND TTRPG DESIGNER SAMANTHA LEIGH TO CREATE THE WORLD WE LEFT BEHIND. CHOREOGRAPHER OMAR ROMAN DE JESUS, THE 4TH RECIPIENT OF BALLETCOLLECTIVE'S COMMISSION FOR DEVELOPING CHOREOGRAPHERS, COLLABORATED WITH COMPOSER ROBERT HONSTEIN, AND VISUAL ARTIST KATHRIN LINKERSDORFF TO MAKE LOVE ME WHILE I'M HERE. THE MOMENT IS IMMINENT PREMIERED ON OCTOBER 30, 2023 WITH LIVE MUSIC AND AN ENSEMBLE OF DANCERS FROM NEW YORK CITY BALLET WITH SUBSEQUENT PERFORMANCES ON NOVEMBER 1ST AND 2ND AT TRINITY COMMONS. THE FINAL PERFORMANCE WAS STREAMED LIVE. BALLETCOLLECTIVE HELD TWO SUMMER CHOREOGRAPHIC RESIDENCIES FOR THE MOMENT IS IMMINENT FROM JUNE 12-24, 2023 IN NEW YORK CITY AND JUNE 26-JULY 9, 2023 IN MILLBROOK, NY. THE SECOND RESIDENCY CULMINATED WITH TWO LOW COST PUBLIC PERFORMANCES FOR 200 MEMBERS OF THE HUDSON VALLEY COMMUNITY JULY 8 AND 9. OPEN REHEARSALS FOR THE COMMUNITY WERE HELD AT THE MILLBROOK SCHOOL AND ONE EDUCATIONAL EVENT FOR THE LOCAL STUDENT COMMUNITY IN COLLABORATION WITH THE WETHERSFIELD ESTATE AND GARDEN WAS HELD ON JULY 1.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $668,566
Program Service Revenue $185,722
Investment Income $26,483
Other Revenue $5,276
TOTAL REVENUE $886,047

Expense Breakdown

Grants Paid $33,402
Salaries & Benefits $69,400
Fundraising Expenses $7,662
Program Expenses $798,854
Other Expenses $756,348
TOTAL EXPENSES $859,150

Year-over-Year Comparison

2023 2022 Change
Revenue $886,047 $430,180 +1.1%
Expenses $859,150 $433,758 +1.0%
Net Income $26,897 $-3,578 -8.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
8
Employees
N/A
Volunteers
11

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$69,400
Total Directors
10
$69,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARIN KINGSLEY CHAIR 0.50
Officer Director
$0 $0 $0
STEPHEN REIDY PRESIDENT 0.50
Officer Director
$0 $0 $0
TROY SCHUMACHER ARTISTIC DIRECTOR 30.00
Officer Director
$69,400 $0 $69,400
ASHLEY LARACEY DIRECTOR 0.50
Director
$0 $0 $0
ERIC LEE DIRECTOR 0.50
Director
$0 $0 $0
CARA LONERGAN DIRECTOR 0.50
Director
$0 $0 $0
ELISSA KRAMER DIRECTOR 0.50
Director
$0 $0 $0
CLAIRE MANN DIRECTOR 0.50
Director
$0 $0 $0
SARA JANE MERCER DIRECTOR 0.50
Director
$0 $0 $0
CAROLE POSTAL DIRECTOR 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $886,047 $859,150 $1,562,756 $26,897
2022 $430,180 $433,758 $1,580,535 $-3,578
2021 $795,129 $313,318 $1,533,854 $481,811
2020 $1,265,129 $594,351 $1,086,096 $670,778
2019 $355,872 $370,873 $371,782 $-15,001
2018 $248,690 $148,051 $388,747 $100,639
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BALLETCOLLECTIVE INC with other nonprofits in New York and across the country.