Overview
What is Ballet & Friends?
Ballet & Friends Dba Phoenix Ballet is a nonprofit organization situated in Scottsdale, Arizona, specifically at 7625 E Redfield Rd 200. Their primary objective is to inspire and foster a deep appreciation for classical ballet within the local community. This is achieved through the production of annual performances, aiming to captivate audiences and instill a love for this art form. Notably, they extend this experience to underprivileged students and U.S. veterans by offering them complimentary admission. The organization, which employs 18 individuals, is dedicated to encouraging and sharing the beauty of ballet and dance with a wide audience.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star rating.
Ballet & Friends Dba Phoenix Ballet has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 50% overall, primarily due to a lack of independent board members and missing financial statements. These factors raise questions about transparency and governance within the organization.
On a positive note, the organization demonstrated a strong program expense ratio of 100%, suggesting that all of its funds are directed towards its programs. Additionally, it has a low liabilities to assets ratio of 7.49%, which indicates a manageable level of debt. However, the absence of essential documents such as a conflict of interest policy and board meeting minutes points to serious deficiencies in operational practices.
Overall, while Ballet & Friends Dba Phoenix Ballet shows commitment to directing funds towards its programs, the lack of oversight and documentation raises red flags. Potential donors and stakeholders may want to seek further information and clarification regarding the organization’s governance and financial transparency before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Ballet & Friends legitimate?
Ballet & Friends is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballet & Friends 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,640
For more financial information, click here
What is the mission statement of Ballet & Friends?
The mission of Ballet & Friends Dba Phoenix Ballet, in essence, is to stimulate and cultivate affection and admiration for classical ballet and dance. This is accomplished through the production of annual performances, extending a generous gesture of free admission to underprivileged families and United States veterans. By regularly hosting ballet performances, the organization seeks to foster an appreciation for classical ballet within the community.
Who is the CEO of Ballet & Friends?
Sterling Mann is the Director of Ballet & Friends.
What is the revenue of Ballet & Friends?
Ballet & Friends's revenue in 2022 was $913,951.
Who are the executives of Ballet & Friends and what are their salaries?
The average compensation at Ballet & Friends during 2022 was $2,202. There are 18 employees and 127 volunteers at Ballet & Friends.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Ballet & Friends?
Ballet & Friends's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ballet & Friends
Ballet & Friends Dba Phoenix Ballet, a nonprofit organization, is dedicated to inspiring and fostering a deep love and appreciation for classical ballet and dance within the community. They accomplish this by producing annual performances and extending complimentary admission to underprivileged families and U.S. veterans. Their mission is to encourage the appreciation and instill love for classical ballet art forms, offering a unique opportunity for individuals from diverse backgrounds to experience this enchanting form of expression. By providing free admission to veterans and underprivileged families, Ballet & Friends Dba Phoenix Ballet fosters a sense of inclusion and accessibility, ensuring that everyone can enjoy the beauty and grace of ballet.
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Impact
July, 2024
Ballet & Friends Dba Phoenix Ballet, based in Scottsdale, AZ, has a significant impact on the community by actively promoting and fostering a love and appreciation for classical ballet and dance. Through regular performances, the organization aims to inspire people of all ages to connect with the beauty and artistry of ballet.
One distinctive aspect of Ballet & Friends Dba Phoenix Ballet's impact is its commitment to providing free admission to underprivileged students and U.S. veterans. By offering access to high-quality ballet performances to those who may not have the means to attend such events, the organization is helping to break down barriers and make the arts more inclusive and accessible to all.
In essence, Ballet & Friends Dba Phoenix Ballet is not just a dance company, but a vital force in the community that is enriching lives, cultivating cultural appreciation, and supporting the well-being of diverse audiences through the transformative power of classical ballet.
This information is meant to be a general summary of Ballet & Friends. 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: $897,431
- Gross Receipts: $913,951
Assets and Liabilities:
- Total Assets: $763,402
- Total Liabilities: $57,228
- Net Assets: $706,174
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BALLET PERFORMANCES
Revenue
$897,431
Organization Details
Founding Year
1989
Principal Officer
Sterling Mann
Main Address
7625 E REDFIELD RD 200, SCOTTSDALE, AZ, 85260
NTEE Category
Code: A63 - Arts
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