Overview
What is Ballet Repertory Theatre Of New Mexico?
Ballet Repertory Theatre of New Mexico, situated in Albuquerque, New Mexico, is a distinguished nonprofit organization devoted to enriching the local cultural arts scene. By serving as both a performance company and an academy, they strive to expand the horizon of dance in their community. Their mission is centered on fostering a vibrant dance culture, which they achieve by presenting captivating performances and nurturing young dancers through their academic programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%
Ballet Repertory Theatre of New Mexico has received a rating of 73%, which categorizes it as a Two-Star out of Four Stars nonprofit. This score reflects a decent level of accountability and financial health, suggesting that the organization manages its resources responsibly and maintains transparency in its operations.
The organization demonstrates strong governance with 83% of its board members being independent and a well-structured board size of five independent members. Furthermore, there are no recorded material diversions of assets, and the organization successfully documents its board meeting minutes. The program expense ratio is also commendable at 79.84%, indicating a significant portion of funds is directed toward its primary mission.
However, while the financial metrics are solid, the overall rating of 73% suggests that there may be areas for further improvement. Stakeholders should consider this rating when evaluating the nonprofit's effectiveness and sustainability in their operations.
This AI summary has been generated from information found on Charity Navigator.
Is Ballet Repertory Theatre Of New Mexico legitimate?
Ballet Repertory Theatre Of New Mexico is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballet Repertory Theatre Of New Mexico 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ballet Repertory Theatre Of New Mexico?
The Ballet Repertory Theatre of New Mexico aims to contribute to the cultural arts community by operating as both a dance performance company and an academy. Their mission is to enrich this field through the art of dance, promoting its growth and reach. By presenting performances and offering dance education, they strive to engage and inspire a broader audience, fostering a deeper appreciation for dance as an artistic medium.
Who is the CEO of Ballet Repertory Theatre Of New Mexico?
Ling Faith-Heuertz is the Executive & Artist Director of Ballet Repertory Theatre Of New Mexico.
What is the revenue of Ballet Repertory Theatre Of New Mexico?
Ballet Repertory Theatre Of New Mexico's revenue in 2022 was $154,735.
Who are the executives of Ballet Repertory Theatre Of New Mexico and what are their salaries?
The average compensation at Ballet Repertory Theatre Of New Mexico during 2022 was $30,000. There is 1 employee and 55 volunteers at Ballet Repertory Theatre Of New Mexico.
Here are 6 key members and their salaries:
- Compensation: $30,000
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ballet Repertory Theatre Of New Mexico?
Ballet Repertory Theatre Of New Mexico's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ballet Repertory Theatre Of New Mexico
Ballet Repertory Theatre of New Mexico, a notable dance organization, is committed to enriching the cultural arts community through its dual roles as a performance company and an academy. Their mission is to elevate the art of dance and contribute to the community's artistic landscape in a significant manner. By offering both professional performances and educational opportunities, this ballet company strives to engage and inspire a wide range of individuals, fostering a deeper appreciation for dance as an art form.
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Impact
October, 2024
Ballet Repertory Theatre Of New Mexico plays a crucial role in enhancing the cultural arts community through its dedicated ballet performances and educational programs. By showcasing a diverse repertoire of dance, the company not only entertains but also educates audiences about the art form, fostering a deeper appreciation for ballet.
The dance academy associated with the theatre provides invaluable training for aspiring dancers, ensuring the continuation of the art form in the region. This commitment to nurturing talent helps to cultivate a new generation of performers and contributes to the overall vibrancy of Albuquerque's cultural scene. Through performances and educational initiatives, Ballet Repertory Theatre Of New Mexico strengthens community ties and enriches the local arts landscape, making significant contributions to the cultural fabric of the area.
This information is meant to be a general summary of Ballet Repertory Theatre Of New Mexico. 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: $19
- Program Service Revenue: $112,257
- Gross Receipts: $158,053
Assets and Liabilities:
- Total Assets: $606,392
- Total Liabilities: $124,610
- Net Assets: $481,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Dance Academy Teaching
Revenue
$95,735
Dance Performances
Revenue
$16,522
Organization Details
Founding Year
1989
Phone
(505) 888-1054Principal Officer
Ling Faith-Heuertz
Main Address
6913 Natalie Ave NE, Albuquerque, NM, 87110
NTEE Category
Code: A63Z - Arts
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