International Ballet Theatre
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TRAIN YOUNG ARTISTS TO PRESENT THEIR TALENTS IN CLASSICAL BALLET AND DANCE. PROMOTE THE PRESENTATION OF CLASSICAL BALLET TO THE GENERAL PUBLIC
- Income
- $516,772
- Spending
- $508,767
- Spent on programs
- 65%
- Reserves
- 0.3 months of spending
- Largest source of income
- fees for its services, 77%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 39 out of 100. Higher than 9% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.3 months of spending.
Debt
5 of 20It owes 72% of what it owns.
Living within its means
12 of 15Income exceeded spending by 2% of income.
Income trend
10 of 15Income fell 5% on the year before.
Spending floor
8 of 1565% of spending went to programs and raising each dollar of donations cost 41 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 91 out of 100. Higher than 79% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (6)
- $98,560 spent. DECEMBER 5-DECEMBER 8, 2025 THEN, DECEMBER 12-DECEMBER 14,2025, THEN DECEMBER 19-DECEMBER 23-2025 PRODUCTION OF "THE NUTCRAKCER" 14 SHOWS AT THE MEYDENBAUER THEATRE WHERE 81 YOUNG ARTISTS WITH THE HELP OF THE 3 GUEST ARTISTS,AMD 183 VOLUNTEERS DELIGHTED AN AUDIENCE OF 3,326 WHO ATTENEDED, 4,066 TICKETS WERE SOLD AND 168 COMPLIMENTARY TICKETS WERE GIVEN.
- $94,356 spent. OCTOBER 29, 2025. PRODUCTION OF "DRACULA" 1 SHOWS AT THE MEYDENBAUER THEATRE, 11100 NE 6TH STREET, BELLEVUE WA 98004 WHERE 56 YOUNG ARTISTS WITH THE HELP OF 43 VOLUNTEERS AND 8 GUEST ARTISTS DELIGHTED A STUNNED AUDIENCE. 1,106 TICKETS WERE SOLD,127 COMPLIMENTARY TICKETS WERE GIVEN AND 1,120 WERE IN ATTENDANCE.
- $61,544 spent. MARCH 22, TO MARCH 23, 2025- PRODUCTION OF "SNOW WHITE AND DWARFS" 3 SHOWS AT THE MEYDENBAUER THEATRE, 11100 NE 6TH STREET, BELLEVUE WA 98004 WHERE 45 YOUNG ARTISTS WITH THE HELP OF 0 GUEST ARTISTS AND 73 VOLUNTEERS, DELIGHTED AN AUDIENCE OF 1117 WHO ATTENDED. 1080 TICKETS WERE SOLD AND 37 COMPLIEMENTARY TICKETS WERE GIVEN
- $55,866 spent. MAY 3-MAY 4, 2025 PRODUCTION OF "DON QUIXOTE" 3 SHOWS AT THE MEYDENBAUER THEATRE 48 YOUNG ARTISTS WITH THE HELP OF THE 2 GUEST ARTIST,AND 73 VOLUNTEERS DELIGHTED AN AUDIENCE OF 743 WHO ATTENEDED, 583 TICKETS WERE SOLD AND 160 COMPLIMENTARY TICKETS WERE GIVEN.
- $17,942 spent. JUNE 14 - JUNE 15, 2025 PRODUCTION OF "STARS OF TOMMORROW" 2 SHOWS AT MEYDENBAUER THEATRE, 11100 NE 6TH STREET,BELLEVUE WA 98004, WHERE 186 YOUNG ARTISTS WITH THE HELP OF 15 VOLUNTEERS, DELIGHTED AN APPRECIATIVE AUDIENCE OF 612 WHO ATTENDED 570 TICKETS WERE SOLD AND 14 COMPLIMENTARY TICKETS WERE GIVEN
- ADJSUTMENT
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.