Overview
What is Minnesota Ballet Inc?
Minnesota Ballet Inc, located at 506 W Michigan St, Duluth, MN 55802, is a nonprofit organization dedicated to preserving and advancing the art of ballet. Their mission is multifaceted, encompassing the promotion of access to ballet, education through their school and company, and serving the greater community. With a team of 38 individuals, they present high-quality performances and dance instruction in the local area, as well as on a national and international scale, aiming to bring ballet to people where they live, work, and study. The organization's resources are utilized to achieve these goals and contribute positively to their community.
Official website here: www.minnesotaballet.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Star Rating)
Minnesota Ballet Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. The organization demonstrates strong governance with 100% independent board members and effective policies such as conflict of interest and whistleblower protections. However, it lacks financial statements and has a high liabilities to assets ratio, which could raise concern regarding its financial health.
User reviews highlight the Minnesota Ballet's impact on the community, showcasing its dedication to bringing quality performances and education in the arts to children and adults alike. Many users express admiration for the ballet's artistic quality, the growth of the company, and its outreach programs that enrich the local cultural landscape. Reviewers also note the positive experiences of former students and the importance of the ballet in fostering a love for dance.
Despite its strengths, the financial metrics may pose challenges for the ballet in sustaining its operations and growth. The organization must address these financial concerns while continuing to leverage its strong community support and artistic talent to thrive in the future.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Minnesota Ballet Inc?
84% of the 33 reviewers on Facebook recommend Minnesota Ballet Inc. Here's what they have to say:
Many parents express happiness regarding their children's experiences, noting that their kids have developed a passion for dance through the classes offered. The program is described positively, indicating that it effectively engages young dancers and nurtures their love for the art form.
Overall, it appears that the Minnesota Ballet Inc. delivers a valuable service to its participants, fostering enthusiasm and dedication towards dance among its students. The organization is well-regarded in the community, particularly for its ability to inspire young talent.
This AI summary has been generated from reviews found on Facebook.
Is Minnesota Ballet Inc legitimate?
Minnesota Ballet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota 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: $64,131
Professional Fundraising Fees: $0
Other Salaries and Wages: $316,560
For more financial information, click here
Official website here: www.minnesotaballet.org/
What is the mission statement of Minnesota Ballet Inc?
Minnesota Ballet Inc's mission is centered around preserving and advancing the art of ballet. It aims to make ballet more accessible to a wider audience and uses its resources to contribute to the larger community. The organization's goals include educating people about ballet through its school and company, presenting professional ballet performances and dance instruction both locally and internationally, and bringing ballet to people in their everyday environments.
Official website here: www.minnesotaballet.org/
Who is the CEO of Minnesota Ballet Inc?
Maude Dornfeld is the President of Minnesota Ballet Inc.
Official website here: www.minnesotaballet.org/
What is the revenue of Minnesota Ballet Inc?
Minnesota Ballet Inc's revenue in 2022 was $923,188.
Official website here: www.minnesotaballet.org/
Who are the executives of Minnesota Ballet Inc and what are their salaries?
The average compensation at Minnesota Ballet Inc during 2022 was $10,018. There are 38 employees and 40 volunteers at Minnesota Ballet Inc.
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- Compensation: $55,016
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- Other: $23,754
Official website here: www.minnesotaballet.org/
Where can I find the form 990 for Minnesota Ballet Inc?
Minnesota Ballet Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.minnesotaballet.org/
Learn more at the official website: www.minnesotaballet.org/
Mission Statement of Minnesota Ballet Inc
Minnesota Ballet Inc, a dedicated organization, is committed to preserving and advancing the art of ballet. Its mission extends beyond the realm of dance, aiming to increase access to ballet for a wider audience. The ballet company utilizes its resources to serve the broader community. One of its goals is to educate through its school and company, imparting the essence of ballet. Alongside this, Minnesota Ballet Inc presents highly professional performances and dance instruction not just locally, but nationally and internationally. The organization's unique approach brings ballet to the people, making it an integral part of their daily lives, whether at home, work, or school.
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Impact
July, 2024
Minnesota Ballet Inc's impact lies in its unwavering commitment to preserving and advancing the art of ballet, increasing access to this beautiful form of dance, and serving the greater community. By educating through its school and company, Minnesota Ballet strives to instill a love for ballet in individuals of all ages. Through highly professional performances and dance instruction, the ballet sets a standard of excellence in the Northland and on tour nationally and internationally. This dedication to bringing ballet to people where they live, work, and go to school ensures that the art form reaches a wide audience and enriches lives through the beauty of dance.
This information is meant to be a general summary of Minnesota 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 2022.
- Investment Income: $2,732
- Program Service Revenue: $266,958
- Gross Receipts: $937,343
Assets and Liabilities:
- Total Assets: $379,656
- Total Liabilities: $236,007
- Net Assets: $143,649
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$147,586
TUITION
Revenue
$119,372
Organization Details
Founding Year
1965
Phone
(218) 733-7570Principal Officer
Maude Dornfeld
Main Address
506 W MICHIGAN ST, DULUTH, MN, 55802
Website
www.minnesotaballet.org/NTEE Category
Code: A63Z - Arts
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