Overview
What is Odyssey Dance Theatre?
Odyssey Dance Theatre is a distinguished nonprofit organization, situated in Utah. Their primary objective is to champion dance as an art form, while simultaneously offering employment opportunities to the region's skilled dancers. The company prides itself on delivering top-notch entertainment and artistic expression through theatrical dance performances. Furthermore, Odyssey Dance Theatre is committed to maintaining financial responsibility and operating debt-free. Their mission encompasses both artistic growth and fiscal accountability, thereby contributing positively to the dance community in Utah.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Odyssey Dance Theatre has earned a strong rating of 94% from Charity Navigator, reflecting its commitment to accountability and financial health. The organization scores full marks in several key areas, including having an entirely independent board of directors and comprehensive financial audits. This level of oversight suggests a robust governance structure and adherence to best practices in nonprofit management.
The organization showcases a healthy financial profile, with a program expense ratio of 88.20%, indicating that a significant majority of its budget is directed toward its mission-related activities rather than administrative costs. Additionally, the charity has demonstrated effective policies in place regarding conflicts of interest and whistleblower protections, further enhancing its credibility and transparency.
While the rating provides an excellent overview of the organization’s financial practices and governance, further qualitative feedback from program participants or community impact could provide a more rounded assessment of its effectiveness in fulfilling its mission. Nonetheless, the current data strongly positions Odyssey Dance Theatre as a reliable and responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Odyssey Dance Theatre legitimate?
Odyssey Dance Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Odyssey Dance Theatre 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: $23,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $284,815
For more financial information, click here
What is the mission statement of Odyssey Dance Theatre?
Odyssey Dance Theatre's mission is centered around promoting dance as an art form. As a professional dance company, their objective is to deliver high-quality entertainment and artistic excellence. They aim to provide employment opportunities for talented dancers residing in the region. Additionally, they prioritize fiscal responsibility and strive to maintain a debt-free status.
Who is the CEO of Odyssey Dance Theatre?
Derryl Yeager is the Director of Odyssey Dance Theatre.
What is the revenue of Odyssey Dance Theatre?
Odyssey Dance Theatre's revenue in 2023 was $1,395,964.
Who are the executives of Odyssey Dance Theatre and what are their salaries?
The average compensation at Odyssey Dance Theatre during 2023 was $2,828. There are 109 employees at Odyssey Dance Theatre.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Odyssey Dance Theatre?
Odyssey Dance Theatre's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Odyssey Dance Theatre
Odyssey Dance Theatre, as a distinguished dance company, is committed to promoting dance as an art form. Their primary mission is threefold: firstly, to deliver top-notch entertainment and artistic brilliance through the medium of theatrical dance. Secondly, they strive to provide employment opportunities for Utah's talented dancers. Lastly, they prioritize financial responsibility, aiming to operate without debt. This mission allows Odyssey Dance Theatre to uphold its reputation for quality and artistic excellence while supporting the local dance community.
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Impact
July, 2024
Odyssey Dance Theatre has had a significant impact by promoting dance as an art form and providing quality entertainment and artistic excellence in theatrical dance. By employing Utah's talented dancers and maintaining fiscal responsibility to stay debt-free, the company contributes to the cultural richness of Salt Lake City and the state of Utah. Through their mission to provide top-notch performances and support the local dance community, Odyssey Dance Theatre plays a vital role in showcasing the beauty and artistry of dance to audiences in their region.
This information is meant to be a general summary of Odyssey Dance Theatre. 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 2023.
- Investment Income: $5,757
- Program Service Revenue: $1,305,969
- Gross Receipts: $1,395,964
Assets and Liabilities:
- Total Assets: $1,046,803
- Total Liabilities: $99,324
- Net Assets: $947,479
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCE FEES
Revenue
$156,951
ADMISSIONS & TOUR FEES
Revenue
$1,149,018
Organization Details
Founding Year
1993
Principal Officer
Derryl Yeager
Main Address
CO R CUTLER 3335 SO 900 E 180, Salt Lake City, UT, 84106
NTEE Category
Code: A33Z - Arts
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