Overview
What is Princeton Ballet Society?
Established in 1954 by Audre Estey, Princeton Ballet Society has developed a prestigious reputation for its comprehensive dance training. Located in New Brunswick, New Jersey, the nonprofit organization attracts around 600 students yearly, ranging from three years old to adults. The teaching faculty consists of experienced professionals and educators who have earned awards for their instructional skills. Students from Princeton Ballet School have found success in diverse dance companies, both in the U.S. and internationally, such as American Ballet Theatre, New York City Ballet, and Miami City Ballet. The society's primary aim is to share the enchantment, elegance, and artistic expression of classical and contemporary dance with New Jersey and beyond. Through its artistic and educational programs, Princeton Ballet Society seeks to inspire and cultivate a passion for dance in its community. The organization currently operates studios in Cranbury, New Brunswick, and Princeton, where all ballet classes are accompanied by live piano music. With a workforce of 106 dedicated individuals, Princeton Ballet Society continues to foster an appreciation for dance and nurture talented dancers.
Official website here: www.arballet.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
The Princeton Ballet Society has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is based entirely on their Accountability & Finance metrics, indicating a strong emphasis on transparency and responsible management of resources. The organization excels in several areas, including having a fully independent board and comprehensive financial oversight practices.
Strengths noted in the evaluation include a high program expense ratio of 84.71%, demonstrating that a significant portion of their funds is allocated directly to their programs. Additionally, they have robust policies in place regarding conflict of interest, whistleblower protections, and document retention, which speaks to their commitment to ethical governance and accountability.
However, a limitation in their financial metrics is highlighted by their liabilities to assets ratio, which received no points in that category. This could indicate potential financial vulnerabilities that may need to be addressed. Overall, the Princeton Ballet Society shows a strong commitment to financial integrity and programmatic focus, with some areas for improvement in financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is Princeton Ballet Society legitimate?
Princeton Ballet Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Princeton Ballet Society 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: $143,940
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,666,983
For more financial information, click here
Official website here: www.arballet.org
What is the mission statement of Princeton Ballet Society?
The Princeton Ballet Society's mission is centered around sharing the enchantment, grace, technique, and creativity of both classical and contemporary dance. They strive to achieve this goal through various artistic and educational programs, reaching beyond their locality in New Jersey. The organization's mission is dedicated to spreading the joy and discipline of dance, thereby enriching the lives of individuals beyond their community. The Princeton Ballet School, an integral part of the Society, has gained a notable reputation for its exceptional dance training since its inception in 1954. The school, which welcomes students from age three to adulthood, boasts a faculty comprised of both professional dancers and dance education experts who have received awards for their teaching methods. Graduates of the Princeton Ballet School have embarked on successful careers in renowned ballet and contemporary dance companies worldwide.
Official website here: www.arballet.org
Who is the CEO of Princeton Ballet Society?
Julie D Hench is the Executive Dir. of Princeton Ballet Society.
Official website here: www.arballet.org
What is the revenue of Princeton Ballet Society?
Princeton Ballet Society's revenue in 2022 was $4,682,315.
Official website here: www.arballet.org
Who are the executives of Princeton Ballet Society and what are their salaries?
The average compensation at Princeton Ballet Society during 2022 was $17,084. There are 106 employees and 28 volunteers at Princeton Ballet Society.
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Official website here: www.arballet.org
Where can I find the form 990 for Princeton Ballet Society?
Princeton Ballet Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.arballet.org
Learn more at the official website: www.arballet.org
Mission Statement of Princeton Ballet Society
Princeton Ballet Society, a distinguished nonprofit organization, is dedicated to spreading the delight, elegance, skill, and rigor of classical and modern dance beyond New Jersey's borders. Through its artistic and educational programs, Princeton Ballet Society aims to share the captivating world of dance with a wide audience.
Since its inception in 1954 by Audre Estey, Princeton Ballet Society's renowned dance school has been attracting students from various age groups, ranging from three years old to adults. With studios located in Cranbury, New Brunswick, and Princeton, the school enrolls around 600 students each year, providing them with exceptional dance training. The classes are led by a faculty that boasts professional performing backgrounds, as well as advanced degrees in dance education and teaching awards.
The students of Princeton Ballet School have gone on to grace stages in various prestigious dance companies, both in the United States and abroad. Some have danced with renowned organizations such as American Ballet Theatre, New York City Ballet, and Paul Taylor Dance Company, while others have found success in contemporary dance companies like Momix and Complexions. Princeton Ballet Society's impact on the dance world is evident in the diverse organizations where its graduates have made their mark.
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Impact
October, 2024
Princeton Ballet Society profoundly influences the cultural landscape of New Jersey and beyond through its commitment to dance education and artistic excellence. Since its establishment in 1954, it has nurtured a passion for dance in approximately 600 students annually, spanning ages three to adult, at locations in Cranbury, New Brunswick, and Princeton. The school is renowned for its exceptional training, guided by a faculty composed of former professional dancers and educators with advanced degrees in dance.
With each ballet class accompanied by live piano music, students not only hone their technical skills but also immerse themselves in a rich artistic experience. Many graduates of Princeton Ballet School have successfully transitioned to prominent stages, performing with prestigious companies such as American Ballet Theatre, New York City Ballet, and numerous contemporary dance ensembles. This legacy has positioned Princeton Ballet Society as a beacon of artistic development and inspiration, fostering a new generation of dancers and enriching the community's cultural fabric through its dedication to the beauty and discipline of dance.
This information is meant to be a general summary of Princeton Ballet Society. 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: $29,890
- Program Service Revenue: $2,003,265
- Gross Receipts: $4,724,911
Assets and Liabilities:
- Total Assets: $2,389,360
- Total Liabilities: $1,235,234
- Net Assets: $1,154,126
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Education/Outreach
Revenue
$123,100
Performance
Revenue
$297,512
School
Revenue
$1,582,653
Organization Details
Founding Year
1954
Phone
(732) 249-1254Principal Officer
Julie D Hench
Main Address
PO Box 250, New Brunswick, NJ, 08903
Website
www.arballet.orgNTEE Category
Code: A630 - Arts
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