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Kingsport Ballet

EIN 62-1784135 · Kingsport, TN

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

LegitimacyPassesRegistration and standingFinancial healthWeak33 out of 100GovernanceFair68 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE KINGSPORT BALLET IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO PROMOTE AND FOSTER PROFESSIONAL QUALITY DANCE THROUGH EDUCATION, PERFORMANCE, OUTREACH, ADVOCACY, AND MARKETING.

Income
$332,382
Spending
$359,927
Spent on programs
76%
Reserves
0.9 months of spending
Largest source of income
fees for its services, 67%
Employees
2
Volunteers
60
Highest pay
$49,500, executive di

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

Weak: 33 out of 100. Higher than 6% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.9 months of spending.

  • Debt

    5 of 20

    It owes 63% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 8% of income.

  • Income trend

    5 of 15

    Income fell 13% on the year before.

  • Spending floor

    15 of 15

    76% of spending went to programs and raising each dollar of donations cost 13 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

Fair: 68 out of 100. Higher than 45% of charities in its peer group (arts and culture, $250k to $1m).

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no 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

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • 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 (2)
  1. $175,121 spent. HIGH-QUALITY CLASSICAL BALLET INSTRUCTION: FROM THE AVID BALLET STUDENT ASPIRING TO GAIN PRE-PROFESSIONAL EXPERIENCE TO THE STUDENT LOOKING FOR A FUN AND ENRICHING AFTER-SCHOOL ACTIVITY, KINGSPORT BALLET OFFERS GREAT INSTRUCTION IN A POSITIVE, FAMILY ATMOSPHERE. KINGSPORT BALLET OFFERS CLASSICAL BALLET INSTRUCTION TO STUDENTS FROM AROUND THE EAST TENNESSEE REGION, AS WELL AS VIRGINIA, KENTUCKY, AND NORTH CAROLINA.
  2. $99,116 spent. PROFESSIONAL-LEVEL, FULL-LENGTH PRODUCTIONS: OUR PRODUCTIONS ARE PROFESSIONAL, FULL-LENGTH, AND STAGED AFTER THE GREAT WORLD THEATERS SUCH AS THE BOLSHOI AND KIROV BALLETS. KINGSPORT BALLET IS PROUD TO CONTRIBUTE TO GROWING THE ARTS IN OUR REGION - FROM EAST TENNESSEE TO VIRGINIA AND NORTH AND SOUTH CAROLINA

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 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 June 2025.

    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 December 1999.

    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.