HICKORY BALLET AND PERFORMING ARTS

EIN: 823438309 501(c)(3) Arts, Culture & Humanities

HICKORY, NC

Total Revenue
$311,336
Total Expenses
$312,472
Total Assets
$181,031
Net Assets
$73,523
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Principal Officer
LEANNA BODNAR
Phone
8289629112
Tax Period
2024-08-01 to 2025-07-31

HICKORY BALLET AND PERFORMING ARTS, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $311K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

TO INSPIRE AND EMPOWER OUR COMMUNITY THROUGH CLASSICAL BALLET AND THE PERFORMING ARTS.

Program Service Accomplishments

Program 1
Expenses: $230,684 Revenue: $221,973

HBPA SERVES PRE-PROFESSIONAL AND RECREATIONAL STUDENTS BY OFFERING WEEKLY PERFORMING ARTS CLASSES, INCLUDING CLASSICAL BALLET, POINTE, JAZZ, TAP, MUSICAL THEATRE, TURNS AND LEAPS, CONTEMPORARY...

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HBPA SERVES PRE-PROFESSIONAL AND RECREATIONAL STUDENTS BY OFFERING WEEKLY PERFORMING ARTS CLASSES, INCLUDING CLASSICAL BALLET, POINTE, JAZZ, TAP, MUSICAL THEATRE, TURNS AND LEAPS, CONTEMPORARY, BALLROOM, AND VOICE. APPROXIMATELY 200 STUDENTS ARE ENROLLED IN INSTRUCTIONAL CLASSES, AND SCHOLARSHIPS ARE AVAILABLE TO DANCERS IN NEED OF FINANCIAL SUPPORT. HBPA ALSO REACHED UNDERSERVED COMMUNITIES THROUGH A STRATEGIC PARTNERSHIP WITH CENTRO LATINO, PROVIDING SCHOLARSHIPS TO HISPANIC/LATINX STUDENTS AND SPANISH-LANGUAGE SUPPORT FROM STAFF.

Program 2
Expenses: $24,040 Revenue: $29,172

STUDENTS PARTICIPATED IN FOUR MAINSTAGE PRODUCTIONSWE ARE MONSTERS, THE NUTCRACKER, ALICE IN WONDERLAND, JR, AND CINDERELLAWITH CAST SIZES RANGING FROM 20-90 CHILDREN AND YOUTH. THESE PRODUCTIONS...

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STUDENTS PARTICIPATED IN FOUR MAINSTAGE PRODUCTIONSWE ARE MONSTERS, THE NUTCRACKER, ALICE IN WONDERLAND, JR, AND CINDERELLAWITH CAST SIZES RANGING FROM 20-90 CHILDREN AND YOUTH. THESE PRODUCTIONS REACHED APPROXIMATELY 4,500 AUDIENCE MEMBERS THROUGH PUBLIC AND SCHOOL-BASED PERFORMANCES. SCHOOL MATINEES OF THE NUTCRACKER SERVED OVER 1300 STUDENTS AND EDUCATORS, AND SOUTHWEST PRIMARY SCHOOL HOSTED A FREE IN-SCHOOL PERFORMANCE OF WE ARE MONSTERS FOR 245 STUDENTS. PUBLIC PERFORMANCES REACHED AN ADDITIONAL 3000 AUDIENCE MEMBERS ACROSS ALL FOUR PRODUCTIONS. ADDITIONAL PERFORMANCES INCLUDED THE HICKORY DOWNTOWN ASSOCIATION ART CRAWL AND OKTOBERFEST. IN JULY, APPROXIMATELY 50 SUMMER CAMPERS ENJOYED REHEARSING AND PERFORMING BEETLEJUICE JR. DURING A WEEK-LONG CAMP IN COLLABORATION WITH THE HICKORY COMMUNITY THEATRE. HBPA VOLUNTEERS DONATED OVER 1085 HOURS TO HELP BRING OUR PRODUCTIONS TO LIFE. IN ADDITION TO THE FACULTY AND STAFF, HBPA CONTRACTED WITH 20 ADDITIONAL ARTISTS, INCLUDING 4 VISUAL ARTISTS FROM FULL CIRCLE ARTS, 1 PERFORMING GUEST ARTIST FROM THE UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS FOR CINDERELLA, 6 GUEST TEACHERS, AND 1 STUDENT INTERN FROM UNCSA.

Program 3

OUTREACH EFFORTS EXPANDED HBPAS REACH BEYOND STUDIO-BASED PROGRAMMING. THE BOOKS TO BALLET AND BOOKS TO BROADWAY SERIES WERE PRESENTED 8 TIMES AT LOCAL LIBRARIES AND EXPANDED TO HICKORY CITY PRE-K...

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OUTREACH EFFORTS EXPANDED HBPAS REACH BEYOND STUDIO-BASED PROGRAMMING. THE BOOKS TO BALLET AND BOOKS TO BROADWAY SERIES WERE PRESENTED 8 TIMES AT LOCAL LIBRARIES AND EXPANDED TO HICKORY CITY PRE-K CLASSROOMS, REACHING A COMBINED AUDIENCE OF 128 STUDENTS. OUR ANNUAL INTERNATIONAL DANCE DAY FESTIVAL, FEATURING FREE MASTER CLASSES IN A VARIETY OF STYLES AND GENRES, WAS ATTENDED BY 96 MEMBERS OF OUR COMMUNITY. HBPA HOSTED TWO FREE PUBLIC PERFORMANCES SERVING 274 AUDIENCE MEMBERS AT UNION SQUARE, CREATING OPPORTUNITIES TO ENGAGE FAMILIES WITH LIMITED ACCESS TO TRADITIONAL VENUES. THE SENSORY-FRIENDLY PERFORMANCE OF THE NUTCRACKER WELCOMED 57 ATTENDEES. IT INCORPORATED LIGHTING, SOUND, AND SPATIAL MODIFICATIONS TO ACCOMMODATE INDIVIDUALS WITH DISABILITIES.

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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 $32,569
Program Service Revenue $251,145
Investment Income $2,927
Other Revenue $24,695
TOTAL REVENUE $311,336

Expense Breakdown

Grants Paid $0
Salaries & Benefits $172,423
Fundraising Expenses $19,981
Program Expenses $254,724
Other Expenses $140,049
TOTAL EXPENSES $312,472

Year-over-Year Comparison

2024 2023 Change
Revenue $311,336 $266,097 +0.2%
Expenses $312,472 $293,058 +0.1%
Net Income $-1,136 $-26,961 -1.0%
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
6
Independent Members
N/A
Employees
24
Volunteers
15

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
0
$0
Total Directors
6
$35,017
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEANNA BODNAR Executive Dir. 35.00
Director
$35,017 $0 $35,017
EMILY GARMON Secretary 0.00
Director
$0 $0 $0
JOSH WALKER Trustee 0.00
Director
$0 $0 $0
JORDAN FALKNER Trustee 0.00
Director
$0 $0 $0
JESSICA O'BRIEN Trustee 0.00
Director
$0 $0 $0
BRANDON LEE Trustee 0.00
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 $311,336 $312,472 $181,031 $-1,136
2024 $266,097 $293,058 $185,959 $-26,961
2023 $278,659 $225,460 $217,921 $53,199
2022 $222,319 $168,622 $170,721 $53,697
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