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Producciones Ballet Teatro Inc

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

EIN: 660761832 ✦ San juan, PR ✦ Designated as a 501(c)(3)

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Overview

What is Producciones Ballet Teatro Inc?

Producciones Ballet Teatro Inc, situated in San Juan, Puerto Rico, is a nonprofit organization that specializes in dance instruction. Their primary focus is on nurturing classical ballet skills in individuals aged 4 and above. They foster an appreciation for the art of ballet, recognizing the physical benefits that come with such intense training. To monitor progress, they conduct regular assessments and assign individuals to suitable levels of education. Moreover, Producciones Ballet Teatro Inc offers performance opportunities for local and international professional dancers.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 65%, earning a Two-Star out of Four Star rating.

Producciones Ballet Teatro Inc demonstrates strong governance and accountability with a fully independent board and solid management of program expenses, achieving an impressive program expense ratio of 88.85%. However, their overall rating reflects significant weaknesses in financial transparency, as evidenced by missing policies for whistleblower protection and document retention, as well as a lack of publicly accessible tax documents on their website.

While the organization excels in certain areas, the absence of critical compliance documents suggests potential vulnerabilities in financial management practices. Stakeholders may want to consider these factors when evaluating the organization's overall effectiveness and commitment to transparency. Overall, Producciones Ballet Teatro Inc shows promise in program execution but needs to address its transparency issues to enhance its credibility.


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

Is Producciones Ballet Teatro Inc legitimate?

Producciones Ballet Teatro Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Producciones Ballet Teatro 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: $0

For more financial information, click here

What is the mission statement of Producciones Ballet Teatro Inc?

Producciones Ballet Teatro Inc's mission is centered around fostering classical ballet skills in individuals, regardless of their age starting from 4 years old. The organization also offers performance opportunities to professional dancers, both locally and internationally. By providing dance instruction, they aim to promote the appreciation of ballet and the physical benefits derived from intense training. Regular assessments are conducted to evaluate progress, and individuals are then placed in appropriate educational levels.

Who is the CEO of Producciones Ballet Teatro Inc?

Jose Rodriguez is the President of Producciones Ballet Teatro Inc.

What is the revenue of Producciones Ballet Teatro Inc?

Producciones Ballet Teatro Inc's revenue in 2022 was $17,739.

Who are the executives of Producciones Ballet Teatro Inc and what are their salaries?

There 5 volunteers at Producciones Ballet Teatro Inc.


Here are 5 key members and their salaries:


Jose Rodriguez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucas Ramos (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Rodriguez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luz V Perez (Board Vocal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Rodriguez Padilla (Board Vocal Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Producciones Ballet Teatro Inc?

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

Mission Statement of Producciones Ballet Teatro Inc

Producciones Ballet Teatro Inc, a nonprofit organization, is committed to nurturing classical ballet skills in individuals and offering performance opportunities to professional dancers, both locally and internationally. Their mission is twofold: firstly, they aim to enhance the ballet abilities of individuals aged four and above. This involves providing dance instruction and assessing their progress, ensuring they are placed in the appropriate level of education. Secondly, the organization seeks to promote the appreciation of ballet as an art form and the physical benefits derived from such intense training. Through their activities, Producciones Ballet Teatro Inc strives to develop not just the technical skills of their students but also their passion and understanding for this timeless art form.

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Impact




October, 2024

Producciones Ballet Teatro Inc significantly impacts the local and broader community by nurturing talent and promoting the art of classical ballet. Through comprehensive dance instruction for individuals aged four and up, the organization enhances ballet skills, fostering a deep appreciation for this exquisite form of art.

The structured programs ensure that individuals are assessed for their progress and appropriately placed within educational levels, allowing for personalized development tailored to each dancer's needs. This approach not only helps in mastering technical aspects of ballet but also contributes to physical conditioning and overall well-being.

By providing performance opportunities for professional dancers both locally and internationally, Producciones Ballet Teatro Inc enriches the cultural landscape of San Juan and beyond. Their efforts elevate the standard of ballet in the region, support artists in their professional journeys, and engage audiences in the beauty and discipline of dance. Through its activities, the organization cultivates a vibrant community that values and celebrates the transformative power of ballet.




This information is meant to be a general summary of Producciones Ballet Teatro 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
$17,739 (2022)
Expenses
$27,739 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $17,739
  • Gross Receipts: $17,739

Assets and Liabilities:

  • Total Assets: $8,548
  • Total Liabilities: $40,000
  • Net Assets: -$31,452

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Organization Details

Founding Year

2011

Principal Officer

Jose Rodriguez

Main Address

PO BOX 361936, SAN JUAN, PR, 00936

NTEE Category

Code: A63 - Arts

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