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Dreams Of Wilmington Inc

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

EIN: 562001053 ✦ Wilmington, NC ✦ Designated as a 501(c)(3)

Overview

What is Dreams Of Wilmington Inc?

Dreams of Wilmington Inc, situated in Wilmington, North Carolina, is a nonprofit organization dedicated to empowering youth aged 8 to 18. They offer high-quality, free arts education in literary, visual, and performing arts at their inner-city center and various community outreach sites. Initiatives such as youth entrepreneurship, family engagement, and teen council foster personal growth and income opportunities. The Dance Theatre of Dreams provides performance platforms for advanced dance students, while apprenticeship programs teach real-world skills to older students. Digital arts, higher education, and visiting artists initiatives complement their comprehensive approach, aiming to foster self-confidence and engage youth in productive activities. Guided by values of respect, family, and community, Dreams of Wilmington Inc strives to create an equitable arts education culture.


Official website here: www.dreamswilmington.org

Is Dreams Of Wilmington Inc legitimate?

Dreams Of Wilmington Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreams Of Wilmington 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.

Here are some key statistics you may want to consider:

Executive Compensation: $92,707
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,627

For more financial information, click here


Official website here: www.dreamswilmington.org

What is the mission statement of Dreams Of Wilmington Inc?

Dreams Of Wilmington Inc's mission is centered around fostering confidence in youth and teens. This is achieved by providing equitable access to arts education, upholding values of respect, family, and community. The organization offers high-quality, free-of-charge classes in literary, visual, and performing arts for youth aged 8-18, both at their inner-city center and outreach sites throughout the community. Initiatives such as youth entrepreneurship, family engagement, and a teen council, among others, aim to address the holistic development of these young individuals, guiding them towards becoming productive and engaged members of society.


Official website here: www.dreamswilmington.org

Who is the CEO of Dreams Of Wilmington Inc?

Marlon Ramos is the Exec. Dir. - of Dreams Of Wilmington Inc.


Official website here: www.dreamswilmington.org

What is the revenue of Dreams Of Wilmington Inc?

Dreams Of Wilmington Inc's revenue in 2023 was $758,201.


Official website here: www.dreamswilmington.org

Who are the executives of Dreams Of Wilmington Inc and what are their salaries?

The average compensation at Dreams Of Wilmington Inc during 2023 was $21,121. There are 11 employees and 50 volunteers at Dreams Of Wilmington Inc.

Here are 12 key members and their salaries:

    Annette Freeman (Exec. Dir. -)
  • Compensation: $25,818
  • Related: $0
  • Other: $0

    • Fidias Reyes (Exec. Dir. -)
  • Compensation: $18,750
  • Related: $0
  • Other: $0

    • Marlon Ramos (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Williams (Co-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Baird (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Audra Moore (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lettie Gore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Grant (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carson Hobbs (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Georgia Mastroieni (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy Malanka (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danielle Mcintosh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dreamswilmington.org

    Where can I find the form 990 for Dreams Of Wilmington Inc?

    The Dreams Of Wilmington Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.dreamswilmington.org

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

    Mission Statement of Dreams Of Wilmington Inc

    Dreams of Wilmington Inc, a nonprofit organization, is dedicated to fostering a culture of self-confidence in youth and teens. They achieve this goal by providing equitable access to arts education, upholding values of respect, family, and community. Through their inner-city center and outreach sites throughout the community, Dreams offers high-quality, free-of-charge classes in literary, visual, and performing arts for young people aged 8 to 18.

    The mission of Dreams of Wilmington Inc goes beyond just offering arts education. They have various initiatives designed to support and engage the youth holistically. One such initiative is Youth Entrepreneurship, which empowers students by providing them with an income stream through artwork sales and paid performances. Family Engagement is another initiative that encourages parents and siblings to participate in programming, strengthening the bond between family and the organization.

    The Teen Council offers older students a leadership role within the organization, providing them with valuable experience and responsibilities. Dance Theatre of Dreams provides performance opportunities for advanced dance students, while the Apprenticeship program teaches real-world job skills to a select group of older students. Dreams also focuses on digital arts, higher education, and invites visiting artists to enrich the learning experience.

    In summary, Dreams of Wilmington Inc is a nonprofit organization committed to building self-confidence in youth and teens through arts education. By offering a range of initiatives, they aim to support the holistic development of young people, preparing them to become productive and engaged members of society.

    Impact

    This information is meant to be a general summary of Dreams Of Wilmington Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Dreams of Wilmington Inc has a significant impact on the youth and teens in Wilmington, NC by providing high-quality, free-of-charge arts education classes. Through initiatives such as youth entrepreneurship, family engagement, teen council, dance theatre, apprenticeship, and more, Dreams of Wilmington aims to nurture the "whole child" and guide the development of productive, engaged youth. By offering equitable access to arts education and instilling values of respect, family, and community, Dreams of Wilmington is creating a culture of confidence among young individuals in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $28,544
  • Program Service Revenue: $21,270
  • Gross Receipts: $868,060

    • Assets and Liabilities:
  • Total Assets: $2,117,315
  • Total Liabilities: $40,163
  • Net Assets: $2,077,152
  • Programs

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

    CLASSES, CAMPS & TEACHER FEES

    Revenue

    $21,270

    Organization Details

    Founding Year

    1996

    Principal Officer

    Marlon Ramos

    Main Address

    901 FANNING ST, WILMINGTON, NC, 28401

    NTEE Category

    Code: A99 - Arts

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