Overview
What is The Ellison Ballet Foundation Inc?
The Ellison Ballet Foundation Inc is a nonprofit organization committed to delivering exceptional ballet education to motivated students. Their primary objective is to nurture and prepare these students for a promising professional career in ballet, by equipping them with essential skills and knowledge. By providing top-tier dance instruction, the foundation aims to foster the development of future ballet artists.
Official website here: www.ellisonballet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% - Two-Star out of Four Star rating
The Ellison Ballet Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in terms of accountability and finance. The overall score reflects a significant focus on financial metrics, particularly the lack of certain governance policies which impacted their score negatively. Their accountability score of 69% suggests that while they are performing well in many areas, there are critical governance aspects that need improvement.
Strengths of the organization include a fully independent board of directors and a strong ratio of program expenses, indicating that funds are being directed towards their mission effectively. They have no reported diversions of assets and maintain transparency by posting their tax form on their website. Despite these strengths, the absence of key governance policies such as a conflict of interest and whistleblower policy has raised concerns among evaluators.
The financial health of the organization appears stable, with a liabilities to assets ratio of 23.13%, showcasing their ability to manage debts responsibly. However, the lack of complete governance documentation may lead to questions regarding their operational integrity in the long term. Improvements in governance policies could enhance their rating in the future, highlighting the importance of these elements for nonprofit sustainability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Ellison Ballet Foundation Inc?
86% of 49 reviewers on Facebook recommend The Ellison Ballet Foundation Inc. Here's a summary of their insights:
The general sentiment among reviewers reflects a positive experience with the training provided by the foundation. Many highlight the high standards set by Mr. Ellison, which is particularly beneficial for those serious about a ballet career. Parents appreciate the rigorous approach that assures strong skill development, and they feel confident in the program's ability to foster their children's talent.
Moreover, the program is specifically noted as being welcoming for boys interested in ballet, which is often a less emphasized area in dance training. Overall, the foundation appears to deliver a quality ballet education that resonates well with both parents and students.
This AI summary has been generated from reviews found on Facebook.
Is The Ellison Ballet Foundation Inc legitimate?
The Ellison Ballet Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ellison 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: $256,462
Professional Fundraising Fees: $0
Other Salaries and Wages: $323,732
For more financial information, click here
Official website here: www.ellisonballet.org
What is the mission statement of The Ellison Ballet Foundation Inc?
The Ellison Ballet Foundation Inc's mission is centered around providing exceptional ballet education to dedicated students, with the ultimate goal of preparing them for successful professional careers in the dance world. The foundation focuses on equipping these students with the essential skills and knowledge required for their chosen profession. It aspires to be a beacon of excellence in the realm of ballet education.
Official website here: www.ellisonballet.org
Who is the CEO of The Ellison Ballet Foundation Inc?
Edward Ellison is the President of The Ellison Ballet Foundation Inc.
Official website here: www.ellisonballet.org
What is the revenue of The Ellison Ballet Foundation Inc?
The Ellison Ballet Foundation Inc's revenue in 2022 was $1,671,970.
Official website here: www.ellisonballet.org
Who are the executives of The Ellison Ballet Foundation Inc and what are their salaries?
The average compensation at The Ellison Ballet Foundation Inc during 2022 was $82,885. There are 7 employees at The Ellison Ballet Foundation Inc.
Here are 2 key members and their salaries:
- Compensation: $157,367
- Related: $0
- Other: $0
- Compensation: $99,095
- Related: $0
- Other: $0
Official website here: www.ellisonballet.org
Where can I find the form 990 for The Ellison Ballet Foundation Inc?
The Ellison Ballet Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ellisonballet.org
Learn more at the official website: www.ellisonballet.org
Mission Statement of The Ellison Ballet Foundation Inc
The Ellison Ballet Foundation, a renowned organization, is committed to providing the finest ballet education to dedicated students. Its mission is to prepare these aspiring dancers for a prosperous career in the professional ballet world. By equipping them with essential skills and knowledge, the foundation aims to foster their growth and development, ultimately helping them realize their dreams in the dance industry.
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Impact
October, 2024
The Ellison Ballet Foundation Inc significantly impacts the ballet community by offering exceptional education tailored for serious ballet students. Its core mission is to prepare motivated individuals for successful professional careers in dance. Through comprehensive training programs, the foundation equips students with the essential skills, discipline, and knowledge required for a career in ballet. The emphasis on high-quality instruction not only fosters talent but also nurtures a passion for dance, enabling students to pursue their dreams with confidence. By focusing on the development of aspiring dancers, the foundation plays a crucial role in shaping the future of ballet, ensuring that well-trained, skilled artists are ready to enter the professional world.
This information is meant to be a general summary of The Ellison 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,663
- Program Service Revenue: $1,633,839
- Gross Receipts: $1,671,970
Assets and Liabilities:
- Total Assets: $745,307
- Total Liabilities: $172,392
- Net Assets: $572,915
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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
$1,201,640
STUDENT HOUSING RECEIPTS
Revenue
$406,385
TICKETS AND MERCHANDISE
Revenue
$25,814
Organization Details
Founding Year
2005
Phone
(646) 385-8485Principal Officer
Edward Ellison
Main Address
248 WEST 60 ST, NEW YORK, NY, 10023
Website
www.ellisonballet.orgNTEE Category
Code: B30 - Education
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