Overview
What is The George Balanchine Foundation Inc?
The George Balanchine Foundation Inc, situated in New York, NY, is a distinguished nonprofit organization with a mission to uphold and advance the pinnacle of dance and its associated arts, utilizing the legacy of renowned choreographer George Balanchine. Their primary activities encompass music, dance programming, and the sale of video archives. By leveraging Balanchine's legacy, the foundation aims to set a benchmark for excellence in the dance world.
Official website here: www.information@balanchine.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The George Balanchine Foundation Inc has received an 88% rating from Charity Navigator, which reflects a solid level of accountability and financial management. The organization scores particularly well in governance, with an independent board comprising 100% of its members and robust financial statement practices, ensuring transparency and integrity in its operations.
Strengths of the foundation include a high program expense ratio of 78.90%, indicating a strong focus on delivering its mission rather than administrative costs. The foundation also has effective policies in place, such as a conflict of interest policy, although it lacks a whistleblower policy, which could enhance its governance framework further.
Despite these strengths, the absence of a whistleblower policy and document retention policy are noted limitations. However, the foundation's commitment to accountability is evident in its well-managed financial practices and the overall effectiveness of its governance structure.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The George Balanchine Foundation Inc?
100% of the eight reviewers on Facebook recommend The George Balanchine Foundation Inc. Here is a summary of their reviews:
The enthusiasm for the organization is palpable, with many users praising its dedication and impact in the realm of ballet and dance. Reviewers highlight the foundation's commitment to preserving the legacy of George Balanchine, noting that it plays a crucial role in promoting excellence in the dance community.
Overall, feedback reflects a deep appreciation for the foundation's efforts and a belief that it delivers effectively on its mission. People feel positively about the experiences they have had with the organization and commend its initiatives aimed at fostering a love for the art form.
This AI summary has been generated from reviews found on Facebook.
Is The George Balanchine Foundation Inc legitimate?
The George Balanchine Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The George Balanchine 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: $0
For more financial information, click here
Official website here: www.information@balanchine.org
What is the mission statement of The George Balanchine Foundation Inc?
The George Balanchine Foundation Inc's mission is aimed at leveraging the Balanchine legacy to elevate dance and its associated arts to the highest possible standard. By doing so, they aim to make significant contributions to the field of dance and its related arts. Their activities include music, dance programming, video archival sales, and other related initiatives. The foundation's ultimate goal is to promote and advance dance and its allied arts to new heights, maintaining the legacy of Balanchine and inspiring future generations.
Official website here: www.information@balanchine.org
What is the revenue of The George Balanchine Foundation Inc?
The George Balanchine Foundation Inc's revenue in 2023 was $432,011.
Official website here: www.information@balanchine.org
Who are the executives of The George Balanchine Foundation Inc and what are their salaries?
There 8 volunteers at The George Balanchine Foundation Inc.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.information@balanchine.org
Where can I find the form 990 for The George Balanchine Foundation Inc?
The George Balanchine Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.information@balanchine.org
Learn more at the official website: www.information@balanchine.org
Mission Statement of The George Balanchine Foundation Inc
The George Balanchine Foundation Inc is committed to leveraging the legacy of George Balanchine to elevate the standard of dance and its related arts to their highest potential. Their mission is centered around utilizing Balanchine's legacy to promote excellence in dance and its allied disciplines. This is achieved through various activities, including music, choreography, programming, and video archival sales. The foundation aims to preserve and promote the art of dance, ensuring that the invaluable contributions made by Balanchine continue to inspire and influence future generations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The impact of The George Balanchine Foundation Inc lies in utilizing the Balanchine legacy to advance the highest standard in dance and its allied arts. Through its programs, music dances, and video archival sales, the foundation contributes to preserving and promoting the rich heritage of Balanchine's work, thereby influencing the landscape of the arts industry. Based in New York, NY, the foundation's mission is to elevate the standards of dance and its related fields by drawing on the teachings and innovations of George Balanchine.
This information is meant to be a general summary of The George Balanchine 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $28,277
- Program Service Revenue: $14,623
- Gross Receipts: $432,011
Assets and Liabilities:
- Total Assets: $697,301
- Total Liabilities: $1,046
- Net Assets: $696,255
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LICENSING/ROYALTIES INCOME
Revenue
$13,193
SALES/PROGRAMMING
Revenue
$1,430
Organization Details
Founding Year
1983
Principal Officer
Mel Schierman
NTEE Category
Code: A63 - Arts
If you are a representative of The George Balanchine Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.