Overview
What is Indiana Ballet Conservatory Inc?
Indiana Ballet Conservatory Inc, established in 2010, is a nonprofit organization based in Carmel, Indiana. Its primary mission is to educate the general public about ballet and various dance forms. They offer instruction, choreography, and performances in these art forms. Moreover, the conservatory focuses on creating programs and performances for underprivileged youth in the Greater Indianapolis area, aiming to foster a deeper appreciation for ballet and other dance genres. With around 13 employees, the Indiana Ballet Conservatory Inc is dedicated to promoting dance culture and nurturing young talent in the community.
Official website here: www.indianaballetconservatory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 69%)
Indiana Ballet Conservatory Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting a score of 69%. The organization demonstrates strengths in board independence, with 100% of its board members being independent and a strong financial oversight system, evidenced by a perfect score in audit and oversight. Additionally, they maintain a high program expense ratio of 85.44%, indicating that a significant portion of their resources is directed toward their mission-related programs.
However, there are notable areas of concern regarding organizational policies and transparency. The nonprofit lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which contribute to a lower accountability score. Furthermore, the organization has not posted its tax form on its website, which impacts transparency and public trust.
The liabilities to assets ratio of 71.76% raises some red flags about financial stability, as it suggests a higher proportion of liabilities relative to assets. This aspect, combined with the missing policies, signifies the need for improvement in governance and financial practices to foster greater accountability and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Indiana Ballet Conservatory Inc?
80% of 25 reviewers on Facebook recommend Indiana Ballet Conservatory Inc. Here is a summary of their reviews:
Many patrons describe Indiana Ballet Conservatory as a nurturing environment where aspiring dancers can thrive. Reviewers highlight the organization’s commitment to providing quality instruction and fostering a passion for ballet among its students. Several comments focus on how the conservatory not only teaches technique but also emphasizes the importance of dance history, setting it apart as a place that values both skill and tradition.
Overall, the sentiment reflects a generally positive experience, with many expressing appreciation for the school's atmosphere and the growth opportunities it presents for young dancers. The organization seems to fulfill its promise of being a supportive and educational venue for ballet enthusiasts.
This AI summary has been generated from reviews found on Facebook.
Is Indiana Ballet Conservatory Inc legitimate?
Indiana Ballet Conservatory Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Ballet Conservatory 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: $341,911
For more financial information, click here
Official website here: www.indianaballetconservatory.org
What is the mission statement of Indiana Ballet Conservatory Inc?
Indiana Ballet Conservatory Inc is a non-profit organization established with the aim of educating the general public about ballet and other dance forms. The corporation operates with a charitable purpose, engaging in activities such as instruction, choreography, and performance of ballet and other dance forms. One of their key objectives is to create programs and performances for underprivileged youth in the Greater Indianapolis area. This is done to foster a greater awareness and appreciation of ballet and dance among these young individuals. The organization's activities are centered around promoting and nurturing an interest in dance, thereby providing a platform for personal growth and development.
Official website here: www.indianaballetconservatory.org
Who is the CEO of Indiana Ballet Conservatory Inc?
Richard Griskie is the Director of Indiana Ballet Conservatory Inc.
Official website here: www.indianaballetconservatory.org
What is the revenue of Indiana Ballet Conservatory Inc?
Indiana Ballet Conservatory Inc's revenue in 2022 was $651,465.
Official website here: www.indianaballetconservatory.org
Who are the executives of Indiana Ballet Conservatory Inc and what are their salaries?
The average compensation at Indiana Ballet Conservatory Inc during 2022 was $26,301. There are 13 employees and 27 volunteers at Indiana Ballet Conservatory Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.indianaballetconservatory.org
Where can I find the form 990 for Indiana Ballet Conservatory Inc?
Indiana Ballet Conservatory Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.indianaballetconservatory.org
Learn more at the official website: www.indianaballetconservatory.org
Mission Statement of Indiana Ballet Conservatory Inc
Indiana Ballet Conservatory Inc, a nonprofit organization, is dedicated to charitable purposes. Its primary focus is on educating the general public about ballet and various dance forms. The conservatory accomplishes this through instruction, choreography, and performances of these dance styles. Moreover, it creates programs and organizes performances specifically for underserved youth in the Greater Indianapolis, Indiana area. The aim is to increase their awareness and appreciation of ballet and other dance forms. By doing so, Indiana Ballet Conservatory Inc seeks to empower and enrich these young individuals.
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Impact
July, 2024
Indiana Ballet Conservatory Inc's impact can be seen in its dedication to providing educational opportunities in ballet and other forms of dance to the general public. Through its instruction, choreography, and performances, the organization fosters a greater awareness of dance among its audience. Additionally, Indiana Ballet Conservatory Inc creates programs and performances specifically for underserved youth in the Greater Indianapolis area, aiming to introduce these young individuals to the beauty and discipline of ballet. By focusing on charitable purposes and community outreach, Indiana Ballet Conservatory Inc plays a significant role in enriching the cultural landscape of the region and nurturing a new generation of dancers and dance enthusiasts.
This information is meant to be a general summary of Indiana Ballet Conservatory 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.
- Program Service Revenue: $596,917
- Gross Receipts: $651,465
Assets and Liabilities:
- Total Assets: $193,640
- Total Liabilities: $28,432
- Net Assets: $165,208
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION REVENUE
Revenue
$230,146
PERFORMANCE REVENUE
Revenue
$184,982
PRIVATE LESSONS
Revenue
$166,781
SUMMER PROGRAM FEE
Revenue
$15,008
Organization Details
Founding Year
2010
Phone
(317) 379-1188Principal Officer
Richard Griskie
Main Address
849 W CARMEL DR, CARMEL, IN, 46032
NTEE Category
Code: A60 - Arts
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