Overview
What is Winston Salem Festival Ballet?
Winston Salem Festival Ballet serves as a renowned nonprofit organization, situated in Winston Salem and catering to the Triad area. Their primary mission is to deliver captivating professional ballet and dance performances, aiming to entertain and captivate the local community. The organization adheres to this mission by staging various shows, thereby providing an enriching cultural experience to its audience.
Official website here: www.winstonsalemfestivalballet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 29%
Winston Salem Festival Ballet has received a Zero-Star out of Four Star rating based on a low overall score of 29%. The organization has shown strong governance with 100% independent board members and a fully independent board size, which reflects positively on its leadership. However, significant concerns arise from the lack of financial transparency, as the organization has not provided financial statements and critical policies such as conflict of interest and whistleblower policies are missing.
The financial ratios indicate a troubling situation with a liabilities to assets ratio of 8835.92%, suggesting potential financial instability. Additionally, the program expense ratio is low at 27.26%, which raises concerns about the effectiveness of funds being utilized for the organization’s intended mission. These factors collectively highlight the nonprofit's vulnerabilities, despite some governance strengths.
Overall, while the Winston Salem Festival Ballet has a capable board, the absence of essential financial documents and policies limits its accountability and transparency. Potential donors and supporters should consider these limitations seriously before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Winston Salem Festival Ballet?
90% of 17 reviewers on Facebook recommend Winston-Salem Festival Ballet. Here is a summary of their reviews:
Many patrons describe the organization as a hidden treasure in the community, emphasizing the creativity and originality of the productions. Comments often highlight the exceptional quality of performances, particularly praising Gary Taylor's unique interpretations, such as his rendition of "Dracula." Viewers appreciate the fresh choreography and captivating music, indicating that these elements set the festival apart from other ballet experiences.
Overall, the sentiment is largely positive, with audience members expressing enthusiasm for the innovative work presented by the festival. Those who attend feel that they are treated to a rich and engaging artistic experience that is both unique and memorable.
This AI summary has been generated from reviews found on Facebook.
Is Winston Salem Festival Ballet legitimate?
Winston Salem Festival Ballet is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winston Salem Festival Ballet 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: $59,325
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.winstonsalemfestivalballet.org
What is the mission statement of Winston Salem Festival Ballet?
The Winston Salem Festival Ballet is committed to delivering professional ballet and dance performances, serving as a source of entertainment for audiences in the surrounding area. Their mission is to present captivating ballet shows, contributing to the cultural enrichment of the community. By offering these performances, they aim to engage and captivate the audience, providing an enjoyable and entertaining experience. The ballet company's primary focus is on showcasing the art of dance, promoting appreciation and love for this art form.
Official website here: www.winstonsalemfestivalballet.org
Who is the CEO of Winston Salem Festival Ballet?
Rita Taylor is the Executive Director of Winston Salem Festival Ballet.
Official website here: www.winstonsalemfestivalballet.org
What is the revenue of Winston Salem Festival Ballet?
Winston Salem Festival Ballet's revenue in 2022 was $506,907.
Official website here: www.winstonsalemfestivalballet.org
Who are the executives of Winston Salem Festival Ballet and what are their salaries?
Here are 12 key members and their salaries:
- Compensation: $33,935
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- Other: $0
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Official website here: www.winstonsalemfestivalballet.org
Where can I find the form 990 for Winston Salem Festival Ballet?
Winston Salem Festival Ballet's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.winstonsalemfestivalballet.org
Learn more at the official website: www.winstonsalemfestivalballet.org
Mission Statement of Winston Salem Festival Ballet
Winston Salem Festival Ballet, a renowned nonprofit organization, is dedicated to bringing professional ballet and dance performances to the public. Their primary mission is to provide entertainment for the community in Winston Salem and the surrounding Triad area. Through their performances, they aim to captivate audiences with the beauty and grace of ballet and dance, offering an enriching cultural experience.
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Impact
July, 2024
Winston Salem Festival Ballet's impact is seen through its professional ballet and dance shows that provide entertainment for the people of Winston Salem and the Triad area. The performances not only showcase the artistry and talent of the dancers but also contribute to the cultural enrichment of the community. Through their shows, Winston Salem Festival Ballet plays a significant role in promoting and preserving the art of ballet and dance in the region, making a positive impact on the local arts scene.
This information is meant to be a general summary of Winston Salem Festival Ballet. 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.
- Program Service Revenue: $401,576
- Gross Receipts: $506,907
Assets and Liabilities:
- Total Assets: $3,004
- Total Liabilities: $71,130
- Net Assets: -$68,126
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program
Revenue
$363,363
Rentals
Revenue
$30,950
Special Events
Revenue
$1,125
Organization Details
Founding Year
2008
Principal Officer
Rita Taylor
Main Address
418 N Marshall Street STE P, Winston Salem, NC, 27101
NTEE Category
Code: A63 - Arts
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