Overview
What is Ballet Theatre Of Ohio Inc?
Ballet Theatre of Ohio Inc, situated in Munroe Falls, Ohio, serves as a vibrant nonprofit organization with a strong focus on theatrical performances and education. The company stages various productions, such as the Nutcracker, Wizard of Oz, and Coppelia, captivating audiences with their artistic interpretations. They extend their educational outreach to preschools and local children's groups, offering engaging programs that foster creativity and appreciation for the arts. With a dedicated team of five individuals, Ballet Theatre of Ohio Inc contributes to the cultural landscape of Ohio by providing high-quality performances and enriching experiences for the community's younger generation.
Official website here: www.ballettheatreohio.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)
Ballet Theatre Of Ohio Inc has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 60%. This rating reflects moderate financial accountability and transparency, highlighting some strengths in governance, such as an independent board that meets the required standards for size and majority independence. The organization has effectively documented board meeting minutes and has no material diversion of assets.
Despite these strengths, the organization faces challenges, particularly in its program expense ratio, which stands at 62.97%. While this indicates that a significant portion of its expenses is directed toward programs, the score of 16 out of 25 points suggests there is room for improvement in effectively utilizing funds. The liabilities to assets ratio is favorable at 2.40%, indicating sound financial management in terms of debt levels.
Overall, while Ballet Theatre Of Ohio Inc demonstrates some positive attributes in governance and financial management, it still has areas that need improvement, particularly in maximizing the impact of its expenditures on programs.
This AI summary has been generated from information found on Charity Navigator.
Is Ballet Theatre Of Ohio Inc legitimate?
Ballet Theatre Of Ohio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballet Theatre Of Ohio 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: $108,998
For more financial information, click here
Official website here: www.ballettheatreohio.org
What is the mission statement of Ballet Theatre Of Ohio Inc?
The Ballet Theatre of Ohio Inc, as a mission, is dedicated to producing, conducting, and staging various ballet performances such as "The Nutcracker," "Wizard of Oz," and "Coppelia." Additionally, the organization extends its reach to local preschools by offering educational programs designed specifically for children. This dual focus on artistic performances and educational outreach aims to engage and inspire young audiences, fostering a love for ballet and dance.
Official website here: www.ballettheatreohio.org
Who is the CEO of Ballet Theatre Of Ohio Inc?
Deb Wilhite is the President of Ballet Theatre Of Ohio Inc.
Official website here: www.ballettheatreohio.org
What is the revenue of Ballet Theatre Of Ohio Inc?
Ballet Theatre Of Ohio Inc's revenue in 2022 was $602,425.
Official website here: www.ballettheatreohio.org
Who are the executives of Ballet Theatre Of Ohio Inc and what are their salaries?
The average compensation at Ballet Theatre Of Ohio Inc during 2022 was $21,800. There are 5 employees at Ballet Theatre Of Ohio Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ballettheatreohio.org
Where can I find the form 990 for Ballet Theatre Of Ohio Inc?
Ballet Theatre Of Ohio Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ballettheatreohio.org
Learn more at the official website: www.ballettheatreohio.org
Mission Statement of Ballet Theatre Of Ohio Inc
Ballet Theatre of Ohio Inc, a renowned nonprofit organization, is dedicated to creating and showcasing captivating performances. Their mission encompasses not only staging productions such as "The Nutcracker," "Wizard of Oz," and "Coppelia," but also extends to providing educational programs. These educational initiatives are tailored for preschool children and local groups, aiming to nurture young talents and foster a love for the arts. Through its performances and educational programs, Ballet Theatre of Ohio Inc contributes to the cultural landscape and inspires a new generation of ballet enthusiasts.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Ballet Theatre Of Ohio Inc, based in Munroe Falls, OH, has had a significant impact on its community through its productions and educational programs. The company has produced, conducted, and staged performances such as Nutcracker, Wizard of Oz, Coppelia, and more. Additionally, they have provided educational programs taught at preschools and for local children's groups. This organization has enriched the local community by bringing the beauty of ballet to audiences of all ages and ensuring that the art form is accessible through educational initiatives.
This information is meant to be a general summary of Ballet Theatre Of Ohio 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: $455,250
- Gross Receipts: $635,750
Assets and Liabilities:
- Total Assets: $288,882
- Total Liabilities: $6,650
- Net Assets: $282,232
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program revenue
Revenue
$455,250
Organization Details
Founding Year
1993
Principal Officer
Deb Wilhite
Main Address
265 North Main Street, Munroe Falls, OH, 44262
Website
www.ballettheatreohio.orgNTEE Category
Code: A63 - Arts
If you are a representative of Ballet Theatre Of Ohio Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.