Overview
What is Houston Ballet Foundation?
The Houston Ballet Foundation, located at 601 Preston St, Houston, TX, 77002, is a nonprofit organization dedicated to inspiring a lasting love for dance through artistic excellence. They maintain a professional company of dancers and an orchestra that delivers captivating performances in Houston and tours nationally and internationally. The foundation covers production expenses such as performer salaries, costume costs, stage sets, theater rental, orchestra, and related expenses. Houston Ballet Foundation's mission extends beyond Houston, providing dance education through their academy. With a workforce of approximately 471 employees, they strive to deliver exquisite performances and innovative choreography.
Official website here: www.houstonballet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Houston Ballet Foundation has achieved a remarkable 97% rating on Charity Navigator, signifying its strong commitment to accountability, financial health, and community engagement. With a perfect score in Accountability & Finance, the organization demonstrates robust financial practices, including a high program expense ratio of nearly 79%. This emphasis on financial integrity, coupled with independent oversight from its board, reflects a well-managed organization dedicated to transparency.
User feedback highlights the Houston Ballet's exceptional performances and educational outreach initiatives. Reviewers express deep appreciation for the quality of instruction at the Houston Ballet Academy, as well as the enriching experiences provided through community programs. The organization's ability to engage diverse groups and foster a love for ballet among children from varying socioeconomic backgrounds is repeatedly praised, indicating a strong impact on the local arts community.
While feedback is overwhelmingly positive, some reviews mention a desire for even broader accessibility and inclusion in programming. Despite this, the overall sentiment suggests that the Houston Ballet Foundation not only excels in its artistic endeavors but also plays a vital role in nurturing the arts within the community, making it a cherished cultural institution in Houston.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Houston Ballet Foundation legitimate?
Houston Ballet Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Ballet Foundation 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: $1,957,759
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,415,722
For more financial information, click here
Official website here: www.houstonballet.org
What is the mission statement of Houston Ballet Foundation?
The Houston Ballet Foundation inspires a lasting love and appreciation for dance through artistic excellence, exhilarating performances, innovative choreography, and superior educational programs. By maintaining a company of professional dancers and an orchestra, the organization delivers captivating dance shows both locally and globally. Additionally, the foundation's academy offers comprehensive dance education for students. The mission of Houston Ballet Foundation is to captivate audiences and nurture future generations with the beauty and power of dance.
Official website here: www.houstonballet.org
Who is the CEO of Houston Ballet Foundation?
Patsy Chapman is the CEO of Houston Ballet Foundation The CEO's salary of Houston Ballet Foundation is $164,835 and their total compensation is $186,207.
Official website here: www.houstonballet.org
What is the revenue of Houston Ballet Foundation?
Houston Ballet Foundation's revenue in 2024 was $46,357,760.
Official website here: www.houstonballet.org
Who are the executives of Houston Ballet Foundation and what are their salaries?
The average compensation at Houston Ballet Foundation during 2024 was $29,101. There are 597 employees and 317 volunteers at Houston Ballet Foundation.
Here are 124 key members and their salaries (Houston Ballet Foundation's CEO's salary is $164,835 and their total compensation is $186,207):
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Official website here: www.houstonballet.org
Where can I find the form 990 for Houston Ballet Foundation?
Houston Ballet Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.houstonballet.org
Learn more at the official website: www.houstonballet.org
Mission Statement of Houston Ballet Foundation
The Houston Ballet Foundation, a renowned non-profit organization, strives to inspire a deep and lasting appreciation for dance through artistic excellence, exhilarating performances, innovative choreography, and superior educational programs. By maintaining a company of professional dancers and an orchestra, the Foundation delivers captivating performances both locally and internationally. The organization's educational arm, also known as the Academy, plays a pivotal role in providing dance education, nurturing the talents of young dancers, and fostering their passion for the art form. The Houston Ballet Foundation is committed to sharing the magic of dance with diverse audiences and igniting the spark of creativity within them.
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Impact
October, 2024
The Houston Ballet Foundation plays a significant role in enriching the cultural landscape of Houston, Texas, and beyond. By presenting exceptional dance performances featuring a company of professional dancers and live orchestras, it creates a vibrant artistic community that captivates audiences both locally and on tour across the nation and internationally.
The organization is dedicated to inspiring a lasting love and appreciation for dance through artistic excellence. Its innovative choreography and thrilling performances not only showcase the talents of dancers but also contribute to the overall artistic identity of Houston. Beyond performances, the Houston Ballet Foundation offers superb educational programs through its academy, fostering the next generation of dancers and inspiring young people to explore the art of dance.
In essence, the foundation is pivotal in promoting dance as a transformative art form, instilling joy and cultural appreciation while enhancing the quality of life in the regions it serves. Through its diverse offerings, it builds community, supports artistic expression, and elevates the status of dance as a vital part of the artistic landscape.
This information is meant to be a general summary of Houston Ballet Foundation. 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: $3,961,924
- Program Service Revenue: $15,524,628
- Gross Receipts: $94,688,159
Assets and Liabilities:
- Total Assets: $166,414,247
- Total Liabilities: $8,111,187
- Net Assets: $158,303,060
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCE INCOME
Revenue
$11,417,002
TUITION
Revenue
$3,937,210
COSTUME/SET RENTALS
Revenue
$170,416
Organization Details
Founding Year
1955
Principal Officer
Mrs Kristy J Bradshaw
Website
www.houstonballet.orgNTEE Category
Code: A630 - Arts
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