Grand Rapids Ballet awarded $1.8M in state budget
Ballets’ budget in 2022 was $3.2M
The Grand Rapids Ballet received a $1.8 million earmark from Michigan taxpayers in the state’s 2024 budget. That’s more than enough to cover its salary expenses, reported at $1.4 million in the 2022 filing of its Form 990.
The state grant exceeds the $1.4 million in employee expenses reported on the ballet’s Form 990 for 2022. Compensation for two executive positions came to $218,408, or 6.8% of total expenses. Compensation for all employees was $1,475,692, or 46% of expenses.
The ballet’s $3.2 million in total revenue was produced primarily from contributions and program services. The $1.8 million grant from the state represents 56% of the organization’s 2022 revenue.
The state budget offers no information about why the ballet was awarded $1.8 million, who requested it, or how the money will be spent. The ballet did not respond to an email seeking comment.
Michigan Capitol Confidential is the news source produced by the Mackinac Center for Public Policy. Michigan Capitol Confidential reports with a free-market news perspective.