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Bluegrass Youth Ballet Inc

EIN 47-0925708 · Lexington, KY

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

LegitimacyPassesRegistration and standingFinancial healthGood75 out of 100GovernanceGood84 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

BLUEGRASS YOUTH BALLET ENGAGES AND INSPIRES YOUTH BY PROVIDING ACCESS TO THE ART OF DANCE THROUGHOUT OUR COMMUNITY. WE ACCOMPLISH THIS THROUGH DANCE EDUCATION, PERFORMANCE OPPORTUNITIES AND OUTREACH.

Income
$665,645
Spending
$656,937
Spent on programs
80%
Reserves
3.1 months of spending
Largest source of income
fees for its services, 84%
Employees
17
Volunteers
175
Highest pay
$66,955, artistic director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 75 out of 100. Higher than 48% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.1 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 1% of income.

  • Income trend

    15 of 15

    Income rose 20% on the year before.

  • Spending floor

    8 of 15

    80% of spending went to programs and raising each dollar of donations cost 49 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 84 out of 100. Higher than 70% 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

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave 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

    6 of 15

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

  • No reported misuse

    10 of 10

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

Source: Form 990 for the year ending June 30, 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 (3)
  1. $417,341 spent. BLUEGRASS YOUTH BALLET CONDUCTED HIGH QUALITY DANCE EDUCATION IN CLASSICAL BALLET AND CONTEMPORARY DANCE CLASSES DURING THE SPRING, FALL, AND SUMMER SEMESTERS FOR AGES THREE-ADULT. THE STUDENT BODY OF OVER 350 STUDENTS IS COMPOSED OF FAMILIES IN VARIOUS INCOME LEVELS AND ETHNICITIES (CAUCASIAN 71%, AFRICAN AMERICAN 5%, HISPANIC 9%, ASIAN 9%, OTHER/MULTI RACIAL 6%). OVER $25,000 IN TUITION ASSISTANCE WAS GRANTED TO LOW INCOME FAMILIES AS WELL AS FIRST YEAR SCHOLARSHIPS FOR ALL BOYS.
  2. $68,242 spent. BLUEGRASS YOUTH BALLET HELD FOUR PERFORMANCES DURING THE FISCAL YEAR. EACH PERFORMANCE WAS REPEATED THREE-FOUR TIMES. THERE WAS A FALL PERFORMANCE OF ALEBRJES, A WINTER PERFORMANCE OF THE NUTCRACKER IN ONE ACT, AND IN THE SPRING THE LITTLE MERMAID AS WELL AS UNDERWATER ADVENTURES. PERFORMANCES WERE HELD AT THE UNIVERSITY OF KENTUCKY'S SINGLETARY CENTER FOR THE ARTS, THE LEXINGTON OPERA HOUSE, TRANSYLVANIA UNIVERSITY AND LEXINGTON CHRISTIAN ACADEMY'S THEATER.
  3. $36,915 spent. BLUEGRASS YOUTH BALLET OFFERED A VARIETY OF SUMMER DANCE AND ARTS EDUCATION OPPORTUNITIES FOR STUDENTS INCLUDING SUMMER BALLET INTENSIVES AND ARTS CLASSES. CLASSES AND INTENSIVES WERE OFTEN TAUGHT BY ESTABLISHED, WELL KNOWN GUEST TEACHERS FROM AROUND THE NATION AND WORLD.

Source: Form 990 for the year ending June 30, 2025, 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 September 7, 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 September 30, 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 September 10, 2026.

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

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

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

    Recognized by the IRS since July 2008.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 October 7, 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.