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Festival Ballet Albuquerque

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271993089 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

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Overview

What is Festival Ballet Albuquerque?

Festival Ballet Albuquerque is a distinguished nonprofit organization, based in Albuquerque, New Mexico. Its primary purpose, as outlined by the Internal Revenue Code, is to promote and enhance the appreciation of dance within the community. To achieve this, they engage in educational and charitable activities. They were recognized and accepted into Regional Dance America Southwest, a prestigious national dance organization, making them the sole representative from New Mexico. In March, they showcased two of their works at the Regional Dance America Southwest Spring Festival in Dallas, Texas. Their mission extends beyond performances, aiming to provide dance education and development to the community.


Official website here: www.festivalballetabq.org

Is Festival Ballet Albuquerque legitimate?

Festival Ballet Albuquerque is a legitimate nonprofit organization registered as a 501(c)(3) entity. Festival Ballet Albuquerque 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: $203
Other Salaries and Wages: $5,085

For more financial information, click here


Official website here: www.festivalballetabq.org

What is the mission statement of Festival Ballet Albuquerque?

Festival Ballet Albuquerque, as a non-profit organization, is dedicated to promoting the art of dance within its community. It aims to foster appreciation and advancement of dance through educational and charitable activities, aligning with section 501(c)(3) of the Internal Revenue Code. The corporation's primary goal is to present and educate about dance, and it was honored to represent New Mexico at the Regional Dance America Southwest Spring Festival in Dallas, Texas. Festival Ballet Albuquerque was the only adjudicated and accepted member from New Mexico in this prestigious national dance organization.


Official website here: www.festivalballetabq.org

Who is the CEO of Festival Ballet Albuquerque?

Edward Merewether is the Executive President/Direct of Festival Ballet Albuquerque.


Official website here: www.festivalballetabq.org

What is the revenue of Festival Ballet Albuquerque?

Festival Ballet Albuquerque's revenue in 2022 was $261,402.


Official website here: www.festivalballetabq.org

Who are the executives of Festival Ballet Albuquerque and what are their salaries?

The average compensation at Festival Ballet Albuquerque during 2022 was $2,542. There are 2 employees and 51 volunteers at Festival Ballet Albuquerque.


Here are 9 key members and their salaries:


Edward K Merewether (Executive President/Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Giannini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Coralee Quintana (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Dickinson Wells (Director/Choreographer)
  • Compensation: $18,810
  • Related: $0
  • Other: $0
Douglas Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eva Rios Ornelas (Secretary)
  • Compensation: $1,950
  • Related: $0
  • Other: $0
Linda M Sedillo Gonzales (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.festivalballetabq.org

Where can I find the form 990 for Festival Ballet Albuquerque?

Festival Ballet Albuquerque's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.festivalballetabq.org

Learn more at the official website: www.festivalballetabq.org

Mission Statement of Festival Ballet Albuquerque

Festival Ballet Albuquerque, as a nonprofit organization, is dedicated to promoting the appreciation and advancement of dance within its community. It operates under the educational and charitable purposes outlined in section 501(c)(3) of the Internal Revenue Code of 1986. The corporation's primary goal is to foster the art of dance, providing opportunities for both performance and education. Festival Ballet Albuquerque plays a significant role in enhancing the local community's understanding and appreciation of dance. Beyond this, the organization strives to offer platforms for dance performances, contributing to its development and growth.

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Impact




October, 2024

Festival Ballet Albuquerque (FBA) significantly enhances the cultural landscape of Albuquerque and the broader New Mexico community through its dedication to the art of dance. By being the only adjudicated and accepted member from New Mexico in the esteemed Regional Dance America Southwest Spring Festival, FBA amplifies the state's presence in the national arts arena and showcases local talent on an influential platform.

The organization not only presents high-quality performances but also emphasizes education and community engagement, fostering a deeper appreciation for dance among diverse audiences. Through performances, workshops, and outreach programs, FBA cultivates an inclusive environment that inspires creativity and encourages participation in the arts. Its commitment to advancing dance within the community ultimately enriches the cultural fabric of Albuquerque, creating lasting impacts on both artists and audience members alike.




This information is meant to be a general summary of Festival Ballet Albuquerque. 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.

Revenue
$261,402 (2022)
Expenses
$247,672 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $155,625
  • Gross Receipts: $274,319

Assets and Liabilities:

  • Total Assets: $44,480
  • Total Liabilities: $23
  • Net Assets: $44,457

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMISSIONS/TICKET SALES

Revenue

$125,550

RDA STUDENT FEES COLLECTED

Revenue

$12,946

GUEST ARTIST FEES

Revenue

$10,225

SHOW PROGRAM AD SALES

Revenue

$2,500

PROGRAM RELATED MEDIA

Revenue

$2,448

Organization Details

Founding Year

2009

Principal Officer

Edward Merewether

Main Address

535 BLACK BEAR RD NE, ALBUQUERQUE, NM, 87122

NTEE Category

Code: A63 - Arts

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