Overview
What is Broadway Dreams Foundation Corporation?
The Broadway Dreams Foundation Corporation, located in Alpharetta, Georgia, is a nonprofit organization with a mission to uplift and inspire youth and young adults from diverse socioeconomic backgrounds. Through their initiatives, they provide valuable performance training, life skills development, and mentorship opportunities, all guided by distinguished professionals from the entertainment industry. With a workforce of five dedicated individuals, the foundation aims to equip these individuals with the necessary skills and connections to excel in their chosen fields.
Official website here: www.broadwaydreams.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)
The Broadway Dreams Foundation Corporation has received a strong rating of 85%, reflecting robust accountability and financial practices. The organization demonstrates a commitment to transparency, with 94% of its board members being independent. Additionally, it maintains a solid financial structure, evidenced by a low liabilities-to-assets ratio of 6.36% and a program expense ratio of over 79%, indicating that a significant portion of its funding is directed towards its mission.
User reviews highlight the effectiveness of the foundation's training programs, particularly its summer intensive courses that offer students the opportunity to learn from experienced Broadway professionals. One client emphasized the program's ability to foster self-confidence and personal growth, showcasing the talents of students through concluding performances. This positive feedback underscores the foundation's impact on aspiring performers in the musical theatre realm.
While the organization has shown strengths in governance and program execution, ongoing assessment of its programs and services will be essential for maintaining its positive trajectory. Overall, the Broadway Dreams Foundation stands out as a valuable resource for students pursuing careers in the performing arts.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Broadway Dreams Foundation Corporation legitimate?
Broadway Dreams Foundation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broadway Dreams Foundation Corporation 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: $448,455
For more financial information, click here
Official website here: www.broadwaydreams.org
What is the mission statement of Broadway Dreams Foundation Corporation?
The Broadway Dreams Foundation Corporation is committed to empowering young individuals from various socioeconomic backgrounds. They achieve this by providing them with comprehensive performance training, fostering the development of essential life skills, and offering mentorship opportunities from renowned talents in the entertainment industry. The organization's primary goal is to equip these young adults with the necessary tools to excel in their careers and grow as individuals. Through this holistic approach, the Broadway Dreams Foundation aims to open up opportunities in the entertainment industry for a diverse range of young talents.
Official website here: www.broadwaydreams.org
Who is the CEO of Broadway Dreams Foundation Corporation?
Victoria Morris is the Secretary of Broadway Dreams Foundation Corporation.
Official website here: www.broadwaydreams.org
What is the revenue of Broadway Dreams Foundation Corporation?
Broadway Dreams Foundation Corporation's revenue in 2022 was $986,721.
Official website here: www.broadwaydreams.org
Who are the executives of Broadway Dreams Foundation Corporation and what are their salaries?
The average compensation at Broadway Dreams Foundation Corporation during 2022 was $89,691. There are 5 employees and 50 volunteers at Broadway Dreams Foundation Corporation.
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Official website here: www.broadwaydreams.org
Where can I find the form 990 for Broadway Dreams Foundation Corporation?
Broadway Dreams Foundation Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.broadwaydreams.org
Learn more at the official website: www.broadwaydreams.org
Mission Statement of Broadway Dreams Foundation Corporation
Broadway Dreams Foundation Corporation's mission is centered around empowering youth and young adults from different socioeconomic backgrounds. This nonprofit organization strives to provide them with valuable performance training, life skills building, and invaluable mentorship opportunities from the entertainment industry's most esteemed professionals. By doing so, Broadway Dreams Foundation Corporation aims to equip these individuals with the necessary tools to excel in their chosen careers and navigate the challenges of the entertainment industry. Overall, the foundation's mission is to foster personal growth and success in young talented individuals.
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Impact
October, 2024
Broadway Dreams Foundation Corporation empowers youth and young adults from diverse socioeconomic backgrounds through performance training, life skills development, and mentorship. By connecting participants with distinguished talents from the entertainment industry, it fosters artistic growth and personal development. The foundation cultivates confidence and creativity, providing invaluable skills that extend beyond the stage. This holistic approach not only enhances artistic abilities but also prepares individuals for various life challenges, promoting resilience and a sense of community among aspiring performers. The impact resonates through enhanced self-esteem, improved social skills, and a greater understanding of the arts, creating pathways to success in both personal and professional realms.
This information is meant to be a general summary of Broadway Dreams Foundation Corporation. 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: $2,398
- Program Service Revenue: $130,039
- Gross Receipts: $1,148,255
Assets and Liabilities:
- Total Assets: $206,224
- Total Liabilities: $13,129
- Net Assets: $193,095
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$130,039
Organization Details
Founding Year
2007
Phone
(646) 315-0334Principal Officer
Victoria Morris
Main Address
8965 Brockham Way, Alpharetta, GA, 30022
Website
www.broadwaydreams.orgNTEE Category
Code: A62 - Arts
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