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Nonprofit · EIN 02-0569320

BROOKLYN BALLET INC

Tax-exempt · BROOKLYN, NY 11201

Financials

$1.2M$1.6M2023$1.2M$1.4M2024$1.4M$1.5M2025
Revenue Expenses · by fiscal year end
Financials of BROOKLYN BALLET INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,441,256$1,500,724-$59,468$952,790$963,476-$10,686
December 31, 2024990$1,204,341$1,395,612-$191,271$1,104,062$1,055,280$48,782
December 31, 2023990$1,186,591$1,635,471-$448,880$1,402,534$1,162,481$240,053
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$637,784
of which government grants
$271,460
Program service revenue
$801,302
Investment income
$2,170
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$102,000
Other salaries and wages
$520,195
Salaries, compensation and benefits (total)
$680,560
Professional fundraising fees
$109,551
Legal fees
$38,255
Occupancy
$82,253
Travel
$14,592
Depreciation
$33
Program services (functional)
$1,108,190
Management and general (functional)
$281,476
Fundraising (functional)
$111,058

Balance sheet and other

Total assets, start of year
$1,104,062
Total assets, end of year
$952,790
Total liabilities, end of year
$963,476
Net assets, end of year
-$10,686
Land, buildings and equipment
$1,145
Net assets without donor restrictions
-$10,686
Gross receipts
$1,441,256
Employees
38
Volunteers
0
Year formed
2002
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
LYNN PARKERSONFOUNDING ARTISTIC DI
Trustee or director, Officer
40$102,000
DIARRA K LAMAR MDCHAIRMAN
Trustee or director, Officer
10$0
GUY DORSAINVIL IITREASURER
Trustee or director, Officer
10$0
DOUGLAS APPLEBOARD MEMBER
Trustee or director
10$0
ELENA BONIFACIOBOARD MEMBER
Trustee or director
10$0
BRETT CAROSELLIBOARD MEMBER
Trustee or director
10$0
CHRISTINA PRUSAK CHIANESEBOARD MEMBER
Trustee or director
10$0
ELENA LINBOARD MEMBER
Trustee or director
10$0
THERESA SCHIEBERBOARD MEMBER
Trustee or director
10$0
MILI SHAH REDDYBOARD MEMBER
Trustee or director
10$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensation
LYNN PARKERSONFOUNDING ART
Trustee or director, Officer
40$99,750
DOUGLAS APPLEBOARD MEMBER
Trustee or director
10$0
ELENA BONIFACIOBOARD MEMBER
Trustee or director
10$0
BRETT CAROSELLIBOARD MEMBER
Trustee or director
10$0
CHRISTINA PRUSAK CHIANESEBOARD MEMBER
Trustee or director
10$0
MEREDITH HUNTBOARD MEMBER
Trustee or director
10$0
GUY DORSAINVIL IITREASURER
Trustee or director
10$0
ALLEN KRAUSBOARD DIRECT
Trustee or director
10$0
ELENA LINBOARD MEMBER
Trustee or director
10$0
DIARRA K LAMAR MDCHAIRMAN
Trustee or director
10$0
MILI SHAH REDDYBOARD MEMBER
Trustee or director
10$0
ANTONIO REYNOSOBOARD MEMBER
Trustee or director
10$0
THERESA SCHIEBERBOARD MEMBER
Trustee or director
10$0
ANNABELLE ZHUNOBOARD MEMBER
Trustee or director
10$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
LYNN PARKERSONFOUNDING ART
Trustee or director
40$86,250
DOUGLAS APPLEBOARD MEMBER
Trustee or director
10$0
ELENA BONIFACIOBOARD MEMBER
Trustee or director
10$0
BRETT CAROSELLIBOARD MEMBER
Trustee or director
10$0
CHRISTINA PRUSAK CHIANESEBOARD MEMBER
Trustee or director
10$0
ANNE GLUSKERBOARD MEMBER
Trustee or director
10$0
MEREDITH HUNTBOARD MEMBER
Trustee or director
10$0
GUY DORSAINVIL IITREASURER
Trustee or director
10$0
ALLEN KRAUSBOARD DIRECT
Trustee or director
10$0
ELENA LINBOARD MEMBER
Trustee or director
10$0
DIARRA K LAMAR MDCHAIRMAN
Trustee or director
10$0
MARYAM NAJAMBOARD MEMBER
Trustee or director
10$0
MILI SHAH REDDYBOARD MEMBER
Trustee or director
10$0

Address and contacts

Address (IRS master file)
160 SCHERMERHORN STREET, BROOKLYN, NY 11201-5988
Mailing address (990-N for 2016)
160 SCHERMERHORN STREET, BROOKLYN NY 11201
Principal officer (990 for 2025)
LYNN PARKERSON, 160 SCHERMERHORN STREET, BROOKLYN, NY 11201
Principal officer (990-N for 2016)
LYNN PARKERSON, 160 SCHERMERHORN ST, BROOKLYN NY 11201
Signed the 990
LYNN PARKERSON, FOUNDING ARTISTIC DIRECTOR
Phone
(718) 246-0146
Return prepared by
GMA & ASSOCIATES LLC

Mission

BROOKLYN BALLET IS A NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO PROMOTE ARTISTIC EXCELLANCE AND EDUCTION FOR BROOKLYN, NEW YORK'S DIVERSE COMMUNITIES.

990 for the year ended December 31, 2025

Program accomplishments

  • BROOKLYN BALLET'S ACCOMPLISHMENTS INCLUDED INNOVATIVE THEATRICAL PRODUCTIONS SUCH AS THE BROOKLYN NUTCRACKER AND NIGHT/LIFE, AS WELL AS A PERFORMANCE RESIDENCY AT THE NORTH FORK ARTS CENTER AND FREE PERFORMANCES AT STREET FESTIVALS AND COMMUNITY EVENTS THROUGHOUT THE YEAR. OUR SCHOOL OFFERED MORE THAN 35 WEEKLY CLASSES IN BALLET AND OTHER DANCE FORMS, IN ADDITION TO SUMMER CAMPS, A SUMMER INTENSIVE, AND MASTER CLASSES. THROUGH PARTNERSHIPS WITH 15 PUBLIC SCHOOLS AND SENIOR CENTERS, OUR FREE ELEVATE PROGRAM POSITIVELY IMPACTED MORE THAN 2,000 STUDENTS IN 2025.
    Expenses $1,108,190

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
02-0569320
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$952,790
Income (IRS master file)
$1,441,256

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,441,256$1,500,724$952,790XML
990December 2024$1,204,341$1,395,612$1,104,062XML
990December 2023$1,186,591$1,635,471$1,402,534XML
990December 2022$1,292,591$1,068,405$1,082,162IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2016
Officer: LYNN PARKERSON
December 31, 2016≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0569320).

Questions about BROOKLYN BALLET INC

What is the EIN of BROOKLYN BALLET INC?
The employer identification number (EIN) of BROOKLYN BALLET INC is 02-0569320.
Is BROOKLYN BALLET INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to BROOKLYN BALLET INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BROOKLYN BALLET INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BROOKLYN BALLET INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BROOKLYN BALLET INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of BROOKLYN BALLET INC?
The 990 for the year ended December 31, 2025 names LYNN PARKERSON.
Who are the officers and directors of BROOKLYN BALLET INC?
The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $102,000 (LYNN PARKERSON, FOUNDING ARTISTIC DI).
How much revenue does BROOKLYN BALLET INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,441,256, expenses of $1,500,724 and total assets of $952,790 at year end.

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