You may or may not know this, but Amherst Ballet is a registered non-profit. What does that mean? In the simplest terms, it means that Amherst Ballet's goal is not to make a profit, but rather to work towards is's mission goal, which is the belief in our Ballet4All! initiative. We operate on a budget that is approved by our Board of Directors, and the goal for that budget is to break even at the end of the fiscal year. Some years, our expenses are greater than our income, and other years it's the opposite. This is the challenge when you are trying to figure out what your income and expenses will be months ahead of time. Our expenses are many and varied, and include things like teacher salaries, insurance, utilities, theater rentals, props, and since we own our building, a monthly mortgage payment! Tuition helps cover some of these costs, but we also rely on donations and grants. Because we are registered with the government as a non-profit, we are eligible to receive grants and donations on a tax-free basis, and those same gifts are tax-free to the donor, as well. So the next time you see an annual appeal letter, or a request for items or help with accomplishing something around the studio, remember that we need that help in order to bring quality dance instruction to our students!