Overview
What is Indianapolis Ballet Inc?
Indianapolis Ballet Inc, located at 502 North Capitol Avenue Suite B, Indianapolis, IN, 46204, is a distinguished nonprofit organization that promotes ballet and various dance forms within Indianapolis and surrounding communities. Through captivating performances, engaging classes, and impactful outreach programs, this organization strives to share the beauty and artistry of ballet with a wide audience. Indianapolis Ballet Inc and its affiliated Indianapolis School of Ballet are dedicated to fostering a diverse environment, nurturing the physical, intellectual, emotional, and artistic growth of all dancers, and offering dynamic performances, visionary new works, and extraordinary training. Their mission extends beyond the stage, reaching communities through transformative outreach programs.
Official website here: www.indyballet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Indianapolis Ballet Inc has received a two-star rating from Charity Navigator, indicating that while the organization shows some strengths, there are areas needing attention. The charity has a good accountability and finance score of 73%, reflecting solid management in areas such as board member independence and asset management. However, the lack of a whistleblower policy and a document retention policy raises concerns about governance practices.
The organization has demonstrated effective financial management, as evidenced by its program expense ratio of 72.5%, which suggests that a significant portion of its funds is allocated to its programs rather than overhead. This is a positive indicator of its commitment to its mission. Additionally, the majority of the board members are independent, which is a strong point for organizational integrity.
Despite these strengths, the missing policies on whistleblower protection and document retention suggest that there are gaps in risk management and compliance protocols. Addressing these issues could enhance the organization’s overall rating and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Indianapolis Ballet Inc?
92% of 35 reviewers on Facebook recommend Indianapolis Ballet Inc. Here is a summary of their reviews:
Many attendees express a high level of satisfaction with the performances, often comparing Indianapolis Ballet favorably to larger companies across the United States. The quality of the productions and the talent of the dancers receive commendations, indicating that the organization successfully delivers an enjoyable experience for its audience.
However, some patrons note that the intermissions can be quite lengthy, suggesting that adjustments could be made to enhance the overall experience. Additionally, there are mentions of the performances not starting on time, which could be a point for improvement. Overall, the sentiment leans positive, with a strong indication that the nonprofit is making a meaningful impact in the local arts scene.
This AI summary has been generated from reviews found on Facebook.
Is Indianapolis Ballet Inc legitimate?
Indianapolis Ballet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indianapolis Ballet 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: $76,548
For more financial information, click here
Official website here: www.indyballet.org
What is the mission statement of Indianapolis Ballet Inc?
Indianapolis Ballet Inc embraces the rich history and promising future of classical ballet through engaging performances, innovative choreographies, exceptional training, and transformative community outreach programs. Their mission extends beyond the stage, aiming to foster a culturally diverse environment and promote the holistic growth of all dancers, encompassing physical, intellectual, emotional, and artistic development. Indianapolis Ballet and the Indianapolis School of Ballet share this vision, believing in the power of ballet to touch the widest possible audience.
Official website here: www.indyballet.org
Who is the CEO of Indianapolis Ballet Inc?
Don Steffy is the President of Indianapolis Ballet Inc.
Official website here: www.indyballet.org
What is the revenue of Indianapolis Ballet Inc?
Indianapolis Ballet Inc's revenue in 2022 was $3,101,810.
Official website here: www.indyballet.org
Who are the executives of Indianapolis Ballet Inc and what are their salaries?
The average compensation at Indianapolis Ballet Inc during 2022 was $1,367. There are 56 employees and 41 volunteers at Indianapolis Ballet Inc.
Here are 12 key members and their salaries:
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Official website here: www.indyballet.org
Where can I find the form 990 for Indianapolis Ballet Inc?
Indianapolis Ballet Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.indyballet.org
Learn more at the official website: www.indyballet.org
Mission Statement of Indianapolis Ballet Inc
Indianapolis Ballet Inc, with its Indianapolis School of Ballet, is committed to preserving and advancing the art of classical ballet. They achieve this through captivating performances, groundbreaking new productions, exceptional training, and impactful community outreach programs aimed at reaching a vast audience. The organization believes in fostering a culturally diverse environment and promoting the holistic growth of all dancers, encompassing their physical, intellectual, emotional, and artistic development. Indianapolis Ballet Inc's mission is to embrace the rich heritage and promising future of classical ballet, empowering its audience and dancers alike.
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Impact
October, 2024
Indianapolis Ballet Inc significantly enriches the cultural landscape of the city and its surrounding communities through its commitment to classical ballet and dance. By delivering dynamic performances and visionary new works, it not only showcases the artistry and beauty of ballet but also fosters a deeper appreciation for this art form among diverse audiences.
The organization prioritizes extraordinary training for dancers at all levels, ensuring that the next generation of talent is nurtured in a supportive and diverse environment. Through its outreach programs, Indianapolis Ballet engages with the wider community, making ballet accessible to individuals who may not have had prior exposure. This transformative approach encourages physical, intellectual, emotional, and artistic growth, contributing to a vibrant and inclusive cultural scene.
In essence, Indianapolis Ballet Inc is a vital force in promoting the history and future of ballet, inspiring both performers and audiences alike while fostering an appreciation for the arts throughout the Indianapolis area.
This information is meant to be a general summary of Indianapolis Ballet 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: $1,696
- Program Service Revenue: $778,001
- Gross Receipts: $3,144,751
Assets and Liabilities:
- Total Assets: $2,859,547
- Total Liabilities: $180,164
- Net Assets: $2,679,383
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$420,320
EDUCATION PROGRAM FEES
Revenue
$357,681
Organization Details
Founding Year
2006
Phone
(317) 955-7525Principal Officer
Don Steffy
Main Address
502 NORTH CAPITOL AVENUE SUITE B, INDIANAPOLIS, IN, 46204
Website
www.indyballet.orgNTEE Category
Code: A63 - Arts
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