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Ballet Tech Foundation Inc

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

EIN: 132773475 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ballet Tech Foundation Inc?

Ballet Tech Foundation Inc, based in New York City, is a nonprofit organization that offers tuition-free professional ballet training to talented students within the New York City public school system. The foundation, located at 890 Broadway, identifies and nurtures these young individuals' inherent dance talents. Through collaborations with local schools and the New York City Department of Education, they provide an academically enriched curriculum along with rigorous dance training. Annually, Ballet Tech presents a week-long season, showcasing the honed skills of its students. During the 2021-2022 period, the foundation auditioned over 5,000 students, worked with 32 participating schools, and selected 200 students for training. The organization also offers introductory ballet classes and an on-site program for elementary and middle school students, blending dance with academic learning.


Official website here: www.ballettech.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Star rating

Ballet Tech Foundation Inc. has received a stellar 100% rating from Charity Navigator, showcasing its commitment to accountability and finance, as well as a strong focus on culture and community. The organization boasts a 100% independent board, effective financial oversight, and an impressive program expense ratio of over 84%. This high rating reflects Ballet Tech's transparent operations and effective use of resources, emphasizing its mission to provide dance education to underserved children in New York City.

User feedback highlights the transformative impact Ballet Tech has on its students, with many praising the rigorous training, supportive environment, and exceptional academic education. Parents and community members express gratitude for the free ballet instruction and the opportunity for their children to thrive in both arts and academics. The school is noted for its inclusiveness and ability to create a vibrant community, bringing together students from diverse backgrounds and instilling in them a strong work ethic and confidence.

While the feedback is overwhelmingly positive, some reviews mention the challenges of navigating public school logistics such as transportation. However, the overwhelming sentiment is one of appreciation for Ballet Tech's dedication to nurturing talent and providing invaluable experiences that empower students. Overall, Ballet Tech stands out as a unique and impactful nonprofit, making a significant difference in the lives of young dancers and their families.


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

What do the Facebook reviews say about Ballet Tech Foundation Inc?

100% of 30 reviewers on Facebook recommend Ballet Tech Foundation Inc. Here is a summary of their reviews:

Parents express immense appreciation for the program, noting the solid commitment and enthusiasm of the teachers. One parent highlighted their child's positive experience since being accepted, reinforcing the belief in Ballet Tech's ability to nurture young talent.

Overall, families feel supported and proud to be part of the Ballet Tech community, showcasing a strong sentiment of satisfaction with both the program and its educators.


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

Is Ballet Tech Foundation Inc legitimate?

Ballet Tech Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballet Tech 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: $380,643
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,478,593

For more financial information, click here


Official website here: www.ballettech.org

What is the mission statement of Ballet Tech Foundation Inc?

The Ballet Tech Foundation Inc. is dedicated to introducing talented children from the New York City public school system to the beauty and joy of dance. Annually, the foundation provides rigorous dance training free of charge, nurturing and fulfilling the inherent dance talents of its students. By offering a world-class dance education and enrichment, the foundation aims to develop future dancers and leaders. This comprehensive program encompasses various genres of movement and choreography, alongside an excellent academic education, in collaboration with the NYC Department of Education. The foundation's mission embraces diversity, providing an opportunity for young people from diverse backgrounds to excel in dance.


Official website here: www.ballettech.org

Who is the CEO of Ballet Tech Foundation Inc?

Maggie Christ is the Chairperson of Ballet Tech Foundation Inc.


Official website here: www.ballettech.org

What is the revenue of Ballet Tech Foundation Inc?

Ballet Tech Foundation Inc's revenue in 2022 was $5,751,049.


Official website here: www.ballettech.org

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

The average compensation at Ballet Tech Foundation Inc during 2022 was $28,170. There are 66 employees and 11 volunteers at Ballet Tech Foundation Inc.


Here are 18 key members and their salaries:


Jilian Cahan Gersten (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Zerbe Hurford (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Gersten (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Levinson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Aarons (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Crown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurel Durst (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Heinzen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mimi Lien (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Moreno (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Tuthill Pazner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eliot Feld (President (Until 6/30/2021))
  • Compensation: $179,683
  • Related: $0
  • Other: $1,481
Maggie Christ (Executive Director)
  • Compensation: $185,919
  • Related: $0
  • Other: $20,296
Dionne Figgins (Artistic Director (From 8/1/2001))
  • Compensation: $66,122
  • Related: $0
  • Other: $4,847
Ashley Tuttle (Director Of Faculty)
  • Compensation: $111,052
  • Related: $0
  • Other: $17,458
Janel Rayome (School Administrative Director)
  • Compensation: $102,001
  • Related: $0
  • Other: $33,747
Joe Gregori (School Administrative Director)
  • Compensation: $113,363
  • Related: $0
  • Other: $13,204
Elizabeth Lacause (Director Of Development)
  • Compensation: $114,975
  • Related: $0
  • Other: $1,590


Official website here: www.ballettech.org

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

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


Official website here: www.ballettech.org

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

Mission Statement of Ballet Tech Foundation Inc

Ballet Tech Foundation Inc, a nonprofit organization, is dedicated to introducing New York City public school children to the enchanting world of dance. Annually, the foundation offers tuition-free, rigorous dance training to identify and nurture the inherent dance talents in these students. Their mission extends beyond just dance, as they also aim to develop future leaders by providing these young individuals with a world-class dance education and enrichment, encompassing various genres of movement and choreography. In collaboration with the NYC Department of Education, Ballet Tech Foundation Inc also ensures that their students receive an excellent academic education, thereby fostering well-rounded individuals.

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Impact




August, 2024

Ballet Tech Foundation Inc has a significant impact on the lives of New York City public school children by providing them with tuition-free professional ballet training. Through its Ballet Tech School, the organization identifies talented students and nurtures their intrinsic dance talents, offering them a rigorous dance education alongside a challenging academic curriculum. By presenting new ballets and introducing children to the beauty and joy of dance, Ballet Tech Foundation is developing the dancers and leaders of tomorrow. With a commitment to diversity and excellence, Ballet Tech Foundation is making a positive difference in the lives of its students and the community.




This information is meant to be a general summary of Ballet Tech 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
$5,751,049 (2022)
Expenses
$4,307,709 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $33,433
  • Program Service Revenue: $2,172,444
  • Gross Receipts: $6,668,291

Assets and Liabilities:

  • Total Assets: $31,444,283
  • Total Liabilities: $260,589
  • Net Assets: $31,183,694

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Programs

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

RENTAL INCOME

Revenue

$2,011,485

REIMBURSED EXPENSES

Revenue

$129,658

BOX OFFICE REVENUE

Revenue

$31,301

Organization Details

Founding Year

1974

Principal Officer

Maggie Christ

Main Address

890 BROADWAY, NEW YORK, NY, 10003

NTEE Category

Code: A630 - Arts

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