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Greenwich Ballet Academy Inc

EIN 83-0457933 · Greenwich, CT

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

LegitimacyPassesRegistration and standingFinancial healthStrong96 out of 100GovernanceGood85 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

GREENWICH BALLET ACADEMY WAS FOUNDED IN 2006 AND IS PROUD TO BE AMONG THE MOST PRESTIGIOUS AND HIGHLY REGARDED PRE-PROFESSIONAL CLASSICAL BALLET ACADEMIES IN THE UNITED STATES. THE ACADEMY'S MISSION IS TO NURTURE TALENTED YOUNG STUDENTS TOWARD CAREERS IN PROFESSIONAL BALLET AND OPTIMIZING COLLEGE ASPIRATIONS. THE ACADEMY TAKES GREAT CARE IN DIRECTING EACH OF ITS STUDENTS ON AN INDIVIDUAL PATH TOWARD EXCELLENCE AND WITH AN EMPHASIS ON SUPERIOR TECHNIQUE, ARTISTRY AND STAGE PRESENCE. THE ACADEMY PROMOTES THIS LEARNING IN A POSITIVE ENVIRONMENT THAT DEVELOPS NOT ONLY EXCEPTIONAL DANCE SKILLS, BUT OVERALL HEALTH, FITNESS, SELF-CONFIDENCE, AND LEADERSHIP. THE GREENWICH BALLET ACADEMY IS A NOT-FOR-PROFIT 501(C)(3) ORGANIZATION. THE ACADEMY ADMITS STUDENTS OF ANY RACE, SEX, RELIGION, NATIONAL OR ETHNIC ORIGIN AND DOES NOT DISCRIMINATE ON THE BASIS OF SUCH IN ADMINISTERING ITS POLICIES AND EDUCATIONAL PROGRAMS.

Income
$1.3 million
Spending
$1.0 million
Spent on programs
87%
Reserves
13.9 months of spending
Largest source of income
fees for its services, 95%
Employees
12
Volunteers
0
Highest pay
$108,154, chairman & executive direc

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

Financial health

Strong: 96 out of 100. Higher than 90% of charities in its peer group (education, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 13.9 months of spending.

  • Debt

    16 of 20

    It owes 21% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 25% of income.

  • Income trend

    15 of 15

    Income rose 15% on the year before.

  • Spending floor

    15 of 15

    87% of spending went to programs and raising each dollar of donations cost 7 cents.

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

Governance

Good: 85 out of 100. Higher than 47% of charities in its peer group (education, $1m to $10m).

  • Independent board

    25 of 25

    5 of 5 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

    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

    15 of 15

    Its accounts were audited 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 December 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 (1)
  1. $870,980 spent. (1) PRE-PROFESSIONAL INSTRUCTION - INSTRUCTIONS IN CLASSICAL BALLET FOR CHILDREN. PREPARES STUDENTS FOR AUDITIONS IN THE PROFESSIONAL DANCE WORLD AND CAREERS AS DANCERS.(2) STAGED PERFORMANCES - THERE ARE 2 TO 3 STAGED PERFORMANCES PER YEAR THAT GIVE STUDENTS THE NECESSARY TRAINING AND EXPERIENCE ON STAGE WHICH IS CRITICAL TO THEIR FUTURE SUCCESS AS PROFESSIONAL DANCERS.(3) SUMMER INTENSIVE PROGRAMS IN CLASSICAL BALLET - SUMMER PROGRAMS OFFER INTENSIVE TRAINING USEFUL TO THE STUDENT ASPIRING TO BECOME A PROFESSIONAL DANCER OR JUST REQUIRING MAINTENANCE OF ABILITY BETWEEN ACADEMIC YEAR PROGRAMS.

Source: Form 990 for the year ending December 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 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 December 2024.

    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 February 2007.

    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.

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