Overview
What is Ballet Theatre Of Des Moines?
Ballet Theatre of Des Moines is a nonprofit organization situated in West Des Moines, Iowa. With a team of 12 dedicated individuals, its primary mission is to elevate the cultural appeal of Central Iowa. They achieve this by offering public performances of ballet and dance, thereby providing valuable opportunities for both young and professional dancers to enhance their skills and confidence. Moreover, by increasing community awareness of the performing arts, Ballet Theatre of Des Moines contributes to the enrichment of Central Iowa's cultural offerings.
Official website here: www.balletdesmoines.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
Ballet Theatre of Des Moines has received a low rating of 54%, which reflects significant concerns regarding its accountability and financial practices. The organization has not appointed any independent board members, which raises questions about governance and oversight. Furthermore, crucial financial statements are missing, contributing to its low score in the Accountability & Finance category.
On a more positive note, the Ballet Theatre shows a strong program expense ratio of 85.26%, indicating that a substantial portion of its funding is directed towards its programs rather than administrative costs. Additionally, the organization has a low liabilities to assets ratio of 15.66%, suggesting that it is not heavily burdened by debt, which is a favorable aspect of its financial health.
However, the absence of important policies, such as a conflict of interest policy and whistleblower policy, alongside missing financial documents on its website, highlights areas where the organization can improve its transparency and governance. Addressing these limitations could help enhance its credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Ballet Theatre Of Des Moines legitimate?
Ballet Theatre Of Des Moines is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballet Theatre Of Des Moines 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: $242,287
For more financial information, click here
Official website here: www.balletdesmoines.org
What is the mission statement of Ballet Theatre Of Des Moines?
The Ballet Theatre of Des Moines' mission is centered around enhancing the cultural appeal of a specific region, primarily Central Iowa. They accomplish this by presenting ballet and dance performances and raising community awareness about the performing arts. By providing these performances, they offer opportunities for both young and professional dancers to showcase their talents, thereby boosting their experience and confidence. Moreover, the theatre aims to broaden the cultural offerings within the community.
Official website here: www.balletdesmoines.org
Who is the CEO of Ballet Theatre Of Des Moines?
Bridget Penick is the President of Ballet Theatre Of Des Moines.
Official website here: www.balletdesmoines.org
What is the revenue of Ballet Theatre Of Des Moines?
Ballet Theatre Of Des Moines's revenue in 2022 was $859,856.
Official website here: www.balletdesmoines.org
Who are the executives of Ballet Theatre Of Des Moines and what are their salaries?
The average compensation at Ballet Theatre Of Des Moines during 2022 was $20,191. There are 12 employees and 150 volunteers at Ballet Theatre Of Des Moines.
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Official website here: www.balletdesmoines.org
Where can I find the form 990 for Ballet Theatre Of Des Moines?
Ballet Theatre Of Des Moines's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.balletdesmoines.org
Learn more at the official website: www.balletdesmoines.org
Mission Statement of Ballet Theatre Of Des Moines
Ballet Theatre of Des Moines, a renowned nonprofit organization, strives to enrich the cultural landscape of its community by presenting captivating ballet and dance performances. Its primary mission is to promote awareness of the performing arts and contribute to Central Iowa's cultural appeal. By offering public performance opportunities to both young and professional dancers, the theater aims to enhance their skills and confidence, while simultaneously expanding the community's cultural offerings. This vibrant organization plays a crucial role in fostering a rich and diverse arts scene, making Central Iowa a more attractive and culturally enriched place to live.
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Impact
July, 2024
Ballet Theatre Of Des Moines enhances the cultural attractiveness of Central Iowa by providing ballet and dance performances, increasing community awareness of the performing arts, and broadening the community's cultural offerings. Through their mission, they provide opportunities for youth and professional dancers to perform publicly, enhancing their experience and confidence while enriching the cultural landscape of West Des Moines, Iowa. Their impact is evident in the vibrant arts scene they contribute to and the opportunities they create for both artists and audiences to engage with and appreciate the beauty of ballet and dance.
This information is meant to be a general summary of Ballet Theatre Of Des Moines. 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: $1,578
- Program Service Revenue: $326,362
- Gross Receipts: $866,657
Assets and Liabilities:
- Total Assets: $244,724
- Total Liabilities: $17,995
- Net Assets: $226,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCE RECEIPTS
Revenue
$272,084
EVENT/SPONSORSHIP INCO
Revenue
$54,278
Organization Details
Founding Year
2002
Phone
(515) 440-1177Principal Officer
Bridget Penick
Main Address
121 SOUTH 11TH STREET 100, WEST DES MOINES, IA, 50265
Website
www.balletdesmoines.orgNTEE Category
Code: A63 - Arts
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