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Montana Ballet Company

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

EIN: 810420475 ✦ Bozeman, MT ✦ Designated as a 501(c)(3)

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Overview

What is Montana Ballet Company?

The Montana Ballet Company, located in Bozeman, Montana, serves as a nonprofit organization dedicated to showcasing top-notch dance performances, offering professional dance education, and training opportunities for children. Moreover, they extend their reach to under-resourced communities by providing educational outreach programs. This organization aims to make dance, which is typically scarce in small Western towns, more accessible to the local population in and around Bozeman, Montana. With a team of 13 dedicated individuals, the Montana Ballet Company is committed to enriching the local arts scene and nurturing young talent in dance.


Official website here: www.montanaballet.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Stars

The Montana Ballet Company has earned a Three-Star rating from Charity Navigator, indicating a solid performance, particularly in accountability and finance. This score reflects a strong commitment to transparency, with an impressive 100% of its board members being independent. Their financial practices, including a low liabilities to assets ratio of 6.27% and a program expense ratio of 84.24%, suggest effective management of resources towards their mission.

Strengths highlighted in the evaluation include a comprehensive conflict of interest policy and a whistleblower policy, both of which contribute to organizational integrity. The company also demonstrates good governance by documenting board meeting minutes and having their website readily accessible for information. These factors reinforce the organization's commitment to accountability and responsible operation.

Despite these strengths, the overall rating is primarily based on the accountability and finance beacon, which indicates a need for potential improvement in other areas such as programmatic effectiveness and community impact assessment. This focus suggests that while the financial health of the organization is robust, there may be opportunities to enhance its overall effectiveness and reach.


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

Is Montana Ballet Company legitimate?

Montana Ballet Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana 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: $85,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $138,657

For more financial information, click here


Official website here: www.montanaballet.com

What is the mission statement of Montana Ballet Company?

The Montana Ballet Company's mission is centered around presenting high-quality dance performances, offering professional dance training opportunities for children, and providing educational outreach programs to underserved communities. This organization strives to bring dance, a form of art often lacking in smaller Western towns, to Bozeman and its surroundings. By doing so, it aims to make dance more accessible to a wider audience.


Official website here: www.montanaballet.com

Who is the CEO of Montana Ballet Company?

Margaret Perryman is the Executive Dir. of Montana Ballet Company.


Official website here: www.montanaballet.com

What is the revenue of Montana Ballet Company?

Montana Ballet Company's revenue in 2022 was $598,352.


Official website here: www.montanaballet.com

Who are the executives of Montana Ballet Company and what are their salaries?

The average compensation at Montana Ballet Company during 2022 was $17,273. There are 13 employees and 100 volunteers at Montana Ballet Company.


Here are 7 key members and their salaries:


Elizabeth Defanti (Executive Dir.)
  • Compensation: $85,896
  • Related: $0
  • Other: $0
Margaret Perryman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Milligan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Murphrey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Stanley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Steinmuller (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.montanaballet.com

Where can I find the form 990 for Montana Ballet Company?

Montana Ballet Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.montanaballet.com

Learn more at the official website: www.montanaballet.com

Mission Statement of Montana Ballet Company

Montana Ballet Company, a distinguished organization, is committed to its primary mission. This mission encompasses three key aspects. Firstly, the company aims to present high-quality dance performances, showcasing a level of artistry that is rarely accessible in small Western towns. Secondly, they offer professional dance training opportunities for children, nurturing young talents and fostering a love for dance. Lastly, Montana Ballet Company extends its reach to under-served communities through educational outreach programs. By doing so, they make dance more accessible, enriching the lives of those who might not otherwise have the opportunity to experience it.

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Impact




July, 2024

The Montana Ballet Company's impact is felt through its commitment to presenting high-quality dance performances, offering professional dance training for children, and conducting educational outreach programs for under-served communities. By providing access to dance opportunities that are not typically available in small Western towns like Bozeman, Montana, the company enriches the cultural landscape and fosters a love for the arts in the region. Through its work, the Montana Ballet Company nurtures talent, promotes creativity, and inspires individuals of all ages to appreciate the beauty and expression of dance.




This information is meant to be a general summary of Montana 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.

Revenue
$598,352 (2022)
Expenses
$548,809 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32
  • Program Service Revenue: $456,893
  • Gross Receipts: $622,256

Assets and Liabilities:

  • Total Assets: $400,116
  • Total Liabilities: $29,940
  • Net Assets: $370,176

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Public Performance

Revenue

$277,843

Studio Rental

Revenue

$8,280

Tuition/Education

Revenue

$170,770

Organization Details

Founding Year

1983

Principal Officer

Margaret Perryman

Main Address

2304 N 7th Ave C3, Bozeman, MT, 59715

NTEE Category

Code: A63 - Arts

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