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Brooklyn Balletinc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020569320 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Brooklyn Balletinc?

Brooklyn Balletinc is a distinguished not-for-profit organization situated in Brooklyn, New York, specifically at 160 Schermerhorn Street, 11201. Their mission is to foster artistic excellence and education, catering to Brooklyn's diverse communities. To achieve this, they engage in various activities. In celebration of their 20th anniversary, Brooklyn Ballet took ballet performances and related activities to the streets, offering classes, stage performances, and workshops. Their program, Elevate, returned to perform at five partner public schools. Moreover, they organized a unique event titled 'Words and Movement,' collaborating dance and poetry. With a dedicated workforce of 28 individuals, Brooklyn Ballet continues to promote art and education in their community.


Official website here: www.brooklynballet.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 88%, Three-Star out of Four Star rating.

Brooklyn Balletinc has earned an 88% score from Charity Navigator, reflecting a solid performance in accountability and finance. The organization demonstrates strong governance with a fully independent board and robust financial oversight, showcasing a high level of commitment to transparency, as indicated by its financial statements and absence of material asset diversion.

However, there are limitations in the organization’s policies, notably the absence of a whistleblower policy and document retention procedures. Additionally, while its program expense ratio is commendable at 77.28%, the nonprofit does not currently post its tax forms on its website, which may affect its overall transparency in the eyes of potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Brooklyn Balletinc legitimate?

Brooklyn Balletinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Balletinc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $84,000
Professional Fundraising Fees: $4,815
Other Salaries and Wages: $143,782

For more financial information, click here


Official website here: www.brooklynballet.org

What is the mission statement of Brooklyn Balletinc?

Brooklyn Balletinc, as a not-for-profit organization, focuses on promoting artistic excellence and education within Brooklyn's diverse communities. Their mission aims to elevate the artistic landscape by fostering talent and providing educational opportunities. During their 20th anniversary, they took ballet to the streets, offering classes, stage performances, and hosting workshops. Additionally, their program 'Elevate' returned, performing at five partner public schools. Brooklyn Balletinc also organized an event titled 'Words and Movement, Working with Dance and Poetry,' demonstrating their commitment to integrating various art forms.


Official website here: www.brooklynballet.org

Who is the CEO of Brooklyn Balletinc?

Lynn Parkerson is the Founding Art of Brooklyn Balletinc.


Official website here: www.brooklynballet.org

What is the revenue of Brooklyn Balletinc?

Brooklyn Balletinc's revenue in 2022 was $1,292,591.


Official website here: www.brooklynballet.org

Who are the executives of Brooklyn Balletinc and what are their salaries?

The average compensation at Brooklyn Balletinc during 2022 was $8,135. There are 28 employees at Brooklyn Balletinc.


Here are 10 key members and their salaries:


Lynn Parkerson (Founding Art)
  • Compensation: $84,000
  • Related: $0
  • Other: $0
Brett Caroselli (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Chianese (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Glusker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Hunt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Dorsainvil Ii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Kraus (Board Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elena Lin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diarra K Lamar Md (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryam Najam (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.brooklynballet.org

Where can I find the form 990 for Brooklyn Balletinc?

Brooklyn Balletinc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.brooklynballet.org

Learn more at the official website: www.brooklynballet.org

Mission Statement of Brooklyn Balletinc

Brooklyn Ballet, a nonprofit organization, is committed to fostering artistic excellence and education for Brooklyn's diverse communities. Its mission is to promote and nourish artistic growth, reaching out to various demographics within the area. This involves providing a platform for both stage performances and educational workshops, aiming to engage and inspire the local population. The organization showcases its dedication through initiatives such as street-side ballet performances, classes, and workshops, as well as collaborations with schools and events focusing on the intersection of dance and poetry.

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Impact




July, 2024

Brooklyn Balletinc's impact includes promoting artistic excellence and education for Brooklyn, New York's diverse communities. They have celebrated their 20th anniversary by taking ballet to the streets through performances and activities like classes, stage performances, and workshops. Their program Elevate has been successfully implemented in five partner public schools. Additionally, Brooklyn Ballet has hosted a unique cultivation event titled "Words and Movement," combining dance and poetry. Through these efforts, Brooklyn Balletinc is making a positive impact on the cultural and educational landscape of Brooklyn.




This information is meant to be a general summary of Brooklyn Balletinc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,292,591 (2022)
Expenses
$1,068,405 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $647,473
  • Gross Receipts: $1,292,591

Assets and Liabilities:

  • Total Assets: $1,082,162
  • Total Liabilities: $393,230
  • Net Assets: $688,932

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUTION FEES

Revenue

$359,461

PERFORMANCE

Revenue

$243,779

MISCELLANEOUS

Revenue

$33,476

STUDIO RENTAL

Revenue

$9,957

ADVERTISING

Revenue

$800

Organization Details

Founding Year

2002

Principal Officer

Lynn Parkerson

Main Address

160 SCHERMERHORN STREET, BROOKLYN, NY, 11201

NTEE Category

Code: A63 - Arts

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