2025-06-24T12:59:27-05:00 2024-08-31 921472936 ADEPTUS ADVISORS LLC 3311 OLNEY SANDY SPRING RD OLNEY MD 208321411 990 2023-09-01 520943959 MARYLAND YOUTH BALLET INC MARY 3016082232 926 ELLSWORTH DRIVE SILVER SPRING MD 20910 ALYCE JENKINS EXECUTIVE DIRECTOR 3016522232 2025-06-24 1 1 NEIL E BERGER P00102223 3019299700 2025-06-24 2023 2025-03-06 01:10:19Z ALYCE JENKINS 926 ELLSWORTH DR SILVER SPRING MD 20910 2451043 0 X MARYLANDYOUTHBALLET.ORG X 1971 MD TO PROVIDE THE HIGHEST CALIBER OF TRAINING AND PERFORMANCE OPPORTUNITIES TO PREPARE YOUNG DANCERS FOR A CAREER IN THE PERFORMING ARTS AS WELL AS TO PROVIDE CLASSES TO DANCERS OF ALL AGES AND LEVELS IN THE COMMUNITY. 11 10 71 200 15289 0 1323789 458119 1823765 1889598 94 -286 38903 40502 3186551 2387933 65970 43000 0 0 1623239 1733378 0 0 79589 896286 829707 2585495 2606085 601056 -218152 4831901 4610537 3366942 3363730 1464959 1246807 TO PROVIDE THE HIGHEST CALIBER OF TRAINING AND PERFORMANCE OPPORTUNITIES TO PREPARE YOUNG DANCERS FOR A CAREER IN THE PERFORMING ARTS AS WELL AS TO PROVIDE CLASSES TO DANCERS OF ALL AGES AND LEVELS IN THE COMMUNITY. 0 0 1815251 43000 1890955 OUR PROGRAM TRAINED DANCERS AND PRESENTED THEM IN PERFORMANCES AS PART OF THEIR TRAINING. 1815251 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 43 0 1 71 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 MD X ALYCE JENKINS 3016082232 926 ELLSWORTH DRIVE SILVER SPRING MD 20910 A JENKINS EXECUTIVE DIRECTOR 40.00 X X 72917 0 0 J HIGGINS BOARD MEMBER 1.00 X 0 0 0 S KAGEN BOARD MEMBER 1.00 X 0 0 0 E LILLEY BOARD MEMBER 1.00 X 0 0 0 J MCCARTHY BOARD MEMBER 1.00 X 0 0 0 A SELINE BOARD MEMBER 1.00 X 0 0 0 B SCHULTE BOARD MEMBER 1.00 X 0 0 0 N MARZULLA PRESIDENT 1.00 X X 0 0 0 B MULLENEX VICE PRESIDENT 1.00 X X 0 0 0 D KELLY SECRETARY 1.00 X X 0 0 0 L MILLER TREASURER 1.00 X X 0 0 0 72917 0 0 0 0 0 0 0 171683 268436 18000 458119 TUITION 711300 1605280 1605280 TICKET SALES 711190 282218 282218 ADVERTISING 711300 2100 2100 1889598 95 95 7670 0 7670 7670 7670 381 -381 -381 -381 53149 171683 37344 15805 15805 40674 25385 15289 15289 MISCELLANEOUS INCOME 900099 1738 1738 1738 2387933 1890955 15289 23570 43000 43000 80000 52000 24640 3360 1502073 976348 462638 63087 23638 18697 3712 1229 127667 82983 39577 5107 34333 34333 14804 14804 14415 11532 1297 1586 36673 32272 3851 550 67035 20692 46343 318943 269507 49436 14219 11949 2270 18126 15407 2719 PERFORMANCE EXPENSES 96158 96158 CASUAL LABOR 78012 74502 3510 BANK FEES 49416 46945 2471 REPAIRS AND MAINTENANCE 42991 34393 8598 44582 28866 13517 2199 2606085 1815251 711245 79589 2255321 1239847 94404 729481 213359 297015 2875 5994 12081 22070 538239 481547 37182 56692 2216679 2259438 4831901 4610537 16383 14872 736959 717197 2613600 2631661 3366942 3363730 X 1042760 970370 422199 276437 1464959 1246807 4831901 4610537 -218152 0 X 0 1 X 0 0 X 382434 865963 887544 1323789 458119 3917849 1633149 1222844 1710275 1907324 1983422 8457014 2015583 2088807 2597819 3231113 2441541 12374863 79111 53500 106146 51975 39270 330002 0 79111 53500 106146 51975 39270 330002 12044861 8080 16554 5182 5123 7765 42704 8080 16554 5182 5123 7765 42704 4784 2077 1295 2252 1739 12147 2028447 2107438 2604296 3238488 2451045 12429714 0.96900 0.96510 0.00340 0.00390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 224662 223036 1626 313577 258511 55066 56692 DEPOSITS 54552 LIFE INSURANCE CASH SURRENDER VALUE 26065 OPERATING LEASE RIGHT-OF-USE ASSETS (NET OF ACCUMULATED AMORTIZATION) 2178821 2259438 PAYROLL LIABILITIES 86338 OPERATING LEASE LIABILITIES 2545323 2631661 X 2430821 5163 37725 42888 2387933 0 2387933 2648973 5163 381 37344 42888 2606085 0 2606085 PART X, LINE 2: THE ORGANIZATION'S MANAGEMENT EVALUATES TAX POSITIONS AND RECOGNIZES A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S MANAGEMENT HAS ANALYZED ITS TAX POSITIONS, AND HAS CONCLUDED THAT AS OF AUGUST 31, 2024 AND 2023, THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 37,344. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECORDED AS REDUCTION TO FINANCIAL STATEMENTS REVENUE PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 37,344. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECORDED AS REDUCTION TO FINANCIAL STATEMENTS REVENUE GALA 222643 171683 50960 35723 3 2189 2189 1621 224832 171683 53149 37344 37344 15805 1 SCHOLARSHIPS 17 43000 FMV THE ORGANIZATION PROVIDES SCHOLARSHIPS TO PROVIDE OPPORTUNITIES FOR ACCESS, PARTICIPATION, AND MENTORSHIP IN UNDERREPRESENTED POPULATIONS. SCHOLARSHIPS ARE ALSO PROVIDED BASED ON TALENT, NEED-BASIS, OR FOR FACULTY FAMILY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE COPY OF FORM 990 IS REVIEWED BY EXECUTIVE DIRECTOR AND TREASURER. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER COMPLETES A FINANCIAL POLICIES PACKET WHICH INCLUDES A SECTION ON DISCLOSING POTENTIAL CONFLICTS OF INTERESTS. FORM 990, PART VI, SECTION B, LINE 15B THE EXECUTIVE DIRECTOR DETERMINES COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION USING COMPARABILITY DATA AND OTHER FACTORS. EXECUTIVE DIRECTOR REVIEWS COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION ON ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.