Overview
What is New Jersey Ballet Company Inc?
New Jersey Ballet Company Inc, situated in Florham Park, New Jersey, serves as a distinguished professional dance organization within the state. With a commitment to upholding excellence, the company presents an annual schedule of approximately 50 public performances and activities. This encompasses classical ballets, contemporary programs, repertory concerts, children's matinees, and educational programs in schools. The company's mission is to contribute to New Jersey's cultural landscape by offering a top-tier dance company, preserving artistic standards, and enhancing the educational experience of public schoolchildren of all ages through dance. With a dedicated workforce of 63 individuals, the New Jersey Ballet Company Inc plays an essential role in fostering artistic growth and cultural awareness within the community.
Official website here: www.njballet.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 85%, Three-Star out of Four Star rating.
New Jersey Ballet Company Inc has received a solid rating of 85% from Charity Navigator, reflecting strong accountability and financial practices. The organization boasts an impressive composition of its board, with 100% independent members, and maintains transparency through well-documented policies and procedures, such as conflict of interest and whistleblower policies.
The nonprofit also demonstrates a healthy program expense ratio of 70.01%, indicating that a significant portion of its funds is directed towards its mission-related activities. Additionally, there are no reported issues regarding material diversion of assets, which enhances its credibility and trustworthiness within the nonprofit sector.
However, the organization shows a liability to assets ratio of 64.19%, which may raise some concerns regarding financial stability. Overall, New Jersey Ballet Company Inc appears to be effectively managed and committed to its goals, although potential donors should consider the financial ratios when evaluating its long-term viability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about New Jersey Ballet Company Inc?
Though New Jersey Ballet Company Inc has not yet accumulated enough ratings for an overall score, the available reviews reflect a generally positive experience. One attendee shared that their first visit to a ballet performance, specifically the Nutcracker, was memorable and enjoyable for the entire family. They praised the talent of the dancers, the beautiful music, and the stunning stage sets.
The enthusiasm of this review suggests that attendees appreciate the quality of the performances and find them engaging. It leaves a clear impression that the organization likely delivers a delightful experience for its patrons, sparking excitement for future shows. Overall, it seems that visitors have a strong appreciation for the artistry and presentation offered by New Jersey Ballet Company Inc.
This AI summary has been generated from reviews found on Facebook.
Is New Jersey Ballet Company Inc legitimate?
New Jersey Ballet Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Jersey Ballet Company 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: $905,150
For more financial information, click here
Official website here: www.njballet.org
What is the mission statement of New Jersey Ballet Company Inc?
The New Jersey Ballet Company Inc's mission is centered around establishing a top-tier professional dance company within New Jersey. They strive to uphold the highest artistic and choreographic standards. A significant part of their mission involves enriching the cultural education of children in public schools across various age groups in New Jersey. They accomplish this through a diverse range of annual performances and activities, including full-length classical ballets, contemporary programs, educational programs, and matinees specifically designed for children. Additionally, they engage in school residencies, further extending their reach and commitment to fostering an appreciation for dance among the younger generation.
Official website here: www.njballet.org
Who is the CEO of New Jersey Ballet Company Inc?
Scott T Tross Esq is the Director of New Jersey Ballet Company Inc.
Official website here: www.njballet.org
What is the revenue of New Jersey Ballet Company Inc?
New Jersey Ballet Company Inc's revenue in 2023 was $2,295,624.
Official website here: www.njballet.org
Who are the executives of New Jersey Ballet Company Inc and what are their salaries?
The average compensation at New Jersey Ballet Company Inc during 2023 was $14,367. There are 63 employees and 5 volunteers at New Jersey Ballet Company Inc.
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Official website here: www.njballet.org
Where can I find the form 990 for New Jersey Ballet Company Inc?
New Jersey Ballet Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.njballet.org
Learn more at the official website: www.njballet.org
Mission Statement of New Jersey Ballet Company Inc
New Jersey Ballet Company Inc is dedicated to establishing a top-tier professional dance company within the state. Their primary goal is to uphold the highest artistic and repertory standards. Beyond this, they strive to enrich the cultural education of public school children across all age groups in New Jersey. To achieve this, the company presents a diverse range of performances and activities annually. These include full-length classical ballets, contemporary programs, repertory concerts, and matinees specifically tailored for children. Furthermore, New Jersey Ballet Company Inc extends its reach into schools through educational programs and residencies, ensuring that the art of dance is accessible and beneficial to a wide audience.
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Impact
October, 2024
New Jersey Ballet Company Inc significantly enriches the cultural landscape of New Jersey through its dedication to high-quality professional dance. With an annual schedule featuring nearly 50 public performances, including full-length classical ballets and contemporary programs, the company offers diverse artistic experiences that engage audiences of all ages.
By maintaining the highest standards of artistry and repertory, the company not only showcases exceptional dance talent but also elevates the overall appreciation for the art form within the community. Additionally, its commitment to educational programs and residencies in schools plays a crucial role in inspiring and fostering a love for dance among students, ensuring that cultural education is accessible to public school children throughout New Jersey.
The impact of New Jersey Ballet extends beyond the stage; it contributes to the cultural enrichment of the region, supports the arts community, and cultivates the next generation of artists and audiences.
This information is meant to be a general summary of New Jersey Ballet Company 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 2023.
- Investment Income: $12,582
- Program Service Revenue: $1,178,717
- Gross Receipts: $2,392,978
Assets and Liabilities:
- Total Assets: $3,809,108
- Total Liabilities: $2,445,228
- Net Assets: $1,363,880
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Admissions/Box office
Revenue
$685,174
Dancewear/Boutique Sales
Revenue
$63,481
Miscellaneous
Tuition and Workshop
Revenue
$430,062
Organization Details
Founding Year
1958
Phone
(973) 597-9600Principal Officer
Scott T Tross Esq
Main Address
7-9 Vreeland Road, Florham Park, NJ, 07932
Website
www.njballet.orgNTEE Category
Code: A630 - Arts
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