Overview
What is Gwinnett Ballet Theatre Inc?
Gwinnett Ballet Theatre Inc, established in 1977, is a long-standing non-profit arts organization based in Suwanee, Georgia. With a dedicated team of five individuals, GBT has been nurturing aspiring local artists and contributing to their community. They are renowned for their annual performances, which comprise a Christmas production of 'The Nutcracker', a Winter Inspire project, and a full-length ballet in the spring. GBT's mission is to engage, entertain, and enrich their audiences by presenting professional performances, engaging in community outreach activities, and collaborating with regional arts organizations. Their commitment extends beyond the stage, aiming to improve the community through their artistic endeavors.
Official website here: www.gwinnettballet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star Rating
Gwinnett Ballet Theatre Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance with a score of 75%. The organization demonstrates strong governance practices, including a fully independent board and comprehensive conflict of interest and whistleblower policies, which are crucial for maintaining trust and transparency.
The ballet theatre excels in its program expense ratio, allocating a significant 93.44% of its budget directly to its programs. This indicates a strong commitment to its mission and effective use of resources in serving the community. Moreover, it maintains thorough documentation of board meeting minutes, contributing to its transparency.
However, the organization faces a notable concern with a liabilities to assets ratio of 242.50%, which may raise questions about financial stability. While its accountability practices are commendable, potential donors and stakeholders should consider this financial aspect when assessing the overall health of the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Gwinnett Ballet Theatre Inc legitimate?
Gwinnett Ballet Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gwinnett Ballet Theatre 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,352
For more financial information, click here
Official website here: www.gwinnettballet.org
What is the mission statement of Gwinnett Ballet Theatre Inc?
Gwinnett Ballet Theatre Inc, established in 1977, is one of the oldest non-profit arts organizations in its community. The organization's mission is to provide nurturing leadership to aspiring artists. It aims to enhance its community by engaging, entertaining, and enriching audiences through professional performances, community outreach activities, and collaborations with regional arts organizations. Gwinnett Ballet Theatre Inc is committed to improving its community by challenging and delighting its audience, thereby fostering a love for the arts.
Official website here: www.gwinnettballet.org
Who is the CEO of Gwinnett Ballet Theatre Inc?
Brian Wire is the Director of Gwinnett Ballet Theatre Inc.
Official website here: www.gwinnettballet.org
What is the revenue of Gwinnett Ballet Theatre Inc?
Gwinnett Ballet Theatre Inc's revenue in 2022 was $197,471.
Official website here: www.gwinnettballet.org
Who are the executives of Gwinnett Ballet Theatre Inc and what are their salaries?
The average compensation at Gwinnett Ballet Theatre Inc during 2022 was $3,270. There are 5 employees and 14 volunteers at Gwinnett Ballet Theatre Inc.
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Official website here: www.gwinnettballet.org
Where can I find the form 990 for Gwinnett Ballet Theatre Inc?
Gwinnett Ballet Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gwinnettballet.org
Learn more at the official website: www.gwinnettballet.org
Mission Statement of Gwinnett Ballet Theatre Inc
Gwinnett Ballet Theatre Inc, established in 1977, is one of the oldest non-profit arts organizations in Gwinnett County. With a nurturing leadership approach, this esteemed organization has been committed to fostering aspiring artists within their community. Gwinnett Ballet Theatre's mission is twofold: firstly, they aim to challenge, delight, and enrich their audiences by presenting professional performances. Secondly, they invest in their community through community outreach activities and collaborations with regional arts organizations. By doing so, they strive to improve their community and contribute to its cultural growth.
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Impact
October, 2024
Gwinnett Ballet Theatre Inc. significantly enriches the cultural landscape of Gwinnett County and nurtures local artistic talent. Founded in 1977, it stands as one of the county's oldest arts organizations, dedicated to fostering leadership among aspiring artists. Through its annual performances, including the beloved "The Nutcracker," the Winter Inspire Project, and a full-length ballet, GBT captivates and delights audiences, making high-quality ballet accessible to the community.
In addition to its performances, Gwinnett Ballet Theatre actively engages in community outreach initiatives, collaborating with regional arts organizations to promote the arts. This commitment not only enhances artistic development but also strengthens community bonds and inspires future generations of artists. By challenging and delighting audiences, GBT plays a crucial role in the cultural enrichment and community improvement of Suwanee and beyond, leaving a lasting impact on both individuals and the local artistic scene.
This information is meant to be a general summary of Gwinnett Ballet Theatre 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: $151,674
- Gross Receipts: $204,741
Assets and Liabilities:
- Total Assets: $17,588
- Total Liabilities: $49,909
- Net Assets: -$32,321
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$151,674
Organization Details
Founding Year
1977
Phone
(770) 237-0046Principal Officer
Brian Wire
Main Address
1070 NORTHBROOK PKWY, SUWANEE, GA, 30024
Website
www.gwinnettballet.orgNTEE Category
Code: A63Z - Arts
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