Roswell Dance Theatre Inc

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

EIN: 581867572 ✦ Roswell, GA ✦ Designated as a 501(c)(3)

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Overview

What is Roswell Dance Theatre Inc?

Roswell Dance Theatre Inc is a nonprofit organization situated in Roswell, Georgia, with a primary focus on the art of dance. Their mission encompasses operating as a dance studio, offering programs such as Festival RDA/Serba and Spring Concert. The organization serves as a hub for dance enthusiasts, providing a platform for individuals to explore and perfect their dance skills. By specializing in dance, Roswell Dance Theatre Inc contributes to the cultural richness of their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 23%, Zero-Star out of Four Star rating

Roswell Dance Theatre Inc has received a low rating of 23%, indicating significant concerns regarding its accountability and financial practices. The score is primarily derived from a complete absence of independent board members and missing crucial governance policies, such as conflict of interest and whistleblower policies. The lack of transparency and organizational oversight reflected in these findings raises important questions about the management and operational integrity of the nonprofit.

Despite the critical issues noted, Roswell Dance Theatre Inc does have a favorable liabilities to assets ratio at 52.79%, suggesting that it manages its obligations relatively well compared to its assets. However, the program expense ratio is concerning, with only 26.31% of its expenses allocated to programs. This low percentage indicates that a significant portion of its funds may not be directed towards mission-driven activities, which is a common expectation for nonprofit organizations.

Overall, the governance and financial oversight issues highlighted by the zero-star rating from Charity Navigator suggest that potential donors should exercise caution. The organization needs to take substantial steps to improve its accountability practices and increase funding towards its primary programs to enhance its standing and trustworthiness in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Roswell Dance Theatre Inc legitimate?

Roswell Dance Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roswell Dance 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: $0

For more financial information, click here

What is the mission statement of Roswell Dance Theatre Inc?

Roswell Dance Theatre Inc. primarily functions as a dance studio, offering programs such as Festival RDA/Serba and Spring Concert. Their mission revolves around the art of dance, focusing on providing a platform for dance enthusiasts to express themselves and hone their skills. The organization's activities are centered around the promotion and advancement of dance, serving as a hub for dance lovers. While the provided information does not specify any explicit mission statement, it can be inferred that Roswell Dance Theatre Inc. aims to foster a community of dance lovers, providing them with opportunities to learn, grow, and perform.

Who is the CEO of Roswell Dance Theatre Inc?

Nancy Tolbert Yilmaz is the N/A of Roswell Dance Theatre Inc.

What is the revenue of Roswell Dance Theatre Inc?

Roswell Dance Theatre Inc's revenue in 2022 was $492,455.

Who are the executives of Roswell Dance Theatre Inc and what are their salaries?

There 15 volunteers at Roswell Dance Theatre Inc.


There is 1 key member and their salary:


Na (N/A)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Roswell Dance Theatre Inc?

Roswell Dance Theatre Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Roswell Dance Theatre Inc

Roswell Dance Theatre, as an esteemed dance organization, is dedicated to honing the art of dance through its various programs. One of its significant initiatives is Festival RDA/Serba, while the Spring Concert also plays a crucial role in its mission. The organization specializes in dance, offering a nurturing environment for individuals to explore and perfect their dance skills. By providing these programs, Roswell Dance Theatre seeks to contribute to the dance community and foster a passion for this expressive art form.

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Impact




July, 2024

Roswell Dance Theatre Inc has a significant impact on the local community through its dedication to the art of dance. By offering programs such as Festival RDA/Serba and the Spring Concert, the organization provides opportunities for individuals to express themselves creatively and cultivate their passion for dance. Through its focus on artistic expression and skill development, Roswell Dance Theatre Inc enriches the cultural landscape of Roswell, GA, and fosters a vibrant arts community.




This information is meant to be a general summary of Roswell Dance 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.

Revenue
$492,455 (2022)
Expenses
$480,210 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $313,640
  • Gross Receipts: $492,455

Assets and Liabilities:

  • Total Assets: $285,854
  • Total Liabilities: $150,917
  • Net Assets: $134,937

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Programs

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

Dance Productions

Revenue

$283,138

Dancer's Circle

Revenue

$14,770

Take a Seat

Revenue

$2,813

Coalmont
Other Income

Revenue

$4,577

Organization Details

Founding Year

1989

Principal Officer

Nancy Tolbert Yilmaz

Main Address

601 Houze Way, Roswell, GA, 30076

NTEE Category

Code: A62 - Arts

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