Colorado · Nonprofit
COLORADO BALLET
COLORADO BALLET (Colorado) receives grants from 72 organizations whose IRS filings report $6,366,251 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($990,700). 46 of them have funded it in more than one year.
- Revenue FY2025
- $18M
- Funders on record
- 72
- Grants received
- $6.4M
- Net assets
- $17M
What Colorado Ballet does
Mission
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.
As stated on its FY2025 Form 990.
Programs
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.
$10,909,051 spentof which $2,305,000 as grants$7,391,636 earned by the program80% of program spendingEducation 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,…
$2,660,701 spentof which $336,332 as grants$3,220,966 earned by the program20% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $13,569,752.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $13M to $17M (+35%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 9% · 2018 9% · 2019 9% · 2020 11% · 2021 30% · 2022 39% · 2023 14% · 2024 12% · 2025 8%. Grants only. Government contracts and fees sit inside program revenue.
37% of COLORADO BALLET’s revenue is contributions — about as donation-reliant as the typical peer (58% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Sameed Afghani
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 21 funders to 30 funders, grant income fell $722k → $701k.
17 of 72 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $220k from one payer (the payer shares this organization's board, largest Denver Ballet Guild). These are real filings, and they are not money COLORADO BALLET raised.
From the IRS filings of COLORADO BALLET’s funders (the co-funder graph). Top 30 of 72 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
COLORADO BALLET has a broad base — no single funder exceeds 16% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
51% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund COLORADO BALLET.
Largest funder’s share by year: 2017 57% · 2018 45% · 2019 28% · 2020 42% · 2021 20% · 2022 20% · 2023 18% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of COLORADO BALLET's funders are still giving 3 years after their first grant; 64% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
75% of COLORADO BALLET's grant income comes from Colorado funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.8M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
COLORADO BALLET holds deeper cash reserves than three-quarters of the 570 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 570 arts & culture nonprofits $10M–$100M, FY2025
Government funding COLORADO BALLET receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $60k on record.
- National Endowment for the Arts$60k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like COLORADO BALLET
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
94%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- 1075 Santa Fe Drive LLC · disregarded
- Colorado Ballet Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for COLORADO BALLET: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds COLORADO BALLET?
- COLORADO BALLET (Colorado) receives grants from 72 organizations whose IRS filings report $6,366,251 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($990,700). 46 of them have funded it in more than one year.
- How many funders does COLORADO BALLET have?
- IRS filings report 72 organizations giving $6,366,251 in grants to COLORADO BALLET, 46 of which have funded it in more than one year.
- Who is the largest funder of COLORADO BALLET?
- MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $990,700 in grants. The full list of funders is on this page.
- How can an organization like COLORADO BALLET find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 72 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing