Overview
What is Ballroom Basix Usa Inc?
Ballroom Basix U.S.A. Inc, situated in New York, NY, is a nonprofit organization devoted to educating and engaging schoolchildren through the medium of non-competitive partner dancing. Their mission is multifaceted, aiming to foster physical, social, emotional, and cultural growth in children while instilling etiquette and knowledge in the art of partner dancing. They provide dance classes and lessons, specializing in ballroom and Latin styles, and emphasize the development of respectful, supportive, and accepting relationships between children. With a team of eight dedicated individuals, Ballroom Basix U.S.A. Inc strives to enrich the lives of young learners through this unique and enriching activity.
Official website here: www.ballroombasix.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating
Ballroom Basix USA Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. With a total score of 92%, the organization excels particularly in its governance practices, showcasing a majority of independent board members and robust financial oversight. Their financial statements are thoroughly reviewed, and they have established comprehensive policies, including conflict of interest and whistleblower protections.
The organization demonstrates effective financial management with a low liabilities-to-assets ratio of 40.72% and a program expense ratio of 69.95%, indicating a significant portion of their resources is directed towards their mission-driven programs. These metrics suggest that Ballroom Basix USA Inc is committed to maximizing its impact and maintaining fiscal health.
While the data underscores the nonprofit's strengths in governance and financial practices, it does not highlight any specific programmatic achievements or challenges faced by the organization. This lack of information on direct outcomes may limit potential donors' ability to assess the overall effectiveness of their initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Ballroom Basix Usa Inc legitimate?
Ballroom Basix Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballroom Basix Usa 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $366,317
For more financial information, click here
Official website here: www.ballroombasix.org
What is the mission statement of Ballroom Basix Usa Inc?
Ballroom Basix U.S.A. Inc's mission is centered around educating and engaging schoolchildren. They accomplish this through non-competitive partner dancing. The organization aims to provide children with physical, social, emotional, and cultural engagement by teaching them the etiquette and education of partner dancing. The dance classes and lessons offered by Ballroom Basix U.S.A. Inc serve to develop and reinforce respectful, supportive, and accepting relationships among the children.
Official website here: www.ballroombasix.org
Who is the CEO of Ballroom Basix Usa Inc?
Sidney B Grant is the President of Ballroom Basix Usa Inc.
Official website here: www.ballroombasix.org
What is the revenue of Ballroom Basix Usa Inc?
Ballroom Basix Usa Inc's revenue in 2022 was $875,974.
Official website here: www.ballroombasix.org
Who are the executives of Ballroom Basix Usa Inc and what are their salaries?
The average compensation at Ballroom Basix Usa Inc during 2022 was $57,040. There are 8 employees and 23 volunteers at Ballroom Basix Usa Inc.
Here are 7 key members and their salaries:
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- Compensation: $81,458
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Official website here: www.ballroombasix.org
Where can I find the form 990 for Ballroom Basix Usa Inc?
Ballroom Basix Usa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ballroombasix.org
Learn more at the official website: www.ballroombasix.org
Mission Statement of Ballroom Basix Usa Inc
Ballroom Basix USA Inc, a nonprofit organization, is dedicated to educating and engaging schoolchildren through the medium of non-competitive partner dancing. Their mission is multifaceted, aiming to provide children with physical, social, emotional, and cultural engagement. By teaching the etiquette and education of ballroom and Latin partner dancing, Ballroom Basix USA Inc fosters respectful, supportive, and accepting relationships among the children. The classes and lessons they provide serve as a platform for children to not only learn dancing skills but also develop essential life skills such as teamwork, communication, and self-confidence. The organization's mission is instrumental in promoting a positive and inclusive environment for children, enabling them to grow and thrive.
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Impact
October, 2024
Ballroom Basix USA Inc significantly impacts the lives of schoolchildren by providing engaging dance classes that focus on non-competitive partner dancing, specifically in ballroom and Latin styles. These classes not only teach children the fundamentals of dance but also foster the development of respectful, supportive, and accepting relationships among peers. Through its mission, the organization promotes physical health, social interaction, emotional well-being, and cultural awareness. By incorporating dance etiquette into its educational framework, Ballroom Basix cultivates a sense of community and collaboration, enriching the social experiences of participants and enhancing their overall growth. This holistic approach helps children gain confidence, learn valuable life skills, and appreciate the arts in a fun and supportive environment.
This information is meant to be a general summary of Ballroom Basix Usa 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: $11
- Program Service Revenue: $308,306
- Gross Receipts: $917,587
Assets and Liabilities:
- Total Assets: $427,708
- Total Liabilities: $194,067
- Net Assets: $233,641
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE INCOME
Revenue
$308,306
Organization Details
Founding Year
2011
Phone
(212) 876-8660Principal Officer
Sidney B Grant
Main Address
178 E 117TH ST 1B, NEW YORK, NY, 100354767
Website
www.ballroombasix.orgNTEE Category
Code: A62 - Arts
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