St Augustine Ballet INC EIN 80-0573180 Form 990 (PDF) Claim this org

St Augustine Ballet INC FY2024 filing

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Teaches dance skills, fostering respect and responsibility through performances for the community. For fiscal year 2024 it reported $294K in revenue, $330K in expenses, and $-28K in net assets.Pt I

Founded
2010
Type
Public charity (501(c)(3)) · Nonprofit
Location
Saint Augustine, FL
Website
www.saintaugustineballet.org
Filings
6 on file (2020–2024)
Revenue
$294KFY2024
Expenses
$330K
Net assets
$-28K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  80-0573180 Public charity (501(c)(3)) Saint Augustine, FL Founded 2010
Form 990 (PDF)
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Size
$100K–1M
What they do
Teaches dance skills, fostering respect and responsibility through performances for the community.
Leadership
Luis Abella · Director · $78K
Money in and out
$294K revenue, $330K expenses
Bottom line
46% program efficiency
Where the money goes · FY2024
Total revenue
$294K
Pt VIII · Ln 12
Total expenses
$330K
Pt IX · Ln 25
Net assets
$-28K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$36K
Where spending went · Part IX cols B–D
Program services $0.46 Management & general $0.54
Program efficiency
46%
of spending reaches programs
Operating runway
0.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$294K
FY2024▼ -10%
Expenses
$330K
FY2024▲ +10%
Total assets
$46K
FY2024▼ -36%
Total liabilities
$74K
FY2024▲ +15%
Total revenue
$294K
Pt VIII · Ln 12
Total expenses
$330K
Pt IX · Ln 25
Net assets
$-28K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$36K
Total assetsPt X · Ln 16$46K
Program-expense ratioPt IX · col B46%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSt Augustine Ballet INC
EINHdr · item D80-0573180
Principal addressHdr · item CSaint Augustine, FL
WebsiteHdr · item Jwww.saintaugustineballet.org
Year of formationHdr · item L2010
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 2012

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 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$77,600Pt VII · Sec A
$11,121Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Luis Abella$77,600$68,800$67,452$26,828
Luis Abella$68,900
Patricia Santamarina$11,168$29,812
Marite Fuentes$11,121$9,418
Robert O'Leary$2,600
Diana Gomez$1,500

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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Mission & Programs · Part III

Where the work happens

3 program services account for $144K of program spending, described in the organization's own filed words · FY2024.
01

St. Augustine Ballets 16th Annual Nutcracker was successfully completed. The Dates and times of the performance were Dec 20th @ 7pm Dec 21st 1:30 and 7:00 PM and Dec 22nd at 2:00 PM. There were approximately 2,421 attendees 39% were out of the county for all four shows.

$83Kprogram expense
02

The ballet presented "Snow White" for the Spring performance. It was held on May 11th 1:30 and 7:00 PM. There were approximately 519 attendees.

$37Kprogram expense
03

The St. Augustine Ballet presented a new show Dracula October 12th at 7:00 PM and 13th at 2:00 PM. There were approximately 459 attendees.

$24Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$155K · 53%
Other revenue$101K · 34%
Contributions & grants$38K · 13%
Program service revenue53%$155K
Other revenue34%$101K
Contributions & grants13%$38K
Total revenueLn 12$294K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.46 Management & general $0.54
Program services46%$151K
Management & general54%$178K
Total functional expensesLn 25$330K

Balance Sheet

Part X · end of year
CashLn 1$16K
Total assetsLn 16$46K
Total liabilitiesLn 26$74K
Total net assetsLn 32$-28K
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $16K · Operating expenses/yr $330K
0.6 months
Where the money goes
Program services
Program services $151K · Total expenses $330K
46%
Management & General
Management & general $178K · Total expenses $330K
54%
Fundraising
Fundraising $0 · Total expenses $330K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $27K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $38K · Total revenue $294K
13%
Government reliance
Government grants $0 · Total revenue $294K
0%
Earned-income share
Program service revenue $155K · Total revenue $294K
53%
Investment reliance
Investment income $0 · Total revenue $294K
0%
Program self-sufficiency
Program service revenue $155K · Total expenses $330K
47%
Growth & trend
Revenue growth (YoY)
This year $294K · Prior year $325K
-10%
Revenue CAGR
FY2020 $53K · FY2024 $294K
+54%
Net-asset trend (YoY)
End of year $-28K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $294K · Expenses $330K
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $46K
Net-asset ratio
Net assets $-28K · Total assets $46K
-62%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $46K
0%
People & payroll
Highest Reported Total Compensation
Individual Luis Abella · Reported title Director · Highest reported compensation $78K · Total expenses $330K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $95K · Total expenses $330K
29%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 46%
Overhead ratio 54%
Fundraising cost ratio 0%
Revenue growth -10%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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 · FY2020
Total grants receivedfrom 1 funder$6

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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)$354K revenue · ⤓ 990 PDF
FY2024$294K revenue · viewing · ⤓ 990 PDF
FY2023$325K revenue · ⤓ 990 PDF
FY2022$253K revenue · ⤓ 990 PDF
FY2021$192K revenue · ⤓ 990 PDF
FY2020$53K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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