Overview
What is A V A Ballet Theatre?
A V A Ballet Theatre is a nonprofit organization based in Reno, Nevada, with a single employee. Despite the challenges posed by the COVID-19 pandemic, the company successfully produced a 2022 ballet season, achieving financial success with approximately 2,000 attendees for performances like Beauty and the Beast. The organization is renowned for its consistent use of a live orchestra, a unique feature among Nevada's ballet companies. To cover the production costs of free events like the rock ballet Vortex, ticket sales from classical performances and grants are utilized. Notable performances include Swan Lake, featuring a guest artist from Ballet West, and The Nutcracker, which broke sales records with over 6,000 attendees. A.V.A. Ballet Theatre's mission involves providing high-quality performances and fostering education in ballet and the arts for children, teens, and adults in the community. The company also extends philanthropic efforts, offering ballet tickets to underprivileged families.
Official website here: www.avaballet.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
A V A Ballet Theatre has earned an 83% rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization showcases a majority of independent board members and has a solid board size, contributing positively to its governance structure. With a program expense ratio of 90.17%, the majority of its resources are directed towards its programs, indicating a commitment to its mission.
However, there are notable areas for improvement. The organization lacks a whistleblower policy and a document retention and destruction policy, which are key components of strong governance practices. While it has demonstrated good accountability through its financial metrics and policies, addressing these missing elements could enhance transparency and trust among stakeholders.
Overall, A V A Ballet Theatre's strong financial management and commitment to its programs position it as a reliable nonprofit, though it would benefit from bolstering its governance policies to ensure comprehensive accountability.
This AI summary has been generated from information found on Charity Navigator.
Is A V A Ballet Theatre legitimate?
A V A Ballet Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. A V A Ballet 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: $63,171
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.avaballet.com
What is the mission statement of A V A Ballet Theatre?
A V A Ballet Theatre's mission is centered around educating and promoting ballet and the arts to children, teens, and adults. Their primary objective is to produce high-quality performances and offer broader exposure to ballet for the community's younger population. Despite the challenges posed by the COVID-19 pandemic, they managed to stage successful ballet productions, including Beauty and the Beast, Swan Lake, and The Nutcracker, which attracted large audiences and generated substantial revenue. The company is renowned for its consistent use of live orchestras, making it the only ballet company in its state to feature this element in all classical productions. Additionally, A V A Ballet Theatre extends its reach to underprivileged families by offering them complimentary tickets to its performances.
Official website here: www.avaballet.com
Who is the CEO of A V A Ballet Theatre?
Alexander Van Alstyne is the President of A V A Ballet Theatre.
Official website here: www.avaballet.com
What is the revenue of A V A Ballet Theatre?
A V A Ballet Theatre's revenue in 2022 was $668,843.
Official website here: www.avaballet.com
Who are the executives of A V A Ballet Theatre and what are their salaries?
The average compensation at A V A Ballet Theatre during 2022 was $63,171. There is 1 employee and 25 volunteers at A V A Ballet Theatre.
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- Compensation: $63,171
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Official website here: www.avaballet.com
Where can I find the form 990 for A V A Ballet Theatre?
A V A Ballet Theatre's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.avaballet.com
Learn more at the official website: www.avaballet.com
Mission Statement of A V A Ballet Theatre
A V A Ballet Theatre, a renowned organization, is committed to educating children, teens, and adults in the art of ballet. Its primary mission is to produce high-quality performances and broaden the exposure of children and teens within the community. The ballet company strives to go beyond performances, offering a broader educational experience to its audience.
Throughout the years, A V A Ballet Theatre has maintained a strong commitment to incorporating live orchestras in their classical ballet performances, setting itself apart as the only ballet company in the state to consistently provide this level of artistry. This dedication to live music has been a constant feature in their productions for the past 15 years for classical ballets and 17 years for The Nutcracker. Despite the challenges posed by the COVID-19 pandemic, A V A Ballet Theatre remained resilient, producing successful performances and maintaining their tradition of live orchestral music.
The organization's mission extends beyond the stage, focusing on giving back to the community by offering tickets to underprivileged families and developing study guides to enhance the learning experience of children attending their performances. By fostering a love for ballet and the arts, A V A Ballet Theatre plays a significant role in nurturing and inspiring the next generation of ballet enthusiasts and performers.
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Impact
July, 2024
A V A Ballet Theatre's impact is significant in the arts community in Reno, NV. Through their high-quality performances, they provide broader exposure and education for children and teens throughout the community. Their dedication to educating individuals about ballet and the arts is evident in their successful productions and outreach efforts. By offering live orchestra performances, including during classical ballets and The Nutcracker, they enhance the audience's experience and contribute to the cultural richness of the region. Additionally, their commitment to supporting underprivileged families by providing access to their ballets demonstrates their mission to make the arts accessible to all. Overall, A V A Ballet Theatre's impact is felt not only in the artistic realm but also in their efforts to enrich and educate the community.
This information is meant to be a general summary of A V A Ballet 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 2022.
- Investment Income: $15
- Program Service Revenue: $425,080
- Gross Receipts: $680,742
Assets and Liabilities:
- Total Assets: $442,595
- Total Liabilities: $4,595
- Net Assets: $438,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ticket Sales
Revenue
$407,032
Organization Details
Founding Year
1998
Phone
(775) 851-1221Principal Officer
Alexander Van Alstyne
Main Address
P O Box 9486, Reno, NV, 89507
Website
www.avaballet.comNTEE Category
Code: A63 - Arts
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