Overview
What is Ballet Next Inc?
Ballet Next Inc, situated at 333 Main Street, Park City, Utah 84060, is a distinguished nonprofit organization. Their primary focus is on the instruction and presentation of ballet to a wide audience. Through their teachings and performances, they aim to engage and captivate the public with the beauty and grace of this timeless art form. While specific details about their reach, programs, or collaborations aren't provided in the information, it's clear that Ballet Next Inc is devoted to promoting ballet's appeal and fostering appreciation for this classical dance style.
Official website here: www.balletnext.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0%
Ballet Next Inc has received a rating of 0% from Charity Navigator, indicating significant concerns about its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight. Furthermore, crucial policies such as those related to conflicts of interest and whistleblower protections are missing, reflecting a lack of procedural safeguards.
In terms of financial health, Ballet Next Inc shows a concerning liabilities-to-assets ratio of 117.17%, suggesting the organization may be over-leveraged. Additionally, the program expense ratio is low at 40.57%, indicating that a smaller portion of its budget is directed towards its stated mission, which could impact its effectiveness and sustainability.
Overall, Ballet Next Inc faces substantial challenges regarding its governance and financial management. The absence of critical policies and the lack of an independent board may hinder its ability to effectively serve its community and fulfill its mission. These factors contribute to the organization's low rating, highlighting the need for improvements in accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Ballet Next Inc legitimate?
Ballet Next Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballet Next 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.balletnext.com
What is the mission statement of Ballet Next Inc?
Ballet Next Inc is dedicated to the promotion of ballet, serving the general public through both teaching and performance. Their mission is geared towards making ballet accessible and engaging to a wide audience, fostering an appreciation for this art form. By offering instruction and staging performances, Ballet Next Inc aims to share the beauty and grace of ballet with a diverse population, encouraging participation and enjoyment.
Official website here: www.balletnext.com
Who is the CEO of Ballet Next Inc?
Unavailable
Official website here: www.balletnext.com
What is the revenue of Ballet Next Inc?
Ballet Next Inc's revenue in 2021 was $93,936.
Official website here: www.balletnext.com
Who are the executives of Ballet Next Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.balletnext.com
Where can I find the form 990 for Ballet Next Inc?
Ballet Next Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.balletnext.com
Learn more at the official website: www.balletnext.com
Mission Statement of Ballet Next Inc
Ballet Next Inc, as a nonprofit organization, is dedicated to the instruction and presentation of ballet to a wide audience. Their mission is centered around promoting ballet to the general public, serving as a platform for both teaching and performance. By engaging in this activity, Ballet Next Inc aims to make ballet accessible and enjoyable for all, encouraging appreciation and participation in the art form.
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Impact
October, 2024
Ballet Next Inc significantly impacts the community by expanding access to ballet, fostering an appreciation for the art form among diverse audiences. Through its teaching and performance initiatives, it nurtures talent, provides artistic education, and engages the public in the beauty and discipline of ballet. Based in Park City, UT, the organization brings the transformative power of dance to individuals of all ages and backgrounds, encouraging personal expression and cultural enrichment. By creating opportunities for both participation and observation, Ballet Next Inc contributes to a vibrant arts landscape, enhancing the cultural fabric of the community.
This information is meant to be a general summary of Ballet Next 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 2021.
- Program Service Revenue: $4,100
- Gross Receipts: $93,936
Assets and Liabilities:
- Total Assets: $42,104
- Total Liabilities: $44,271
- Net Assets: -$2,167
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Special events
Studio Showings
Tour and performance fees
Tuition and class fees
Revenue
$4,100
Organization Details
Founding Year
2011
Phone
(646) 339-3139Main Address
333 Main Street, Park City, UT, 84060
Website
www.balletnext.comNTEE Category
Code: A63 - Arts
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