Eastern Connecticut Ballet Inc

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

EIN: 223147794 ✦ East lyme, CT ✦ Designated as a 501(c)(3)

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Overview

What is Eastern Connecticut Ballet Inc?

Eastern Connecticut Ballet Inc, located at 435 Boston Post Road, East Lyme, Connecticut 06333, is a nonprofit organization committed to the instruction of young individuals in various performing arts, including ballet and dance. With a workforce of six dedicated individuals, the organization's mission is to provide a nurturing environment where young learners can develop their skills and passion for dance and ballet. The nonprofit offers a comprehensive curriculum, fostering artistic growth and creativity in the local community.


Official website here: www.easternctballet.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.

Eastern Connecticut Ballet Inc has a mixed performance according to Charity Navigator. The organization boasts a strong accountability and finance score of 73%, with a notably high percentage of independent board members, demonstrating good governance. Additionally, it shows an impressive program expense ratio of 92.33%, indicating that a significant portion of its expenses goes directly towards its programs.

However, the organization faces significant limitations in its financial transparency. It received no points for financial statements and lacks essential policies, such as a whistleblower policy and document retention and destruction policy. Furthermore, the absence of posted tax forms on its website detracts from its overall accountability, which could be a concern for potential donors and stakeholders.


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

Is Eastern Connecticut Ballet Inc legitimate?

Eastern Connecticut Ballet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Connecticut Ballet 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: $198,428

For more financial information, click here


Official website here: www.easternctballet.com

What is the mission statement of Eastern Connecticut Ballet Inc?

Eastern Connecticut Ballet Inc's primary mission is to educate and instruct young individuals in various aspects of ballet, dance, and other performing arts. Through their activities, they strive to provide a comprehensive learning experience in these art forms, fostering talent and creativity among the youth. The organization's focus is on teaching and nurturing the skills required in these performing arts, thereby contributing to the personal growth and development of the young learners.


Official website here: www.easternctballet.com

Who is the CEO of Eastern Connecticut Ballet Inc?

Lise Reardon is the President/Treasurer of Eastern Connecticut Ballet Inc.


Official website here: www.easternctballet.com

What is the revenue of Eastern Connecticut Ballet Inc?

Eastern Connecticut Ballet Inc's revenue in 2023 was $719,989.


Official website here: www.easternctballet.com

Who are the executives of Eastern Connecticut Ballet Inc and what are their salaries?

The average compensation at Eastern Connecticut Ballet Inc during 2023 was $33,071. There are 6 employees and 378 volunteers at Eastern Connecticut Ballet Inc.


Here are 10 key members and their salaries:


Lise Reardon (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Reardon (Vice President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Shay (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Buchanan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bret Hammen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Hammen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Wallace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larissa Higgins (Director - From 05/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Buchanan (Director - From 05/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gellar (Director - Until 5/23)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.easternctballet.com

Where can I find the form 990 for Eastern Connecticut Ballet Inc?

Eastern Connecticut Ballet Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.easternctballet.com

Learn more at the official website: www.easternctballet.com

Mission Statement of Eastern Connecticut Ballet Inc

Eastern Connecticut Ballet Inc is dedicated to providing instruction in various performing arts, with a primary focus on ballet and dance. This nonprofit organization's mission is to educate and cultivate young talents in these arts, fostering their growth and development. By offering classes and training programs, Eastern Connecticut Ballet Inc aims to equip youths with the skills and knowledge needed to excel in the performing arts, enabling them to express themselves creatively and artistically.

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Impact




October, 2024

Eastern Connecticut Ballet Inc positively impacts the community by providing high-quality instruction in ballet, dance, and other performing arts to youth in the region. This commitment fosters artistic expression, creativity, and discipline among young participants, enhancing their personal development and self-confidence. Through its programs, Eastern Connecticut Ballet Inc cultivates a love for the arts in students, offering them opportunities to perform, collaborate, and engage with the cultural community. By promoting the importance of the performing arts, the organization contributes to a vibrant local arts scene and encourages a lifelong appreciation for dance and creativity among the next generation.




This information is meant to be a general summary of Eastern Connecticut Ballet 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
$719,989 (2023)
Expenses
$714,148 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,678
  • Program Service Revenue: $620,743
  • Gross Receipts: $720,105

Assets and Liabilities:

  • Total Assets: $118,336
  • Total Liabilities: $0
  • Net Assets: $118,336

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Programs

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

TUITION

Revenue

$426,128

TICKET SALES

Revenue

$165,675

PERFORMANCE FEES

Revenue

$11,517

COMPANY FEE

Revenue

$9,135

OTHER PROGRAM SERVICE

Revenue

$6,123

Organization Details

Founding Year

1992

Principal Officer

Lise Reardon

Main Address

435 BOSTON POST ROAD, EAST LYME, CT, 06333

NTEE Category

Code: A63 - Arts

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