Overview
What is New Orleans Ballet Association?
The New Orleans Ballet Association, located at 935 Gravier Street, New Orleans, Louisiana 70112, is a distinguished nonprofit organization. Known for its internationally acclaimed and award-winning programs, NOBA offers a wide range of accessible and inclusive arts instruction and performance opportunities for individuals aged 3 to 80+. With over 3,000 dance, arts movement, and health/wellness classes, this organization has made a significant impact in the community. Notably, NOBA hosted the first performance on its Main Stage Season since January 2020, featuring Tango Fire of Argentina at the Mahalia Jackson Theater for the Performing Arts on January 22, 2022. The organization's dedicated workforce of 5 individuals continues to enrich the lives of numerous individuals in New Orleans.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 80% (Three-Star out of Four Star rating).
The New Orleans Ballet Association has earned a respectable Three-Star rating, reflecting its overall efficiency and governance. With an independent board comprising 100% members, the organization demonstrates strong oversight, and its financial practices are commendable, as indicated by the lack of material asset diversion and a solid conflict of interest policy. The program expense ratio is notably high at 83.12%, which suggests that a significant portion of its funding is directed towards its mission.
Financially, the organization appears stable, with a low liabilities-to-assets ratio of 2.60% and substantial working capital of 2.43 years, indicating a healthy buffer for operational needs. Additionally, the fundraising efficiency ratio of $0.13 shows that the organization is effective in generating funds relative to its expenses, which is a positive indicator for donors.
However, while the overall financial health and governance of the organization are impressive, potential donors might still seek more insight into its specific programs and impact to understand how effectively those funds translate into community benefits. Overall, the New Orleans Ballet Association appears to be a well-managed nonprofit with a focus on its core ballet mission.
This AI summary has been generated from information found on Charity Navigator.
Is New Orleans Ballet Association legitimate?
New Orleans Ballet Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Orleans Ballet Association 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: $340,409
For more financial information, click here
What is the mission statement of New Orleans Ballet Association?
The New Orleans Ballet Association (NOBA) is committed to offering accessible, inclusive, and comprehensive quality arts instruction and performance opportunities for individuals ranging from 3 to 80+ years old. With over 3,000 dance, arts movement, and health/wellness classes, NOBA aims to provide a wide array of opportunities for personal growth and artistic expression. The internationally recognized organization's mission is centered around promoting quality arts education and performances, ensuring they are inclusive and accessible to a broad audience.
Who is the CEO of New Orleans Ballet Association?
Cathy M Green is the Treasurer of New Orleans Ballet Association.
What is the revenue of New Orleans Ballet Association?
New Orleans Ballet Association's revenue in 2022 was $2,290,837.
Who are the executives of New Orleans Ballet Association and what are their salaries?
The average compensation at New Orleans Ballet Association during 2022 was $68,082. There are 5 employees and 300 volunteers at New Orleans Ballet Association.
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Where can I find the form 990 for New Orleans Ballet Association?
New Orleans Ballet Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Orleans Ballet Association
The New Orleans Ballet Association (NOBA) is committed to delivering internationally renowned, award-winning service programs that cater to a diverse range of individuals, from ages 3 to 80+. These programs offer an extensive array of dance, arts movement, and health/wellness classes, totaling over 3,000 sessions. NOBA's mission is to make these opportunities accessible, inclusive, and comprehensive, ensuring quality instruction and performances for all who participate. By doing so, the organization aims to foster a sense of community and encourage personal growth through the arts.
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Impact
October, 2024
The New Orleans Ballet Association (NOBA) significantly enriches the cultural landscape of New Orleans by providing accessible and inclusive arts education and performance opportunities. Its award-winning programs cater to a diverse age range, serving individuals from age 3 to over 80, with more than 3,000 classes in dance, arts movement, and health and wellness. This wide reach fosters community engagement and nurtures artistic expression across generations.
Events like the return of Tango Fire of Argentina on January 22, 2022, at the Mahalia Jackson Theater mark important cultural moments for the city, revitalizing the performing arts scene after a hiatus and bringing high-quality performances to local audiences. NOBA's commitment to accessible arts instruction ensures that the community can not only appreciate but also participate in the rich tapestry of dance and movement, promoting overall health and wellness through the arts. In doing so, NOBA plays a crucial role in both the artistic and social vibrancy of New Orleans.
This information is meant to be a general summary of New Orleans Ballet Association. 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: $7,634
- Program Service Revenue: $704,274
- Gross Receipts: $2,372,176
Assets and Liabilities:
- Total Assets: $4,179,285
- Total Liabilities: $136,421
- Net Assets: $4,042,864
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ticket Sales
Revenue
$704,274
Organization Details
Founding Year
1969
Phone
(504) 522-0996Principal Officer
Cathy M Green
Main Address
935 Gravier Street, New Orleans, LA, 70112
NTEE Category
Code: A610 - Arts
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