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Wilmington Ballet Academy of the Dance Inc

EIN 26-1861300 · Wilmington, DE

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak46 out of 100GovernanceGood87 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SINCE 1956, WILMINGTON BALLET ACADEMY OF THE DANCE, INC. HAS BEEN DEDICATED TO PROVIDING SUPERIOR CLASSICAL BALLET TRAINING TO STUDENTS OF ALL AGES IN THE WILMINGTON AREA TO FOSTER DISCIPLINE, CONFIDENCE, POISE, AND COMMITMENT. IN ADDITION, WE PROVIDE OUR STUDENTS WITH THE OPPORTUNITY TO PERFORM WITH WORLD CLASS ARTISTS AND LIVE MUSIC.

Income
$339,540
Spending
$401,559
Spent on programs
76%
Reserves
-2.6 months of spending
Largest source of income
fees for its services, 59%
Employees
2
Volunteers
35
Highest pay
$59,287, executive and artistic director

Source: Form 990 for the year ending August 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 46 out of 100. Higher than 15% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    16 of 20

    It owes 25% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 18% of income.

  • Income trend

    15 of 15

    Income rose 0% on the year before.

  • Spending floor

    15 of 15

    76% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending August 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 87 out of 100. Higher than 76% of charities in its peer group (arts and culture, $250k to $1m).

  • Independent board

    25 of 25

    8 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending August 31, 2024, 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 (2)
  1. $133,795 spent. PERFORMANCES - PERFORMANCES INCLUDE THE NUTCRACKER, A SPRING PERFORMANCE, AND OTHER PERFORMANCES PERFORMED THROUGHOUT THE YEAR FEATURING ACADEMY OF THE DANCE STUDENTS.
  2. $170,278 spent. DANCE EDUCATION & OUTREACH - THE ORGANIZATION OFFERS TRAINING IN BALLET, MODERN, MUSICAL THEATER, JAZZ, HIP HOP, CLASSICAL AND CONTEMPORARY CHOREOGRAPHY, AS WELL AS ACTING AND VOCAL PERFORMANCE TECHNIQUES. THE ORGANIZATION'S CURRICULUM WAS INTENTIONALLY CREATED TO NURTURE THE WHOLE ARTIST IN IMMERSIVE PROFESSIONAL EXPERIENCES, IN PREPARATION FOR WELL ROUNDED ARTS CAREERS.

Source: Form 990 for the year ending August 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending August 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2009.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.