Overview
What is Mobile Ballet Inc?
Mobile Ballet Inc, located in Mobile, Alabama, is a nonprofit organization dedicated to the realm of ballet. With a team of 23 individuals, they strive to provide exceptional dance education and present engaging performances to the community. Their mission transcends beyond mere entertainment, viewing ballet as an expression of human spirit. Specifically, they conduct annual fall and spring performances, along with six Nutcracker performances annually. These events cater to approximately 10,000 guests, including the general public, school groups, and underprivileged communities who may not otherwise have the opportunity to attend such performances.
Official website here: www.mobileballet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Mobile Ballet Inc has received an 80% rating from Charity Navigator, which highlights its commitment to accountability and financial health. With a strong focus on governance, the organization boasts a fully independent board of members and has demonstrated no material diversion of assets, indicating solid financial management practices.
The nonprofit excels in transparency, having policies for conflict of interest, whistleblower protection, and document retention. Additionally, the organization effectively reports its financials, with a program expense ratio of 85.52%, showing that a significant portion of its funds are directed toward its mission-related programs.
While the overall rating is positive, the relatively high liabilities to assets ratio at 50.80% suggests that the organization may have some financial obligations that could impact its sustainability. However, the strong scores in other areas reflect a well-governed organization that prioritizes its mission and accountability to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mobile Ballet Inc legitimate?
Mobile Ballet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mobile 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $367,827
For more financial information, click here
Official website here: www.mobileballet.org
What is the mission statement of Mobile Ballet Inc?
Mobile Ballet Inc's mission is centered around providing top-notch dance education and presenting high-quality ballet performances. Their goal also includes promoting the ballet as a medium to express human spirit within the community. To accomplish this, they conduct several performances throughout the year, including a fall performance, six Nutcracker performances, and three spring performances. These performances cater to a wide audience, including the general public, school groups, and others who might not normally have the opportunity to attend such events.
Official website here: www.mobileballet.org
Who is the CEO of Mobile Ballet Inc?
Ashley L Jones is the President of Mobile Ballet Inc.
Official website here: www.mobileballet.org
What is the revenue of Mobile Ballet Inc?
Mobile Ballet Inc's revenue in 2022 was $1,299,910.
Official website here: www.mobileballet.org
Who are the executives of Mobile Ballet Inc and what are their salaries?
The average compensation at Mobile Ballet Inc during 2022 was $15,992. There are 23 employees and 95 volunteers at Mobile Ballet Inc.
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Official website here: www.mobileballet.org
Where can I find the form 990 for Mobile Ballet Inc?
Mobile Ballet Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mobileballet.org
Learn more at the official website: www.mobileballet.org
Mission Statement of Mobile Ballet Inc
Mobile Ballet Inc, a renowned organization, is dedicated to offering superior dance education and presenting high-quality ballet performances. Their mission is threefold: firstly, to provide comprehensive dance training, enabling individuals to hone their skills in ballet. Secondly, they aim to showcase these honed talents through the presentation of captivating performances. Lastly, Mobile Ballet Inc seeks to promote ballet as an expression of the human spirit, making it accessible to a wide audience.
Engaging with the community is a significant part of Mobile Ballet Inc's endeavors. They conduct various performances throughout the year, including a fall performance, six Nutcracker performances, and three spring performances. These events attract approximately 10,000 guests, including members of the general public, school groups, and other groups that might not otherwise have the opportunity to attend such performances. By doing so, Mobile Ballet Inc not only offers a platform for performers to showcase their talents but also introduces the beauty of ballet to a diverse audience, thereby fostering a deeper appreciation for this art form as an embodiment of the human spirit.
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Impact
July, 2024
Mobile Ballet Inc plays a significant role in providing superior dance education, presenting quality performances, and promoting ballet as an expression of the human spirit in Mobile, Alabama. Through their activities, such as fall performances, Nutcracker performances, and spring performances, they engage approximately 10,000 guests, including members of the general public, school groups, and other community members who may not have had the opportunity to experience ballet otherwise. This impact extends beyond just entertainment, enriching the community's cultural landscape and offering educational opportunities in the arts.
This information is meant to be a general summary of Mobile 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 2022.
- Investment Income: $1,962
- Program Service Revenue: $738,684
- Gross Receipts: $1,327,900
Assets and Liabilities:
- Total Assets: $927,461
- Total Liabilities: $244,948
- Net Assets: $682,513
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AMATEUR BALLET CLASSES
Revenue
$383,164
PROFESSIONAL BALLET PR
Revenue
$338,320
OTHER PROGRAM SERVICES
Revenue
$17,200
Organization Details
Founding Year
1989
Phone
(251) 342-2241Principal Officer
Ashley L Jones
Main Address
4351 DOWNTOWNER LOOP N, MOBILE, AL, 36609
Website
www.mobileballet.orgNTEE Category
Code: A63 - Arts
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