Overview
What is The Ballet Chicago Company?
The Ballet Chicago Company is a distinguished nonprofit organization based in Chicago, Illinois, that is dedicated to nurturing aspiring ballet artists. Established by Daniel Duell, a renowned ballet artistic director, the company offers comprehensive classical ballet lessons for individuals of all ages, from children to adults. Their curriculum is grounded in the technique developed by George Balanchine, a 20th-century choreographer who revolutionized ballet and is widely regarded as an influential figure in the world of dance. Ballet Chicago is committed to providing rigorous technical training, fostering personal growth, and instilling essential life skills, ensuring their students excel in both dance and life. Scholarships, including an expanded male scholarship program, are available to support talented students who wish to pursue ballet. The organization's Ballet Chicago Studio Company, the performing element of its Professional Division, showcases masterpiece repertoires in theatres across metropolitan Chicago. Alumni from Ballet Chicago can be found in professional dance companies worldwide. The Balanchine Repertory Project offers students the opportunity to perform Balanchine's repertoire, further enriching their ballet education.
Official website here: www.balletchicago.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Ballet Chicago Company has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81% based solely on its Accountability & Finance performance. This score indicates that the organization adheres to good financial practices and has a strong commitment to transparency and accountability. The rating is particularly bolstered by its independent board structure, with 85% of its members being independent, indicating a strong governance framework.
The organization has demonstrated effective financial oversight with an Audit and Oversight Committee, and it has no material diversions of assets. It maintains a high program expense ratio of 76.90%, showcasing its focus on programmatic spending rather than administrative costs. Additionally, it has implemented essential policies such as conflict of interest and whistleblower protections, all of which contribute positively to its financial health and operational transparency.
However, the Ballet Chicago Company faces a challenge with a liabilities-to-assets ratio of 111.81%, which suggests that its liabilities exceed its assets. This could indicate potential financial risk, and it is a factor that potential donors may want to consider. Overall, while the organization has strong governance and accountability measures in place, its financial leverage may warrant further scrutiny.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Ballet Chicago Company?
88% of 542 reviewers on Facebook recommend The Ballet Chicago Company. Here is a summary of their reviews:
Many attendees were impressed by the quality of performances, particularly praising this year's Nutcracker. The combination of storytelling and dance left a strong impression, with many noting the enchanting atmosphere and the talent of the local ballerinas. Reviewers highlighted how the performances rival those of larger professional companies, indicating a high level of skill and dedication from the dancers.
Overall, those who attended expressed satisfaction with the experience, emphasizing the magic of the productions and encouraging others to support the company. The strong endorsement reflects a positive community impact and appreciation for the artistry presented by The Ballet Chicago Company.
This AI summary has been generated from reviews found on Facebook.
Is The Ballet Chicago Company legitimate?
The Ballet Chicago Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ballet Chicago Company 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: $84,254
Professional Fundraising Fees: $0
Other Salaries and Wages: $546,391
For more financial information, click here
Official website here: www.balletchicago.org
What is the mission statement of The Ballet Chicago Company?
The Ballet Chicago Company's mission is centered around promoting and nurturing the art of classical ballet. They aim to foster educational dance programs and cater to a broad audience. The organization is committed to providing exceptional ballet training to aspiring dancers, ensuring they can fully explore their potential. Ballet Chicago values rigorous technical training and personal growth, incorporating fundamental life skills into their curriculum. Their students often find success in both dance and life, reflecting the company's dedication to both artistic and personal development. The company, led by skilled ballet dancers, strives to make classical ballet training accessible to all talented students who share a passion for dance.
Official website here: www.balletchicago.org
What is the revenue of The Ballet Chicago Company?
The Ballet Chicago Company's revenue in 2024 was $1,533,043.
Official website here: www.balletchicago.org
Who are the executives of The Ballet Chicago Company and what are their salaries?
The average compensation at The Ballet Chicago Company during 2024 was $14,014. There are 45 employees and 23 volunteers at The Ballet Chicago Company.
Here are 10 key members and their salaries:
- Compensation: $84,254
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Official website here: www.balletchicago.org
Where can I find the form 990 for The Ballet Chicago Company?
The Ballet Chicago Company's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.balletchicago.org
Learn more at the official website: www.balletchicago.org
Mission Statement of The Ballet Chicago Company
The Ballet Chicago Company is committed to propagating and advocating for the art of classical ballet. Their mission extends beyond just dance, as they also focus on nurturing educational dance programs and catering to a broad audience. This internationally renowned organization, led by artistic directors Daniel Duell and Patricia Blair, believes in providing every aspiring ballet artist with the opportunity to realize their full potential. Ballet Chicago is dedicated to delivering rigorous technical training, not just in dance, but also in life skills. By fostering an environment that encourages personal growth, the company's students often find success in both their dance careers and personal lives. The founding duo's background in ballet, with Duell being a long-time student of George Balanchine, a pioneer in the world of ballet, further strengthens the company's ability to shape talented dancers.
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Impact
October, 2024
The Ballet Chicago Company has a profound impact on the art of classical ballet and the community it serves. By offering high-quality training and educational programs, it promotes the art form while ensuring accessibility for aspiring dancers of all ages. The company nurtures talent through a curriculum rooted in the famed techniques of George Balanchine, fostering both technical proficiency and personal growth.
With a commitment to rigorous training, students develop not only dance skills but also essential life skills, positioning them for success in various pursuits. The Ballet Chicago Studio Company provides a platform for students to perform cherished masterpieces, enriching Chicago's cultural landscape and enhancing public appreciation for ballet.
The organization’s mission extends beyond training exceptional dancers; it aims to cultivate well-rounded individuals who carry forward the legacy of classical ballet. Many alumni have gone on to perform in prestigious companies across the globe, highlighting the enduring influence of Ballet Chicago on the national and international ballet scene.
By offering scholarships, including an expanded male scholarship program, the company ensures that talented students from diverse backgrounds have the opportunity to thrive in dance. Overall, The Ballet Chicago Company serves as a cornerstone of the arts in Chicago, contributing to the city's vibrancy and cultural heritage through its commitment to excellence in ballet education and performance.
This information is meant to be a general summary of The Ballet Chicago Company. 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 2024.
- Investment Income: $2,165
- Program Service Revenue: $1,105,428
- Gross Receipts: $1,681,832
Assets and Liabilities:
- Total Assets: $494,898
- Total Liabilities: $483,464
- Net Assets: $11,434
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ballet School
Revenue
$767,529
Performance Income
Revenue
$207,240
Student Housing
Revenue
$130,659
Organization Details
Founding Year
1987
Principal Officer
Daniel Duell
Website
www.balletchicago.orgNTEE Category
Code: A63 - Arts
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