Ballet Theatre of Carmel Academy
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
BALLET THEATRE OF CARMEL ACADEMY IS DEDICATED TO DEVELOPING DANCERS TO THEIR FULLEST POTENTIAL. WE BELIEVE THAT THROUGH ENCOURAGEMENT DISCIPLINE AND DEDICATION OUR PROFESSIONAL INSTRUCTORS CAN NURTURE DANCERS TO A HIGHER DEGREE OF ACHIEVEMENT CONFIDENCE AND SELF-ESTEEM.WE STRIVE TO GIVE YOUNG DANCING ARTISTS THE TOOLS NECESSARY TO SUCCEED IN THE COLLEGIATE AND PROFESSIONAL MARKET BOTH NATIONALLY AND INTERNATIONALLY.BY GODS GRACE WE STRIVE TO BUILD BEAUTIFUL DANCERS AND WHOLESOME HUMAN BEINGS. WE ALSO DESIRE TO FURTHER ENRICH THE CULTURAL LIFE OF CENTRAL INDIANA AND THE SURROUNDING AREAS BY PRODUCING QUALITY PERFORMANCES AND EVENTS FOR THE COMMUNITY.
- Income
- $406,064
- Spending
- $387,749
- Spent on programs
- 97%
- Reserves
- -0.4 months of spending
- Largest source of income
- fees for its services, 83%
- Employees
- 0
- Volunteers
- 108
- Highest pay
- $26,744, 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
Fair: 50 out of 100. Higher than 18% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 54% of what it owns.
Living within its means
15 of 15Income exceeded spending by 5% of income.
Income trend
15 of 15Income rose 39% on the year before.
Spending floor
15 of 1597% of spending went to programs and raising each dollar of donations cost 0 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: 61 out of 100. Higher than 34% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 257 of 8 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
6 of 15Its accounts were not audited or reviewed by an independent accountant.
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 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)
- $316,861 spent. DANCE PROGRAMS: MYBS PRIMARY OBJECTIVE IS TO PROVIDE BOYS AND GIRLS AGES 3-18 WITH HIGH-QUALITY DANCE EDUCATION BASED ON THE AMERICAN BALLET THEATRE NATIONAL TRAINING CURRICULUM IN A NURTURING AND SUPPORTIVE ENVIRONMENT. IN THIS FISCAL YEAR MYB HAD A TOTAL ENROLLMENT OF 178 STUDENTS IN LEVELS PRESCHOOL THROUGH 6B. 30 WEEKLY CLASSES WERE OFFERED IN BALLET TECHNIQUE PRE-POINTE POINTE VARIATIONS PARTNERING CONTEMPORARY AND JAZZ 58HRS WK AVAILABLE INSTRUCTION. 6 STUDENTS ENROLLED IN THE DAY INTENSIVE PROGRAM RECEIVED 12HRS WK OF TRAINING IN THE ABOVE DISCIPLINES INCLUDING IMPROVISATION. 22 STUDENTS ENROLLED IN THE THE SOLOIST INITIATIVE PROGRAM RECEIVED 1-4HRS WK OF INDIVIDUAL VARIATIONS TRAINING. 94 STUDENTS PARTICIPATED IN BTCAS STUDENT SHOWCASE. SUMMER PROGRAMS INCLUDED A 2 WEEK SENIOR INTENSIVE 50HRS INSTRUCTION ATTENDED BY 26 LEVEL 2B-6B STUDENTS; A 2 WEEK JUNIOR INTENSIVE 24HRS INSTRUCTION ATTENDED BY 16 PRIMARY A - 2A STUDENTS; 4 SUMMER CAMPS 48HRS INSTRUCTION ATTENDED BY 44 STUDENTS; AND 22HRS OF OPEN CLASSES ATTENDED BY 26 STUDENTS.
- $59,295 spent. PERFORMANCE: MYBS SECONDARY OBJECTIVE IS TO ENRICH THE CULTURAL LIFE OF CENTRAL INDIANA BY PRODUCING HIGH-QUALITY BALLET PERFORMANCES FOR THE COMMUNITY. THE NUTCRACKER AND A SPRING STORYBOOK BALLET ARE PRESENTED EACH YEAR. THE NUTCRACKERS CAST OF 83 DANCERS PRESENTED 4 LIVE PERFORMANCES DECEMBER 15 - 17. 2,335 LIVE AND 10 DIGITAL ACCESSS TICKETS WERE SOLD. 85 ADULTS AND TEENS VOLUNTEERED HUNDREDS OF HOURS TO COMPLETE 278 PRE-PRODUCTION AND PRODUCTION WEEK TASKS. THE ENCHANTED TALES PERFORMANCE WAS PRESENTED BY A CAST OF 68 DANCERS FOR 2 SHOWS ON MAY 24 & 25. 629 LIVE AND 6 DIGITAL ACCESS TICKETS WERE SOLD. 46 ADULTS AND TEENS VOLUNTEERED HUNDREDS OF HOURS TO COMPLETE MORE THAN 191 PRE-PRODUCTION AND PRODUCTION WEEK TASKS. FOR BOTH PRODUCTIONS THE MYB PARENT ORGANIZATION OFFERED LOBBY ACTIVITIES INCLUDING BAKE SALE BOUTIQUE FLOWER SALE AND CAST MEET & GREET TO RAISE FUNDS AND CREATE A FAMILY-FRIENDLY BALLET EXPERIENCE FOR GUESTS.
- COMMUNITY OUTREACH: IN AN EFFORT TO FURTHER CONTRIBUTE TO THE CULTURAL LIFE OF CENTRAL INDIANA AND TO SHARE THE ART OF BALLET IN AN INFORMAL NON-THEATRE SETTING BTCA OFFERED A ROBUST SCHEDULE OF FREE COMMUNITY OUTREACH PERFORMANCES DURING THIS FISCAL YEAR. WE PRESENTED A SELECTION OF CLASSICAL AND CONTEMPORARY BALLET AND JAZZ SOLOS AND ENSEMBLE PIECES AT PENROD ARTS FESTIVAL CARMEL INTERNATIONAL ARTS FESTIVAL CARMEL CHINESE MOONCAKE FESTIVAL SYMPHONY ON THE CIRCLE AND A PREVIEW OF THE NUTCRACKER AT CARMEL CHRISTKINDLEMARKT. TOTAL AUDIENCE OF THESE EVENTS IS ESTIMATED AT 300-350 ACTIVELY ENGAGED ADULTS AND CHILDREN. STORYTIME PERFORMANCES WERE ALSO PRESENTED AT AT CARMEL WESTFIELD WHITESTOWN AND ZIONSVILLE LIBRARIES TOTAL 6 ENGAGMENTS OVER THE FISCAL YEAR REACHING OVER 350 CHILDREN AND ADULTS. EACH OF THESE OUTREACH ACTIVITIES ALSO HAD AN INFORMATIONAL COMPONENT WITH INFO TABLE AND OR FACULTY AVAILABLE FOR Q&A. THE LIBRARY STORYTIMES ALSO INCLUDED AN INTERACTIVE MINI-BALLET CLASS AND BALLET PANTOMIME LESSON.
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
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 June 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 June 2018.
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.
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