MIDLAND FESTIVAL BALLET Charity Report

Public IRS 990 nonprofit record

MIDLAND FESTIVAL BALLET

EIN 75-2510710 · Arts, Culture & Humanities (A63Z)

What they do

WITH A STRONG LEGACY, MIDLAND FESTIVAL BALLET (MFB) CONTINUES to SERVE AS A BEACON of ARTISTIC EXCELLENCE IN OUR COMMUNITY. OFFERING UNPARALLELED TRAINING to APPROXIMATELY 200 STUDENTS, THE SCHOOL of MIDLAND FESTIVAL BALLET CONTINUES to THRIVE and GROW EXPOSING STUDENTS AGES 3 THROUGH ADULT to THE BEAUTY of BALLET THROUGH THE FINEST TEACHING BY A PROFESSIONAL FACULTY.THE AWARD-WINNING PRE-PROFESSIONAL COMPANY is COMPRISED of LOCAL DANCERS SELECTED BY AUDITION and SERVES AS THE ONLY BALLET COMPANY IN THE AREA. THE CIVIC COMPANY DELIGHTS PATRONS and AUDIENCES BY PRESENTING TWO FULL-LENGTH BALLET PRODUCTIONS EACH SEASON WITH LIVE ACCOMPANIMENT MOST OFTEN IN PARTNERSHIP WITH WEST TEXAS SYMPHONY (E.G., THE NUTCRACKER IN DECEMBER and A FULL-LENGTH PRODUCTION TYPICALLY HELD IN MARCH-APRIL) AT THE BEAUTIFUL WAGNER-NOEL PERFORMING ARTS CENTER.DEVOTING 15-25 HOURS WEEKLY for EDUCATION, PERFORMANCES, and COMMUNITY OUTREACH, THE COMPANY SHARES THE BEAUTY of BALLET THROUGH OUTREACH PROGRAMMING and

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

74.21%of revenue went to mission work77.6% of expenses · Program services

3.11%of revenue went to fundraising3.3% of expenses

$95.65spent for every $100 of revenueRevenue covered expenses this year.

18.33%of revenue went to management and office costs19.2% of expenses

$0.47in assets for every $1 spent this yearSome assets cannot be spent right away.

44.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $81,250 for RACHEL KERR RITTER (EXECUTIVE DIR.). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,054,999

Mission workProgram services$782,90474.21% of revenue77.6% of expenses

ManagementOffice and general costs$193,40718.33% of revenue19.2% of expenses

FundraisingAsking for donations$32,8423.11% of revenue3.3% of expenses

Revenue left after expensesReported annual surplus$45,8464.35% of revenueShown in gray on the chart

Total expenses$1,009,15395.65% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 77.6% mission · 19.2% management · 3.3% fundraisingTotal expenses: 95.65% of revenue

2023Expense mix: 79.2% mission · 17.0% management · 3.8% fundraisingTotal expenses: 93.35% of revenue

2022Expense mix: 81.8% mission · 15.2% management · 3.0% fundraisingTotal expenses: 103.99% of revenue

2021Expense mix: 82.5% mission · 14.2% management · 3.2% fundraisingTotal expenses: 97.08% of revenue

2020Expense mix: 80.5% mission · 16.6% management · 2.9% fundraisingTotal expenses: 92.50% of revenue

2019Expense mix: 83.0% mission · 14.5% management · 2.5% fundraisingTotal expenses: 95.60% of revenue

2018Expense mix: 85.7% mission · 12.0% management · 2.4% fundraisingTotal expenses: 100.82% of revenue

2017Expense mix: 68.7% mission · 27.2% management · 4.2% fundraisingTotal expenses: 95.67% of revenue

Money in and money out

Revenue$1,054,999

Expenses$1,009,153

Annual surplus $45,846 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$782,904 · 77.6% of expenses

Management and office costs$193,407 · 19.2% of expenses

Fundraising$32,842 · 3.3% of expenses

See all reported dollar amounts

Revenue$1,054,999

Expenses$1,009,153

Assets$477,695

Income$1,054,999

Contributions$466,318

Mission work (program services)$782,904

Fundraising$32,842

Management and general$193,407

Accounting fees$25,804

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RACHEL KERR RITTEREXECUTIVE DIR. · 40 hrs/week $81,250

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

RACHEL KERR RITTEREXECUTIVE DIR.

BRITTANY JOHNSONPRESIDENT

CANDACE LOLLARDIRECTOR

DR PREMILA JOHNSONDIRECTOR

JD BENTONDIRECTOR

JIM COLLETTDIRECTOR

KARMEN HENDRIX BRYANTDIRECTOR

MACKENZIE KEMPTREASURER

MELISSA WICKERDIRECTOR

MICHAEL FIELDSDIRECTOR

MICHELLE CARRASCO CORRALESDIRECTOR

PHYLLIS PEEKDIRECTOR

SCOTT BETTONPAST PRESIDENT

STEWART DOREENDIRECTOR

TERRILL LITTLEJOHNDIRECTOR

VIOLET SINGHSECRETARY

About this charity

Recognized since: January 1995
Location: 3500 N A ST STE 2600, MIDLAND, TX 79705-3600
County: Midland
In care of: RACHEL KERR RITTER
Primary officer: RACHEL KERR RITTER, Executive Dir.

How to reach them

WebsiteVisit the charity’s website Emailinfo@midlandfestivalballet.org Phone(432) 682-2653

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: C MARC MARTIN CPA
NTEE classification: Arts, Culture & Humanities (A63Z)