Overview
What is Midland Festival Ballet?
Midland Festival Ballet (MFB) is a renowned nonprofit organization based in Midland, Texas. With a strong commitment to artistic excellence, MFB serves as a beacon in the community, offering exceptional ballet training to around 200 students through its School of Midland Festival Ballet. The award-winning civic company, comprised of local dancers, delights audiences by presenting two full-length ballet productions annually, often in partnership with the Midland-Odessa Symphony and Chorale. MFB's outreach efforts extend beyond the stage, dedicating 15-25 hours weekly to education, performances, and community engagement. Their mission is to promote and present classical ballet through education, performance, and outreach, making the beauty of ballet accessible to the community. MFB's annual holiday classic, "The Nutcracker," continues to captivate audiences, featuring talents from the civic company, the school, and local dancers. Their productions are enriched by professional guest artists from renowned ballet companies such as Houston Ballet, Colorado Ballet, Milwaukee Ballet, and Dance Theatre of Harlem. In addition to their full-length productions, MFB also showcases mixed repertoire productions, like the 2022 presentation of "Aladdin and the Magic Carpet." MFB values community engagement and often collaborates with the West Texas Symphony for live accompaniment. Despite challenges, MFB remains dedicated to its mission, even missing out on their usual outreach performances for elementary school students during certain periods.
Official website here: www.midlandfestivalballet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Stars.
Midland Festival Ballet has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 92% in this category, indicating a robust commitment to transparency and responsible financial management. This high rating is based on multiple factors, including the independence of its board members and the effective oversight of its financial statements.
One of the notable strengths of Midland Festival Ballet is its fully independent board, comprising 100% independent members, which fosters objective governance. Additionally, the organization demonstrates significant financial health with a liability to assets ratio of 14.65%, and 81.80% of its expenses directed towards program services, showcasing its focus on fulfilling its mission.
The data indicates no material diversion of assets and highlights the existence of essential policies, such as conflict of interest and whistleblower protections. These aspects contribute to the organization’s reputation for accountability, although specific feedback from users or beneficiaries about program impact was not included in the assessment. Overall, Midland Festival Ballet is positioned as a financially sound nonprofit dedicated to its artistic mission.
This AI summary has been generated from information found on Charity Navigator.
Is Midland Festival Ballet legitimate?
Midland Festival Ballet is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midland Festival Ballet 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: $75,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $211,359
For more financial information, click here
Official website here: www.midlandfestivalballet.org
What is the mission statement of Midland Festival Ballet?
Midland Festival Ballet, as a 501(c)3 nonprofit entity, is dedicated to promoting and showcasing the art of classical ballet through education, performance, and outreach. The organization strives to serve as a beacon of artistic excellence in its community, offering unparalleled training to around 200 students at the School of Midland Festival Ballet and presenting two full-length ballet productions each season. The Midland Festival Ballet Civic Company, comprised of local dancers, delights audiences with their performances at the Wagner-Noel Performing Arts Center, often in collaboration with the Midland-Odessa Symphony and Chorale. The company dedicates 15-25 hours weekly to education, performances, and community outreach, bringing the beauty of ballet to various audiences through their outreach programs.
Official website here: www.midlandfestivalballet.org
Who is the CEO of Midland Festival Ballet?
Rachel Kerr Ritter is the Executive Dir. of Midland Festival Ballet.
Official website here: www.midlandfestivalballet.org
What is the revenue of Midland Festival Ballet?
Midland Festival Ballet's revenue in 2022 was $901,283.
Official website here: www.midlandfestivalballet.org
Who are the executives of Midland Festival Ballet and what are their salaries?
The average compensation at Midland Festival Ballet during 2022 was $40,956. There are 7 employees and 75 volunteers at Midland Festival Ballet.
Here are 17 key members and their salaries:
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Official website here: www.midlandfestivalballet.org
Where can I find the form 990 for Midland Festival Ballet?
Midland Festival Ballet's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.midlandfestivalballet.org
Learn more at the official website: www.midlandfestivalballet.org
Mission Statement of Midland Festival Ballet
Midland Festival Ballet, as a 501(c)3 nonprofit organization, is dedicated to promoting and presenting the art of classical ballet through education, performance, and outreach. The mission of Midland Festival Ballet is to serve as a beacon of artistic excellence within its community, offering unparalleled training to approximately 200 students through its School of Midland Festival Ballet. This esteemed institution exposes students aged 3 to adult to the beauty of ballet, guided by a professional faculty. In addition to its educational programs, Midland Festival Ballet also boasts an award-winning civic company, composed of local dancers selected by audition. This civic company delights patrons and audiences by presenting two full-length ballet productions each season, often in partnership with the Midland-Odessa Symphony and Chorale, at the Wagner-Noel Performing Arts Center. Furthermore, Midland Festival Ballet devotes significant time to community outreach, investing 15-25 hours weekly to educate, perform, and engage with its community.
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Impact
July, 2024
Midland Festival Ballet's impact is undeniable in our community, serving as a beacon of artistic excellence. With a strong legacy, Midland Festival Ballet offers unparalleled training to approximately 200 students, ranging from ages 3 through adult, exposing them to the beauty of ballet through the finest teaching by a professional faculty. The award-winning civic company, made up of local dancers selected by audition, is the only civic ballet company in the area, delighting audiences with two full-length ballet productions each season, often in partnership with the Midland-Odessa Symphony and Chorale at the Wagner-Noel Performing Arts Center.
Devoting significant hours weekly for education, performances, and community outreach, the civic company brings the beauty of ballet to the community through various initiatives. A highlight production, "The Nutcracker," continues to captivate audiences as a Permian Basin favorite, involving over 120 dancers and volunteer performers. With the support of up to 75 volunteers for production assistance, Midland Festival Ballet collaborates with professional guest artists from esteemed organizations like Houston Ballet, Colorado Ballet, Milwaukee Ballet, and Dance Theatre of Harlem to elevate their performances.
Moreover, the pre-professional company's recent production of "Aladdin and the Magic Carpet" further showcased the talent of Midland Festival Ballet, bringing a mixed repertoire production to the Wagner Noel Performing Arts Center in April 2022. This performance featured collaboration with the West Texas Symphony for live accompaniment, enriching the experience for audiences.
Through these exceptional productions, extensive community outreach, and dedication to fostering a love for ballet among students of all ages, Midland Festival Ballet has cemented its reputation as a vital cultural institution, enriching the lives of those in the Midland area and beyond.
This information is meant to be a general summary of Midland Festival Ballet. 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: $104
- Program Service Revenue: $411,437
- Gross Receipts: $901,283
Assets and Liabilities:
- Total Assets: $205,993
- Total Liabilities: $18,646
- Net Assets: $187,347
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCES
Revenue
$136,084
PRODUCTION FEES
Revenue
$50,970
PROGRAM AD & MERCHANDISE
Revenue
$36,570
TUITION
Revenue
$187,813
Organization Details
Phone
(432) 682-2653Principal Officer
Rachel Kerr Ritter
Main Address
3500 NORTH A STREET, MIDLAND, TX, 79705
NTEE Category
Code: A63Z - Arts
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