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Northwest Florida Ballet Inc

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

EIN: 591709205 ✦ Fort walton beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Northwest Florida Ballet Inc?

Northwest Florida Ballet Inc, headquartered at 310 PERRY AVE SE, Fort Walton Beach, Florida, is a vibrant nonprofit organization dedicated to delivering exceptional dance performances. Their mission extends beyond the stage, encompassing the identification and nurturing of talented dancers, and promoting the arts through public education and outreach. With a team of 19 dedicated individuals, the ballet company aims to instill a lifelong love for learning in its students, empowering them to positively impact their families, communities, and the world at large. In the current fiscal year, they showcased their skills by performing the classic ballet, The Nutcracker.


Official website here: www.nfballet.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star Rating

Northwest Florida Ballet Inc has achieved a 77% score, which translates to a Three-Star rating, indicating a solid performance in accountability and finance. The rating is based solely on the Accountability & Finance beacon, reflecting a strong commitment to transparent financial practices and governance.

The organization demonstrates strengths in its governance structure, with a fully independent board consisting of 13 members and a 100% compliance score in various financial metrics. Notably, it has no material diversion of assets, and it maintains high program expense ratios, indicating that a significant portion of its expenditures directly supports its mission.

However, there is a limitation regarding the absence of a whistleblower policy, which may raise concerns about internal reporting mechanisms. Overall, while the organization exhibits strong financial accountability, addressing this gap could enhance its governance further.


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

Is Northwest Florida Ballet Inc legitimate?

Northwest Florida Ballet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Florida 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: $105,105
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,084

For more financial information, click here


Official website here: www.nfballet.org

What is the mission statement of Northwest Florida Ballet Inc?

Northwest Florida Ballet Inc's mission is centered around providing top-notch dance performances and instruction, identifying and nurturing talented dancers, and promoting the appreciation of the arts through public education and outreach. The organization strives to prepare all its students to excel, achieving this by offering high-quality education. This empowerment aims to develop lifelong learners who positively impact their families, communities, and the world. In essence, Northwest Florida Ballet Inc seeks to foster a love for dance and art while nurturing future generations of talented performers.


Official website here: www.nfballet.org

Who is the CEO of Northwest Florida Ballet Inc?

Todd Allen is the Past President of Northwest Florida Ballet Inc. The CEO's salary of Northwest Florida Ballet Inc is $65,105 and their total compensation is $65,105.


Official website here: www.nfballet.org

What is the revenue of Northwest Florida Ballet Inc?

Northwest Florida Ballet Inc's revenue in 2022 was $1,107,429.


Official website here: www.nfballet.org

Who are the executives of Northwest Florida Ballet Inc and what are their salaries?

The average compensation at Northwest Florida Ballet Inc during 2022 was $12,010. There are 19 employees and 80 volunteers at Northwest Florida Ballet Inc.


Here are 12 key members and their salaries (Northwest Florida Ballet Inc's CEO's salary is $65,105 and their total compensation is $65,105):


Julia Sandwith (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lylee Dodson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Greene (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernadette Sims (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Allen (Ceo/Artistic Director)
  • Compensation: $65,105
  • Related: $0
  • Other: $0
Andrew Rowe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shari Allen (Board Member)
  • Compensation: $40,000
  • Related: $0
  • Other: $0
Chirag Shah (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carter Caywood (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Savannah Swindle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winter Spires (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Mauer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nfballet.org

Where can I find the form 990 for Northwest Florida Ballet Inc?

Northwest Florida Ballet Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nfballet.org

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

Mission Statement of Northwest Florida Ballet Inc

Northwest Florida Ballet Inc, a renowned organization, is committed to providing top-notch dance performances and instruction within the region. Their mission extends beyond entertainment, as they also strive to identify and nurture talented dancers. By doing so, they aim to foster an appreciation for the arts through public education and outreach. In line with this vision, the ballet company prepares its students to reach their full potential, equipping them with the skills to become lifelong learners. These learners, in turn, are expected to positively impact their families, communities, and the world at large. For the current fiscal year, Northwest Florida Ballet Inc performed 'The Nutcracker', showcasing their dedication to delivering high-quality entertainment.

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Impact




July, 2024

Northwest Florida Ballet Inc makes a significant impact by providing quality dance performances and instruction for the Northwest Florida community. The organization identifies and develops talented dancers while also working to increase appreciation of the arts through public education and outreach efforts. Through their mission to prepare all students to achieve excellence and positively impact their families, communities, and the world, Northwest Florida Ballet Inc plays a vital role in the cultural enrichment and educational development of its community in Fort Walton Beach, FL.




This information is meant to be a general summary of Northwest Florida 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.

Revenue
$1,107,429 (2022)
Expenses
$1,005,499 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $72
  • Program Service Revenue: $876,863
  • Gross Receipts: $1,128,142

Assets and Liabilities:

  • Total Assets: $1,697,627
  • Total Liabilities: $803,392
  • Net Assets: $894,235

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Programs

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

BALLET INSTRUCTION

Revenue

$325,699

NONTRADITIONAL EDUCATI

Revenue

$285,614

PRODUCTIONS

Revenue

$265,550

Organization Details

Founding Year

1969

Principal Officer

Todd Allen

Main Address

310 PERRY AVE SE, FORT WALTON BEACH, FL, 32548

NTEE Category

Code: A63Z - Arts

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