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Filing year 2024

CORNERSTONE ACADEMY OF PERFORMING ARTS I DBA CENTRAL ILLINOIS BALLET

Peoria, Illinois·EIN 45-4443676·NTEE A63 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$205k
Total assets
$22k
Total expenses
$224k
Reported officers
3
Mission

The mission of Cornerstone Academy is to offer the highest quality of instruction in the art of dance and movement available in Downstate Illinois. As Downstate Illinois' only professional ballet company, we strive to present professional ballet and dance performances to an area in Illinois that is greatly under served in these opportunities. The organization hopes to increase awareness of the art of dance and movement in the area, as well as positively impact the quality of life for residents of Downstate Illinois.

Reported officers (all unpaid)

No paid executives reported in 2024. CORNERSTONE ACADEMY OF PERFORMING ARTS I DBA CENTRAL ILLINOIS BALLET reported 3 unpaid officers and board members on its 990.

President
Member
Member
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CORNERSTONE ACADEMY OF PERFORMING ARTS I DBA CENTRAL ILLINOIS BALLET equaled 6% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
6%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Financial trend

Revenue and expenses over time

CORNERSTONE ACADEMY OF PERFORMING ARTS I DBA CENTRAL ILLINOIS BALLET reported revenue and expenses across 2 filing years.

RevenueExpenses
$215k
$232k
2023
$205k
$224k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in Illinois

CORNERSTONE ACADEMY OF PERFORMING ARTS I DBA CENTRAL ILLINOIS BALLET reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in Illinois earns a median of $50,000.

25th percentile
$17k
Median
$50,000
75th percentile
$90k
90th percentile
$162k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 665 organizations across 665 filings (2021 – 2024).

See full Arts, Culture & Humanities pay data for Illinois

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FAQ

Common questions about CORNERSTONE ACADEMY OF PERFORMING ARTS I DBA CENTRAL ILLINOIS BALLET

What are CORNERSTONE ACADEMY OF PERFORMING ARTS I DBA CENTRAL ILLINOIS BALLET's revenue and expenses?

In 2024, CORNERSTONE ACADEMY OF PERFORMING ARTS I DBA CENTRAL ILLINOIS BALLET reported $205k in total revenue and $224k in total expenses on its IRS Form 990.

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