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Nevada Ballet Theatre

EIN 94-2427112 · Las Vegas, NV

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

LegitimacyPassesRegistration and standingFinancial healthStrong90 out of 100GovernanceGood85 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

NEVADA BALLET THEATRE PROMOTES AND DEVELOPS INTEREST IN DANCE AND RELATED ARTS IN THE LAS VEGAS VALLEY BY ORGANIZING, PROMOTING AND PROVIDING PROFESSIONAL DANCE PRODUCTIONS, PROVIDING RECREATIONAL AND PRE-PROFESSIONAL DANCE INSTRUCTION AND PROVIDING A VARIETY OF COMMUNITY EDUCATION AND OUTREACH PROGRAMS.

Income
$7.7 million
Spending
$7.6 million
Spent on programs
71%
Reserves
8.2 months of spending
Largest source of income
fees for its services, 55%
Employees
115
Volunteers
26
Highest pay
$217,240, president &

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 78% of charities in its peer group (arts and culture, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 8.2 months of spending.

  • Debt

    20 of 20

    It owes 3% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 2% of income.

  • Income trend

    15 of 15

    Income rose 1% on the year before.

  • Spending floor

    15 of 15

    71% of spending went to programs and raising each dollar of donations cost 19 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

Good: 85 out of 100. Higher than 38% of charities in its peer group (arts and culture, $1m to $10m).

  • Independent board

    25 of 25

    26 of 26 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 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)
  1. $3.2 million spent. NEVADA BALLET THEATRE ORGANIZES, PROMOTES AND PRESENTS ABOUT 30 PERFORMANCES OVER 5 PROGRAMS WHICH INCLUDE MIXED REPERTORY BALLETS AS WELL AS FULL-LENGTH WORKS INCLUDING THE HOLIDAY CLASSIC, THE NUTCRACKER. WITH THE MAJORITY OF PROGRAMS TAKING PLACE AT THE WORLD-CLASS SMITH CENTER FOR THE PERFORMING ARTS, NEVADA BALLET THEATRE REACHES THOUSANDS OF COMMUNITY MEMBERS ANNUALLY. IN ADDITION, NEVADA BALLET THEATRE'S PROFESSIONAL FACILITY SERVES AS A REHEARSAL SPACE.
  2. $1.6 million spent. THE SCHOOL OF NEVADA BALLET THEATRE IS CONSIDERED THE FINEST SCHOOL FOR BALLET AND DANCE INSTRUCTION IN THE LAS VEGAS VALLEY AND IS THE ONLY BALLET SCHOOL AFFILIATED WITH A PROFESSIONAL BALLET COMPANY. REACHING MORE THAN 350 STUDENTS, THE SCHOOL OF NEVADA BALLET THEATRE PROVIDES BOTH PRE- PROFESSIONAL AND RECREATIONAL DANCE INSTRUCTION AND SHOWCASES ITS WORK THROUGH VARIOUS STUDENT RECITAL PROGRAMS.
  3. $558,773 spent. NEVADA BALLET THEATRE'S COMMUNITY EDUCATION PROGRAM PROVIDES NOT ONLY DANCE EDUCATION PROGRAMS TO THE GENERAL PUBLIC, BUT FOCUSES ON PROVIDING DANCE INSTRUCTION FOR AT-RISK CHILDREN AT A VARIETY OF SCHOOLS AND OTHER LOCATIONS IN THE LAS VEGAS VALLEY. REACHING MORE THAN 20,000 STUDENTS ANNUALLY THROUGH A VARIETY OF INITIATIVES, THE DANCE INSTRUCTION PORTION OF THE PROGRAM CULMINATES IN ANNUAL RECITALS FEATURING MORE THAN 1,000 STUDENT PARTICIPANTS.

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 September 1977.

    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.