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Ballet Theatre Of Boston Inc

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

EIN: 042773619 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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Overview

What is Ballet Theatre Of Boston Inc?

Ballet Theatre of Boston Inc, operating under the name Jose Mateo Ballet Theatre, is a nonprofit organization dedicated to crafting exceptional ballets that resonate with various audiences, promoting cultural relevance. Their mission extends beyond entertainment, aiming to pioneer an innovative Ballet education system that fosters inclusivity and equality, allowing every student to fully engage and excel in their art form.


Official website here: www.ballettheatre.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Ballet Theatre Of Boston Inc, operating as Jose Mateo Ballet Theatre, has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while it demonstrates some strengths, there are significant areas requiring attention. The organization has an impressive accountability and finance score of 69%, reflecting a commitment to transparency in areas such as independent board membership and financial oversight. However, the lack of critical policies, including conflict of interest and whistleblower policies, raises concerns about governance practices.

The organization has a strong program expense ratio of 73.17%, suggesting that a significant portion of its budget is directed towards programming rather than administrative costs. This is a positive indicator of the organization's focus on mission-related activities. However, it struggles with a high liabilities to assets ratio of 76.84%, which may affect its financial health and sustainability in the long term.

Despite having independent board members and maintaining good practices in financial oversight, the missing policies and high liabilities indicate that Ballet Theatre Of Boston Inc needs to improve its operational governance and financial management to enhance its overall performance and effectiveness. Addressing these weaknesses would be crucial for building donor confidence and ensuring long-term viability.


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

What do the Facebook reviews say about Ballet Theatre Of Boston Inc?

92% of 80 reviewers on Facebook recommend Ballet Theatre of Boston Inc. Here is a summary of their reviews:

Many patrons describe their experiences as fantastic and moving, highlighting the unique opportunity to see talented artists perform in an intimate setting. Reviewers appreciate the originality of the performances, which adds to the enjoyment of the shows.

Overall, attendees feel a strong connection to the artistry presented and express satisfaction with the quality of productions. The nonprofit evidently fulfills its promise of delivering engaging and emotionally resonant performances, leaving audiences eager for more.


This AI summary has been generated from reviews found on Facebook.

Is Ballet Theatre Of Boston Inc legitimate?

Ballet Theatre Of Boston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballet Theatre Of Boston 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: $293,999
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,986

For more financial information, click here


Official website here: www.ballettheatre.org

What is the mission statement of Ballet Theatre Of Boston Inc?

The Ballet Theatre of Boston Inc., operating under the name Jose Mateo Ballet Theatre, has a mission to develop captivating ballets of high quality that resonate with diverse audiences. Additionally, they strive to establish an innovative ballet training methodology that embraces diversity, fostering equal participation and success among all students.


Official website here: www.ballettheatre.org

Who is the CEO of Ballet Theatre Of Boston Inc?

Jose Mateo is the President of Ballet Theatre Of Boston Inc.


Official website here: www.ballettheatre.org

What is the revenue of Ballet Theatre Of Boston Inc?

Ballet Theatre Of Boston Inc's revenue in 2022 was $2,167,380.


Official website here: www.ballettheatre.org

Who are the executives of Ballet Theatre Of Boston Inc and what are their salaries?

The average compensation at Ballet Theatre Of Boston Inc during 2022 was $97,164. There are 6 employees and 150 volunteers at Ballet Theatre Of Boston Inc.


Here are 18 key members and their salaries:


Jose Mateo (President)
  • Compensation: $151,500
  • Related: $0
  • Other: $2,434
Richard P Shea (Chair/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Fischer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald J Caruso (Trustee Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erline Belton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Caldeira (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bithiah Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberta Chicos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Corr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynne Federman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erinn King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mara Littman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Makeeba Mccreary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Shannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nuri Chandler Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Snider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deana Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Fraser (Managing Director)
  • Compensation: $137,631
  • Related: $0
  • Other: $2,434


Official website here: www.ballettheatre.org

Where can I find the form 990 for Ballet Theatre Of Boston Inc?

Ballet Theatre Of Boston Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ballettheatre.org

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

Mission Statement of Ballet Theatre Of Boston Inc

Ballet Theatre Of Boston Inc D/B/A Jose Mateo Ballet Theatre is committed to crafting ballets of exceptional quality that resonate with diverse audiences and reflect contemporary cultural perspectives. Beyond this, the organization strives to pioneer a revolutionary approach to Ballet education, fostering an inclusive environment that encourages participation and achievement for all students, regardless of their backgrounds. This innovative methodology ensures unity among the students, promoting a sense of unity and shared success.

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Impact




July, 2024

Ballet Theatre Of Boston Inc D/B/A Jose Mateo Ballet Theatre has a significant impact on the community through its creation of new ballets of excellence that are stimulating and culturally relevant to diverse audiences. Additionally, its innovative approach to ballet training welcomes diversity and ensures universal participation and achievement by all students. This commitment to excellence and inclusivity not only fosters a love of ballet in the community but also promotes cultural appreciation and diversity.




This information is meant to be a general summary of Ballet Theatre Of Boston 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.

Revenue
$2,167,380 (2022)
Expenses
$1,504,989 (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: $690,356
  • Gross Receipts: $2,167,380

Assets and Liabilities:

  • Total Assets: $2,314,686
  • Total Liabilities: $789,624
  • Net Assets: $1,525,062

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Programs

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

TUITION AND FEES

Revenue

$529,650

OTHER INCOME

Revenue

$121,939

TICKET SALES

Revenue

$35,983

SPECIAL EVENTS

Revenue

$2,784

Organization Details

Founding Year

1987

Principal Officer

Jose Mateo

Main Address

400 HAVARD STREET, CAMBRIDGE, MA, 02138

NTEE Category

Code: A116 - Arts

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