Overview
What is Nsb Inc?
Nsb Inc, also known as Northeast School of Ballet, is a nonprofit organization located at 32 Lowell Street, Reading, Massachusetts 01867. Established with a mission to cultivate a creative atmosphere and offer educational opportunities for young individuals, this organization sets high standards in dance education. Nsb Inc actively contributes to the cultural life of the communities it serves by promoting dance and engaging in various forms of instruction. With a dedicated team of 28 employees, the organization strives to provide a nurturing environment that fosters both talent and personal growth in its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
Nsb Inc has received a Three-Star rating, indicating a solid performance in accountability and finance, with a score of 86%. This rating is entirely based on their Accountability & Finance metrics, showcasing their commitment to financial transparency and responsible management. The organization has demonstrated strong governance practices, including a fully independent board and comprehensive conflict of interest policies.
The charity excelled in key areas such as financial audits and asset management, achieving perfect scores in several categories. They reported a program expense ratio of 81.34%, indicating that a substantial majority of their expenses are directed towards their mission-oriented programs, which is a positive sign for potential donors looking for effective use of funds.
However, while the organization appears to have a sound financial structure, the single beacon score may limit a more comprehensive evaluation of its overall impact and programs. Prospective supporters should consider both financial health and program effectiveness when assessing the charity's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Nsb Inc legitimate?
Nsb Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nsb 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: $139,416
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,900
For more financial information, click here
What is the mission statement of Nsb Inc?
Nsb Inc, as an organization, is committed to nurturing a creative atmosphere and offering educational opportunities for young individuals in the realm of dance. They strive to uphold the highest standards in dance and contribute significantly to the cultural enrichment of the communities they serve. Their primary activity involves providing dance instruction to children, thereby playing an instrumental role in their development and artistic growth.
Who is the CEO of Nsb Inc?
Denise Cecere is the President of Nsb Inc.
What is the revenue of Nsb Inc?
Nsb Inc's revenue in 2022 was $625,029.
Who are the executives of Nsb Inc and what are their salaries?
The average compensation at Nsb Inc during 2022 was $11,083. There are 28 employees at Nsb Inc.
Here are 3 key members and their salaries:
- Compensation: $84,449
- Related: $0
- Other: $0
- Compensation: $54,967
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nsb Inc?
Nsb Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nsb Inc
Nsb Inc, a nonprofit organization, is committed to establishing a stimulating atmosphere and offering educational prospects for young individuals. The organization sets a high bar for dance standards, aiming to inspire creativity and play an integral role in enriching the cultural landscape of the communities it serves. In essence, Nsb Inc's mission lies in cultivating a creative environment and providing dance education for youth, while actively contributing to the cultural vitality of the communities it is part of.
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Impact
July, 2024
Nsb Inc impacts the community by fostering a creative environment and providing educational opportunities for youth through dance instruction. Their dedication to setting high standards in dance not only benefits the children who participate in their programs but also plays an active role in enhancing the cultural life of the communities they serve. By offering quality dance education and promoting artistic expression, Nsb Inc contributes to the overall enrichment of the community and helps empower the next generation of dancers and artists.
This information is meant to be a general summary of Nsb 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.
- Program Service Revenue: $622,218
- Gross Receipts: $625,029
Assets and Liabilities:
- Total Assets: $227,635
- Total Liabilities: $95,060
- Net Assets: $132,575
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition revenue
Revenue
$602,902
Performance ticket sale
Revenue
$19,316
Organization Details
Founding Year
2011
Principal Officer
Denise Cecere
Main Address
32 Lowell Street, Reading, MA, 01867
NTEE Category
Code: A62 - Arts
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