Overview
What is Nimbus Dance Works Inc?
Nimbus Dance Works Inc, situated in Jersey City, New Jersey, serves as a vibrant and influential arts organization, deeply committed to equity, diversity, and excellence. The nonprofit's core activities include a performing dance company and youth dance education. By integrating dance company performances, an arts center, school, and community programming, Nimbus Dance Works strives to impact individuals and communities. It weaves these elements together to enhance Jersey City and extend its influence beyond, fostering neighborhood improvement, promoting social well-being, and cultivating unity. Nimbus Dance Works innovates in the arts by developing new works, collaborating with artists and organizations across disciplines, and offering accessible arts education. The organization provides a platform for people to engage with, participate in, and benefit from the arts, embodying its motto: "We are our community!" With a dedicated staff of 26 individuals, Nimbus Dance Works stands as a beacon of creativity and community involvement.
Official website here: www.nimbusdanceworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating
Nimbus Dance Works Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting an overall score of 90%. This high rating is primarily derived from their Accountability & Finance metrics, which are crucial for assessing a nonprofit’s financial health and transparency. The organization demonstrates a strong commitment to maintaining independent governance, with 100% independent board members and a robust board size, contributing positively to their accountability scores.
The organization excels in financial oversight, as indicated by their perfect scores in several areas, including financial statements and policies related to conflict of interest and whistleblower protections. Such strong financial practices suggest that the organization is well-managed and dedicated to responsible stewardship of resources. Their program expense ratio of 74.22% indicates a significant focus on programmatic spending, which is essential for fulfilling their mission effectively.
However, there are areas for improvement, particularly in the liabilities to assets ratio, which stands at 57.49%. While this is not a critical concern, it suggests that there may be some financial leverage that could be monitored closely. Overall, Nimbus Dance Works Inc stands out as a reputable nonprofit with solid financial practices and governance structures in place.
This AI summary has been generated from information found on Charity Navigator.
Is Nimbus Dance Works Inc legitimate?
Nimbus Dance Works Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nimbus Dance Works 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: $112,204
Professional Fundraising Fees: $0
Other Salaries and Wages: $414,592
For more financial information, click here
Official website here: www.nimbusdanceworks.org
What is the mission statement of Nimbus Dance Works Inc?
Nimbus Dance Works Inc's mission is centered around utilizing the power of the arts to positively impact individuals and communities. As a prominent arts organization, it is committed to equity, diversity, and excellence. Nimbus weaves together dance company performances, an arts center, a school, and community programming to achieve its objectives. The organization seeks to uplift the arts, spreading its influence beyond Jersey City to improve neighborhoods and promote social well-being, fostering unity in the process. Nimbus innovates in the arts by developing new work, collaborating with artists and arts organizations from various disciplines, and offering accessible arts education. It creates opportunities for people to engage with and benefit from the arts.
Official website here: www.nimbusdanceworks.org
Who is the CEO of Nimbus Dance Works Inc?
Reinfred Forson is the President of Nimbus Dance Works Inc.
Official website here: www.nimbusdanceworks.org
What is the revenue of Nimbus Dance Works Inc?
Nimbus Dance Works Inc's revenue in 2022 was $1,246,525.
Official website here: www.nimbusdanceworks.org
Who are the executives of Nimbus Dance Works Inc and what are their salaries?
The average compensation at Nimbus Dance Works Inc during 2022 was $20,261. There are 26 employees and 29 volunteers at Nimbus Dance Works Inc.
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Official website here: www.nimbusdanceworks.org
Where can I find the form 990 for Nimbus Dance Works Inc?
Nimbus Dance Works Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nimbusdanceworks.org
Learn more at the official website: www.nimbusdanceworks.org
Mission Statement of Nimbus Dance Works Inc
Nimbus Dance Works Inc, as a performing dance company and youth dance education organization, employs the power of the arts to impact individuals and communities. As a vibrant anchor arts organization invested in equity, diversity, and excellence, Nimbus weaves together dance company, arts center, school, and community programming. Their mission begins with the arts, aiming to lift up and permeate various neighborhoods, promoting social well-being and cultivating unity. Nimbus Dance Works Inc pushes the boundaries of the arts by innovating new work, collaborating with artists and arts organizations of all disciplines, and developing accessible arts education. They create spaces where people can access, participate in, and benefit from the arts, ultimately playing a significant role in improving the lives of countless individuals.
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Impact
October, 2024
Nimbus Dance Works Inc. significantly enriches the cultural landscape of Jersey City and beyond by harnessing the transformative power of the arts. As a prominent arts organization, it serves as a catalyst for community engagement, promoting social well-being and fostering unity among diverse populations. Through a dynamic combination of a performing dance company, arts center, and educational programs, Nimbus creates opportunities for individuals to access and participate in the arts, thereby enhancing their quality of life.
By prioritizing equity, diversity, and excellence, Nimbus Dance Works pushes the boundaries of traditional dance and arts programming. The organization innovates new works, collaborates with a variety of artists across different disciplines, and ensures arts education is accessible to all. This comprehensive approach not only uplifts the local community but also empowers individuals, allowing them to express themselves creatively and connect with others.
Nimbus's impact is felt in neighborhoods transformed by artistic engagement and a strengthened sense of community, positioning it as a vital anchor institution that enriches the lives of many.
This information is meant to be a general summary of Nimbus Dance Works 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: $1,273
- Program Service Revenue: $693,274
- Gross Receipts: $1,246,525
Assets and Liabilities:
- Total Assets: $1,475,855
- Total Liabilities: $199,211
- Net Assets: $1,276,644
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$583,836
PERFORMANCE ADMISSIONS
Revenue
$109,438
Organization Details
Founding Year
2011
Phone
(201) 377-0718Principal Officer
Reinfred Forson
Main Address
329 WARREN STREET, JERSEY CITY, NJ, 07302
Website
www.nimbusdanceworks.orgNTEE Category
Code: A62 - Arts
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