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Colorado Ballet Company

EIN 84-6038137 · Denver, CO

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

LegitimacyPassesRegistration and standingFinancial healthStrong90 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

COLORADO BALLET'S MISSION IS TO PRESENT EXCEPTIONAL CLASSICAL BALLET AND CONTEMPORARY DANCE THROUGH PERFORMANCES, TRAINING, EDUCATION AND COMMUNITY ENGAGEMENT WHILE INSPIRING AND GROWING AN INCREASINGLY DIVERSE AUDIENCE BASE.

Income
$17.6 million
Spending
$17.4 million
Spent on programs
78%
Reserves
6.6 months of spending
Largest source of income
fees for its services, 59%
Employees
343
Volunteers
169
Highest pay
$342,900, 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

Strong: 90 out of 100. Higher than 71% of charities in its peer group (arts and culture, $10m to $100m).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.6 months of spending.

  • Debt

    20 of 20

    It owes 14% 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 25% on the year before.

  • Spending floor

    15 of 15

    78% of spending went to programs and raising each dollar of donations cost 11 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

Strong: 100 out of 100. Higher than 34% of charities in its peer group (arts and culture, $10m to $100m).

  • Independent board

    25 of 25

    30 of 30 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

    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

    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 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. $10.9 million spent. PERFORMANCES:UNDER THE LEADERSHIP OF ARTISTIC DIRECTOR GIL BOGGS AND HIS ARTISTIC TEAM, COLORADO BALLET COMPANY REMAINS COMMITTED TO PRODUCING THE HIGHEST QUALITY DANCE. EACH SEASON, THE COMPANY PERFORMS TECHNICALLY CHALLENGING CLASSICAL BALLET AS WELL AS INNOVATIVE CONTEMPORARY PREMIERES. THE COMPANY'S 40 PROFESSIONAL DANCERS COME FROM ALL OVER THE WORLD, INCLUDING JAPAN, CANADA, FRANCE, COLOMBIA, AND THE UNITED STATES. ADDITIONALLY, THE STUDIO COMPANY PROVIDES BETWEEN 20 AND 25 YOUNG DANCERS WITH TRAINING AND PERFORMANCE OPPORTUNITIES AS A START TO A PROFESSIONAL CAREER IN BALLET.
  2. $2.7 million spent. EDUCATION AND ACADEMY:COLORADO BALLET ENHANCES THE CULTURAL LIFE OF COLORADO THROUGH EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS. OUR TEAM OFFERS DANCE EDUCATION VIA AFTER-SCHOOL PROGRAMS, IN-SCHOOL ASSEMBLIES, STUDENT MATINEES, LIVE STREAM PERFORMANCES, DANCE TECHNIQUE, ARTS INTEGRATION, STEAM WORKSHOPS, ACCESSIBILITY PROGRAMS, ADULT EDUCATION, AND EDUCATOR PROFESSIONAL DEVELOPMENT. OUR MISSION IS SIMPLE - EVERY. BODY. DANCE! PROGRAMS ARE OFFERED TO STUDENTS AND COMMUNITY MEMBERS LEAST LIKELY TO ACCESS DANCE INDEPENDENTLY AND FOR WHOM IT COULD HAVE THE GREATEST IMPACT, WITH THE INTENTION TO BRING DIVERSE COMMUNITIES TOGETHER TO OVERCOME REAL AND PERCEIVED BARRIERS. (CONTINUED ON SCHEDULE O)COLORADO BALLET'S EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS MADE APPROXIMATELY 69,000 COMMUNITY CONTACTS DURING THE 2024-2025 SEASON AND 3,000 SCHOOLS AND ORGANIZATIONS WERE REACHED NATIONWIDE. WE AWARDED $133,000 IN NEED-BASED SCHOLARSHIPS. AS THE PREMIER BALLET TRAINING INSTITUTION IN THE STATE, THE RAYDEAN ACEVEDO COLORADO BALLET ACADEMY (CBA) PROVIDES PROFESSIONAL CLASSICAL BALLET TRAINING AND MENTORSHIP. THROUGHOUT THE YEAR, CBA ALSO OFFERS DANCE CLASSES IN OTHER STYLES, WORKSHOPS, AUDITIONS, AND SUMMER PROGRAMS FOR ALL LEVELS. UNDER THE GUIDANCE OF ACADEMY DIRECTOR ERICA FISCHBACH, CBA ACTIVELY FOSTERS A POSITIVE LEARNING ENVIRONMENT THAT EMPOWERS APPROXIMATELY 1,500 STUDENTS ANNUALLY TO FREELY AND CREATIVELY EXPRESS THEMSELVES WHILE CULTIVATING THEIR TECHNIQUE AND MUSICALITY. THE CURRICULUM IS GROUNDED IN CLASSICAL BALLET TRAINING WITH ELEMENTS OF THE RUSSIAN, FRENCH AND ITALIAN SCHOOLS. THE RESULT OF THIS TRAINING IS SEASONED DANCERS WHO THRIVE PROFESSIONALLY UNDER THE DIVERSE CHOREOGRAPHIC DEMANDS OF DANCERS TODAY. CBA STUDENTS COME FROM A VARIETY OF BACKGROUNDS, AGES, AND LEVELS WITH UNIQUE GOALS AND ASPIRATIONS. TO LOWER THE BARRIER TO ACCESS TRAINING AT CBA, SCHOLARSHIPS ARE AWARDED TO DESERVING AND TALENTED STUDENTS WHO WOULD NOT OTHERWISE HAVE THE OPPORTUNITY TO PURSUE A DANCE EDUCATION. ACADEMY STUDENTS COMPETE EACH YEAR AT THE YOUTH AMERICA GRAND PRIX (YAGP), AN INTERNATIONAL BALLET COMPETITION. LAST SEASON, 15 ACADEMY STUDENTS WENT ON TO THE INTERNATIONAL FINALS, AND AN ACADEMY ENSEMBLE PLACED THIRD. THE ACADEMY AWARDED $204,000 IN SCHOLARSHIPS TO DESERVING STUDENTS DURING THE 2024-2025 SEASON.

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 November 1964.

    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.