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Ballet Vero Beach Inc

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

EIN: 461513558 ✦ Vero beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Ballet Vero Beach Inc?

Ballet Vero Beach Inc, based in Vero Beach, Florida, is a nonprofit organization that strongly advocates for the art of dance as a universal form of communication. Their mission involves showcasing the talents of their professional dance company in performances, inviting other dance artists, and engaging with the community through educational initiatives. Notably, they recently presented the theatrical adaptation of their cherished production, "Nutcracker on the Indian River," both at home and on tour. With a team of six dedicated individuals, Ballet Vero Beach strives to enrich their community and beyond through the captivating world of dance.


Official website here: www.balletverobeach.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93%, Four-Star out of Four Star rating

Ballet Vero Beach Inc has earned a strong reputation with a 93% score on Charity Navigator, receiving a Four-Star rating. This high rating indicates effective management and a commitment to transparency, with notable scores in Accountability & Finance (92) and Culture & Community (98). The organization boasts a majority independent board (91% independent members) and a robust program expense ratio of 75.20%, highlighting a strong focus on its mission-driven activities.

The nonprofit demonstrates sound financial practices, with a low liabilities to assets ratio of 4.88% and full marks in auditing and oversight. Additionally, it has effectively implemented feedback collection and usage mechanisms, scoring 100% in both areas. The presence of policies for conflict of interest and document retention enhances its governance structure.

However, it is important to note that Ballet Vero Beach does lack a whistleblower policy, which received a score of 0 out of 4 points. This absence may indicate an area for improvement in ensuring comprehensive protections for staff and volunteers. Overall, while the organization shows strong performance in many areas, addressing this gap could bolster its governance framework further.


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

Is Ballet Vero Beach Inc legitimate?

Ballet Vero Beach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballet Vero Beach 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: $187,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $100,000

For more financial information, click here


Official website here: www.balletverobeach.org

What is the mission statement of Ballet Vero Beach Inc?

Ballet Vero Beach Inc's mission is centered around promoting dance as a universal language, aiming to connect with both their local community and beyond. They achieve this objective through several means, including presenting performances by their professional dance company, inviting other dance artists, and engaging in various educational and community outreach initiatives. These efforts are designed to make dance more accessible and appreciated, fostering a deeper understanding and appreciation for this art form.


Official website here: www.balletverobeach.org

Who is the CEO of Ballet Vero Beach Inc?

Adam Schnell is the Artistic Director Ceo And President of Ballet Vero Beach Inc. The CEO's salary of Ballet Vero Beach Inc is $35,000 and their total compensation is $35,000.


Official website here: www.balletverobeach.org

What is the revenue of Ballet Vero Beach Inc?

Ballet Vero Beach Inc's revenue in 2023 was $527,730.


Official website here: www.balletverobeach.org

Who are the executives of Ballet Vero Beach Inc and what are their salaries?

The average compensation at Ballet Vero Beach Inc during 2023 was $47,860. There are 6 employees and 50 volunteers at Ballet Vero Beach Inc.


Here are 12 key members and their salaries (Ballet Vero Beach Inc's CEO's salary is $35,000 and their total compensation is $35,000):


Adam Schnell (Artistic Director Ceo And President)
  • Compensation: $35,000
  • Related: $0
  • Other: $0
Alan Edelstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Jenkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Salustro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Sharpe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Wallace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lily O'Dare (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Bruce (Direcotr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Downey (Director And Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Ward (Director And Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.balletverobeach.org

Where can I find the form 990 for Ballet Vero Beach Inc?

Ballet Vero Beach Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.balletverobeach.org

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

Mission Statement of Ballet Vero Beach Inc

Ballet Vero Beach, a renowned organization, is dedicated to fostering the art of dance as a universal language within their community and beyond. Their mission is twofold: firstly, they aim to showcase the talents of their professional dance company through captivating performances; secondly, they strive to present diverse dance artists and engage with their community through various educational initiatives. By combining these elements, Ballet Vero Beach seeks to bring the beauty and expressiveness of dance to a broader audience, transcending linguistic barriers.

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Impact




July, 2024

Ballet Vero Beach Inc's impact is evident in its promotion of the art of dance as a universal language in the community and beyond. Through professional performances, presentations of other dance artists, and educational initiatives, Ballet Vero Beach plays a vital role in enriching the cultural landscape of Vero Beach, FL. By executing acclaimed productions like the "Nutcracker on the Indian River," both locally and on tour, Ballet Vero Beach engages audiences and fosters a deeper appreciation for the beauty and expression of dance.




This information is meant to be a general summary of Ballet Vero Beach 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.

Revenue
$527,730 (2023)
Expenses
$508,459 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $452
  • Program Service Revenue: $95,366
  • Gross Receipts: $527,730

Assets and Liabilities:

  • Total Assets: $402,299
  • Total Liabilities: $19,635
  • Net Assets: $382,664

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Organization Details

Founding Year

2013

Principal Officer

Adam Schnell

Main Address

2135 Windward Way Apt 209, Vero Beach, FL, 32963

NTEE Category

Code: A63 - Arts

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