Overview
What is Moveius Contemporary Ballet Inc?
Moveius Contemporary Ballet Inc, doing business as Dance Loft On 14, is a notable nonprofit organization situated in Washington, D.C. It serves as a creative hub for various arts groups in the region, fostering art and vitality in the Central 14th Street area. Dance Loft On 14 offers spacious studios for rehearsals and performances, catering to both professional and beginner dancers. The organization also provides a diverse range of dance classes, from social dance to Zumba, and showcases choreographic performances. Beyond dance, Dance Loft On 14 hosts a variety of community events and arts exhibitions, making it a vital part of its local neighborhood. With a team of 4 dedicated individuals, Dance Loft On 14 contributes to the vibrant cultural scene of Washington, D.C.
Official website here: www.danceloft14.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Moveius Contemporary Ballet Inc, also known as Dance Loft On 14, has earned a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The overall score reflects a strong commitment to responsible management, showcased by its 92% Accountability & Finance score. This rating is derived from various metrics, including independent board member participation and effective internal policies.
The organization demonstrates significant strengths, particularly in its governance structure, with 87% of its board members being independent. It has established comprehensive policies, including conflict of interest and whistleblower protections, which enhance its operational transparency. Additionally, the nonprofit boasts a strong program expense ratio of 73.31%, ensuring that a significant portion of its expenditures directly supports its mission.
While the ratings indicate a robust financial standing, with low liabilities relative to assets and high working capital, no significant limitations were noted in the available data. Therefore, Dance Loft On 14 appears to be a well-managed organization committed to its artistic mission and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Moveius Contemporary Ballet Inc?
80% of 271 reviewers on Facebook recommend Moveius Contemporary Ballet Inc. Here is a summary of their reviews:
Many patrons appreciate the inviting ambiance of the location, noting the charming theater and spacious studio that serves the dance and arts community in Washington, DC. The environment seems to enhance the overall experience for those who attend performances or participate in classes.
Overall, the positive sentiment reflects a strong appreciation for the nonprofit's commitment to providing a welcoming space for the arts, with several users expressing satisfaction with the offerings available.
This AI summary has been generated from reviews found on Facebook.
Is Moveius Contemporary Ballet Inc legitimate?
Moveius Contemporary Ballet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moveius Contemporary 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: $36,251
Professional Fundraising Fees: $79,709
Other Salaries and Wages: $140,098
For more financial information, click here
Official website here: www.danceloft14.org/
What is the mission statement of Moveius Contemporary Ballet Inc?
Moveius Contemporary Ballet Inc, operating under the name Dance Loft On 14, aims to serve as a hub for arts organizations in the surrounding region. By locating in Washington D.C.'s Central 14th Street area, Dance Loft on 14 stimulates artistic growth and lively energy within the community. The organization caters to both the city-wide dance community and its local neighborhood, offering ample rehearsal and performance space along with top-notch dance programming in a historic loft filled with expansive studios. The primary mission of Dance Loft on 14 is to foster an environment that promotes and nurtures the arts, ultimately contributing to a vibrant and culturally enriched community.
Official website here: www.danceloft14.org/
Who is the CEO of Moveius Contemporary Ballet Inc?
Messay Derebe is the Coo of Moveius Contemporary Ballet Inc.
Official website here: www.danceloft14.org/
What is the revenue of Moveius Contemporary Ballet Inc?
Moveius Contemporary Ballet Inc's revenue in 2022 was $2,128,013.
Official website here: www.danceloft14.org/
Who are the executives of Moveius Contemporary Ballet Inc and what are their salaries?
The average compensation at Moveius Contemporary Ballet Inc during 2022 was $44,087. There are 4 employees and 14 volunteers at Moveius Contemporary Ballet Inc.
Here are 8 key members and their salaries:
- Compensation: $27,500
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- Other: $0
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Official website here: www.danceloft14.org/
Where can I find the form 990 for Moveius Contemporary Ballet Inc?
Moveius Contemporary Ballet Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.danceloft14.org/
Learn more at the official website: www.danceloft14.org/
Mission Statement of Moveius Contemporary Ballet Inc
Moveius Contemporary Ballet Inc, also known as Dance Loft on 14, is dedicated to serving as a hub for arts groups within its region. Located in Washington, D.C., this organization aims to foster art and vitality in the Central 14th Street area. By offering spacious studios and high-quality dance programming in a historic loft, Dance Loft on 14 caters to the city-wide dance community and its local neighborhood. The mission of Moveius Contemporary Ballet Inc is to provide rehearsal and performance spaces, thereby promoting and nurturing the growth of the dance community within the region.
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Impact
July, 2024
Moveius Contemporary Ballet Inc Dba Dance Loft On 14 has a significant impact on the arts community in Washington, DC, particularly in the Central 14th Street area. It serves as a hub for arts groups in the region, providing rehearsal and performance space for various organizations. Additionally, Dance Loft on 14 offers high-quality dance programming and classes for individuals of all skill levels, from beginners to advanced dancers.
As a critically-acclaimed professional dance performance company, MOVEIUS Contemporary Ballet enriches the local arts scene by offering a full season of theater and dance performances at its flagship arts facility. This not only benefits the attending public by providing them with access to cultural experiences but also contributes to the vibrancy and cultural richness of the community. Furthermore, the organization's outreach efforts and community events help foster a sense of unity and creativity within the neighborhood.
This information is meant to be a general summary of Moveius Contemporary 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.
- Program Service Revenue: $294,012
- Gross Receipts: $2,128,013
Assets and Liabilities:
- Total Assets: $2,345,540
- Total Liabilities: $321,810
- Net Assets: $2,023,730
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
artist space provision
Revenue
$187,313
classes
Revenue
$62,269
program income, misc
Revenue
$32,888
ticket sales
Revenue
$11,542
Organization Details
Founding Year
2017
Phone
(202) 621-3670Principal Officer
Messay Derebe
Main Address
4618 14th Street NW, Washington, DC, 20011
Website
www.danceloft14.org/NTEE Category
Code: A63 - Arts
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