MEMPHIS, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BALLET MEMPHIS CORPORATION, founded in 1979, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.9M in total revenue in fiscal year 2023. Expenses of $4.4M exceeded revenue, resulting in a 55% operating deficit.
BALLET MEMPHIS ASPIRES TO REVEAL AND CELEBRATE THE UNIVERSALITY OF THE HUMAN EXPERIENCE THROUGH DANCE. BALLET MEMPHIS SERVES THE REGIONAL AND NATIONAL COMMUNITY THROUGH EMBODYING THE ORGANIZATION'S VALUES FOR EXCELLENCE, AUTHENTICITY, BELONGING, AND JOY.
BALLET MEMPHIS IS A DIVERSE PROFESSIONAL BALLET COMPANY WITH 18 DANCERS FROM ACROSS THE COUNTRY AND AROUND THE GLOBE. IN THE 2023-24 SEASON, BALLET MEMPHIS STAGED 4 MAINSTAGE PRODUCTIONS WITH 18...
BALLET MEMPHIS IS A DIVERSE PROFESSIONAL BALLET COMPANY WITH 18 DANCERS FROM ACROSS THE COUNTRY AND AROUND THE GLOBE. IN THE 2023-24 SEASON, BALLET MEMPHIS STAGED 4 MAINSTAGE PRODUCTIONS WITH 18 PERFORMANCES. ADDITIONALLY, THE YOUTH BALLET MEMPHIS STAGED 2 PRODUCTIONS WITH 6 PERFORMANCES. OVER 18,000 INDIVIDUALS ENJOYED A BALLET MEMPHIS PERFORMANCE.
THE BALLET MEMPHIS SCHOOL AND YOUTH BALLET MEMPHIS HAD AN ENROLLMENT OF 225 STUDENTS AGES 3 THROUGH 18 WHO PARTICIPATED IN CLASSICAL BALLET TRAINING. STUDENTS ARE PROVIDED INTRODUCTORY THROUGH...
THE BALLET MEMPHIS SCHOOL AND YOUTH BALLET MEMPHIS HAD AN ENROLLMENT OF 225 STUDENTS AGES 3 THROUGH 18 WHO PARTICIPATED IN CLASSICAL BALLET TRAINING. STUDENTS ARE PROVIDED INTRODUCTORY THROUGH ADVANCED TRAINING, INCLUDING POINT, MODERN DANCE, CHOREOGRAPHIC TECHNIQUE, AND BOYS' TECHNIQUE CLASS. BALLET MEMPHIS PROVIDES SCHOLARSHIP ASSISTANCE TO STUDENTS WITH DEMONSTRATED FINANCIAL NEED AND/OR EXCEPTIONAL ABILITY. OUR GOAL IS TO PROVIDE THE OPPORTUNITY FOR PROFESSIONAL DANCE TRAINING TO ANY STUDENT WHO DEMONSTRATES AN INTEREST AND IS WILLING TO MAKE THE COMMITMENT TO ATTEND REGULAR CLASSES. CLASSES ARE TAUGHT BY PROFESSIONAL DANCE INSTRUCTORS OR MEMBERS OF THE BALLET MEMPHIS COMPANY.
THE BALLET MEMPHIS PILATES + WELLNESS PROGRAM OFFERS MAT AND EQUIPMENT CLASSES AT TWO LOCATIONS. BALLET MEMPHIS IS A LICENSED STOTT TRAINING AND CERTIFICATION CENTER AND HAS CERTIFIED MANY OF OUR OWN...
THE BALLET MEMPHIS PILATES + WELLNESS PROGRAM OFFERS MAT AND EQUIPMENT CLASSES AT TWO LOCATIONS. BALLET MEMPHIS IS A LICENSED STOTT TRAINING AND CERTIFICATION CENTER AND HAS CERTIFIED MANY OF OUR OWN DANCERS AS INSTRUCTORS. PILATES INSTRUCTION HELPS TO SUPPLEMENT INCOME FOR DANCERS AND OFFER AN ALTERNATIVE CAREER PATH, AS WELL AS OFFERS EXCELLENT TRAINING TO KEEP DANCERS IN PRIME PHYSICAL CONDITION AND REDUCE THE RISK OF INJURY. CLIENTS OF ALL PHYSICAL ABILITIES FROM ACROSS THE REGION USE THE PILATES CENTER TO MAINTAIN PHYSICAL HEALTH, RECOVER FROM INJURY, INCREASE BALANCE AND CORE STRENGTH, AND IMPROVE ATHLETIC PERFORMANCE. ADDITIONALLY, BALLET MEMPHIS OFFERS ADULT CLASSES IN BALLET AND TAP FOR FUN AND FITNESS. THE PILATES + WELLNESS PROGRAM SERVED OVER 11,000 CLIENT VISITS IN FY2024.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,864,022 | $2,662,090 | +0.1% |
| Expenses | $4,446,380 | $4,436,052 | +0.0% |
| Net Income | $-1,582,358 | $-1,773,962 | -0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SHELLEY SHANAMAN | CHAIR | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR NEHALI PATEL | SECRETARY | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAGGIE LOVELL | TREASURER | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDREA BIENSTOCK | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| JOAN SCHADT BIDDLE | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| ERIC CLAUSON | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| LEEANNE COX | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| NEIL GIBSON | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| BRETT GRINDER | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| HON RUTHIE HAGAN | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| MONICA C JONES | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| FAITH KAYE | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| SUE LAYMAN LIGHTMAN | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| ERIC MATHEWS | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| JESSICA WEBB | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| CAROL G MIRAGLIA | CHIEF ADMINISTRATIVE OFFIC | 40.00 |
Officer
|
$135,914 | $96 | $136,010 |
| GRETCHEN WOLLERT MCLENNON | PRESIDENT & CEO | 40.00 |
Officer
|
$200,000 | $96 | $200,096 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,864,022 | $4,446,380 | $33,818,476 | $-1,582,358 |
| 2023 | $2,662,090 | $4,436,052 | $34,027,733 | $-1,773,962 |
| 2022 | $4,251,856 | $3,856,262 | $34,630,248 | $395,594 |
| 2021 | $2,867,541 | $3,459,528 | $37,880,130 | $-591,987 |
| 2020 | $3,071,797 | $4,655,982 | $34,301,954 | $-1,584,185 |
| 2019 | $3,688,841 | $4,932,442 | $37,218,336 | $-1,243,601 |
| 2018 | $15,298,127 | $5,420,794 | $39,832,658 | $9,877,333 |
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