Nevada · Nonprofit
NEVADA BALLET THEATRE INC
NEVADA BALLET THEATRE INC (Nevada) receives grants from 53 organizations whose IRS filings report $8,487,752 to it, the largest being Stella Roy Foundation ($2,106,000). 34 of them have funded it in more than one year.
- Revenue FY2025
- $7.7M
- Funders on record
- 53
- Grants received
- $8.5M
- Net assets
- $14M
What Nevada Ballet Theatre Inc does
Mission
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.
As stated on its FY2025 Form 990.
Programs
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.
$3,249,496 spent$2,835,167 earned by the program60% of program spendingThe 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.
$1,622,855 spent$1,411,589 earned by the program30% of program spendingNevada 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.
$558,773 spent10% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,431,124.
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 2022 to 2023, from $11M to $13M (+15%).
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: 2022 25%. Grants only. Government contracts and fees sit inside program revenue.
41% of NEVADA BALLET THEATRE INC’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 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.
Board chair
Jerry Nadal
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 10 funders to 25 funders, grant income rose $364k → $2.0M.
12 of 53 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% 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: $78k from 2 payers (the payer shares this organization's board, largest United Way Miami Inc). These are real filings, and they are not money NEVADA BALLET THEATRE INC raised.
From the IRS filings of NEVADA BALLET THEATRE INC’s funders (the co-funder graph). Top 30 of 53 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
NEVADA BALLET THEATRE INC has a broad base — no single funder exceeds 25% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
Largest funder’s share by year: 2017 29% · 2018 21% · 2019 21% · 2020 30% · 2021 34% · 2022 13% · 2023 51% — growing more concentrated.
“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
45% of NEVADA BALLET THEATRE INC'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
NEVADA BALLET THEATRE INC draws 55% of its grant income from funders outside Nevada, across 13 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $566k arriving through sponsors registered in 9 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
NEVADA BALLET THEATRE INC holds deeper cash reserves than three-quarters of the 3,430 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025
Organizations like NEVADA 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 Nevada
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
71% of spending goes to programs.
Governance
Public support
76%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Nevada Ballet Theatre Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for NEVADA 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.
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 NEVADA BALLET THEATRE INC?
- NEVADA BALLET THEATRE INC (Nevada) receives grants from 53 organizations whose IRS filings report $8,487,752 to it, the largest being Stella Roy Foundation ($2,106,000). 34 of them have funded it in more than one year.
- How many funders does NEVADA BALLET THEATRE INC have?
- IRS filings report 53 organizations giving $8,487,752 in grants to NEVADA BALLET THEATRE INC, 34 of which have funded it in more than one year.
- Who is the largest funder of NEVADA BALLET THEATRE INC?
- Stella Roy Foundation is the largest funder on record, with $2,106,000 in grants. The full list of funders is on this page.
- How can an organization like NEVADA BALLET THEATRE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Nevada. 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 Nevada 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 53 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