Indiana Ballet Theatre Nw Inc

Charity Navigator Rating: 33%

The Indiana Ballet Theatre NW Inc has received a low overall score of 33%, resulting in a Zero-Star out of Four Star rating primarily based on its Accountability & Finance metrics. This rating highlights significant deficiencies in financial transparency and reporting, as evidenced by the absence of key financial statements, which contributed to a poor score in that area.

Despite having a fully independent board and a lack of material diversion of assets, the organization has not implemented critical policies such as a whistleblower or document retention policy. The program expense ratio is also notably low at 45.04%, indicating that a significant portion of its funding may not be directed toward programmatic activities.

While there are strengths in governance, such as the majority of independent board members and documented board meeting minutes, the overall lack of financial documentation and transparency raises concerns about the organization's accountability and financial health. These factors combined suggest that potential donors should exercise caution before contributing to the Indiana Ballet Theatre NW Inc.

This AI summary has been generated from information found on Charity Navigator.

Indiana Ballet Theatre Nw Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Ballet Theatre Nw 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: $38,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,088

For more financial information, click here

Official website here: www.ibtnw.org