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Nonprofit · EIN 20-3460356

ELLISON BALLET FOUNDATION INC

Tax-exempt · NEW YORK, NY 10023

Financials

$1.6M$1.8M2023$2.2M$2M2024
Revenue Expenses · by fiscal year end
Financials of ELLISON BALLET FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,225,007$2,021,010$203,997$786,678$255,123$531,555
December 31, 2023990$1,568,831$1,814,188-$245,357$581,873$254,315$327,558
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$40,627
Program service revenue
$2,158,372
Investment income
$26,008
Net gain from sales of assets
$9,622
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$157,672
Other salaries and wages
$425,458
Salaries, compensation and benefits (total)
$630,286
Professional fundraising fees
$0
Legal fees
$24,560
Accounting fees
$12,163
Occupancy
$353,810
Travel
$73,764
Program services (functional)
$2,021,010

Balance sheet and other

Total assets, start of year
$581,873
Total assets, end of year
$786,678
Total liabilities, end of year
$255,123
Net assets, end of year
$531,555
Publicly traded securities
$414,804
Gross receipts
$3,086,917
Employees
9
Year formed
2005
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
EDWARD ELLISONPRESIDENT
Trustee or director, Officer
40$157,672
ARI HOCHBERGDIRECTOR
Trustee or director
2$0
ELIZABETH WOLSTEINDIRECTOR
Trustee or director
2$0
SUSAN ELEYDIRECTOR
Trustee or director
2$0
HELENE PANGALOSDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
EDWARD ELLISONPRESIDENT
Trustee or director, Officer
40$160,656
DIANE STASIOSECRETARY
Trustee or director, Officer
40$101,166
ARI HOCHBERGDIRECTOR
Trustee or director
2$0
ELIZABETH WOLSTEINDIRECTOR
Trustee or director
2$0
SUSAN ELEYDIRECTOR
Trustee or director
2$0
HELENE PANGALOSDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
248 W 60TH ST, NEW YORK, NY 10023-7403
In care of
% ADMINISTRATIVE TAX SERVICES LLC
Principal officer (990 for 2024)
EDWARD ELLISON, 248 WEST 60 ST, NEW YORK, NY 10023
Signed the 990
EDWARD ELLISON, PRESIDENT
Phone
(646) 385-8485
Return prepared by
THOMAS E GOUGH CPA

Mission

TO PROVIDE PROFESSIONAL BALLET EDUCATION TO STUDENTS TO PREPARE THEM FOR A PROFESSIONAL CAREER

990 for the year ended December 31, 2024

Program accomplishments

  • To provide a professional education in ballet
    Expenses $2,021,010 · revenue $2,158,372

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-3460356
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B30)
Assets (IRS master file)
$786,678
Income (IRS master file)
$3,086,917

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,225,007$2,021,010$786,678IRS
990December 2023$1,568,831$1,814,188$581,873XML
990December 2022$1,671,970$1,835,037$745,307IRS
990December 2021–––IRS
990December 2020–––IRS
990June 2019–––IRS

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 20-3460356).

Questions about ELLISON BALLET FOUNDATION INC

What is the EIN of ELLISON BALLET FOUNDATION INC?
The employer identification number (EIN) of ELLISON BALLET FOUNDATION INC is 20-3460356.
Is ELLISON BALLET FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to ELLISON BALLET FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ELLISON BALLET FOUNDATION 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 ELLISON BALLET FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ELLISON BALLET FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ELLISON BALLET FOUNDATION INC?
The 990 for the year ended December 31, 2024 names EDWARD ELLISON.
Who are the officers and directors of ELLISON BALLET FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $157,672 (EDWARD ELLISON, PRESIDENT).
How much revenue does ELLISON BALLET FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,225,007, expenses of $2,021,010 and total assets of $786,678 at year end.

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