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Ballet Magnificat Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 640732185 ✦ Jackson, MS ✦ Designated as a 501(c)(3)

Overview

What is Ballet Magnificat Inc?

Ballet Magnificat Inc is a distinguished nonprofit organization, established in Mississippi in 1986 and headquartered in the state capital, Jackson. Committed to spreading religious messages, this professional Christian ballet company incorporates dance as a medium to communicate the good news of Jesus Christ globally. With a strong foundation in the arts, Ballet Magnificat Inc utilizes its expertise to promote faith and inspire audiences worldwide.


Official website here: www.balletmagnificat.com

Is Ballet Magnificat Inc legitimate?

Ballet Magnificat Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballet Magnificat Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $177,640
Professional Fundraising Fees: $0
Other Salaries and Wages: $530,849

For more financial information, click here


Official website here: www.balletmagnificat.com

What is the mission statement of Ballet Magnificat Inc?

Ballet Magnificat Inc serves as an arts organization with a mission to disseminate religious messages through the medium of ballet dancing. Established in 1986, this professional Christian ballet company is dedicated to sharing the good news of Jesus Christ globally. Their performances aim to reach a widespread audience, spreading religious beliefs through the captivating art form of ballet.


Official website here: www.balletmagnificat.com

Who is the CEO of Ballet Magnificat Inc?

Keith Thibodeaux is the President of Ballet Magnificat Inc.


Official website here: www.balletmagnificat.com

What is the revenue of Ballet Magnificat Inc?

Ballet Magnificat Inc's revenue in 2022 was $1,869,547.


Official website here: www.balletmagnificat.com

Who are the executives of Ballet Magnificat Inc and what are their salaries?

The average compensation at Ballet Magnificat Inc during 2022 was $15,744. There are 45 employees at Ballet Magnificat Inc.

Here are 7 key members and their salaries:

    Keith Thibodeaux (President) [Trustee/Director]
  • Compensation: $55,200
  • Related: $0
  • Other: $0

    • Kathy Thibodeaux (Vice Preside) [Trustee/Director]
  • Compensation: $55,200
  • Related: $0
  • Other: $0

    • Erin Beaver (Treasurer) [Trustee/Director]
  • Compensation: $45,640
  • Related: $0
  • Other: $0

    • Brenda Holden (Secretary) [Trustee/Director]
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • Tara Drew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryce Drew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Vandervelde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.balletmagnificat.com

    Where can I find the form 990 for Ballet Magnificat Inc?

    The Ballet Magnificat Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.balletmagnificat.com

    Learn more at the official website: www.balletmagnificat.com

    Mission Statement of Ballet Magnificat Inc

    Ballet Magnificat Inc, a renowned arts organization, is committed to promoting religion through the medium of ballet dancing. Primarily known as a professional Christian ballet company, its mission is to spread the message of Jesus Christ globally. Established in 1986 in Mississippi, Ballet Magnificat Inc has carved a niche for itself as a beacon of faith and artistic expression, located in the state capital, Jackson.

    Impact

    This information is meant to be a general summary of Ballet Magnificat Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Ballet Magnificat Inc's impact lies in its unique fusion of religion and ballet dancing to spread the message of Jesus Christ. Through their performances and outreach programs, they are reaching audiences with their powerful interpretation of faith and worship. The organization's dedication to promoting religion through the art of ballet has allowed them to touch the hearts and minds of many, offering a creative and engaging way to share the good news. Their presence in the arts community in Jackson, Mississippi, and beyond, highlights their commitment to utilizing the beauty and grace of ballet to convey spiritual truths.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-6,654
  • Program Service Revenue: $1,548,034
  • Gross Receipts: $2,686,919

    • Assets and Liabilities:
  • Total Assets: $2,044,965
  • Total Liabilities: $9,858
  • Net Assets: $2,035,107
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    WORKSHOP TUITION/FEES

    Revenue

    $840,165

    PERFORMANCE INCOME

    Revenue

    $359,134

    SCHOOL TUITION/FEES

    Revenue

    $348,735

    Organization Details

    Founding Year

    1986

    Principal Officer

    Keith Thibodeaux

    Main Address

    5406 NORTH I-55, JACKSON, MS, 39211

    NTEE Category

    Code: A630 - Arts

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