BALLET ETUDES OF SOUTH FLORIDA INC

EIN: 650020384 501(c)(3) Arts, Culture & Humanities

MIAMI, FL

Total Revenue
$347,194
Total Expenses
$291,799
Total Assets
$127,559
Net Assets
$111,568
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
FL
Principal Officer
HARRY ELDEN
Phone
3055571142
Tax Period
2023-01-01 to 2023-12-31

BALLET ETUDES OF SOUTH FLORIDA INC, founded in 1987, is a small nonprofit in the Arts, Culture & Humanities sector that reported $347K in total revenue in fiscal year 2023. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $55K, a strong 16% operating margin.

Mission

EDUCATING & PROMOTING THE ART OF BALLET TO CHILDREN AND OTHER UNDERSERVED COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $40,191 Revenue: $31,571

NUTCRACKER PERFORMANCES WITH A CAST OF OVER 150 YOUNG PEOPLE FROM AGE 5 THROUGH YOUNG ADULT. THESE DANCERS HAVE THE OPPORTUNITY TO PERFORM ON STAGE WITH INTERNATIONAL GUEST STARS IN A PROFESSIONALLY...

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NUTCRACKER PERFORMANCES WITH A CAST OF OVER 150 YOUNG PEOPLE FROM AGE 5 THROUGH YOUNG ADULT. THESE DANCERS HAVE THE OPPORTUNITY TO PERFORM ON STAGE WITH INTERNATIONAL GUEST STARS IN A PROFESSIONALLY DIRECTED STAGE PRODUCTION. RESULTS ARE HIGH SELF-ESTEEM, DISCIPLINE, PHYSICAL TRAINING, PROVIDING HEALTHY OUTCOMES, BOTH MIND AND BODY FOR YOUNG PEOPLE.

Program 2
Expenses: $43,017 Revenue: $35,808

THEATER PERFORMANCES OF ORIGINAL CHOREOGROPHIES AND CLASSICAL REPERTOIRE DURING THE MONTHS OF FEBRUARY AND SEPTEMBER.

Program 3
Expenses: $194,038 Revenue: $15,390

JUNE SUMMER PERFORMANCES BOTH IN-HOUSE AT THE STUDIO AND IN A THEATER THAT COMBINED FEATURED OVER 100 DANCERS FROM AGES 3 AND UP. SUMMER INTENSIVE PROGRAMS IN JULY AND AUGUST PROVIDED INTENSIVE...

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JUNE SUMMER PERFORMANCES BOTH IN-HOUSE AT THE STUDIO AND IN A THEATER THAT COMBINED FEATURED OVER 100 DANCERS FROM AGES 3 AND UP. SUMMER INTENSIVE PROGRAMS IN JULY AND AUGUST PROVIDED INTENSIVE TRAINING TO THE BALLET COMPANY'S CAST PRIOR TO THE OPENING OF OUR NEW SEASON. THE EMPHASIS IS ON PARTNERING (PAS DE DEUX), NEW CHOREOGRAPHY, BALLET CONDITIONING AND TRAINING. PARTICIPANTS PERFORM A SMALL PROGRAM IN OUR STUDIO IN A BLACK BOX THEATER SETTING. THE NUMBER OF PARTICIPANTS UNDER 21 YEARS OF AGE WAS 20 COMPANY MEMBERS.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $264,425
Program Service Revenue $82,769
Investment Income $0
Other Revenue $0
TOTAL REVENUE $347,194

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $277,246
Other Expenses $291,799
TOTAL EXPENSES $291,799

Year-over-Year Comparison

2023 2022 Change
Revenue $347,194 $184,862 +0.9%
Expenses $291,799 $175,341 +0.7%
Net Income $55,395 $9,521 +4.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
2

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARL SINGLETARY DIRECTOR 2.00
Director
$0 $0 $0
ANDREW J ATCHISON DIRECTOR 1.00
Director
$0 $0 $0
PEDRO ACOSTA DIRECTOR 40.00
Director
$0 $0 $0
MERCEDES ROJAS DIRECTOR 2.00
Director
$0 $0 $0
MARSHALL KAUFMAN DIRECTOR 2.00
Director
$0 $0 $0
DOMINIQUE ATCHISON PRESIDENT 20.00
Officer
$0 $0 $0
HARRY ELDEN TREASURER 10.00
Officer
$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 $347,194 $291,799 $127,559 $55,395
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