Harid Conservatory of Music Inc

What it reported doing in 2024

The goal of the harid conservatory is to set the standard for dance training in the united states by producing dancers whose artistic qualifications make them superior candidates for employment by professional ballet companies, and whose academic qualifications offer them the option of pursuing higher education at a college or university. Harid also seeks to further enrich the cultural life of south Florida by presenting high-quality student performances for the community.harid students have won major awards at various national and international ballet competitions, and the school's alumni have been employed by more than eighty professional dance companies across the united states and in canada, europe, south america, and asia. Many have distinguished themselves as soloist and principal dancers in leading companies.recent graduates include:2025teofil cosma estonia national balletnatalie du charme orlando ballet, traineewyatt kinsman orlando ballet 2abigail knecht pittsburgh ballet theatre, graduate programhenry matthews estonia national balletparis-renee street po science university, paris, francekotono suzuki orlando ballet, traineekantaro takishima estonia national balletrachel zweischowski joffrey ballet chicago, trainee2024evelyn hruby european school of balletsayaka iwase atlanta ballet 22023graham barnes nashville ballettiffany hopkins Colorado ballet studio companybenjamin pierce estonia national balletjun shinozaki orlando ballet ii; opera nova bydgoszcz (poland)2022morgan barton pacific northwest balletolivia deangelo pittsburgh ballet, post-grad program; Washington balletmaren goddard joffrey ballet, contemporary program, traineenathaniel lillington sibiu ballet theatre, romania; hungarian national balletraven loan milwaukee balletcheyenne lok suet yeng university of Oklahoma (dance)emery meroni milwaukee balletjasmine parente university of Utah (dance)mayu nakayama atlanta balletnolan saito royal winnipeg ballet, aspirant program; state opera ruse, bulgariairisa van niekerk hamburg ballet schoolcharlize villacorta ballet west (trainee); Washington ballet studio companyalison yang 2021shunhei fuchiyama english national balletyu-lun liu continued studies in hong kongalice summit sarah lawrence college, liberal artseach year harid presents two series of high-quality dance performances for the south Florida community. The inclusion of classical and neoclassical ballets, modern and character dance, and cutting-edge contemporary works by leading choreographers makes each harid program a season favorite of the theater-going public.the annual performances, two in december and three in may, are well attended, often filling the 800-seat countess de hoernle theatre in boca raton. Harid enjoys a loyal and enthusiastic audience base.in addition, harid presents an annual series of student outreach dance performances for fourth- and fifth-grade children from south palm beach county schools. The program consists of a forty-five-minute presentation of the nutcracker, act ii. A harid student serves as the master of ceremony for each program and provides an educational overview of the program and theater etiquette. School teachers are also provided with education materials ahead of the performance dates. For the student outreach programs, harid underwrites the cost of the public schools' buses and bus drivers to help ensure the children's access to the performances. In recent years (notwithstanding pandemic-related postponements), between 800 and 1,200 children annually have enjoyed the opportunity to attend harid's outreach performances.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 73.6%; rating input score 74
• Fundraising efficiency: $0.39 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 14%; rating input score 69; 69th percentile among comparable filings
• Total-asset coverage ratio: 9.22; rating input score 90; 90th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 87; 87th percentile among comparable filings
• Officer compensation ratio: 5.9%; rating input score 48; 48th percentile among comparable filings

Growth

• Program expense growth: 3.8% per year; rating input score 100; 32nd percentile among comparable filings
• Revenue growth: 7% per year; rating input score 100; 54th percentile among comparable filings
• Asset growth: 0.6% per year; rating input score 100; 14th percentile among comparable filings