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CHARITY REVIEW
Issued: May 2024 Expires: May 2026

Huntsville Ballet Company

Accredited Charity
Accredited Charity

Meets Standards
(256) 539-0961
800 Regal Dr SW
Huntsville, AL, 35801
https://huntsvilleballet.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Huntsville Ballet Company meets the 20 Standards for Charity Accountability.

Stated Purpose:
Our mission is to preserve and teach the classical art of ballet; to bring the artistry of Classical and Contemporary dance to the Huntsville Community.

Year, State Incorporated:
1964, AL

Huntsville Ballet Association has a professional ballet company with 13 professional dancers and a ballet school with over 250 students. There are four performances per year, including Unplugged in October, The Nutcracker in December, Dancer's Choice in February, and Swan Lake in April. Huntsville Ballet's Outreach program extends into our schools through Discover Dance and programs at the Senior Center. Our two main fundraisers are The Nutcracker Ball in December and The Spring Soiree in April.

For the year ended June 30, 2022, Huntsville Ballet Company's program expenses were:

Program services $859,304
Total Program Expenses $859,304

Chief Executive
Phil Otto, Artistic Director

Chair of the Board
Debbie Baughn

Board Size
13

Method(s) Used:
Print advertisements (newspapers, magazines, etc.), Grant proposals, Cause-related marketing (affinity credit cards, consumer product sales, etc.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Huntsville Ballet Company's IRS Form 990 for the year ended June 30, 2022.

Source of Funds
Program service revenue $633,993
Contributions and grants $362,263
Investment income $404
Total Income $996,660

Programs: 93% Fundraising: 2% Administrative: 5%

Total Income $996,660
Total expenses: $919,317
  Program expenses $859,304
  Fundraising expenses $16,683
  Administrative expenses $43,330
  Other expenses $0
Income in Excess of Expenses $77,343
Beginning Net Assets $896,330
Other Changes In Net Assets $79,588
Ending Net Assets $1,053,261
Total Liabilities $369,426
Total Assets $1,447,227

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Serving North Alabama