Overview
What is Ballet Hispanico Of New York Inc?
Ballet Hispanico of New York Inc is a distinguished nonprofit organization, situated in New York City. With a committed workforce of 115 individuals, their primary focus is to unite communities through the celebration and exploration of Latin cultures. They achieve this by presenting innovative dance productions, offering transformative dance training, and engaging in community outreach programs. The organization operates a year-round program of extra-curricular and pre-professional dance training at its studios, as well as extended dance education residencies in public schools and community centers across the New York City area. Additionally, their professional dance company tours nationally and internationally, showcasing a diverse repertoire of works choreographed by esteemed and emerging Latino artists.
Official website here: www.ballethispanico.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
Ballet Hispanico Of New York Inc has achieved an impressive 100% rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization boasts a perfect score in all assessed categories, which indicates that it effectively manages its resources and operates transparently. This is exemplified by its fully independent board and adherence to best practices in governance.
The nonprofit's financial health is robust, evidenced by its high program expense ratio of 81%, meaning that a significant portion of its funds directly support its mission and programs. Additionally, its low fundraising efficiency ratio of $0.08 suggests that it keeps its fundraising costs minimal, allowing more resources to be allocated towards its artistic and educational initiatives.
There are no noted limitations in the available data, highlighting the organization's strong operational practices and commitment to its mission. Overall, Ballet Hispanico Of New York Inc stands out as a model nonprofit, demonstrating excellence in accountability, financial management, and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Ballet Hispanico Of New York Inc legitimate?
Ballet Hispanico Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballet Hispanico Of New York 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: $986,473
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,142,781
For more financial information, click here
Official website here: www.ballethispanico.org
What is the mission statement of Ballet Hispanico Of New York Inc?
Ballet Hispanico of New York Inc's mission is centered around fostering unity and exploration of Latin cultures. They achieve this through innovative dance productions, transformative dance training, and community engagement. The organization offers a year-round program of dance training, extending to public schools and community centers in the New York City area. Moreover, their professional dance company performs nationally and internationally, showcasing works choreographed by established and emerging Latin artists, reflecting the diversity of Latin cultures and offering unique ways to engage in cultural dialogue.
Official website here: www.ballethispanico.org
Who is the CEO of Ballet Hispanico Of New York Inc?
Eduardo Vilaro is the Chair of Ballet Hispanico Of New York Inc. The CEO's salary of Ballet Hispanico Of New York Inc is $297,745 and their total compensation is $387,785.
Official website here: www.ballethispanico.org
What is the revenue of Ballet Hispanico Of New York Inc?
Ballet Hispanico Of New York Inc's revenue in 2022 was $5,803,635.
Official website here: www.ballethispanico.org
Who are the executives of Ballet Hispanico Of New York Inc and what are their salaries?
The average compensation at Ballet Hispanico Of New York Inc during 2022 was $35,907. There are 115 employees and 50 volunteers at Ballet Hispanico Of New York Inc.
Here are 29 key members and their salaries (Ballet Hispanico Of New York Inc's CEO's salary is $297,745 and their total compensation is $387,785):
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Official website here: www.ballethispanico.org
Where can I find the form 990 for Ballet Hispanico Of New York Inc?
Ballet Hispanico Of New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ballethispanico.org
Learn more at the official website: www.ballethispanico.org
Mission Statement of Ballet Hispanico Of New York Inc
Ballet Hispanico of New York Inc focuses on uniting communities by celebrating and delving into Latin cultures through innovative dance productions, transformative dance training, and community engagement. This esteemed organization offers a year-round program of extracurricular and pre-professional dance training at its studios, as well as extended dance education residencies in public schools and community centers throughout the New York City area. The professional dance company, comprised of highly trained professionals, performs works choreographed by both established and emerging Latin artists for audiences globally. Their repertoire showcases the diversity of Latin cultures, providing innovative methods to engage with and share a cultural dialogue. Representing a multitude of nationalities, the artists of Ballet Hispanico reflect the ever-evolving demographics of their nation.
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Impact
August, 2024
Ballet Hispanico Of New York Inc's impact extends far beyond the stage, influencing communities and individuals alike with its celebration and exploration of Latino cultures. Through innovative productions, transformative dance training, and community engagement initiatives, Ballet Hispanico serves as a cultural bridge, connecting people from diverse backgrounds in a shared appreciation for the richness and diversity of Latino heritage.
The organization's year-round programs provide extracurricular and pre-professional dance training, offering a platform for individuals to develop their talents and express themselves through dance. By extending dance education residencies to public schools and community centers throughout the New York City area, Ballet Hispanico reaches a wide audience, fostering a deeper understanding and connection to Latino cultural traditions.
The professional dance company showcases the works of Latino choreographers on a national and international stage, presenting a repertoire that showcases the diversity of Latino cultures and sparks dialogues that transcend borders. With a team of highly trained professionals representing various nationalities, Ballet Hispanico's performances reflect the evolving tapestry of our nation, demonstrating the power of dance to unite, inspire, and transform lives.
This information is meant to be a general summary of Ballet Hispanico Of New York 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 2022.
- Investment Income: $72,555
- Program Service Revenue: $2,409,272
- Gross Receipts: $8,250,029
Assets and Liabilities:
- Total Assets: $24,516,405
- Total Liabilities: $2,798,083
- Net Assets: $21,718,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,246,818
PERFORMANCES
Revenue
$1,162,454
Organization Details
Founding Year
1970
Phone
(212) 362-6710Principal Officer
Eduardo Vilaro
Main Address
167 WEST 89TH STREET, NEW YORK, NY, 10024
Website
www.ballethispanico.orgNTEE Category
Code: A620 - Arts
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