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Colorado Ballet

Denver, CO · EIN 84-6038137 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Colorado Ballet reported $17.6 million in revenue and $17.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $78.10 went to program services, $17.89 to management and general costs and $4.01 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 58.9% of the total. Government grants made up 8.3%. The highest compensation it reported for one person was $342,900 (ARTISTIC DIRECTOR). 6 people received more than $100,000 in reportable compensation. Revenue rose 79% 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 $17M

For 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 $18M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
78.1%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
17.9%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
4.0%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.11$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
36.8%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
8.3%1.7%
Program service revenue share
Part VIII 2g ÷ 12
58.9%20.8%
Highest reported compensation
Part VII-A, columns D–F
$342,900$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.97%2.03%
People paid over $100,000
Part VII, line 2
68
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
11.636.6
Independent voting board members
Part VI 1a–1b
30 of 30100.0%

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 expense
$11M expenses · 80.4% of program spending · grants $2.3M · revenue $7.4M

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

$2.7M expenses · 19.6% of program spending · grants $336K · revenue $3.2M

Education 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…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
ARTISTIC DIRECTOR
Officer, 40.00 hrs/week
$313,939$0$28,961$342,900
EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$208,998$0$2,380$211,378
CHIEF ADVANCEMENT OFFICER
Key employee, 40.00 hrs/week
$173,303$0$5,582$178,885
DIRECTOR OF MARKETING & COMMUNICATIONS
Highest compensated employee, 40.00 hrs/week
$116,711$0$10,382$127,093
DIRECTOR OF ACADEMY
Highest compensated employee, 44.28 hrs/week
$109,465$0$13,482$122,947
DIRECTOR OF ACCOUNTING
Highest compensated employee, 41.19 hrs/week
$105,963$0$7,101$113,064

6 people received more than $100,000 in reportable compensation from Colorado Ballet (Part VII, line 2). Compensation of current officers, directors and key employees totaled $645K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$18M$17M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$18M$17M78.1%$17M$342,900
FY2024 ⓘ$14M$16M75.0%$16M$300,752
FY2023 ⓘ$16M$13M71.5%$17M$258,453
FY2022 ⓘ$16M$11M72.7%$15M$291,443
FY2021 ⓘ$6.8M$4.8M67.8%$10M$220,171
FY2020 ⓘ$9.8M$9.4M72.8%$8.1M$250,675

Governance 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–1b30 · 30 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 2No
  • 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 26No
  • 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 5343
  • Volunteers Part I, line 6169

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
AMERICAN HARLEQUIN CORPORATION
Flooring and installation
$327,981
THE ABER GROUP INC
Marketing agency
$210,671
MERIPLEX SOLUTIONS LLC LP
It support
$114,561

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

18 private foundations reported grants to Colorado Ballet totaling $298K 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 Colorado Ballet's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Colorado Ballet, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in Colorado

Questions people ask

How much of Colorado Ballet's spending goes to programs?

In the fiscal year ending June 30, 2025, Colorado Ballet reported that 78.1% of its $17.4 million in expenses went to program services, 17.9% to management and general and 4.0% to fundraising (Form 990, Part IX).

How much does Colorado Ballet pay its top executive?

The largest total compensation Colorado Ballet reported for one person in the fiscal year ending June 30, 2025 was $342,900, for the role of ARTISTIC DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Colorado Ballet get its money?

Of $17.6 million in revenue in the fiscal year ending June 30, 2025, 36.8% came from contributions and grants (including 8.3% from government grants) and 58.9% from program service revenue (Form 990, Part VIII).

Is Colorado Ballet a registered charity?

The IRS lists EIN 84-6038137 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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 202611359349312266 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511349349306956 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411299349303701 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349305729 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349307156 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100969349300330 · read the filing

All filings for EIN 84-6038137: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.