Overview
What is Ventura County Ballet Company?
The Ventura County Ballet Company, situated in Ventura, California, is a renowned nonprofit organization. Their primary mission is to deliver top-notch ballet performances, captivating and entertaining audiences, yet their ultimate goal is to offer invaluable learning experiences to students in the realm of professional ballet production and performance. Over the years, their members have garnered acceptance and scholarships to prestigious universities, such as Butler University, University of Indiana, and the University of California in Irvine, Santa Barbara, and Los Angeles. Moreover, numerous dancers have advanced to renowned international ballet companies, including Stuttgart Ballet, Royal Danish Ballet, and Monte Carlo Ballet. The company's address is 505 POLI STREET 402, Ventura, CA 93001.
Official website here: www.balletacademyventura.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The Ventura County Ballet Company has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. With an overall score of 53%, the organization struggles primarily with governance aspects, as it has no independent board members and lacks several essential policies such as those related to conflict of interest and whistleblowing.
On a positive note, the ballet company demonstrates a strong commitment to its mission, as reflected in its high program expense ratio of 83.40%. This means that a substantial portion of its expenditures is directed towards its programs, which is a favorable indicator of its operational focus. Additionally, the organization has not reported any material diversion of assets, further showcasing financial integrity in that area.
However, the absence of independent board members and crucial governance policies raises red flags about its leadership and operational transparency. The lack of documentation for board meeting minutes and failure to post its tax forms on the website point to potential weaknesses in organizational practices that could impact stakeholder trust and engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Ventura County Ballet Company legitimate?
Ventura County Ballet Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ventura County Ballet Company 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: $5,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.balletacademyventura.com
What is the mission statement of Ventura County Ballet Company?
The Ventura County Ballet Company's mission is centered around producing top-notch ballet performances, aiming to captivate and entertain audiences. However, their primary focus lies in providing valuable experiential learning opportunities for students in the realm of professional ballet production and performance. The company's members have secured placements and scholarships in renowned university programs and have gone on to join prestigious international ballet companies.
Official website here: www.balletacademyventura.com
Who is the CEO of Ventura County Ballet Company?
Cheryl Sills is the Secretary of Ventura County Ballet Company. The CEO's salary of Ventura County Ballet Company is $0 and their total compensation is $0.
Official website here: www.balletacademyventura.com
What is the revenue of Ventura County Ballet Company?
Ventura County Ballet Company's revenue in 2022 was $109,251.
Official website here: www.balletacademyventura.com
Who are the executives of Ventura County Ballet Company and what are their salaries?
Here are 3 key members and their salaries (Ventura County Ballet Company's CEO's salary is $0 and their total compensation is $0):
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.balletacademyventura.com
Where can I find the form 990 for Ventura County Ballet Company?
Ventura County Ballet Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.balletacademyventura.com
Learn more at the official website: www.balletacademyventura.com
Mission Statement of Ventura County Ballet Company
The Ventura County Ballet Company, in its mission, strives to deliver exceptional ballet performances that captivate and enthrall audiences. However, its primary focus is not solely on audience pleasure. The company is equally committed to offering its students a valuable experience in the realm of professional ballet production and performance. By providing this platform, it aims to nurture talent and prepare individuals for potential opportunities in esteemed ballet companies worldwide, such as Stuttgart Ballet, Royal Danish Ballet, and Monte Carlo Ballet.
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Impact
October, 2024
The Ventura County Ballet Company has a profound impact on both the local community and aspiring dancers. Through its commitment to producing high-caliber ballet performances, the company not only delights and thrills audiences but significantly enriches the educational experiences of its students. Members gain invaluable insights into the world of professional ballet, preparing them for future opportunities in the industry.
The success of its dancers is a testament to this dedication, with many receiving acceptance and scholarships to prestigious university programs, including Butler University, University of Indiana, and the University of California campuses. Additionally, several alumni have progressed to perform with notable international ballet companies such as Stuttgart Ballet, Royal Danish Ballet, and Monte Carlo Ballet.
By combining artistic excellence with a focus on educational opportunity, the Ventura County Ballet Company builds a vibrant artistic community that fosters the growth of young talent while captivating audiences with outstanding performances.
This information is meant to be a general summary of Ventura County Ballet Company. 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: $68,518
- Gross Receipts: $110,190
Assets and Liabilities:
- Total Assets: $95,677
- Total Liabilities: -$1,757
- Net Assets: $97,434
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES/PERFORM FEES
Revenue
$68,518
Organization Details
Phone
(805) 612-4499Principal Officer
Cheryl Sills
Main Address
505 POLI STREET 402, VENTURA, CA, 93001
Website
www.balletacademyventura.comNTEE Category
Code: A63 - Arts
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