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Lakeville City Ballet

Twin Cities Ballet Of Minnesota

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 450521156 ✦ Lakeville, MN ✦ Designated as a 501(c)(3)

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Overview

What is Lakeville City Ballet?

Lakeville City Ballet, also recognized as Twin Cities Ballet of Minnesota, is a nonprofit organization based in Lakeville, Minnesota. Situated at 16368 Kenrick Avenue, this organization is dedicated to offering high-quality, professional-grade ballet performances to the South Metro Minneapolis area. Beyond entertaining the general public, Lakeville City Ballet extends its reach to local schools in the area, aiming to educate students and foster interaction through their art form. With a dedicated team of 13 employees, this nonprofit is committed to bringing the beauty and elegance of ballet to their community.


Official website here: www.twincitiesballet.org

What are the reviews and ratings of this charity?

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

Lakeville City Ballet has received a Three-Star rating from Charity Navigator, indicating a relatively solid performance in accountability and finance. With a score of 76, the organization demonstrates strong practices in several areas, such as having a fully independent board and no reported material diversion of assets. Additionally, they maintain a healthy liabilities to assets ratio, pointing to robust financial management.

However, the organization does have some notable weaknesses. The absence of policies regarding conflict of interest, whistleblowing, and document retention highlights potential areas for improvement in governance and accountability. These missing elements may raise concerns about the organization's commitment to transparency and ethical management practices.

Despite these limitations, Lakeville City Ballet appears to allocate a significant portion of its resources towards its programs, as evidenced by a program expense ratio of 86.91%. This suggests a dedication to fulfilling its mission, although strengthening governance policies could enhance its overall effectiveness and public trust.


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

What do the Facebook reviews say about Lakeville City Ballet?

98% of 34 reviewers on Facebook recommend Lakeville City Ballet. Here is a summary of their reviews:

Many enthusiasts praise the organization for its exceptional quality, labeling it as "the best classical ballet in the Midwest." This strong endorsement highlights the high standards of performance and artistry that participants and audiences have come to expect from the ballet company.

Overall, the sentiment towards Lakeville City Ballet is overwhelmingly positive, with supporters feeling a deep appreciation for the talent and dedication showcased in their productions. It’s clear that this nonprofit has made a significant impact on its community and continues to deliver remarkable ballet experiences.


This AI summary has been generated from reviews found on Facebook.

Is Lakeville City Ballet legitimate?

Lakeville City Ballet is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeville City Ballet 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: $32,595
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,797

For more financial information, click here


Official website here: www.twincitiesballet.org

What is the mission statement of Lakeville City Ballet?

The Lakeville City Ballet's mission is centered around introducing high-quality, professional-grade dance to the South Metro Minneapolis area. This organization strives to educate and engage with students in local schools, aiming to foster a deeper appreciation for dance. Their activities primarily involve presenting ballet performances to both the general public and local schools in the South Metro Minneapolis area.


Official website here: www.twincitiesballet.org

Who is the CEO of Lakeville City Ballet?

Paul Rime is the Board Member of Lakeville City Ballet.


Official website here: www.twincitiesballet.org

What is the revenue of Lakeville City Ballet?

Lakeville City Ballet's revenue in 2023 was $494,517.


Official website here: www.twincitiesballet.org

Who are the executives of Lakeville City Ballet and what are their salaries?

The average compensation at Lakeville City Ballet during 2023 was $13,261. There are 13 employees and 100 volunteers at Lakeville City Ballet.


Here are 10 key members and their salaries:


Denise Vogt (Board Member)
  • Compensation: $19,965
  • Related: $0
  • Other: $0
Frederick Vogt (Board Member)
  • Compensation: $12,630
  • Related: $0
  • Other: $0
Allison Cole (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Haworth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sacha Haworth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Heinlein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Henry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Kane (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Kvittem (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Rime (Treasurer/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.twincitiesballet.org

Where can I find the form 990 for Lakeville City Ballet?

Lakeville City Ballet's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.twincitiesballet.org

Learn more at the official website: www.twincitiesballet.org

Mission Statement of Lakeville City Ballet

Lakeville City Ballet, a nonprofit organization, is committed to introducing high-quality, professional-grade dance to the South Metro Minneapolis area. Its mission is twofold: firstly, to educate and interact with students in local schools; and secondly, to provide ballet performances to the general public. By doing so, the Lakeville City Ballet aims to engage with the community, fostering an appreciation for dance and providing an enriching educational experience for students.

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Impact




July, 2024

Lakeville City Ballet's impact lies in introducing high-quality, professional-grade dance to the South Metro Minneapolis area. By providing ballet performances to the general public and local schools in Lakeville, Minnesota, the organization is actively engaging with students and the community, enriching their cultural experiences and fostering an appreciation for the arts. Through their mission to educate and interact with students in schools, Lakeville City Ballet is cultivating a love for dance and creating opportunities for artistic expression and development in the region.




This information is meant to be a general summary of Lakeville City Ballet. 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.

Revenue
$494,517 (2023)
Expenses
$439,263 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,556
  • Program Service Revenue: $364,761
  • Gross Receipts: $505,247

Assets and Liabilities:

  • Total Assets: $220,147
  • Total Liabilities: $0
  • Net Assets: $220,147

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TICKET SALES

Revenue

$330,301

WORKSHOP FEES

Revenue

$30,410

ADVERTISING REVENUE

Revenue

$4,050

Organization Details

Founding Year

2003

Principal Officer

Paul Rime

Main Address

16368 KENRICK AVENUE, LAKEVILLE, MN, 55044

NTEE Category

Code: A62 - Arts

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