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Utah · Nonprofit

IMAGINE BALLET THEATRE INC

IMAGINE BALLET THEATRE INC (Utah) receives grants from 4 organizations whose IRS filings report $42,876 to it, the largest being MARTHA & JOSEPH SCHRODT FAMILY FOUNDATION ($31,093). 3 of them have funded it in more than one year.

Revenue FY2025
$214k
Funders on record
4
Grants received
$43k
Net assets
$-4221
3/4 repeat funderspeak grant-dependency 2%
01What it does

What Imagine Ballet Theatre Inc does

Mission

Imagine Ballet Theatre Inc, is a preprofessional ballet company. It was created to provide aspiring young dancers the opportunity to work with and be trained by professional artists; to provide performance experience; and to foster understanding and appreciation for the performing arts.

As stated on its FY2025 Form 990.

Programs

  1. Imagine Ballet Theatre Inc, is a preprofessional ballet company. It was created to provide aspiring young dancers the opportunity to work with and be trained by professional artists; to provide performance experience; and to foster understanding and appreciation for the performing arts.

    $133,598 spent
    72% of program spending
  2. Imagine Ballet Theatre Inc, is a preprofessional ballet company. It was created to provide aspiring young dancers the opportunity to work with and be trained by professional artists; to provide performance experience; and to foster understanding and appreciation for the performing arts.

    $51,509 spent
    28% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $185,107.

02The organization over time

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.

100 = 20172017 Revenue 100 ($174k) Expenses 100 ($175k) Net assets 100 ($36k)2018 Revenue 150 ($262k) Expenses 143 ($250k) Net assets 132 ($47k)2019 Revenue 140 ($245k) Expenses 147 ($258k) Net assets 93 ($33k)2020 Revenue 99 ($173k) Expenses 82 ($144k) Net assets 173 ($62k)2024 Revenue 110 ($191k) Expenses 118 ($206k) Net assets -27 ($-9598)2025 Revenue 123 ($214k) Expenses 119 ($209k) Net assets -12 ($-4221)
201720182019202020242025
Revenue (123)Expenses (119)Net assets (-12)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $33k to $62k (+85%).

$36k
$47k
$33k
$62k
$-9598
$-4221
201720182019202020242025
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 28% · 2019 26%. Grants only. Government contracts and fees sit inside program revenue.

15% of IMAGINE BALLET THEATRE INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.

−$954
’17
$12k
’18
−$14k
’19
$28k
’20
−$15k
’24
$5k
’25
4.9
months of
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.

2018201920242025
Listed7888
Joined·+1·+0
No longer listed·0·0
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $3k → $11k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of IMAGINE BALLET THEATRE INC’s funders (the co-funder graph). 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

IMAGINE BALLET THEATRE INC leans on a few funders — its largest provides 73% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

73%
largest funder
99%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 99% — broadly stable.

“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.

Where its funders are

IMAGINE BALLET THEATRE INC draws 82% of its grant income from funders outside Utah, across 3 states in all.

IL
OR
UT

In-state vs out-of-state, by year

’17
’19
’23
Utah out of state home

Funder states come from each funder’s own filing. $283 arriving through sponsors registered in 1 state 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.

04Its place in the field

Against its field

IMAGINE BALLET THEATRE INC's funding base is broadening — from 1 funders to 2 as grant income climbed.

Operating margin3% · below the median
Months of reserve4.9mo · below the median
Revenue growth (annualized)3% · below the median

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Organizations like IMAGINE BALLET THEATRE INC

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 Utah

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 7%Fundraising 3%

Governance

7
board members
86%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

UT

Screen this organization

A dated, signed PDF of the compliance screen for IMAGINE BALLET THEATRE INC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 IMAGINE BALLET THEATRE INC?
IMAGINE BALLET THEATRE INC (Utah) receives grants from 4 organizations whose IRS filings report $42,876 to it, the largest being MARTHA & JOSEPH SCHRODT FAMILY FOUNDATION ($31,093). 3 of them have funded it in more than one year.
How many funders does IMAGINE BALLET THEATRE INC have?
IRS filings report 4 organizations giving $42,876 in grants to IMAGINE BALLET THEATRE INC, 3 of which have funded it in more than one year.
Who is the largest funder of IMAGINE BALLET THEATRE INC?
MARTHA & JOSEPH SCHRODT FAMILY FOUNDATION is the largest funder on record, with $31,093 in grants. The full list of funders is on this page.
How can an organization like IMAGINE BALLET THEATRE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Utah. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Imagine Ballet Theatre →

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 4 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 14, 2026. What this page cannot tell you · view filing