Overview
What is New Orleans Ballet Inc?
New Orleans Ballet Inc, located at 1213 Marengo Street, New Orleans, Louisiana 70115, is a distinguished nonprofit organization dedicated to the creation, organization, and performance of ballets. This esteemed company, renowned as the premier resident ballet company of the Gulf South, features original choreography and performances by professional ballet dancers. Through their mission, they strive to captivate over 7,000 audience members with world-class performances, innovative choreography, and exceptional professional training. By enriching their local community and expanding access to dance, New Orleans Ballet Inc continues to inspire and engage individuals with a passion for the art form. Their dedicated workforce of 15 individuals is instrumental in bringing these captivating ballets to life.
Official website here: www.neworleansballettheatre.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
New Orleans Ballet Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and governance. With an overall score of 71%, the organization shows strengths in areas such as having a majority of independent board members and a solid program expense ratio, which suggests that a significant portion of its budget is directed towards its programs.
However, there are notable weaknesses in its accountability practices. The organization lacks essential policies like a whistleblower policy and document retention procedures, which could raise concerns about transparency and governance. Additionally, missing documentation of board meeting minutes points to potential issues in record-keeping and oversight.
While the financial health of the organization appears stable, as indicated by a low liabilities to assets ratio, the absence of critical governance documents and policies suggests that New Orleans Ballet Inc has areas to address to enhance its accountability and overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is New Orleans Ballet Inc legitimate?
New Orleans Ballet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Orleans Ballet Inc 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: $74,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.neworleansballettheatre.com
What is the mission statement of New Orleans Ballet Inc?
New Orleans Ballet Inc, as a renowned ballet company, aims to be the leading ballet organization in the Gulf South. They are recognized globally for delivering top-notch performances, innovative choreography, and exceptional professional training. Their mission is to enrich their community and expand access to dance. Through their activities, they create, organize, and present four separate ballets featuring original choreography and performances by professional ballet dancers, providing cultural enrichment to over 7,000 audience members.
Official website here: www.neworleansballettheatre.com
Who is the CEO of New Orleans Ballet Inc?
Lisa Maccurdy is the Artistic Director of New Orleans Ballet Inc.
Official website here: www.neworleansballettheatre.com
What is the revenue of New Orleans Ballet Inc?
New Orleans Ballet Inc's revenue in 2021 was $918,258.
Official website here: www.neworleansballettheatre.com
Who are the executives of New Orleans Ballet Inc and what are their salaries?
The average compensation at New Orleans Ballet Inc during 2021 was $4,960. There are 15 employees at New Orleans Ballet Inc.
Here are 11 key members and their salaries:
- Compensation: $46,500
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- Compensation: $27,900
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Official website here: www.neworleansballettheatre.com
Where can I find the form 990 for New Orleans Ballet Inc?
New Orleans Ballet Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.neworleansballettheatre.com
Learn more at the official website: www.neworleansballettheatre.com
Mission Statement of New Orleans Ballet Inc
New Orleans Ballet Inc, commonly referred to as NOBT, is dedicated to being the leading ballet company in the Gulf South. Recognized globally for its exceptional performances, innovative choreography, and top-notch professional training, NOBT strives to enrich its community and broaden access to dance. As part of its mission, NOBT organizes and presents four separate ballets featuring original choreography and performances by skilled ballet dancers. Through these productions, NOBT reaches out to over 7,000 audience members, contributing to the cultural enrichment of its community.
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Impact
July, 2024
New Orleans Ballet Inc, also known as New Orleans Ballet Theatre (NOBT), is making a significant impact as the premier resident ballet company of the Gulf South. Through world-class performances, innovative choreography, and outstanding professional training, NOBT is enriching the community of New Orleans and expanding access to dance for all. With over 7,000 audience members experiencing cultural enrichment through the creation, organization, and performance of original ballets featuring professional dancers, NOBT is truly making a mark in the world of arts and culture in Louisiana.
This information is meant to be a general summary of New Orleans Ballet Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $3,339
- Program Service Revenue: $432,737
- Gross Receipts: $918,258
Assets and Liabilities:
- Total Assets: $1,333,668
- Total Liabilities: $5,364
- Net Assets: $1,328,304
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$432,737
Organization Details
Founding Year
2002
Phone
(504) 314-1509Principal Officer
Lisa Maccurdy
Main Address
1213 MARENGO STREET, NEW ORLEANS, LA, 70115
NTEE Category
Code: A63 - Arts
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