Overview
What is Areyto Ballet Folklorico Nacional De Pr Inc?
Areyto Ballet Folklorico Nacional de Pr Inc is a nonprofit organization that plays a significant role in preserving and propagating Puerto Rican culture. By utilizing live music and dance performances, they foster appreciation for their heritage both within Puerto Rico and internationally. Their mission is multifaceted, involving the promotion and celebration of Puerto Rican traditions through artistic expressions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (55%)
Areyto Ballet Folklorico Nacional De Pr Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored only 55% overall, with particular emphasis on governance issues, such as a lack of independent board members, which could affect its decision-making and transparency.
Strengths noted include the absence of any material diversion of assets, a favorable liabilities to assets ratio of 15.99%, and the presence of comprehensive policies, such as conflict of interest and whistleblower protocols. However, the charity's weaknesses are pronounced, particularly in the area of board independence and the availability of key financial documents, which were not listed on its website.
Overall, the low rating reflects the need for Areyto Ballet Folklorico Nacional De Pr Inc to improve its governance structure and transparency to foster greater trust among donors and stakeholders. Increasing the independence of its board and ensuring the accessibility of its financial documents could significantly enhance its standing in the nonprofit community.
This AI summary has been generated from information found on Charity Navigator.
Is Areyto Ballet Folklorico Nacional De Pr Inc legitimate?
Areyto Ballet Folklorico Nacional De Pr Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Areyto Ballet Folklorico Nacional De Pr Inc submitted a form 990EZ, 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.
What is the mission statement of Areyto Ballet Folklorico Nacional De Pr Inc?
Areyto Ballet Folklorico Nacional de PR's mission is focused on preserving and showcasing the rich cultural heritage of Puerto Rico. They accomplish this by utilizing live music and traditional dances, engaging both local and international audiences. By promoting their cultural art forms, they aim to foster a deeper understanding and appreciation for Puerto Rican culture beyond its borders.
Who is the CEO of Areyto Ballet Folklorico Nacional De Pr Inc?
Estela Ortiz Aguilu is the President of Areyto Ballet Folklorico Nacional De Pr Inc.
What is the revenue of Areyto Ballet Folklorico Nacional De Pr Inc?
Areyto Ballet Folklorico Nacional De Pr Inc's revenue in 2022 was $103,176.
Who are the executives of Areyto Ballet Folklorico Nacional De Pr Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Areyto Ballet Folklorico Nacional De Pr Inc?
Areyto Ballet Folklorico Nacional De Pr Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Areyto Ballet Folklorico Nacional De Pr Inc
Areyto Ballet Folklorico Nacional de PR is committed to preserving and celebrating Puerto Rican culture through the mediums of live music and dance. This nonprofit organization strives to promote its rich heritage both within and beyond Puerto Rico's borders. By showcasing traditional Puerto Rican dances and music, Areyto Ballet Folklorico Nacional de PR seeks to keep the essence of Puerto Rican culture alive and thriving. This mission is carried out through various performances, both locally and internationally, which serve to educate and entertain audiences about the unique and vibrant culture of Puerto Rico.
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Impact
October, 2024
Areyto Ballet Folklorico Nacional de PR Inc significantly impacts the preservation and promotion of Puerto Rican culture through its vibrant performances of traditional music and dance. By actively showcasing the island's artistic heritage, the organization fosters a deeper understanding and appreciation of Puerto Rican customs, history, and identity. Its live shows, both locally in Cataño and beyond, serve as a cultural bridge, connecting audiences to the rich narrative of Puerto Rico. This not only helps to educate and inspire new generations but also strengthens community ties and enhances cultural pride among Puerto Ricans. By maintaining the essence of Puerto Rican folklore, Areyto Ballet Folklorico Nacional de PR plays a crucial role in ensuring that this cultural legacy is passed down and celebrated.
This information is meant to be a general summary of Areyto Ballet Folklorico Nacional De Pr 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.
- Program Service Revenue: $15,536
- Gross Receipts: $103,355
Assets and Liabilities:
- Total Assets: $85,012
- Total Liabilities: $6,855
- Net Assets: $78,157
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Organization Details
Phone
(787) 423-9669Principal Officer
Estela Ortiz Aguilu
Main Address
MARINA BAHIA MG-22 AVE LA MARINA, Catano, PR, 00962
NTEE Category
Code: A60 - Arts
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