Nonprofit · EIN 45-3021279
BALLETCOLLECTIVE INC
Tax-exempt · NEW YORK, NY 10040
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $589,115 | $627,609 | -$38,494 | $1,551,490 | $7,826 | $1,543,664 |
| December 31, 2023 | 990 | $886,047 | $859,150 | $26,897 | $1,562,756 | $250 | $1,562,506 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $411,636
- Program service revenue
- $106,169
- Investment income
- $69,496
- Net gain from sales of assets
- $9,030
- Other revenue
- $1,814
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $135,000
- Salaries, compensation and benefits (total)
- $140,040
- Professional fundraising fees
- $0
- Legal fees
- $3,136
- Accounting fees
- $9,391
- Occupancy
- $33,840
- Travel
- $32,048
- Program services (functional)
- $480,525
- Management and general (functional)
- $116,607
- Fundraising (functional)
- $30,477
Balance sheet and other
- Total assets, start of year
- $1,562,756
- Total assets, end of year
- $1,551,490
- Total liabilities, end of year
- $7,826
- Net assets, end of year
- $1,543,664
- Publicly traded securities
- $1,392,592
- Net assets without donor restrictions
- $1,533,965
- Net assets with donor restrictions
- $9,699
- Gross receipts
- $1,423,877
- Employees
- 1
- Volunteers
- 8
- Year formed
- 2011
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TROY SCHUMACHER | ARTISTIC DIRECTOR Trustee or director, Officer | 30 | $75,000 |
| CARA LONERGAN | EXECUTIVE DIRECTOR Officer | 40 | $60,000 |
| KARIN KINGSLEY | CHAIR Trustee or director, Officer | 0.5 | $0 |
| STEPHEN REIDY | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| SHANNON CASPERSEN | DIRECTOR Trustee or director | 0.5 | $0 |
| ELISSA KRAMER | DIRECTOR Trustee or director | 0.5 | $0 |
| ASHLEY LARACEY | DIRECTOR Trustee or director | 0.5 | $0 |
| ERIC LEE | DIRECTOR Trustee or director | 0.5 | $0 |
| CLAIRE MANN | DIRECTOR Trustee or director | 0.5 | $0 |
| SARA JANE MERCER | DIRECTOR Trustee or director | 0.5 | $0 |
| CAROLE POSTAL | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TROY SCHUMACHER | ARTISTIC DIRECTOR Trustee or director, Officer | 30 | $69,400 |
| KARIN KINGSLEY | CHAIR Trustee or director, Officer | 0.5 | $0 |
| STEPHEN REIDY | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| ASHLEY LARACEY | DIRECTOR Trustee or director | 0.5 | $0 |
| ERIC LEE | DIRECTOR Trustee or director | 0.5 | $0 |
| CARA LONERGAN | DIRECTOR Trustee or director | 0.5 | $0 |
| ELISSA KRAMER | DIRECTOR Trustee or director | 0.5 | $0 |
| CLAIRE MANN | DIRECTOR Trustee or director | 0.5 | $0 |
| SARA JANE MERCER | DIRECTOR Trustee or director | 0.5 | $0 |
| CAROLE POSTAL | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 720 FORT WASHINGTON AVE APT 4J, NEW YORK, NY 10040-3724
- Principal officer (990 for 2024)
- TROY SCHUMACHER, 720 FORT WASHINGTON AVENUE 4J, NEW YORK, NY 10040
- Signed the 990
- TROY SCHUMACHER, PRESIDENT
- Phone
- (646) 337-1254
- Website
- WWW.BALLETCOLLECTIVE.COM
- Return prepared by
- LUTZ AND CARR CPAS LLP
Mission
THE ORGANIZATION WAS FORMED TO PROMOTE AND FOSTER THE ARTS, PARTICULARLY THE BALLET, THROUGH PERFOMANCE AND PUBLIC EDUCATION, WITH A PARTICULAR EMPHASIS ON AN INTEGRATION OF VARIOUS ART FORMS, INCLUDING DANCE, MUSIC, THE VISUAL ARTS, AND WRITTEN AND SPOKEN WORD.
Program accomplishments
- IN 2024, BALLETCOLLECTIVE PRESENTED ITS 13TH CREATIVE SEASON, THE ENTRANCE IS THE EXIT, AT TRINITY COMMONS IN NEW YORK CITY, PREMIERING TWO NEW BALLETS AND REVIVING ONE WORK. BALLETCOLLECTIVE COMPLETED AND RELEASED THE ALBUM OF THE NIGHT FALLS, OUR MULTIDISCIPLINARY PRODUCTION DEVELOPED IN 2023. THE ORGANIZATION ALSO COMPLETED ITS 10TH ANNUAL SUMMER RESIDENCY IN MILLBROOK, NY, SUPPORTING ARTISTS IN THE CREATION OF NEW WORK. COMMUNITY ENGAGEMENT INCLUDED FREE PROGRAMS IN AMENIA AND POUGHKEEPSIE, EXPANDING ACCESS TO DANCE AND MUSIC FOR LOCAL RESIDENTS. THESE ACTIVITIES FURTHERED BALLETCOLLECTIVE'S MISSION TO CREATE AND SHARE NEW COLLABORATIVE, BALLET-BASED WORKS.Expenses $480,525 · revenue $106,169
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-3021279
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A63)
- Assets (IRS master file)
- $1,551,490
- Income (IRS master file)
- $1,423,877
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $589,115 | $627,609 | $1,551,490 | IRS |
| 990 | December 2023 | $886,047 | $859,150 | $1,562,756 | XML |
| 990 | December 2022 | $430,180 | $433,758 | $1,580,535 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 45-3021279).
Questions about BALLETCOLLECTIVE INC
- What is the EIN of BALLETCOLLECTIVE INC?
- The employer identification number (EIN) of BALLETCOLLECTIVE INC is 45-3021279.
- Is BALLETCOLLECTIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to BALLETCOLLECTIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BALLETCOLLECTIVE 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 BALLETCOLLECTIVE 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 BALLETCOLLECTIVE 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 BALLETCOLLECTIVE INC?
- The 990 for the year ended December 31, 2024 names TROY SCHUMACHER.
- Who are the officers and directors of BALLETCOLLECTIVE INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $75,000 (TROY SCHUMACHER, ARTISTIC DIRECTOR).
- How much revenue does BALLETCOLLECTIVE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $589,115, expenses of $627,609 and total assets of $1,551,490 at year end.
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