Nonprofit · EIN 51-0394850
FIRST STATE BALLET THEATRE INC
Tax-exempt · WILMINGTON, DE 19801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $998,554 | $1,017,186 | -$18,632 | $1,002,076 | $0 | $1,002,076 |
| December 31, 2023 | 990 | $1,147,516 | $812,831 | $334,685 | $1,020,708 | $0 | $1,020,708 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $397,506
- of which government grants
- $117,457
- Program service revenue
- $475,091
- Investment income
- $34,860
- Net income from fundraising events
- $8,576
- Other revenue
- $91,097
Expenses
- Grants and similar amounts paid
- $25,062
- Compensation of officers, directors and key employees
- $149,379
- Other salaries and wages
- $425,058
- Salaries, compensation and benefits (total)
- $618,595
- Professional fundraising fees
- $0
- Accounting fees
- $8,700
- Occupancy
- $67,631
- Travel
- $13,567
- Depreciation
- $8,229
- Program services (functional)
- $893,468
- Management and general (functional)
- $90,742
- Fundraising (functional)
- $32,976
Balance sheet and other
- Total assets, start of year
- $1,020,708
- Total assets, end of year
- $1,002,076
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,002,076
- Land, buildings and equipment
- $138,997
- Net assets without donor restrictions
- $640,576
- Net assets with donor restrictions
- $361,500
- Gross unrelated business income
- $5,750
- Gross receipts
- $1,000,304
- Employees
- 44
- Volunteers
- 38
- Year formed
- 2000
- State of legal domicile
- DE
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 | Other / benefits |
|---|---|---|---|---|
| KRISTINA KAMBALOV | EXECUTIVE DIRECTOR, EX OFF Trustee or director, Officer | 40 | $63,825 | $12,316 |
| PASHA KAMBALOV | ARTISTIC DIRECTOR, EX OFFI Trustee or director, Officer | 40 | $59,245 | $13,993 |
| FRANK O'BARA | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| MICHELE HUNTER | VICE PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| PETER ZOLTOWSKI | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BRANDON BRICE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER CAMPBELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARISA FACCIOLO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEANN HAMILTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LT COLONEL JEROME ROGERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHANIE SMITH-CHRISTIANO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE P YEAGER ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISTINA KAMBALOV | EXECUTIVE DIRECTOR, EX OFF Trustee or director, Officer | 40 | $56,960 | $9,752 |
| PASHA KAMBALOV | ARTISTIC DIRECTOR, EX OFFI Trustee or director, Officer | 40 | $54,300 | $11,647 |
| FRANK O'BARA | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| MICHELE HUNTER | VICE PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| KARYN LAMB | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PETER ZOLTOWSKI | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BRANDON BRICE | DIRECTOR (SINCE 5/2023) Trustee or director | 1 | $0 | $0 |
| PETER CAMPBELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARISA FACCIOLO | DIRECTOR (SINCE 2/2023) Trustee or director | 1 | $0 | $0 |
| LEANN MYERS | DIRECTOR (SINCE 5/2023) Trustee or director | 1 | $0 | $0 |
| LT COLONEL JEROME ROGERS | DIRECTOR (SINCE 5/2023) Trustee or director | 1 | $0 | $0 |
| STEPHANIE SMITH-CHRISTIANO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE P YEAGER ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 818 NORTH MARKET STREET, WILMINGTON, DE 19801-3087
- In care of
- % KHRISTINA DIPPEL
- Principal officer (990 for 2024)
- PETER ZOLTOWSKI, 818 N MARKET STREET, WILMINGTON, DE 19801
- Signed the 990
- PETER ZOLTOWSKI, TREASURER
- Phone
- (302) 633-1577
- Website
- WWW.FIRSTSTATEBALLET.ORG
- Return prepared by
- BONADIO & CO LLP
Mission
TO PRESENT BALLET BOLDLY TO DELAWARE, TO ENRICH OUR COMMUNITY WITH LIVE PROFESSIONAL PERFORMANCES, TO INSPIRE AND EDUCATE DANCERS AND AUDIENCES OF THE FUTURE, AND TO CONNECT LOCAL YOUTH WITH A CREATIVE, INCLUSIVE MOVEMENT EXPERIENCE.
Program accomplishments
- PERFORMANCES:FIRST STATE BALLET THEATRE IS DELAWARE'S ONLY PROFESSIONAL BALLET COMPANY AND SERVES THOUSANDS OF DELAWAREANS EACH YEAR THROUGH OUR PERFORMANCES, OUR SCHOOL, AND OUR OUTREACH PROGRAMS. FSBT'S PERFORMING ARTISTS COME FROM AROUND THE WORLD TO DANCE IN OUR MAINSTAGE SEASON AT THE GRAND OPERA HOUSE AND OTHER PERFORMANCES STATEWIDE.Expenses $530,497 · revenue $231,969
- EDUCATION, TRAINING AND OUTREACH:THE SCHOOL OF FIRST STATE BALLET THEATRE IS DELAWARE'S LEADER IN CLASSICAL BALLET TRAINING, WITH LOCATIONS IN WILMINGTON AND MIDDLETOWN. EACH YEAR, WE BRING INTERNATIONALLY-RECOGNIZED ARTISTS TO DELAWARE TO TEACH OUR ACCLAIMED PROGRAMS. IN 2019, FSBT CREATED THE NATIONAL BALLET COMPETITION, WHICH AWARDS THOUSANDS OF DOLLARS IN SCHOLARSHIPS FOR ASPIRING DANCERS TO PRESTIGIOUS SUMMER PROGRAMS AROUND THE COUNTRY. FSBT'S OUTREACH PROGRAMS SERVE THOUSANDS OF DELAWAREANS WITH LOW-COST OR FREE DANCE INSTRUCTION AND LECTURE-DEMONSTRATIONS IN SCHOOLS AND COMMUNITY CENTERS STATEWIDE.Expenses $362,971 · grants $25,062 · revenue $320,915
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
- 51-0394850
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A63)
- Assets (IRS master file)
- $1,002,076
- Income (IRS master file)
- $1,000,304
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $998,554 | $1,017,186 | $1,002,076 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,147,516 | $812,831 | $1,020,708 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $569,448 | $761,672 | $686,022 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 51-0394850).
Questions about FIRST STATE BALLET THEATRE INC
- What is the EIN of FIRST STATE BALLET THEATRE INC?
- The employer identification number (EIN) of FIRST STATE BALLET THEATRE INC is 51-0394850.
- Is FIRST STATE BALLET THEATRE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to FIRST STATE BALLET THEATRE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FIRST STATE BALLET THEATRE 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 FIRST STATE BALLET THEATRE 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 FIRST STATE BALLET THEATRE 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 FIRST STATE BALLET THEATRE INC?
- The 990 for the year ended December 31, 2024 names PETER ZOLTOWSKI.
- Who are the officers and directors of FIRST STATE BALLET THEATRE INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 2 received compensation from the organization, the highest $63,825 (KRISTINA KAMBALOV, EXECUTIVE DIRECTOR, EX OFF).
- How much revenue does FIRST STATE BALLET THEATRE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $998,554, expenses of $1,017,186 and total assets of $1,002,076 at year end.
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