Akhmedova Ballet Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
Dedicated to providing the finest quality ballet training utilizing the Vaganova Method with personal and artistic mentoring to prepare young talented dancers to become strong and fully developed artists ready to take their places in major dance companies around the world.
- Income
- $299,637
- Spending
- $340,816
- Spent on programs
- 83%
- Reserves
- 1.7 months of spending
- Largest source of income
- fees for its services, 66%
- Employees
- 2
- Volunteers
- 12
- Highest pay
- $70,404, president
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: 44 out of 100. Higher than 13% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.7 months of spending.
Debt
5 of 20It owes 68% of what it owns.
Living within its means
4 of 15Spending exceeded income by 14% of income.
Income trend
10 of 15Income fell 7% on the year before.
Spending floor
15 of 1583% of spending went to programs and raising each dollar of donations cost 1 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
Fair: 67 out of 100. Higher than 43% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 255 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, 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 (1)
- $283,899 spent. The 2024/25 full-time training program was held in person January-June 2025 and the new 2025/26 training year began in September 2025. ABFs professional training program students prepared for the end of the school year performance of the classic ballet, Dance of the Hours and Pictures at an Exhibition, June 17 at Montgomery College Cultural Arts Center (MCCAC) with these new choreographies by resident instructors and choreographers. Costumes and props were purchased. ABF presented its annual full Nutcracker on stage at MCCAC in December including a low-cost matinee Mini-Nut for elementary students followed by a Q&A and photo shoot with the dancers. Three well-attended summer intensives were held in July and August. As part of its nonprofit community outreach mission, ABA created and danced an original choreography for Montgomery Countys MLK Jr. Celebration at Strathmore Music Center. ABF dancers performed at Shephard Pratt special education school for students with developmental disabilities. Free Peter and the Wolf childrens show in Silver Spring B&O historic train station. Free in-studio performance for the public to Meet the Dancers. ABF continued its community outreach with four free performances at the Montgomery County Schweinhaut Senior Center. A Nutcracker Performance at Riderwood senior communities. Collaboration performance with Downtown Silver Springs Around the World Bazaar. ABA was a sponsor, participated and performed in the Wheaton Arts Parade again. Also performed in the annual Montgomery County Thanksgiving parade. ABA attended national and international (Italy & Canada) ballet competitions receiving Best School, Best Teacher, Best Choreography, Best Dancer, 1st place Small and Large Ensembles and several 1st places for individual dancers. ABAs website has been professionally redesigned to meet current use standards. Increased advertising and social media presence.
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 October 13, 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 February 2012.
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 October 21, 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.