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MANHATTAN YOUTH BALLET INC
NEW YORK, NY · EIN 204712167 · Form 990 · FY2024 · NTEE A01 · Arts, Culture & Humanities · Medium ($1M-$10M)
revenue
$1.1M
expenses
$981K
net assets
$-102K
employees
38
program ratio
80%
mission · from form 990

MANHATTAN YOUTH BALLET (MYB) GRANTS SCHOLARSHIPS TO ASSIST SELECTED INDIVIDUALS ASPIRING TO LEARN CLASSICAL BALLET. RECIPIENTS WILL OBTAIN TRAINING IN CHARACTER DANCING, CLASSICAL BALLET AND MODERN DANCE. IN MOST CASES, ALL OR A PORTION OF THE GRANTEE'S TUITION AND FEES WILL BE CREDITED BY MANHATTAN YOUTH BALLET.

profile · synthesized from sources

Manhattan Youth Ballet (MYB) provides scholarships to individuals aspiring to study classical ballet, character dancing, and modern dance. The organization covers all or part of tuition and fees for selected recipients to support their dance training. Based in New York, MYB focuses on increasing access to ballet education for qualified students.

named programs · 1 · from sources

What they call their work

Scholarship Program
Provides financial assistance to selected individuals pursuing training in classical ballet, character dancing, and modern dance; covers full or partial tuition and fees
activities · 1 group

What they do

  • Arts Education Scholarships 1 activity
    • Awarding ballet training scholarships
      Provides financial assistance to individuals aspiring to learn classical ballet, covering all or part of their tuition and fees for training in classical ballet, character dancing, and modern dance.
financials · form 990 · fy2024
revenue
Total revenue$1.09M
Contributions & grants$16K2%
Program service revenue$1.08M99%
Investment income$00%
Other revenue$0
expenses
Total expenses$981K
Program expenses80%
Admin / overhead20%
Fundraising0%
Salaries & benefits$705K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$451K
Cash$4K
Investments$10K
Liabilities$553K
Net assets$-102K
Liquid reserves0.2 mo
5 years on record · 2020–2024 · YoY revenue +6.3%
leadership · form 990 part vii · fy2024

Who runs it

board members · 4
  • ANN LAYENDECKER — DIRECTOR
  • DEBORAH WINGERT — DIRECTOR
  • EDWARD MERMELSTEIN — DIRECTOR
  • JOHN LAYENDECKER — DIRECTOR
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.