Overview
What is Ballet Chelsea?
Ballet Chelsea, located in Chelsea, Michigan, is a nonprofit organization dedicated to fostering the growth and development of young dance students. They offer a nurturing environment that combines professional dance training, master classes, and performance opportunities. By doing so, the organization aims to cultivate both mentally and physically robust individuals. Through this artistic venue, Ballet Chelsea employs a team of thirty dedicated individuals, contributing to the overall mission of nurturing young talents while promoting a healthy lifestyle.
Official website here: www.balletchelsea.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating. This rating indicates that Ballet Chelsea has some strengths but also significant areas for improvement in its accountability and financial practices. With a solid program expense ratio of 98.06%, the organization demonstrates a strong commitment to its mission and effective use of resources for its operations.
Ballet Chelsea has a fully independent board, which is a positive aspect, as it supports governance integrity. However, the organization lacks several key policies, such as a conflict of interest policy and a whistleblower policy, which raises concerns about transparency and accountability. Additionally, financial statements were not provided, which contributed to a low score in that area.
While the nonprofit has a low liabilities to assets ratio, indicating good financial health, the absence of required documentation on its website, including the tax form and retention policies, reflects a need for improved compliance with best practices. Enhancing these aspects could help Ballet Chelsea strengthen its credibility and overall effectiveness within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Ballet Chelsea legitimate?
Ballet Chelsea is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballet Chelsea 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
For more financial information, click here
Official website here: www.balletchelsea.org
What is the mission statement of Ballet Chelsea?
Ballet Chelsea's mission is to offer high-quality dance education to young students through master classes, performance opportunities, and enrichment activities. This mission aims to foster strong mental and physical development in a nurturing artistic environment, ultimately helping to shape well-rounded individuals. By providing such opportunities, Ballet Chelsea strives to encourage the growth of young dancers, enhancing their minds and bodies in the realm of dance.
Official website here: www.balletchelsea.org
Who is the CEO of Ballet Chelsea?
John Shea is the President of Ballet Chelsea.
Official website here: www.balletchelsea.org
What is the revenue of Ballet Chelsea?
Ballet Chelsea's revenue in 2023 was $620,514.
Official website here: www.balletchelsea.org
Who are the executives of Ballet Chelsea and what are their salaries?
There are 30 employees at Ballet Chelsea.
Here are 7 key members and their salaries:
- Compensation: $62,012
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.balletchelsea.org
Where can I find the form 990 for Ballet Chelsea?
Ballet Chelsea's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.balletchelsea.org
Learn more at the official website: www.balletchelsea.org
Mission Statement of Ballet Chelsea
Ballet Chelsea, a distinguished organization, is dedicated to offering young dance enthusiasts a chance to hone their skills through master classes, performance opportunities, and various enrichment activities. The primary aim of Ballet Chelsea is to foster strong minds and promote physical well-being in a nurturing artistic environment. By providing professional-level dance instruction, Ballet Chelsea strives to cultivate well-rounded individuals who can excel both on and off the stage.
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Impact
July, 2024
Ballet Chelsea's impact is evident in the way it nurtures young dance students, helping them develop strong minds and healthy bodies in an artistic environment. Through professional caliber dance training, master classes, and performance opportunities, Ballet Chelsea is shaping the next generation of dancers and fostering a love for the arts in Chelsea, MI.
This information is meant to be a general summary of Ballet Chelsea. 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: $228
- Program Service Revenue: $532,226
- Gross Receipts: $620,514
Assets and Liabilities:
- Total Assets: $445,181
- Total Liabilities: $786
- Net Assets: $444,395
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Dance Programs
Revenue
$532,226
Organization Details
Founding Year
1995
Principal Officer
John Shea
Main Address
1050 S Main St, Chelsea, MI, 48118
Website
www.balletchelsea.orgNTEE Category
Code: A63Z - Arts
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