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Olympic Ballet Theatre

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237150349 ✦ Edmonds, WA ✦ Designated as a 501(c)(3)

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Overview

What is Olympic Ballet Theatre?

The Olympic Ballet Theatre, situated in Edmonds, Washington, is a nonprofit organization with a focus on dance. Their primary mission is to offer professional ballet performances to both public and school audiences in the Puget Sound area. They strive to promote dance as an expressive and captivating art form, and aim to engage a diverse audience with a captivating blend of classical, contemporary, and dramatic ballet productions. Their activities include presenting shows to various audiences, including public spectators and school groups, in the Puget Sound region. The organization is staffed by a team of four dedicated individuals.


Official website here: www.olympicballet.com

Is Olympic Ballet Theatre legitimate?

Olympic Ballet Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olympic Ballet Theatre submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,008

For more financial information, click here


Official website here: www.olympicballet.com

What is the mission statement of Olympic Ballet Theatre?

The Olympic Ballet Theatre's mission is centered around developing, preserving, and presenting professional dance performances to both public and educational audiences in the Puget Sound area. The organization aims to foster an appreciation for dance as a creative and expressive art form. To achieve this, they strive to engage the broadest possible audience with a captivating repertoire that encompasses classical, contemporary, and dramatic ballet productions.


Official website here: www.olympicballet.com

Who is the CEO of Olympic Ballet Theatre?

Marilla Sargent is the President of Olympic Ballet Theatre.


Official website here: www.olympicballet.com

What is the revenue of Olympic Ballet Theatre?

Olympic Ballet Theatre's revenue in 2023 was $447,231.


Official website here: www.olympicballet.com

Who are the executives of Olympic Ballet Theatre and what are their salaries?

The average compensation at Olympic Ballet Theatre during 2023 was $13,752. There are 4 employees and 125 volunteers at Olympic Ballet Theatre.


Here are 10 key members and their salaries:


Oleg Gorboulev (Co-Artistic Director)
  • Compensation: $13,200
  • Related: $0
  • Other: $0
Mara Vinson (Co-Artistic Director)
  • Compensation: $13,200
  • Related: $0
  • Other: $0
Marilla Sargent (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Kuechle (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Hui (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Cancler (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Christian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William C Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lars Christian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Kegley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.olympicballet.com

Where can I find the form 990 for Olympic Ballet Theatre?

Olympic Ballet Theatre's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.olympicballet.com

Learn more at the official website: www.olympicballet.com

Mission Statement of Olympic Ballet Theatre

Olympic Ballet Theatre, a renowned organization, is committed to a threefold mission. Their primary objective is to cultivate and maintain a professional dance ensemble, presenting their art to both public and educational audiences within the Puget Sound region. They also strive to elevate dance as a captivating and creative form of performing art. Lastly, they aim to captivate a broad audience by offering a diverse repertoire of classical, contemporary, and dramatic ballet performances. By engaging with this stimulating selection of ballets, the organization aspires to attract a wide range of spectators.

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Impact




October, 2024

Olympic Ballet Theatre plays a vital role in enriching the cultural landscape of the Puget Sound area by providing access to professional dance performances and educational opportunities. Through performances, such as their annual Nutcracker Ballet, they engage both public and school audiences, fostering a love and appreciation for the performing arts. Their commitment to presenting a diverse repertoire that includes classical, contemporary, and dramatic ballet attracts a wide range of participants and spectators, making dance an accessible and enriching experience for the community.

By promoting the art of dance as a creative expression, Olympic Ballet Theatre not only showcases emerging talent and professional dancers but also stimulates interest and appreciation for the performing arts among younger generations. Their educational outreach initiatives ensure that students have the opportunity to experience live performances, which can inspire creativity and foster a deeper understanding of the art form. In doing so, they contribute to a vibrant arts culture in the region, demonstrating the significance of dance as a means of storytelling and emotional expression.




This information is meant to be a general summary of Olympic Ballet Theatre. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$447,231 (2023)
Expenses
$420,193 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,801
  • Program Service Revenue: $251,199
  • Gross Receipts: $477,645

Assets and Liabilities:

  • Total Assets: $329,266
  • Total Liabilities: $34,614
  • Net Assets: $294,652

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Nutcracker

Revenue

$183,594

Winter Show

Revenue

$8,176

Spring Show

Revenue

$48,755

Summer Show

Revenue

$5,674

Fall Show

Revenue

$5,000

Organization Details

Founding Year

1970

Principal Officer

Marilla Sargent

Main Address

700 Main Street, Edmonds, WA, 98020

NTEE Category

Code: A63 - Arts

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