COMMUNITY BALLET ASSOCIATION INC

EIN: 630505056 501(c)(3)

HUNTSVILLE, AL

Total Revenue
$1,141,735
Total Expenses
$1,201,995
Total Assets
$1,205,793
Net Assets
$878,249
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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
AL
Principal Officer
MARK FLAKE
Phone
2565390961
Tax Period
2024-07-01 to 2025-06-30

COMMUNITY BALLET ASSOCIATION INC, founded in 1964, is a small nonprofit that reported $934K in total revenue in fiscal year 2018. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $197K, a strong 21% operating margin.

Mission

THE MISSION OF HUNTSVILLE BALLET IS TO PRESERVE AND TEACH THE CLASSICAL ART OF BALLET; TO BRING THE ARTISTRY OF CLASSICAL AND CONTEMPORARY DANCE TO THE HUNTSVILLE COMMUNITY AND BEYOND THROUGH PERFORMANCES, EDUCATION AND OUTREACH PROGRAMS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $263,951
Program Service Revenue $839,753
Investment Income $1,213
Other Revenue $36,818
TOTAL REVENUE $1,141,735

Expense Breakdown

Grants Paid $0
Salaries & Benefits $566,806
Fundraising Expenses $0
Program Expenses $867,443
Other Expenses $635,189
TOTAL EXPENSES $1,201,995

Year-over-Year Comparison

2024 2023 Change
Revenue $1,141,735 $1,068,902 +0.1%
Expenses $1,201,995 $1,155,040 +0.0%
Net Income $-60,260 $-86,138 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
40
Volunteers
331

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
5
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN BUFFALOE PRESIDENT 25.00
Officer Director
$0 $0 $0
LARRY MCDANIEL VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
LYNN KERKHOF TREASURER 24.50
Officer Director
$0 $0 $0
MARK FLAKE TREASURER (FROM MAY 2025) 5.00
Officer Director
$0 $0 $0
LYDA SMITH RECORDING SECRETARY 5.00
Officer Director
$0 $0 $0
AUDREY MCDADE MEMBER AT LARGE 15.00
Director
$0 $0 $0
DEBBIE BAUGHN MEMBER 20.00
Director
$0 $0 $0
SAYURI BELTRAN MEMBER 1.00
Director
$0 $0 $0
ANNELLE CRAIG MEMBER 4.00
Director
$0 $0 $0
JOSIE CRAIG MEMBER 2.00
Director
$0 $0 $0
DANNYE DRAKE MEMBER 2.00
Director
$0 $0 $0
GAREN GRASHOT MEMBER 10.00
Director
$0 $0 $0
WILSON LUQUIRE MEMBER 7.00
Director
$0 $0 $0
JOAN MAY DECEASED MEMBER 20.00
Director
$0 $0 $0
WILL MEEHAN MEMBER 3.00
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
2025 $1,141,735 $1,201,995 $1,205,793 $-60,260
2024 No data No data No data No data
2023 $952,934 $1,011,299 $1,246,710 $-58,365
2022 $996,660 $894,777 $1,447,227 $101,883
2019 $934,051 $736,918 $1,172,255 $197,133
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