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Washington · Nonprofit

OLYMPIC BALLET THEATRE

OLYMPIC BALLET THEATRE (Washington) receives grants from 6 organizations whose IRS filings report $75,816 to it, the largest being ARTSFUND ($45,000). 3 of them have funded it in more than one year.

Revenue FY2025
$416k
Funders on record
6
Grants received
$76k
Net assets
$210k
3/6 repeat funderspeak grant-dependency 15%
01What it does

What Olympic Ballet Theatre does

Mission

Olympic Ballet Theatre's mission is to develop, sustain, and provide professional dance to public and school audiences in the Puget Sound area, to promote dance as a creative performing art, and to engage the widest possible audience with a stimulating repertoire of classical, contemporary, and dramatic ballet

As stated on its FY2025 Form 990.

Programs

  1. Nutcracker Ballet - consists of shows in the Puget Sound area including shows to the public and to school audiences.

    $137,779 spent$246,640 earned by the program
    43% of program spending
  2. Spring Show - Consists of a full-length production of 'Coppelia' presented to public audiences in the Puget Sound area

    $62,158 spent$33,642 earned by the program
    20% of program spending
  3. Summer Program Consists of traditional and new ballet and dance pieces by guest choreographers that showcase Olympic Ballet Theatre's company dancers as well as up and coming talent from Olympic Ballet School's Summer Intensive training program.

    $53,868 spent$15,632 earned by the program
    17% of program spending
  4. Winter Show - Consists of new (Debuts) contemporary and traditional ballet pieces by guest choreographers presented to public audiences in the Puget Sound area

    $64,463 spent$9,073 earned by the program
    20% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $318,268.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended.

100 = 20212021 Revenue 100 ($156k) Expenses 100 ($106k) Net assets 100 ($336k)2022 Revenue 214 ($333k) Expenses 363 ($386k) Net assets 80 ($268k)2023 Revenue 287 ($447k) Expenses 395 ($420k) Net assets 88 ($295k)2024 Revenue 242 ($377k) Expenses 426 ($453k) Net assets 65 ($219k)2025 Revenue 268 ($416k) Expenses 399 ($425k) Net assets 63 ($210k)
20212022202320242025
Revenue (268)Expenses (399)Net assets (63)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $329k to $232k (−30%).

$352k
$280k
$329k
$232k
$240k
20212022202320242025
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.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 4% · 2023 14% · 2024 4% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

$49k
’21
−$53k
’22
$27k
’23
−$76k
’24
−$8k
’25
3.2
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.

2022202320242025
Listed10101212
Joined·+2+4+1
No longer listed·221
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $750 → $23k.

4 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 34% 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 OLYMPIC BALLET THEATRE’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

OLYMPIC BALLET THEATRE leans on a few funders — its largest provides 59% of grant income and the top three 91%; half comes from just 1 funder.

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

93% 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 OLYMPIC BALLET THEATRE.

59%
largest funder
91%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2020 98% · 2021 99% · 2022 95% · 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

90% of OLYMPIC BALLET THEATRE's grant income comes from Washington funders.

WA
TX

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

’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $26k arriving through sponsors registered in 3 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.

04Its place in the field

Organizations like OLYMPIC BALLET THEATRE

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 Washington

Nationally

05Profile & governance

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

Where the money goes

75% of spending goes to programs.

Program 75%Management 25%Fundraising 0%

Governance

11
board members
82%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

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

Screen this organization

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

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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 OLYMPIC BALLET THEATRE?
OLYMPIC BALLET THEATRE (Washington) receives grants from 6 organizations whose IRS filings report $75,816 to it, the largest being ARTSFUND ($45,000). 3 of them have funded it in more than one year.
How many funders does OLYMPIC BALLET THEATRE have?
IRS filings report 6 organizations giving $75,816 in grants to OLYMPIC BALLET THEATRE, 3 of which have funded it in more than one year.
Who is the largest funder of OLYMPIC BALLET THEATRE?
ARTSFUND is the largest funder on record, with $45,000 in grants. The full list of funders is on this page.
How can an organization like OLYMPIC BALLET THEATRE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. 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 Olympic 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 2021–2025), and the filings of 6 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