Overview
What is Fort Wayne Ballet Inc?
Fort Wayne Ballet Inc, located at 300 E Main Street Suite 100, Fort Wayne, IN 46802, is a distinguished nonprofit organization that specializes in dance education. It caters to students of all ages, offering entry-level movement classes up to advanced adult programs. The organization is renowned for its premier professional training program, attracting talented students from across the Midwest and southeastern United States. Additionally, the summer intensive program draws students aged 13-20 from across the nation. In the fall of 2020, the Academy became certified in the American Ballet Theatre (ABT) curriculum, making it one of six fully-certified academies worldwide to align with ABT. The organization also boasts a youth company that performs in a family series of three productions annually, as well as engaging in community outreach performances. The mission of Fort Wayne Ballet Inc is to nurture and inspire through the highest quality professional and academy performances, dance training, and community engagement. The nonprofit employs 42 individuals.
Official website here: www.fortwayneballet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
Fort Wayne Ballet Inc demonstrates a strong commitment to accountability and financial transparency, reflected in its impressive 96% score in this category. This high rating indicates effective financial management and governance practices, including a fully independent board with 21 members, all of whom are unpaid. The organization also adheres to best practices with policies in place for conflict of interest, whistleblower protection, and document retention, which further strengthens its credibility.
The organization has a positive financial profile, with a program expense ratio of 76.20%, suggesting that a significant portion of its resources is directed towards fulfilling its mission rather than administrative costs. Additionally, it has shown no material diversion of assets, indicating sound financial practices and integrity in its operations.
While the financial performance appears robust, it's essential for potential supporters to consider how these strengths translate into the impact of the ballet's programs and outreach efforts. Overall, Fort Wayne Ballet Inc stands out as a well-managed nonprofit with a strong focus on accountability, making it a commendable choice for donors looking to support the arts.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Wayne Ballet Inc legitimate?
Fort Wayne Ballet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Wayne 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: $187,811
Professional Fundraising Fees: $0
Other Salaries and Wages: $643,315
For more financial information, click here
Official website here: www.fortwayneballet.org
What is the mission statement of Fort Wayne Ballet Inc?
Fort Wayne Ballet Inc's mission is centered around nourishing creativity and inspiring the spirit through top-notch professional and academy performances, dance education, and community engagement. The organization's activities encompass providing dance training to individuals of all ages, from beginners to adults, and boasts one of Indiana's premier professional training programs. The Trainee Program attracts students from various regions, while the Summer Intensive Program draws in students aged 13-20 from across the country. In 2020, the academy became certified in the American Ballet Theatre (ABT) curriculum, making it one of only six fully-certified academies worldwide aligned with ABT. The academy also has a youth company that performs in a family series of productions annually and conducts outreach performances in the community.
Official website here: www.fortwayneballet.org
Who is the CEO of Fort Wayne Ballet Inc?
Jim Sparrow is the Executive Di of Fort Wayne Ballet Inc.
Official website here: www.fortwayneballet.org
What is the revenue of Fort Wayne Ballet Inc?
Fort Wayne Ballet Inc's revenue in 2023 was $1,725,262.
Official website here: www.fortwayneballet.org
Who are the executives of Fort Wayne Ballet Inc and what are their salaries?
The average compensation at Fort Wayne Ballet Inc during 2023 was $19,789. There are 42 employees and 200 volunteers at Fort Wayne Ballet Inc.
Here are 23 key members and their salaries:
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Official website here: www.fortwayneballet.org
Where can I find the form 990 for Fort Wayne Ballet Inc?
Fort Wayne Ballet Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fortwayneballet.org
Learn more at the official website: www.fortwayneballet.org
Mission Statement of Fort Wayne Ballet Inc
Fort Wayne Ballet Inc, a renowned organization, aims to stimulate the spirit and foster creativity through its top-notch professional performances, academy training, and community engagement. The mission of Fort Wayne Ballet Inc is multifaceted, encompassing the presentation of captivating ballet shows, providing comprehensive dance education, and actively engaging with the local community.
In the realm of dance education, Fort Wayne Ballet Inc's academy caters to students of all ages, offering entry-level movement classes for beginners and advanced classes for adults. This academy is recognized as one of the premier professional training programs in Indiana, attracting students from across the Midwest and Southeastern United States. The Trainees Program, specifically, draws in talented students from various regions, including the Midwest and the Southeastern portion of the country. Furthermore, the Summer Intensive Program attracts aspiring dancers aged 13 to 20 from across the nation.
The academy's commitment to excellence was further solidified in the fall of 2020 when it became certified in the American Ballet Theatre (ABT) curriculum. Fort Wayne Ballet Inc now stands as one of only six fully-certified academies worldwide that align with ABT's teaching methods. The academy boasts a youth company that performs in a family series of three productions annually, in addition to outreach performances within the community. This comprehensive approach to dance education and performance, coupled with its commitment to community engagement, makes Fort Wayne Ballet Inc a significant player in the world of ballet and dance education.
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Impact
October, 2024
Fort Wayne Ballet Inc. significantly enriches the cultural landscape by providing high-quality dance education and performances that inspire creativity and foster community engagement. Through its Academy, it offers dance training for all ages, from beginner movements to advanced adult classes. Recognized as one of Indiana's premier professional training programs, the Academy attracts talented students from the Midwest and beyond, including its highly competitive Trainee Program and Summer Intensive, which draws participants from across the nation.
As a certified institution of the American Ballet Theatre curriculum, Fort Wayne Ballet is among a select few globally that align with this prestigious program, elevating the standards of ballet education in the region. The Academy also features a Youth Company, which not only showcases three family-oriented productions annually but also actively engages in outreach to bring dance to the broader community.
Overall, Fort Wayne Ballet Inc. plays a pivotal role in feeding the spirit and sparking imagination through the arts, creating a vibrant environment where dancers and audiences alike can flourish.
This information is meant to be a general summary of Fort Wayne 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 2023.
- Investment Income: $177,171
- Program Service Revenue: $642,869
- Gross Receipts: $2,581,939
Assets and Liabilities:
- Total Assets: $2,814,513
- Total Liabilities: $103,923
- Net Assets: $2,710,590
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$363,386
TUITION
Revenue
$248,884
OUTREACH
Revenue
$25,905
OTHER FEES
Revenue
$4,694
Organization Details
Founding Year
1955
Phone
(260) 484-9646Principal Officer
Jim Sparrow
Main Address
300 E MAIN STREET SUITE 100, FORT WAYNE, IN, 46802
Website
www.fortwayneballet.orgNTEE Category
Code: A63Z - Arts
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