Ballet Rhode Island FY2023 filing

Tax-deductible

Providence, RI501(c)(3)Since 1983Arts & CultureEIN 05-0377245Revenue $2.2M in FY2023

On file with the IRSballetri.org825 Hope St, 02906-3750 · Providence, RITax-exempt since Aug 1978Publicly supported — 509(a)(2)

Tell your story. Claim this org

Our mission is to thrill and move our audiences, dancers, choreographers, supporters and staff with art and discipline. Our vision is to continuously increase in passion and artistic excellence and strength, acheiving national and international recognition as a creative force in dance.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$103K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $129K a year · 6% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$103K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $157K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$643K
39% of total assets
Looks good: liabilities are 39% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 16 voting members
Looks good: 15 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.2M
-2% vs prior year
Spent
$2.2M
To programs
73%
Net assets
$995K
By yearFY2020–FY2025
Revenue
$2.2M
FY2023▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$2.3M
FY2022$2.2M
FY2023$2.2M
FY2024$2.2M
FY2025$2.5M
Expenses
$2.2M
FY2023▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$1.3M
FY2022$1.9M
FY2023$2.2M
FY2024$2.6M
FY2025$2.6M
Net assets
$995K
FY2023▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2020−$230K
FY2021$763K
FY2022$1.0M
FY2023$995K
FY2024$686K
FY2025$595K

From the FY2023 Form 990 (year ending August 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1978.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $1.6M Management & general 22% · $483K Fundraising 6% · $127K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

16 people listed on the 990; $103K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Dir/Nonvoting Di
$103,266Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kathleen Breen Combes’s $112K as Executive Dir/Nonvoting Di is at the 41st percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kathleen Breen Combes$111,532$104,504$103,266$77,493$65,917$30,049
Mihailo Djuric—————$68,935

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Ballet Rhode Island executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Inspires audiences and dancers through artistic excellence and discipline in dance.

Questions for Ballet Rhode Island

Tap to ask. Ballet Rhode Island sees how many people are interested.

Your first name shows with your question. Ballet Rhode Island answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $1.6M · in their own filed words · FY2022
01

During the 2022-2023 season, festival ballet providence produced a full season of performances at four venues: the vets, woodman center, the united theatre in westerly, and its own black box theater. The performances marked the company's expansion to a full season of programming similar in scope to pre-covid 19 seasons.

$1.2Mprogram expense
02

During the 2022-2023 academic year, the festival ballet providence school continued to grow and expand its operations, offering a wider variety of classes and experiences. The school continued its work through the all course network as an accredited school of the ri dept of education, allowing for dance students to receive subsidized…

$367Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.2M
Ln 12
Fees for servicesLn 2g$1.6M
Gifts and grantsLn 1h$409K
Other incomeLn 4–11$175K
Money outPt IX
$2.2M
Ln 25
Programscol B$1.6M
Managementcol C$483K
Fundraisingcol D$127K
Owns and owesPt X
$995K
net assets · Ln 32
Cash and savingsLn 1–2$569K
Total assetsLn 16$1.6M
LiabilitiesLn 26$643K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a16
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$409K
Government grantsLn 1e$39K
Fees for servicesLn 2g$1.6M
Investment incomeLn 3$8K
Other incomeLn 4–11$175K
Gains on assetsLn 7$154
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
CashLn 1$569K
Cash and savings togetherLn 1–2$569K
InvestmentsLn 11–13$402K
Land, buildings, equipmentLn 10c$597K
Other assetsLn 15$10K
Total assetsLn 16$1.6M
LiabilitiesLn 26$643K
Net assetsLn 32$995K
OperationsPt I, VI
EmployeesI 560
VolunteersI 647
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$522K$569K
InvestmentsLn 11–13$357K$402K
Land, buildings, equipmentLn 10c$660K$597K
Total assetsLn 16$1.7M$1.6M
LiabilitiesLn 26$705K$643K
Net assetsLn 32$1.0M$995K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$974K$550K$319K$105K
Other employee benefitsLn 9$34K$18K$13K$3K
Payroll taxesLn 10$120K$74K$37K$9K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$45K$45K
Investment management feesLn 11f$4K$4K
Other fees for servicesLn 11g$12K$8K$3K$839
Advertising and promotionLn 12$145K$145K
Office expensesLn 13$13K$13K
TravelLn 17$14K$14K
InterestLn 20$21K$21K
Depreciation, depletion and amortizationLn 22$105K$79K$21K$5K
InsuranceLn 23$27K$23K$3K$724
Other expenses (24a–d)Ln 24$602K$595K$5K$1K
All other expensesLn 24e$99K$83K$15K$1K
Total functional expensesLn 25$2.2M$1.6M$483K$127K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.5M$2.6M−$110K$595K 990 PDF
FY2024 $2.2M$2.6M−$386K$686K 990 PDF
FY2023 Viewing $2.2M$2.2M−$44K$995K 990 PDF
FY2022 $2.2M$1.9M$288K$1.0M 990 PDF
FY2021 $2.3M$1.3M$993K$763K 990 PDF
FY2020 $1.5M$1.5M$31K−$230K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $2,175,508 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $847,252$409,472
I-9 Program service revenuePrior year $1,247,493$1,583,093
I-10 Investment incomePrior year $1,941$8,309
I-11 Other revenuePrior year $126,454$174,634
I-12 Total revenuePrior year $2,223,140$2,175,508
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,029,245$1,128,152
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $905,413$1,091,367
I-18 Total expensesPrior year $1,934,658$2,219,519
I-19 Revenue less expensesPrior year $288,482−$44,011
Part VI · Governance 15 of 16 board members independent, 2 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,175,508 across 10 lines filed
Lines not itemized here account for $94,647 of total revenue; see the IRS return.
VIII-1e Government grants$38,619
VIII-1f All other contributions, gifts and grants$370,853
VIII-1h Total contributions, gifts and grants$409,472
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,583,093$1,583,093
VIII-3 Investment incomeExcluded from tax $8,155$8,155
VIII-6 Net rental income or lossRelated to mission $5,074$5,074
VIII-7 Net gain or loss on sales of assetsRelated to mission $154$154
VIII-8 Net income from fundraising eventsExcluded from tax $22,322$22,322
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $52,591$52,591
VIII-12 Total revenueRelated to mission $1,735,559 · Unrelated business $0 · Excluded from tax $30,477$2,175,508
Part IX · Statement of functional expenses $2,219,519 across 15 lines filed
IX-7 Other salaries and wagesPrograms $550,492 · Management $318,704 · Fundraising $104,779$973,975
IX-9 Other employee benefitsPrograms $18,338 · Management $12,519 · Fundraising $3,130$33,987
IX-10 Payroll taxesPrograms $73,861 · Management $37,063 · Fundraising $9,266$120,190
IX-11b Legal feesManagement $4,851$4,851
IX-11c Accounting feesManagement $45,426$45,426
IX-11f Investment management feesManagement $3,591$3,591
IX-11g Other fees for servicesPrograms $7,964 · Management $3,357 · Fundraising $839$12,160
IX-12 Advertising and promotionPrograms $144,818$144,818
IX-13 Office expensesManagement $12,911$12,911
IX-17 TravelPrograms $13,777$13,777
IX-20 InterestPrograms $20,649$20,649
IX-22 Depreciation, depletion and amortizationPrograms $78,879 · Management $21,034 · Fundraising $5,259$105,172
IX-23 InsurancePrograms $23,229 · Management $2,896 · Fundraising $724$26,849
IX-24 Other expenses (24a–d)Programs $595,426 · Management $5,474 · Fundraising $1,191$602,091
IX-24e All other expensesPrograms $82,727 · Management $14,901 · Fundraising $1,444$99,072
IX-25 Total functional expensesPrograms $1,610,160 · Management $482,727 · Fundraising $126,632$2,219,519
Part X · Balance sheet $1,637,986 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $522,187$568,713
X-4 Accounts receivableStart of year $143,194$12,157
X-9 Prepaid expenses and deferred chargesStart of year $31,778$47,919
X-10c Land, buildings and equipment, netStart of year $660,386$597,243
X-11 Publicly traded securitiesStart of year $357,110$391,428
X-12 Other securities$10,263
X-15 Other assets$10,263
X-16 Total assetsStart of year $1,714,655$1,637,986
X-17 Accounts payable and accrued expensesStart of year $63,761$50,771
X-19 Deferred revenueStart of year $151,120$116,633
X-25 Other liabilitiesStart of year $0$10,263
X-26 Total liabilitiesStart of year $705,408$643,151
X-27 Net assets without donor restrictionsStart of year $920,197$872,175
X-28 Net assets with donor restrictionsStart of year $89,050$122,660
X-32 Total net assets or fund balancesStart of year $1,009,247$994,835
X-33 Total liabilities and net assetsStart of year $1,714,655$1,637,986
Part XI · Reconciliation of net assets $994,835 net assets at year end
XI-1 Total revenue$2,175,508
XI-2 Total expenses$2,219,519
XI-3 Revenue less expenses−$44,011
XI-4 Net assets at start of year$1,009,247
XI-5 Net unrealized gains (losses) on investments$29,599
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$994,835

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.