nonprofit logo

Miami Hispanic Ballet Corp

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

EIN: 650441197 ✦ Miami, FL ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Miami Hispanic Ballet Corp?

Miami Hispanic Ballet Corp is a reputable nonprofit organization located at 111 SW 5th Ave, Miami, Florida 33130. Their primary focus is on the cultural development of ballet and general dance performances. They spearhead the operations of the Miami Hispanic Cultural Arts Center and annually host the International Ballet Festival of Miami. This event invites over 20 professional ballet and contemporary dance companies to perform at various venues across Broward and Miami-Dade counties. By doing so, Miami Hispanic Ballet Corp enriches the local cultural scene and provides a platform for international dance artists to showcase their talent.


Official website here: www.miamihispanicballet.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 34%

The Miami Hispanic Ballet Corp has received a low rating of 34%, resulting in a Zero-Star out of Four Stars designation. This rating reflects significant concerns regarding accountability and financial performance. The organization has no independent board members, which raises questions about governance and oversight.

While the nonprofit has successfully implemented certain policies such as conflict of interest and whistleblower protections, it falls short in key areas like documenting board meeting minutes and posting its tax form on its website. Additionally, the organization has reported a program expense ratio of 0.00%, indicating that it may not be effectively allocating funds towards its programs and services.

Despite a few strengths in policy implementation, the overall financial health and governance issues present substantial limitations for potential donors or supporters. The lack of independent oversight and transparency in financial reporting could hinder the trust and confidence needed to attract sustained support for the organization's mission.


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

Is Miami Hispanic Ballet Corp legitimate?

Miami Hispanic Ballet Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miami Hispanic Ballet Corp 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


Official website here: www.miamihispanicballet.org

What is the mission statement of Miami Hispanic Ballet Corp?

Miami Hispanic Ballet Corp is dedicated to promoting the cultural development of ballet and general dance performances. Their mission is accomplished through the organization and management of various events, including the annual International Ballet Festival of Miami. This festival invites around 20 professional ballet and contemporary dance companies to perform at various venues in Broward and Miami-Dade counties. The organization's activities aim to showcase diverse dance styles and contribute to the enrichment of the dance community.


Official website here: www.miamihispanicballet.org

Who is the CEO of Miami Hispanic Ballet Corp?

Eriberto Jimenez is the President of Miami Hispanic Ballet Corp.


Official website here: www.miamihispanicballet.org

What is the revenue of Miami Hispanic Ballet Corp?

Miami Hispanic Ballet Corp's revenue in 2022 was $488,429.


Official website here: www.miamihispanicballet.org

Who are the executives of Miami Hispanic Ballet Corp and what are their salaries?


There is 1 key member and their salary:


Eriberto Jimenez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.miamihispanicballet.org

Where can I find the form 990 for Miami Hispanic Ballet Corp?

Miami Hispanic Ballet Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.miamihispanicballet.org

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

Mission Statement of Miami Hispanic Ballet Corp

Miami Hispanic Ballet Corp is dedicated to the cultural development of ballet and general dance performances. This nonprofit organization plays a significant role in promoting and showcasing various ballet and contemporary dance companies. One of their primary missions is to produce the annual International Ballet Festival of Miami, which attracts over 20 professional dance companies to perform at various venues across Broward and Miami-Dade counties. By hosting this festival, Miami Hispanic Ballet Corp contributes to the richness and diversity of the dance community, providing audiences with an opportunity to experience a wide range of dance styles and techniques.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Miami Hispanic Ballet Corp's impact is significant in the cultural development of ballet and general dance in Miami. Through their operations at the Miami Hispanic Cultural Arts Center and their annual production of the International Ballet Festival of Miami, the organization brings together over 20 professional ballet and contemporary companies to perform at various venues in Broward and Miami Dade counties. This not only showcases diverse talent but also enriches the local arts scene, contributing to the vibrant cultural landscape of the region. Their dedication to promoting dance and performances plays a crucial role in fostering appreciation for the arts and bringing communities together through the universal language of dance.




This information is meant to be a general summary of Miami Hispanic Ballet Corp. 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
$488,429 (2022)
Expenses
$557,104 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $488,429

Assets and Liabilities:

  • Total Assets: $1,902,186
  • Total Liabilities: $8,457
  • Net Assets: $1,893,729

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

BALLET PERFORMANCES

Organization Details

Founding Year

1993

Principal Officer

Eriberto Jimenez

Main Address

111 SW 5TH AVE, Miami, FL, 33130

NTEE Category

Code: A63Z - Arts

If you are a representative of Miami Hispanic Ballet Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.