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Texas Ballet Theater
Texas Ballet Theater reported $22.7 million in revenue and $11.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.28 went to program services, $10.87 to management and general costs and $5.85 to fundraising. Its largest source of revenue was contributions and grants: 65.5% of the total. The highest compensation it reported for one person was $257,332 (ARTISTIC DIRECTOR). 4 people received more than $100,000 in reportable compensation. Revenue rose 71% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $23MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.3% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.9% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.8% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 65.5% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 33.1% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $257,332 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.18% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 4 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 26.6 | 36.6 |
| Independent voting board members Part VI 1a–1b | 52 of 52 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseTexas Ballet Theater provided 52 high quality ballet performances in dallas and fort worth, texas for 73,209 patrons during the fiscal year ended june 30, 2025. Included in the productions was "cinderella and family favorite "the nutcracker" by ben stevenson o.b.e. As well as a new choreography of "giselle" by artistic director timothy o'keefe
Texas Ballet Theater provided successful training programs, located in dallas, texas, fort worth, texas and richardson, texas for the performing arts with professional instruction and dance education. Approximately 1,088 students participated in the programs during the fiscal year ending june 30, 2025
Texas Ballet Theater's city dance program is a program created to enrich the lives of children in underserved communities across north texas and to develop artists, art patrons and leaders of the future by providing free after school ballet lessons to 1,415 1st - 4th graders in participating schools in crowley, dallas, fort worth, and grand prairie independent school districts. City dance served students in 62 north texas schools during the fiscal year ended june 30, 2025
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| ARTISTIC DIRECTOR Key employee, 40.00 hrs/week | $245,905 | $0 | $11,427 | $257,332 |
| EXECUTIVE DIRECTOR Key employee, 40.00 hrs/week | $240,706 | $0 | $10,792 | $251,498 |
| FINANCE DIRECTOR Highest compensated employee, 40.00 hrs/week | $124,347 | $0 | $7,691 | $132,038 |
| ARTISTIC DIRECTOR LAUREATE Highest compensated employee, 20.00 hrs/week | $125,008 | $0 | $0 | $125,008 |
4 people received more than $100,000 in reportable compensation from Texas Ballet Theater (Part VII, line 2). Compensation of current officers, directors and key employees totaled $530K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b52 · 52 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5348
- Volunteers Part I, line 630
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SCHAEFER ADVERTISING CO LTD Marketing consultant | $936,689 |
| PERFORMING ARTS OF FORT WORTH Fort worth performance expenses | $630,855 |
| AT&T PERFORMING ARTS CENTER Dallas performance expenses | $151,206 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
30 private foundations reported grants to Texas Ballet Theater totaling $770K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Texas Ballet Theater's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Texas Ballet Theater, you can publish a response that is linked from this page.
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Of every $100 Texas Ballet Theater spent in FY2025, $83.28 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- World War II TheatreNew Orleans, LA · revenue $23M · programs 97.1% · FY2025
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- Ballet WestSalt Lake City, UT · revenue $23M · programs 87.9% · FY2025
- Omaha Children's TrustOmaha, NE · revenue $23M · programs 44.4% · 2024
- Margaret Woodbury Strong MuseumRochester, NY · revenue $22M · programs 86.8% · 2025
All arts, culture & humanities charities · Largest charities in Texas
Questions people ask
How much of Texas Ballet Theater's spending goes to programs?
In the fiscal year ending June 30, 2025, Texas Ballet Theater reported that 83.3% of its $11.8 million in expenses went to program services, 10.9% to management and general and 5.8% to fundraising (Form 990, Part IX).
How much does Texas Ballet Theater pay its top executive?
The largest total compensation Texas Ballet Theater reported for one person in the fiscal year ending June 30, 2025 was $257,332, for the role of ARTISTIC DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Texas Ballet Theater get its money?
Of $22.7 million in revenue in the fiscal year ending June 30, 2025, 65.5% came from contributions and grants and 33.1% from program service revenue (Form 990, Part VIII).
Is Texas Ballet Theater a registered charity?
The IRS lists EIN 84-1622654 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202600729349300530 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511329349302591 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421149349302017 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331039349301953 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221039349301647 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110269349300936 · read the filing
All filings for EIN 84-1622654: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.