Metropolitan Ballet Theatre INC EIN 58-2401393

Metropolitan Ballet Theatre INC

EIN  58-2401393 Public charity (501(c)(3)) Alpharetta, GA
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Size
$100K–1M
What they do
Trains young people to dance and offers public performances.
Leadership
Maniya Barredo · Artistic Director · $35K
Money in and out
$275K revenue, $282K expenses
Bottom line
95% program efficiency

Trains young people to dance and offers public performances. For fiscal year 2025 it reported $275K in revenue, $282K in expenses, and $137K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$275K
Pt VIII · Ln 12
Total expenses
$282K
Pt IX · Ln 25
Net assets
$137K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$7K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05
Program efficiency
95%
of spending reaches programs0% vs prior filing year
Operating runway
4.9mo
months of highly liquid reserves at operating expense rate▼ -17% vs prior filing year
Surplus margin
-2%
revenue over expenses, this year▼ -114% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$275K
FY2025▼ -16%
Expenses
$282K
FY2025▲ +5%
Total assets
$178K
FY2025▼ -9%
Total liabilities
$42K
FY2025▼ -20%
Total revenue
$275K
Pt VIII · Ln 12
Total expenses
$282K
Pt IX · Ln 25
Net assets
$137K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$7K
Total assetsPt X · Ln 16$178K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services account for $267K of program spending, described in the organization's own filed words · FY2024.
01

Trained over 50 young dancers in the art of classical ballet to promote excellence based upon the highest standards of professionalism and integrity and provide the youth with life long values

$247Kprogram expense
02

Produced ballet performance to build commmunity relationships through public performances including outreach to schools, nursing homes and assisted living centers. These performances reached audiences of an estimated 5000 persons

$21Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMetropolitan Ballet Theatre INC
EINHdr · item D58-2401393
Principal addressHdr · item CAlpharetta, GA
WebsiteHdr · item Jwww.metropolitanballet.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A63)
Ruling yearIRS BMFSep 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Artistic Director
$35,184Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Maniya Barredo’s $35K as Artistic Director is at the 30th percentile of top reported officer pay among 2213 $100K–1M 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Maniya Barredo$35,184$31,684$31,684$50,375$66,358

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.

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Statement of Revenue

Part VIII
Program service revenue$228K · 83%
Contributions & grants$44K · 16%
Investment income$4K · 1%
Program service revenue83%$228K
Contributions & grants16%$44K
Investment income1%$4K
— government grantsLn 1e$18K
Total revenueLn 12$275K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$267K
Management & general5%$15K
Total functional expensesLn 25$282K

Balance Sheet

Part X · end of year
CashLn 1$115K
Total assetsLn 16$178K
Total liabilitiesLn 26$42K
Total net assetsLn 32$137K
Months of cash on handcomputed4.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $115K · Operating expenses/yr $282K
4.9 months
Where the money goes
Program services
Program services $267K · Total expenses $282K
95%
Management & General
Management & general $15K · Total expenses $282K
5%
Fundraising
Fundraising $0 · Total expenses $282K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $42K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $44K · Total revenue $275K
16%
Government reliance
Government grants $18K · Total revenue $275K
6%
Earned-income share
Program service revenue $228K · Total revenue $275K
83%
Investment reliance
Investment income $4K · Total revenue $275K
+1%
Program self-sufficiency
Program service revenue $228K · Total expenses $282K
81%
Growth & trend
Revenue growth (YoY)
This year $275K · Prior year $326K
-16%
Revenue CAGR
FY2020 $122K · FY2024 $275K
+22%
Net-asset trend (YoY)
End of year $137K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $275K · Expenses $282K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $178K
Net-asset ratio
Net assets $137K · Total assets $178K
77%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $178K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Maniya Barredo · Reported title Artistic Director · Highest reported compensation $35K · Total expenses $282K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $109K · Total expenses $282K
39%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Fundraising cost ratio 0%
Revenue growth -16%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$129K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$275K revenue · viewing · ⤓ 990 PDF
FY2024$326K revenue · ⤓ 990 PDF
FY2023$263K revenue · ⤓ 990 PDF
FY2022$201K revenue · ⤓ 990 PDF
FY2021$122K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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