Overview

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Est.

2008

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Wilmington Ballet Academy of the Dance Inc., established in 1956, is dedicated to providing superior classical ballet training to students of all ages in the Wilmington area, fostering discipline, confidence, poise, and commitment. With an operating budget of $380K and total revenue of $339.5K for the 2024 filing year, the organization offers students the opportunity to perform alongside world-class artists and live music. The academy does not rely on a single funder for 50% or more of its revenue, ensuring a diverse financial base to support its mission. For more information, visit http://www.wilmingtonballet.org.

Mission Statement

SINCE 1956, THE WILMINGTON BALLET ACADEMY OF THE DANCE HAS BEEN DEDICATED TO PROVIDING SUPERIOR CLASSICAL BALLET TRAINING TO STUDENTS OF ALL AGES IN THE WILMINGTON AREA TO FOSTER DISCIPLINE, CONFIDENCE, POISE, AND COMMITMENT. IN ADDITION, WE PROVIDE OUR STUDENTS WITH THE OPPORTUNITY TO PERFORM WITH WORLD CLASS ARTISTS AND LIVE MUSIC.
Revenues
$339.5K
Expenses
$401.6K
Net Income:
-$62K
Assets
$648.3K
Liabilities
$161.1K
Net Assets:
+$487.2K
Operating Budget
$380K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$16.5K
Largest grant received
$30K
S
Sean O'SHEA
Board Member
C
Consuella Petty
Board Member
R
Rosanne Brandau
Board Member

Frequently Asked Questions

What is WILMINGTON BALLET ACADEMY OF THE DANCE INC’s budget?
In 2024, WILMINGTON BALLET ACADEMY OF THE DANCE INC reported an annual operating budget of around $380 thousand. More detailed financial information is available to registered users.
What causes does WILMINGTON BALLET ACADEMY OF THE DANCE INC support?
WILMINGTON BALLET ACADEMY OF THE DANCE INC supports work in Performing arts education and Dance.
Where does WILMINGTON BALLET ACADEMY OF THE DANCE INC operate?
WILMINGTON BALLET ACADEMY OF THE DANCE INC is headquartered in WILMINGTON, DE.
Who funded WILMINGTON BALLET ACADEMY OF THE DANCE INC recently?
In 2024, WILMINGTON BALLET ACADEMY OF THE DANCE INC received grants from NATHAN M CLARK FOUNDATION 2574-00-48, THE TUTTLEMAN FOUNDATION, and NATHAN M CLARK FOUNDATION 2574-00-48. More information on this organization’s funders is available to registered users.
What is the largest grant WILMINGTON BALLET ACADEMY OF THE DANCE INC received in 2024?
The largest grant to WILMINGTON BALLET ACADEMY OF THE DANCE INC in 2024 exceeds $30 thousand.
What is WILMINGTON BALLET ACADEMY OF THE DANCE INC’s reliance on government grants?
WILMINGTON BALLET ACADEMY OF THE DANCE INC relied on government grants for more than 15% of their total revenue in 2024.