Overview
What is The Georgia Ballet Inc?
The Georgia Ballet Inc is a distinguished nonprofit organization situated in Cobb County/metro Atlanta. Primarily, it serves as a renowned school of dance, offering ballet instruction to a vast number of students. Through its outstanding Arts in Education program, The Georgia Ballet reaches over 14,000 school children annually. Beyond being a dance school, this nonprofit organization is home to a professional ballet company and a prestigious performing arts program. The Georgia Ballet Inc contributes to the community by presenting dance performances for schools, the public, and various private sectors.
Official website here: www.georgiaballet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Georgia Ballet Inc has received a low rating due to concerns regarding its accountability and financial health. While the organization boasts a fully independent board and a strong program expense ratio of 83.20%, indicating a significant portion of its budget is allocated to programs, it struggles with transparency. The absence of financial statements and key policies such as conflict of interest and whistleblower protections has contributed to its overall low score.
Strengths of the organization include its governance structure, with all board members being independent, which is a positive indicator for potential donors. However, the lack of essential financial documentation and policies raises red flags about its operational practices. The liabilities to assets ratio is notably high at 92.42%, suggesting that the organization may be facing financial challenges.
Overall, while The Georgia Ballet Inc demonstrates strong programmatic focus, significant gaps in financial accountability and governance practices may concern potential supporters. Addressing these issues could enhance the trust and confidence of donors in the organization's long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is The Georgia Ballet Inc legitimate?
The Georgia Ballet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Georgia 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: $97,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $382,237
For more financial information, click here
Official website here: www.georgiaballet.org
What is the mission statement of The Georgia Ballet Inc?
The Georgia Ballet Inc, as a non-profit organization, serves dual purposes: it houses a professional ballet company and a prestigious dance school. A significant part of its mission is focused on education, with approximately 60% of its performances contributing to an arts in education program. This program reaches over 14,000 school children annually in Cobb County and metro Atlanta. The Georgia Ballet's activities extend beyond schools, offering dance performances for both the public and private sectors.
Official website here: www.georgiaballet.org
What is the revenue of The Georgia Ballet Inc?
The Georgia Ballet Inc's revenue in 2023 was $588,137.
Official website here: www.georgiaballet.org
Who are the executives of The Georgia Ballet Inc and what are their salaries?
The average compensation at The Georgia Ballet Inc during 2023 was $60,009. There are 8 employees and 100 volunteers at The Georgia Ballet Inc.
Here are 10 key members and their salaries:
- Compensation: $36,000
- Related: $0
- Other: $0
- Compensation: $33,504
- Related: $0
- Other: $0
- Compensation: $18,667
- Related: $0
- Other: $0
- Compensation: $13,333
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.georgiaballet.org
Where can I find the form 990 for The Georgia Ballet Inc?
The Georgia Ballet Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.georgiaballet.org
Learn more at the official website: www.georgiaballet.org
Mission Statement of The Georgia Ballet Inc
The Georgia Ballet, a distinguished non-profit organization, is dedicated to providing ballet instruction. Its mission extends beyond just dance lessons, as 60% of its performances are integrated into an Arts in Education program. This initiative reaches over 14,000 children from Cobb County and the metro Atlanta area annually. By incorporating ballet performances into schools, the public sector, and private organizations, The Georgia Ballet contributes to the enrichment of these children's educational experiences. The organization is unique in housing both a professional ballet company and a prestigious dance school, thus providing a comprehensive platform for nurturing budding ballet dancers.
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Impact
July, 2024
The Georgia Ballet Inc's impact is significant in providing ballet instruction to students in Cobb County and metro Atlanta. Through its arts in education program, the organization reaches over 14,000 school children annually, fostering a love for the arts and introducing them to the discipline and beauty of ballet. By offering performances for schools, the public, and private sectors, The Georgia Ballet Inc serves as a pillar of cultural enrichment in the community.
This information is meant to be a general summary of The Georgia 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 2023.
- Investment Income: $30
- Program Service Revenue: $465,103
- Gross Receipts: $595,844
Assets and Liabilities:
- Total Assets: $1,142,327
- Total Liabilities: $723,992
- Net Assets: $418,335
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$243,729
PERFORMANCE TICKETS
Revenue
$201,427
OTHER PROGRAM INCOME
Revenue
$19,947
Organization Details
Founding Year
1960
Principal Officer
Alexa Destefano
Website
www.georgiaballet.orgNTEE Category
Code: A63 - Arts
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