Overview
What is Victory Music & Dance Company Inc?
Victory Music & Dance Company Inc, situated in Brooklyn, New York, is a non-sectarian organization dedicated to serving the underserved communities of the area. With a focus on academic enrichment and personal development, they offer performing arts, leadership, and mentorship programs. Their reach extends to over 10,000 youth through partnerships with 14 public schools and their own performing arts programs. The organization also provides opportunities for professional growth through their Young Artist Apprenticeship Program, with 15 students securing placements in esteemed performing arts programs and universities. With a small team of just 2 employees, Victory Music & Dance Company Inc plays a significant role in nurturing talent and fostering growth in Brooklyn's youth.
Official website here: www.victoryperformingarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 62% Overall Score, Two-Star out of Four Star Rating
Victory Music & Dance Company Inc has received a Two-Star rating from Charity Navigator, reflecting a need for improvement in its financial accountability and governance practices. While the organization demonstrates a high commitment to program expenses with a ratio of 91.07%, indicating that the majority of its spending is directed towards its programs, it struggles in areas related to board independence and governance policies, with no independent board members reported.
Additionally, the organization has achieved impressive scores in equity-related areas, including feedback collection and usage, both rated at 100%. However, the absence of essential policies such as conflict of interest and whistleblower protections raises concerns about organizational transparency and accountability. The liabilities to assets ratio is notably high at 199.66%, indicating potential financial instability that warrants attention.
Overall, while Victory Music & Dance Company Inc exhibits strengths in its program dedication and community engagement, significant improvements are needed in financial governance and policy implementation to enhance its operational effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Victory Music & Dance Company Inc legitimate?
Victory Music & Dance Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Music & Dance Company 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: $138,434
Professional Fundraising Fees: $0
Other Salaries and Wages: $411,887
For more financial information, click here
Official website here: www.victoryperformingarts.org
What is the mission statement of Victory Music & Dance Company Inc?
Victory Music & Dance Company Inc, as a non-sectarian organization, focuses on serving underserved communities in Brooklyn by offering academic enrichment programs, performing arts training, and leadership and mentorship opportunities for youth and families. Its mission is to provide a comprehensive platform that fosters personal growth and talent development, aiming to empower the youth through various artistic and leadership initiatives. The organization has been instrumental in offering extended performing arts, educational, and leadership services to over 10,000 young individuals, with 15 students successfully securing placements in prestigious performing arts programs and universities across the nation.
Official website here: www.victoryperformingarts.org
Who is the CEO of Victory Music & Dance Company Inc?
Kencina N Williams is the Executive Director of Victory Music & Dance Company Inc.
Official website here: www.victoryperformingarts.org
What is the revenue of Victory Music & Dance Company Inc?
Victory Music & Dance Company Inc's revenue in 2022 was $721,149.
Official website here: www.victoryperformingarts.org
Who are the executives of Victory Music & Dance Company Inc and what are their salaries?
The average compensation at Victory Music & Dance Company Inc during 2022 was $275,160. There are 2 employees at Victory Music & Dance Company Inc.
Here are 11 key members and their salaries:
- Compensation: $247,434
- Related: $0
- Other: $0
- Compensation: $49,653
- Related: $0
- Other: $0
- Compensation: $38,764
- Related: $0
- Other: $0
- Compensation: $35,990
- Related: $0
- Other: $0
- Compensation: $33,550
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.victoryperformingarts.org
Where can I find the form 990 for Victory Music & Dance Company Inc?
Victory Music & Dance Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.victoryperformingarts.org
Learn more at the official website: www.victoryperformingarts.org
Mission Statement of Victory Music & Dance Company Inc
Victory Music & Dance Company, a non-sectarian organization, is committed to serving the underserved communities of Brooklyn. Their mission lies in providing academic enrichment, performing arts, leadership, and mentorship programs to youth and families within these communities. The organization seeks to empower these individuals through its diverse range of services, aiming to foster personal growth and development. By offering extensive performing arts programs, Victory Music & Dance Company encourages creativity and talent in young individuals, providing them with opportunities to excel in their chosen fields. Additionally, the organization's leadership and mentorship programs aim to instill essential life skills and confidence in its participants, empowering them to become future leaders in their communities. Through its initiatives, Victory Music & Dance Company has positively impacted over 10,000 youth, offering them valuable educational and artistic experiences.
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Impact
July, 2024
Victory Music & Dance Company Inc has made a significant impact in Brooklyn by providing academic enrichment, performing arts, leadership, and mentorship programs to over 10,000 youth and families in underserved communities. Through its programs in 14 public schools and other venues across the borough, the organization has helped students develop their talents and skills in the arts while also fostering leadership qualities. Notably, Victory Music & Dance Company has supported 15 students through its Young Artist Apprenticeship Program, propelling them towards acceptance into prestigious performing arts programs and schools such as Myer Levin Middle School, LaGuardia High School, and various universities. By offering these opportunities and guidance, Victory Music & Dance Company Inc has played a vital role in empowering the youth of Brooklyn to pursue their passions and achieve their academic and artistic potential.
This information is meant to be a general summary of Victory Music & Dance Company 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.
- Gross Receipts: $721,149
Assets and Liabilities:
- Total Assets: $258,338
- Total Liabilities: $515,799
- Net Assets: -$257,461
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Organization Details
Founding Year
2014
Principal Officer
Kencina N Williams
Main Address
660 Mother Gaston Blvd, Brooklyn, NY, 11212
NTEE Category
Code: A6E - Arts
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