Terminus Ballet Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TERMINUS BALLET'S MISSION IS TO CREATE, PERFORM, AND PRODUCE HIGH QUALITY ORIGINAL BALLET THEATER PRODUCTIONS OPEN TO THE PUBLIC, OFFERS YEAR-ROUND BALLET CLASSES AND DANCE TRAINING TO CHILDREN AND YOUNG ADULTS AGES 8-20.
- Income
- $1.2 million
- Spending
- $1.2 million
- Spent on programs
- 75%
- Reserves
- -7.6 months of spending
- Largest source of income
- donations and private grants, 59%
- Employees
- 11
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
Weak: 40 out of 100. Higher than 11% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 81% of what it owns.
Living within its means
8 of 15Spending exceeded income by 2% of income.
Income trend
15 of 15Income rose 20% on the year before.
Spending floor
15 of 1575% of spending went to programs and raising each dollar of donations cost 22 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
Fair: 68 out of 100. Higher than 17% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2516 of 21 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.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports 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 (3)
- $897,191 spent. DANCE PERFORMANCE - Since our founding on 2017, Terminus Modern Ballet Theatre (Terminus) has created 28 original world premiere productions that have reached over 50,000 audience members across metro Atlanta, and Georgia's metropolitan areas of Columbus, Athens, and Carrolton. Over 50% of the venues we perform in do not traditionally present professional concert dance, enabling us to reach 2,500 new audience members annually, thereby introducing and serving our neighborhoods and communities with world class professional concert dance. Expanding performances to reach global audiences, the arts streaming service Marquee T.V. and Terminus have partnered to stream their digital films on demand. Inherent in Terminus's core beliefs is making beautiful and inspiring dance an accessible part of our daily lives, and bringing the ballet art form out of the past and into the present through storytelling. All of our innovative and creative dance works explore contemporary themes, incorporates theatrical elements, and integrates digital technologies for the purpose of connecting people through the beauty, power, and humanity of dance.
- DANCE EDUCATION - Founded in 2018 as the official school of professional company, Terminus Ballet School (Terminus School) has reached over 8,000 students through annual classes, summer intensives, and open choreographic workshops with the vision of training students that can dance anywhere and achieve anything. Upon joining Regional Dance America (RDA) in 2021 and participating in their annual dance festival, the Terminus school has repeatedly received top honors and has distinguished itself as a top tier ballet institution in the United States. Making world class dance accessible to all as a core company value, the school has given over $180,000 in financial assistance and scholarships to its students ensuring financial need does not act as a barrier to a world class dance education and resulting professional opportunities. Terminus students excel both onstage and academically, regularly earning top academic honors while balancing a rigorous dance training schedule up to six days a week. Each year students are awarded scholarships and admission to the nations top dance schools and universities; including, USC's Glorya Kaufman School of Dance, School of American Ballet, Joffrey Ballet, the University of South Carolina, and the University of Georgia to name a few. In August 2022, Terminus School moved into its newly renovated 7,700 sq/ft home centrally located in lower Buckhead at the TULA Arts Center. This world class dance facility serves as the operational home of the school and professional company, and allows the organization to expand its service to the community through dance education classes, student scholarships, public performances and open community workshops.
- DANCE ENGAGEMENT - Terminus Ballet engagement is ensuring the beauty of dance is made accessible to diverse populations across the metro Atlanta area and Georgia, through free performances, student scholarships, master classes, open classes, open houses, partnerships, and public events, with the overarching goal in reaching audiences traditionally underserved by ballet and professional concert dance. Terminus is deeply committed to community engagement and has reached over 10,000 people to date. Currently, Terminus is working with partners the Atlanta Botanical Gardens, Atlanta Public Schools, the Alliance Theatre, and Kennessaw State University to offer free public dance performances, classes, and workshops in 2025, as well as seeking additional community partnerships with organizations that will enable dance engagement opportunities with our youth and senior populations through classes, workshops, and performances.
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
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 December 2024.
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 March 2022.
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.
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.