Overview
What is French Academie Of Ballet Inc?
The French Academie of Ballet Inc, situated in New York, New York, is a nonprofit organization committed to sharing the art of ballet with the community. Through auditions, they accept students into their dance program and offer merit and financial scholarships to qualified individuals. The primary objective of this institution is to provide an opportunity for people to experience and learn from the captivating beauty of ballet, thereby enriching the community culture. The organization offers these scholarships as a reduction of tuition fees, making ballet education accessible to a wider audience.
Official website here: www.frenchacademieofballet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating. The rating reflects a moderate level of accountability and financial management, indicating some strengths but also areas for improvement. While the organization boasts a fully independent board and has no reported material diversion of assets, the overall score suggests that stakeholders should be aware of certain governance issues.
The French Academie of Ballet Inc shows positive elements such as a high percentage of independent board members and a solid liabilities to assets ratio, which suggests financial stability. However, the organization has notable gaps, including missing policies on whistleblower protections and document retention, which are crucial for transparency and accountability. Additionally, the organization's program expense ratio is relatively low at 60.23%, implying that a significant portion of expenses may not be directed toward programmatic activities.
Despite these limitations, the nonprofit has demonstrated commitment to some standards of governance, as evidenced by the presence of meeting minutes and a conflict of interest policy. For prospective donors or supporters, it is essential to consider these factors, balancing the organization's strengths against the weaknesses identified in its operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is French Academie Of Ballet Inc legitimate?
French Academie Of Ballet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. French Academie Of 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: $6,840
Professional Fundraising Fees: $0
Other Salaries and Wages: $240
For more financial information, click here
Official website here: www.frenchacademieofballet.org
What is the mission statement of French Academie Of Ballet Inc?
The French Academie of Ballet Inc is committed to sharing the art of dance with the community at large. They achieve this by offering opportunities for individuals to experience and learn from the beauty of ballet. The organization provides an audition process for acceptance into their dance program, and merit and financial scholarships are awarded to qualified students as a reduction of tuition. The mission of French Academie of Ballet Inc is to make the enchanting world of ballet accessible and enjoyable for a wide range of people, fostering appreciation and participation in this timeless art form.
Official website here: www.frenchacademieofballet.org
What is the revenue of French Academie Of Ballet Inc?
French Academie Of Ballet Inc's revenue in 2022 was $44,801.
Official website here: www.frenchacademieofballet.org
Who are the executives of French Academie Of Ballet Inc and what are their salaries?
There 3 volunteers at French Academie Of Ballet Inc.
Here are 4 key members and their salaries:
- Compensation: $6,840
- Related: $0
- Other: $0
- Compensation: $240
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.frenchacademieofballet.org
Where can I find the form 990 for French Academie Of Ballet Inc?
French Academie Of Ballet Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.frenchacademieofballet.org
Learn more at the official website: www.frenchacademieofballet.org
Mission Statement of French Academie Of Ballet Inc
The French Academie of Ballet Inc is dedicated to spreading the enchantment of dance within the community at large. By offering a chance for individuals to engage with and absorb the elegance of ballet, this nonprofit organization aims to provide a distinct and captivating experience. To make this opportunity accessible, the academy conducts auditions to select students for its dance program. Merit and financial scholarships are extended to deserving students, serving as a reduction in their tuition fees. This thoughtful initiative ensures that dance education remains within reach for a diverse range of individuals, irrespective of their financial circumstances.
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Impact
August, 2024
French Academie Of Ballet Inc's impact includes making the art of dance, particularly ballet, accessible to the community by offering opportunities for individuals to experience and learn from its beauty. Through auditions, the organization selects students for its dance program and provides merit and financial scholarships to deserving individuals, reducing the financial barrier to participation. This initiative serves the mission of sharing the beauty of ballet with the wider community, enriching lives through the art form.
This information is meant to be a general summary of French Academie Of 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: $9
- Program Service Revenue: $24,168
- Gross Receipts: $44,801
Assets and Liabilities:
- Total Assets: $93,332
- Total Liabilities: $1,271
- Net Assets: $92,061
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$24,168
Organization Details
Founding Year
2011
Principal Officer
Francois Perron
NTEE Category
Code: A63 - Arts
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