Overview
What is Florida Ballet At Jacksonville Inc?
Florida Ballet At Jacksonville Inc, also known as The Florida Ballet, is a nonprofit organization located at 10131 Atlantic Blvd, Jacksonville, Florida 32225. Their mission is to enrich and inspire the cultural landscape of their community by means of classical ballet education and performances. Specifically, they provide professional ballet instruction to middle and high school students, and showcase performances that feature local talent. The nonprofit organization has a dedicated workforce of 15 individuals.
Official website here: www.floridaballet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The Florida Ballet At Jacksonville Inc has received a Two-Star out of Four Star rating, with an overall score of 66%. This rating reflects concerns regarding the organization's accountability and financial transparency, despite strengths in other areas.
The organization boasts a fully independent board, which is a positive aspect, scoring 100% in that category. Additionally, it has a high program expense ratio of 91.14%, indicating that a significant portion of its expenses is directed towards its mission-related activities. Policies concerning conflict of interest, whistleblower protections, and document retention are well-established and documented, ensuring some level of governance and oversight.
However, the nonprofit faces critical challenges, particularly in its financial reporting, where it scored zero points due to the absence of financial statements. The liabilities to assets ratio is also concerning, standing at 77.40%, which indicates potential financial instability. Overall, while the organization demonstrates commitment to governance and program spending, it needs to improve its financial transparency to enhance its rating and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Ballet At Jacksonville Inc legitimate?
Florida Ballet At Jacksonville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Ballet At Jacksonville 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: $139,966
For more financial information, click here
Official website here: www.floridaballet.org
What is the mission statement of Florida Ballet At Jacksonville Inc?
The Florida Ballet at Jacksonville Inc. is committed to enriching and inspiring the cultural landscape of its community through the education and art of classical ballet. This mission is carried out by providing professional ballet instruction to middle and high school students, and offering professional ballet performances that often include local students as well.
Official website here: www.floridaballet.org
What is the revenue of Florida Ballet At Jacksonville Inc?
Florida Ballet At Jacksonville Inc's revenue in 2024 was $1,596,491.
Official website here: www.floridaballet.org
Who are the executives of Florida Ballet At Jacksonville Inc and what are their salaries?
The average compensation at Florida Ballet At Jacksonville Inc during 2024 was $5,832. There are 24 employees at Florida Ballet At Jacksonville Inc.
Here are 13 key members and their salaries:
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Official website here: www.floridaballet.org
Where can I find the form 990 for Florida Ballet At Jacksonville Inc?
Florida Ballet At Jacksonville Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.floridaballet.org
Learn more at the official website: www.floridaballet.org
Mission Statement of Florida Ballet At Jacksonville Inc
Florida Ballet At Jacksonville Inc is committed to enriching and inspiring its community's cultural landscape. It achieves this mission by leveraging the educational and artistic aspects of classical ballet. The nonprofit organization's primary focus is on providing professional ballet instruction to middle and high school students, nurturing talent and fostering a love for dance. Furthermore, Florida Ballet At Jacksonville Inc organizes professional ballet performances that often feature local students, contributing to the community's cultural events and engaging a wider audience with the captivating art of ballet.
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Impact
July, 2024
The impact of Florida Ballet At Jacksonville Inc is seen in its enrichment and inspiration of the cultural landscape of the Jacksonville community through the education and art of classical ballet. By providing professional ballet instruction to middle and high school students and showcasing professional ballet performances that include local students, the organization contributes to the artistic development and exposure of young talent in the area. Through its mission, the Florida Ballet At Jacksonville Inc plays a vital role in nurturing a passion for ballet within the community and fostering a deeper appreciation for the arts.
This information is meant to be a general summary of Florida Ballet At Jacksonville 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 2024.
- Investment Income: $144
- Program Service Revenue: $808,482
- Gross Receipts: $1,598,992
Assets and Liabilities:
- Total Assets: $1,736,477
- Total Liabilities: $1,370,000
- Net Assets: $366,477
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING CENTER REVENUE
Revenue
$399,807
NUTCRACKER/DRACULA REVENUE
Revenue
$323,153
BUILDING 1
Revenue
$51,805
STUDIO COMPANY
Revenue
$33,717
Organization Details
Founding Year
1978
Principal Officer
Jacob Bryan
Website
www.floridaballet.orgNTEE Category
Code: A63 - Arts
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