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Triangle Youth Ballet

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

EIN: 561929772 ✦ Chapel hill, NC ✦ Designated as a 501(c)(3)

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Overview

What is Triangle Youth Ballet?

Triangle Youth Ballet is a nonprofit organization situated in Chapel Hill, North Carolina. Their mission is to educate and nurture dancers, fostering a deeper appreciation for dance arts within their community. Throughout the year 2021-2022, the organization continued its partnership with the Durham Arts Council, offering tuition assistance and scholarships. Their performing companies participated in various dance festivals, including the University of North Carolina School of the Arts Festival of Dance and Regional Dance America Southeast Festival. Additionally, they mounted a full-length ballet, Don Quixote, and held annual performances. During the holiday season, they organized parking lot shows that served as fundraisers and toy drives for a local charity. As normalcy resumed, the focus shifted towards providing performance opportunities for dancers. The company, with a team of 9 employees, is dedicated to offering professional training through classes, workshops, and performance opportunities, and operates a repertory ballet company for community outreach programs.


Official website here: www.triangleyouthballet.org

Is Triangle Youth Ballet legitimate?

Triangle Youth Ballet is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triangle Youth Ballet 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: $33,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,773

For more financial information, click here


Official website here: www.triangleyouthballet.org

What is the mission statement of Triangle Youth Ballet?

The Triangle Youth Ballet exists with the mission of providing professional dance training to aspiring dancers and fostering a deeper appreciation for dance arts within the community. This is accomplished through various classes, workshops, and performance opportunities. The company also operates a repertory ballet company, providing professional performance experiences, which is an essential element for their community outreach programs. These initiatives aim to nurture young dancers and share the beauty of dance with a wider audience.


Official website here: www.triangleyouthballet.org

Who is the CEO of Triangle Youth Ballet?

Lauren Lorentz De Haas is the Director of Triangle Youth Ballet.


Official website here: www.triangleyouthballet.org

What is the revenue of Triangle Youth Ballet?

Triangle Youth Ballet's revenue in 2022 was $332,012.


Official website here: www.triangleyouthballet.org

Who are the executives of Triangle Youth Ballet and what are their salaries?

The average compensation at Triangle Youth Ballet during 2022 was $11,964. There are 9 employees and 50 volunteers at Triangle Youth Ballet.


Here are 4 key members and their salaries:


Mary Bushnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Lorentz De Haas (Pres/Artistic Director)
  • Compensation: $28,723
  • Related: $0
  • Other: $0
Dave Stuckey (Treasurer/Finance Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ebonie Pittman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.triangleyouthballet.org

Where can I find the form 990 for Triangle Youth Ballet?

Triangle Youth Ballet's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.triangleyouthballet.org

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

Mission Statement of Triangle Youth Ballet

Triangle Youth Ballet, a nonprofit organization, is committed to nurturing dancers and fostering a deeper appreciation for dance arts within the community. The company's mission is twofold. Firstly, it aims to provide professional training to aspiring dancers through its classes, workshops, and performance opportunities. This comprehensive training program equips young dancers with the skills and experience necessary to excel in their craft.

Secondly, Triangle Youth Ballet operates a repertory ballet company, offering aspiring dancers the chance to gain professional performance experience. This essential element is integral to the organization's community outreach programs. By providing a platform for young dancers to showcase their talents, Triangle Youth Ballet plays a significant role in fostering a love for dance arts within the community.

In essence, Triangle Youth Ballet's mission is to cultivate the next generation of dancers, instilling in them a deep understanding and appreciation for dance arts. Through its comprehensive training program and performance opportunities, the organization equips young dancers with the skills they need to excel in their craft and share their passion for dance with the community.

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Impact




October, 2024

Triangle Youth Ballet has a profound impact on the dancers and the broader community through its commitment to professional training and community engagement in the arts. By offering comprehensive classes, training workshops, and performance opportunities, it nurtures aspiring dancers, helping them develop their skills and passion for dance.

This past year, the organization successfully collaborated with the Durham Arts Council, ensuring that programs like tuition assistance and merit scholarships remained available to students. The inclusion of participation in esteemed events such as the UNC School of the Arts Festival of Dance and the Regional Dance America Southeast Festival highlights the commitment to providing valuable experiences for its performing companies.

Moreover, Triangle Youth Ballet's full-length production of "Don Quixote," staged at the UNC campus amphitheater, and annual performances at local theaters showcase the talent and hard work of its dancers, fostering a deeper appreciation for the dance arts in the Chapel Hill community. The organization also prioritized community involvement through holiday-themed performances that served as fundraising events for local charities, demonstrating its dedication to giving back while enriching the cultural landscape.

As life continues to return to normalcy, Triangle Youth Ballet is set to expand its impact by reintroducing traditional fundraising events and further enhancing performance opportunities for its dancers, solidifying its role as a vital part of the artistic community in North Carolina.




This information is meant to be a general summary of Triangle Youth Ballet. 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
$332,012 (2022)
Expenses
$255,697 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $27
  • Program Service Revenue: $265,125
  • Gross Receipts: $333,244

Assets and Liabilities:

  • Total Assets: $306,512
  • Total Liabilities: $128,503
  • Net Assets: $178,009

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$235,741

TICKET SALES

Revenue

$12,057

OTHER PROGRAM SERVICES

Revenue

$12,015

MEMBERSHIP FEE INCOME

Revenue

$5,312

Organization Details

Founding Year

1995

Principal Officer

Lauren Lorentz De Haas

Main Address

PO BOX 2067, CHAPEL HILL, NC, 27515

NTEE Category

Code: A63 - Arts

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