Overview
What is Bi-Okoto Drum & Dance Theatre?
Bi-Okoto Drum & Dance Theatre is a nonprofit organization based in Cincinnati, Ohio, with three dedicated employees. Their mission is to preserve, promote, and share the rich cultural heritage of Africa and Africans through various artistic mediums such as drums, music, dance, food, and languages. They offer interactive and interdisciplinary programs that align with state and national Arts and Humanities standards, engaging students to utilize their creative thinking skills while fostering cultural awareness and self-esteem. These programs, which include lecture demonstrations, samplers, and virtual hands-on experiences, reached over 4,300 adults and children during the 2023 school year. Bi-Okoto presents over 145 performances annually, aiming to bridge cultural gaps and celebrate diversity.
Official website here: www.bi-okoto.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
Bi-Okoto Drum & Dance Theatre has received a Two-Star rating on Charity Navigator, indicating a moderate level of accountability and financial health. The organization demonstrates strong governance, with 100% of its board members being independent. This reflects a commitment to ethical practices and transparency in leadership, as evidenced by their whistleblower and conflict of interest policies.
However, the nonprofit faces challenges related to its financial reporting, as it has not provided financial statements, which significantly impacts its overall rating. While it maintains a good liabilities to assets ratio at 48.02%, the program expense ratio of 62.26% suggests that a considerable portion of its budget is allocated to its programs, though there is room for improvement in financial documentation practices.
In conclusion, while Bi-Okoto Drum & Dance Theatre shows strengths in governance and program funding, it needs to enhance its financial transparency to achieve a higher rating. The organization has the potential to grow and improve its standing by addressing the highlighted limitations.
This AI summary has been generated from information found on Charity Navigator.
Is Bi-Okoto Drum & Dance Theatre legitimate?
Bi-Okoto Drum & Dance Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bi-Okoto Drum & Dance Theatre 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: $91,911
Professional Fundraising Fees: $0
Other Salaries and Wages: $148,011
For more financial information, click here
Official website here: www.bi-okoto.com
What is the mission statement of Bi-Okoto Drum & Dance Theatre?
The Bi-Okoto Drum & Dance Theatre aims to foster a world where individuals, families, and communities celebrate their cultural heritage while respecting and appreciating the cultural expressions of others. Their mission is to preserve, promote, and share the rich cultural heritage of Africa and Africans through various mediums such as drums, music, dance, food, languages, and other arts. They offer interactive and interdisciplinary programs, including hands-on experiences and training, lectures, demonstrations, and samplers, which engage students in creative thinking, cultural understanding, and self-esteem building. These programs are based on educational standards and reach a wide audience annually, with over 145 performances and impacting over 4300 adults and children during the 2023 school year.
Official website here: www.bi-okoto.com
Who is the CEO of Bi-Okoto Drum & Dance Theatre?
Unavailable
Official website here: www.bi-okoto.com
What is the revenue of Bi-Okoto Drum & Dance Theatre?
Bi-Okoto Drum & Dance Theatre's revenue in 2023 was $501,155.
Official website here: www.bi-okoto.com
Who are the executives of Bi-Okoto Drum & Dance Theatre and what are their salaries?
The average compensation at Bi-Okoto Drum & Dance Theatre during 2023 was $79,974. There are 3 employees at Bi-Okoto Drum & Dance Theatre.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bi-okoto.com
Where can I find the form 990 for Bi-Okoto Drum & Dance Theatre?
Bi-Okoto Drum & Dance Theatre's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bi-okoto.com
Learn more at the official website: www.bi-okoto.com
Mission Statement of Bi-Okoto Drum & Dance Theatre
Bi-Okoto Drum & Dance Theatre is committed to envisioning a world where individuals, families, and communities embrace and appreciate their cultural heritage while valuing the cultural expressions of others. Their mission is to preserve, promote, and share the rich cultural heritage of Africa and Africans using various artistic mediums, including drums, music, dance, food, languages, and other arts. They strive to achieve this goal by providing interactive, interdisciplinary programs that engage students, encouraging them to utilize their creative thinking skills, foster an understanding of cultural differences and similarities, and build self-esteem. With over 145 performances annually, Bi-Okoto Drum & Dance Theatre reached over 4,300 adults and children during the 2023 school year, successfully sharing and celebrating Africa's cultural heritage.
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Impact
July, 2024
Bi-Okoto Drum & Dance Theatre's impact is deeply rooted in promoting and sharing the rich cultural heritage of Africa and Africans through a variety of artistic expressions. Through virtual hands-on experiences, training in dance, drumming, music, art, food, and languages, the theatre provides interactive and interdisciplinary programs that engage students in creative thinking, cultural awareness, and self-esteem building. With over 145 performances annually, Bi-Okoto Drum & Dance Theatre has reached over 4300 adults and children during the 2023 school year alone, spreading cultural appreciation and understanding in the community.
This information is meant to be a general summary of Bi-Okoto Drum & Dance Theatre. 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 2023.
- Program Service Revenue: $137,522
- Gross Receipts: $501,155
Assets and Liabilities:
- Total Assets: $880,001
- Total Liabilities: $422,604
- Net Assets: $457,397
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Dance Companies
Revenue
$63,500
Educational support services Other schools and instruction
Revenue
$16,216
Educational support services Other schools and instruction
Revenue
$28,021
Dance Companies
Revenue
$24,733
Educational support services Other schools and instruction
Revenue
$521
Organization Details
Founding Year
1996
Phone
(513) 221-6112Main Address
5601 MONTGOMERY ROAD, CINCINNATI, OH, 452121834
Website
www.bi-okoto.comNTEE Category
Code: A230 - Arts
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