Northwest Ballet Ensemble

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

The Northwest Ballet Ensemble has received a Three-Star rating from Charity Navigator, which reflects an overall score of 76%. This rating is based solely on its accountability and finance metrics, indicating a strong emphasis on fiscal responsibility. The organization has maintained a high level of transparency through features like a fully independent board and a solid ratio of program expenses, with nearly 97% of its budget allocated to programs.

Strengths identified include the complete independence of board members and the absence of any material diversion of assets, which demonstrate effective governance. Additionally, the organization has a commendable liabilities-to-assets ratio of 0.00%, signifying financial stability and a sound management of resources. The presence of documented board meeting minutes further enhances its accountability.

However, there are noted limitations, particularly regarding missing policies such as a conflict of interest policy and a whistleblower policy. These deficiencies have impacted the overall score in the accountability section, highlighting areas where the organization could improve its governance practices. Addressing these policy gaps could enhance transparency and trust further.

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

Northwest Ballet Ensemble is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Ballet Ensemble 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: $0

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Official website here: www.northwestballetensemble.com