New Bedford Ballet Foundation Inc

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

EIN: 043020515 ✦ New bedford, MA ✦ Designated as a 501(c)(3)

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Overview

What is New Bedford Ballet Foundation Inc?

The New Bedford Ballet Foundation Inc, situated in New Bedford, Massachusetts, is a nonprofit organization devoted to promoting and showcasing classical ballet. They also offer free ballet education to deserving students and advocate for the significance of performing arts within the community. The foundation's initiatives serve to educate and raise awareness about the art form, thereby contributing positively to the local culture.


Official website here: www.newbedfordballet.org

Is New Bedford Ballet Foundation Inc legitimate?

New Bedford Ballet Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Bedford Ballet Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $131,437

For more financial information, click here


Official website here: www.newbedfordballet.org

What is the mission statement of New Bedford Ballet Foundation Inc?

The New Bedford Ballet Foundation is dedicated to the promotion and presentation of classical ballet. One of its key initiatives involves providing free tuition to qualified students. The organization also focuses on educating the community about the significance of the performing arts. Through its programs, it seeks to raise awareness and spread appreciation for ballet. By doing so, the foundation contributes to the broader cultural landscape, enriching the community's artistic experiences.


Official website here: www.newbedfordballet.org

Who is the CEO of New Bedford Ballet Foundation Inc?

Joanne Gracia is the President of New Bedford Ballet Foundation Inc.


Official website here: www.newbedfordballet.org

What is the revenue of New Bedford Ballet Foundation Inc?

New Bedford Ballet Foundation Inc's revenue in 2022 was $277,365.


Official website here: www.newbedfordballet.org

Who are the executives of New Bedford Ballet Foundation Inc and what are their salaries?

The average compensation at New Bedford Ballet Foundation Inc during 2022 was $8,762. There are 15 employees and 50 volunteers at New Bedford Ballet Foundation Inc.


Here are 12 key members and their salaries:


Rebecca Waskiel-Marchesseault (Artisitic &)
  • Compensation: $44,295
  • Related: $0
  • Other: $0
Kelly Watkins (Director)
  • Compensation: $8,093
  • Related: $0
  • Other: $0
Kibi Williams-Brown (Director)
  • Compensation: $4,340
  • Related: $0
  • Other: $0
Deborah G Synnott (Director)
  • Compensation: $720
  • Related: $0
  • Other: $0
Jennifer Bungert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Demedeiros (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Derossi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Gillen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Gracia (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Redel (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Serene Rousseau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Scanlon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newbedfordballet.org

Where can I find the form 990 for New Bedford Ballet Foundation Inc?

New Bedford Ballet Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newbedfordballet.org

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

Mission Statement of New Bedford Ballet Foundation Inc

The New Bedford Ballet Foundation is dedicated to promoting and showcasing classical ballet, offering free tuition to eligible students, and advocating for the importance of the performing arts within the community. By implementing educational programs and raising awareness, this organization seeks to impart its passion for ballet and its significance to a broader audience. The New Bedford Ballet Foundation's mission strives to foster appreciation and engagement with classical ballet, while simultaneously providing opportunities for deserving students to hone their skills without financial barriers.

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Impact




October, 2024

New Bedford Ballet Foundation Inc significantly enhances the cultural landscape by promoting and presenting classical ballet, making it accessible to a broader audience. By granting free tuition to qualified students, it nurtures talent and allows individuals from diverse backgrounds to engage in the performing arts, fostering a new generation of dancers. The foundation also plays a crucial role in educating the community about the value of the performing arts, raising awareness and appreciation for artistic expression. Through its programs and outreach efforts, it cultivates a deeper understanding of dance and its cultural significance, enriching the lives of many in New Bedford, MA, and beyond.




This information is meant to be a general summary of New Bedford Ballet Foundation 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
$277,365 (2022)
Expenses
$267,678 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,852
  • Program Service Revenue: $224,413
  • Gross Receipts: $277,365

Assets and Liabilities:

  • Total Assets: $359,154
  • Total Liabilities: $25,217
  • Net Assets: $333,937

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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

$156,911

TICKET SALES AND PERFORMANCE

Revenue

$54,765

PROGRAM SERVICE FEES

Revenue

$12,737

Organization Details

Founding Year

1987

Principal Officer

Joanne Gracia

Main Address

2459 PURCHASE STREET, NEW BEDFORD, MA, 02746

NTEE Category

Code: A63 - Arts

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