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Ballet Artists Of Western New York Inc

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

EIN: 161566576 ✦ Bufflo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ballet Artists Of Western New York Inc?

Ballet Artists of Western New York Inc, situated at 2495 Main Street 600, Buffalo, NY 14214, is a nonprofit organization dedicated to preserving and making exceptional artistic talent in classical ballet accessible through both training and performances. With a team of eight individuals, this organization's mission revolves around fostering an environment that nurtures and showcases the finest ballet skills, thereby enriching the community with captivating performances.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star Rating

Ballet Artists Of Western New York Inc has received an impressive Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The organization scored 94% in the Accountability & Finance category, which is based solely on a comprehensive evaluation of their financial practices and transparency.

The nonprofit boasts a fully independent board, scoring 100% on board member independence, indicating a commitment to governance and decision-making free from conflicts of interest. Additionally, the organization has demonstrated strong financial controls, with no material diversions of assets and a responsible liabilities-to-assets ratio of 2.89%. Their program expense ratio of 72.14% shows that a significant portion of their budget is directed towards their mission-related programs.

Notably, Ballet Artists Of Western New York Inc maintains robust policies regarding conflicts of interest, whistleblower protections, and document retention, further underscoring their commitment to ethical operations. Overall, the organization appears to be well-managed and dedicated to its mission in the arts community.


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

Is Ballet Artists Of Western New York Inc legitimate?

Ballet Artists Of Western New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballet Artists Of Western 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: $155,876
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,006

For more financial information, click here

What is the mission statement of Ballet Artists Of Western New York Inc?

The mission of Ballet Artists of Western New York Inc. is centered around preserving and making accessible exceptional artistry through classical ballet training and performances. They strive to uphold this mission by providing comprehensive ballet training and presenting captivating performances to the public. By doing so, they aim to promote and celebrate the beauty and elegance of classical ballet. Their activities are geared towards fostering talent and sharing the joy of ballet with a wider audience.

Who is the CEO of Ballet Artists Of Western New York Inc?

Heidi Halt Neglia is the Executive Dir. of Ballet Artists Of Western New York Inc.

What is the revenue of Ballet Artists Of Western New York Inc?

Ballet Artists Of Western New York Inc's revenue in 2022 was $688,034.

Who are the executives of Ballet Artists Of Western New York Inc and what are their salaries?

The average compensation at Ballet Artists Of Western New York Inc during 2022 was $29,735. There are 8 employees and 20 volunteers at Ballet Artists Of Western New York Inc.


Here are 11 key members and their salaries:


Heidi Halt Neglia (Executive Dir.)
  • Compensation: $65,569
  • Related: $0
  • Other: $0
Sergio Neglia (Artistic Dir.)
  • Compensation: $65,569
  • Related: $0
  • Other: $0
Bronwen Battaglia (Director - Comm)
  • Compensation: $51,668
  • Related: $0
  • Other: $0
Kim Nicosia (Director - Adv.)
  • Compensation: $10,857
  • Related: $0
  • Other: $0
Brian Pagkos (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Wietig (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Florczak (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morgan Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Obringer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Cosbey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Malof (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ballet Artists Of Western New York Inc?

Ballet Artists Of Western New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ballet Artists Of Western New York Inc

Ballet Artists of Western New York Inc is dedicated to preserving and making exceptional artistic talent in classical ballet accessible to the public through rigorous training and captivating performances. Their mission is twofold: first, they aim to preserve the rich heritage and techniques of classical ballet; second, they strive to make this art form accessible to a wide audience by providing training opportunities and mounting performances that showcase the skills of their dancers. By doing so, Ballet Artists of Western New York Inc seeks to enrich the cultural landscape and provide a platform for aspiring dancers to hone their craft and share their passion for ballet with others.

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Impact




July, 2024

Ballet Artists of Western New York Inc is making a significant impact by preserving and making accessible exceptional artistry through classical ballet training and performances in Buffalo, NY. Through their mission, they are not only promoting the art of ballet but also providing opportunities for individuals to learn and experience this beautiful form of expression. Their commitment to preserving and sharing classical ballet contributes to the cultural enrichment of the community and helps cultivate a deeper appreciation for the arts. As a result, they are fostering a thriving arts scene in Western New York and inspiring future generations of dancers and audiences.




This information is meant to be a general summary of Ballet Artists Of Western 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.

Revenue
$688,034 (2022)
Expenses
$583,548 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,860
  • Program Service Revenue: $257,281
  • Gross Receipts: $701,133

Assets and Liabilities:

  • Total Assets: $510,771
  • Total Liabilities: $15,144
  • Net Assets: $495,627

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Programs

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

DANCE TUITION

Revenue

$137,839

OTHER SUPPORT AND REVENUE

Revenue

$4,771

PERFORMANCE FEES/TICKETS

Revenue

$114,671

Organization Details

Founding Year

2002

Principal Officer

Heidi Halt Neglia

Main Address

2495 MAIN STREET 600, BUFFLO, NY, 14214

NTEE Category

Code: A63 - Arts

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