Civic Intelligence

Ballet Works Inc.

990 • Fiscal year 2025 • EIN 41-1787932

Jul 01, 2024 to Jun 30, 2025 • Filed on Aug 14, 2025

100 N 6th St PO Box 3412Minneapolis, MN 55403

(651) 503-9984

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2025

Liabilities / Revenue

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

12th percentile

-36%

Higher net margin than 12% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

94th percentile

$54,150

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 12.9% of source-year revenue.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

3rd percentile

-100%

Faster asset growth than 3% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

23rd percentile

-21%

Faster revenue growth than 23% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$0

Down $151,298 (-100%) from 2024

Net Assets

Down

$0

Down $149,335 (-100%) from 2024

Liabilities

Down

$0

Down $1,963 (-100%) from 2024

Revenue

Down

$419,448

Down $112,715 (-21%) from 2024

Expenses

Up

$568,783

Up $11,779 (+2.1%) from 2024

Net Income

Down

-$149,335

Down $124,494 (-501%) from 2024

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $190,194Liabilities 2011: $1,563Net Assets 2011: $188,6312011Assets 2012: $508,689Liabilities 2012: $85,430Net Assets 2012: $423,2592012Assets 2013: $282,283Liabilities 2013: $74,562Net Assets 2013: $207,7212013Assets 2014: $573,790Liabilities 2014: $96,943Net Assets 2014: $476,8472014Assets 2015: $466,304Liabilities 2015: $53,304Net Assets 2015: $413,0002015Assets 2017: $311,531Liabilities 2017: $17,462Net Assets 2017: $294,0692017Assets 2018: $344,537Liabilities 2018: $36,303Net Assets 2018: $308,2342018Assets 2019: $251,734Liabilities 2019: $29,471Net Assets 2019: $222,2632019Assets 2020: $238,741Liabilities 2020: $79,012Net Assets 2020: $159,7292020Assets 2021: $370,638Liabilities 2021: $80,619Net Assets 2021: $290,0192021Assets 2022: $321,556Liabilities 2022: $14,418Net Assets 2022: $307,1382022Assets 2023: $179,331Liabilities 2023: $5,155Net Assets 2023: $174,1762023Assets 2024: $151,298Liabilities 2024: $1,963Net Assets 2024: $149,3352024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2025

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $762,6472011Expenses 2012: $770,0582012Expenses 2013: $862,3982013Revenue 2014: $1,289,318Expenses 2014: $1,024,657Net Income 2014: $264,6612014Revenue 2015: $872,647Expenses 2015: $925,901Net Income 2015: -$53,2542015Revenue 2017: $1,008,354Expenses 2017: $1,019,266Net Income 2017: -$10,9122017Revenue 2018: $833,390Expenses 2018: $819,225Net Income 2018: $14,1652018Revenue 2019: $694,832Expenses 2019: $780,803Net Income 2019: -$85,9712019Revenue 2020: $646,084Expenses 2020: $708,618Net Income 2020: -$62,5342020Revenue 2021: $573,393Expenses 2021: $443,103Net Income 2021: $130,2902021Revenue 2022: $591,481Expenses 2022: $574,362Net Income 2022: $17,1192022Revenue 2023: $448,323Expenses 2023: $581,285Net Income 2023: -$132,9622023Revenue 2024: $532,163Expenses 2024: $557,004Net Income 2024: -$24,8412024Revenue 2025: $419,448Expenses 2025: $568,783Net Income 2025: -$149,3352025

Highlighted filing

2025

Revenue$419,448
Expenses$568,783
Net Income-$149,335
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Aug 14, 2025
Return Version
2024v5.2
Gross Receipts
$428,081
Mission and Program Overview

Mission

To create and perform works that connect artists with audiences and to advance contemporary ballet.

To transform dance, artists and audiences through rich collaboration, education, and equitable opportunities

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$115,390$0▼ $115,390
Cash and Non-Interest-Bearing Accounts$32,694$0▼ $32,694
Land, Buildings, and Equipment, Net$1,453$0▼ $1,453
Total Assets$151,298$0▼ $151,298
Other Assets Total$1,761$0▼ $1,761
Liabilities
Accounts Payable and Accrued Expenses$1,963$0▼ $1,963
Total Liabilities$1,963$0▼ $1,963
Net Assets / Fund Balance
Net Assets With Donor Restrictions$133,252$0▼ $133,252
Net Assets Without Donor Restrictions$16,083$0▼ $16,083
Total Net Assets Fund Balance$149,335$0▼ $149,335
Total Liabilities and Net Assets / Fund Balance$151,298$0▼ $151,298

Asset Categories

AssetBook ValueDepreciationBasis
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Eve SchulteExecutive DirectorFT$54,150$54,150

Board Members and Trustees

NameTitle
Justina RobertsPresident
Martin RigneyVice President
GERALD TIMMPhDBoard Member
Holly ZiemerBoard Member
Jacqueline Griffith CrowleyBoard Member
James MccarthyBoard Member
Kim WitczakBoard Member
Lisa Maloney-vinzBoard Member
Michael SnowBoard Member
Sheila AsatoBoard Member
Tom AndersonBoard Member
Nancy Weingartner MonroeSecretary
Connie BeckTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$311,236
Program Service Revenue
$97,997
Investment Income
$10,215
Other Revenue
$0
All Other Contributions
$303,781
Change in Net Assets
$-149,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$439,953
Other Expenses$119,842
Total Fundraising Expense$109,028
Grants and Similar Amounts Paid$8,988
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$194,757$20,550$79,807$295,114
Current Officers, Directors, Trustees, and Key Employees$31,080$31,080$15,540$77,700
Occupancy$40,276$3,662$1,831$45,769
Payroll Taxes$25,382$6,754$3,377$35,513
Other Employee Benefits$20,277$7,566$3,783$31,626
Travel$22,639$476$715$23,830
Fees for Services Accounting$0$9,700$0$9,700
Advertising$9,492$0$0$9,492
Other Expenses$0$6,399$2,890$9,289
Grants to Domestic Orgs$8,988--$8,988
Information Technology$0$5,833$0$5,833
Office Expenses$3,710$153$149$4,012
Conferences and Meetings$0$2,050$0$2,050
Insurance$1,252$266$379$1,897
Total Functional Expenses$363,690$96,065$109,028$568,783
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$7,180
Fundraising Gross Income$7,180
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dancing Waters$14,635$7,180$489$6,691
None----
Total Events$14,635$7,180$7,180$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Ballet Works Inc
EIN
41-1787932
Phone
6515039984
Address
100 N 6th St PO Box 3412, MINNEAPOLIS, MN 55403
Doing Business As
James Sewell Ballet

Signing Officer

Name
Eve Schulte
Title
Executive Director
Phone
6515039984
Signed
2025-08-14
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Mn
Voting Board Members
14
Independent Board Members
13
Employees
13
Volunteers
0

Preparer

Firm
Landon C Scott PLLC
Address
8985 33rd St N, Lake Elmo, MN 55042
Preparer
Julie R Richardson CPA
Phone
6517748785
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Form 990 is presented and approved by the board of directors prior to filing.

Pt VI, Line 12C

All new directors are required to review a copy of the policy and acknowledge in writing that they have done so. Each director annually completes and signs a discloser identifying potential conflicts of interest.

Pt III, Line 3

Ballet works dissolved its operations on june 30, 2025

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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt016083
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01831
IRS990/OccupancyGrp/ManagementAndGeneralAmt03662
IRS990/OccupancyGrp/ProgramServicesAmt040276
IRS990/OccupancyGrp/TotalAmt045769
IRS990/OfficeExpensesGrp/FundraisingAmt0149
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0153
IRS990/OfficeExpensesGrp/ProgramServicesAmt03710
IRS990/OfficeExpensesGrp/TotalAmt04012
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01761
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03783
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07566
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020277
IRS990/OtherEmployeeBenefitsGrp/TotalAmt031626
IRS990/OtherExpensesGrp/Desc0PRODUCTION COSTS
IRS990/OtherExpensesGrp/Desc1PRINTING
IRS990/OtherExpensesGrp/Desc2HOSPITALITY
IRS990/OtherExpensesGrp/Desc3MISC
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt1557
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt32890
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11576
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt36399
IRS990/OtherExpensesGrp/ProgramServicesAmt02712
IRS990/OtherExpensesGrp/ProgramServicesAmt11584
IRS990/OtherExpensesGrp/ProgramServicesAmt21541
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt02712
IRS990/OtherExpensesGrp/TotalAmt13717
IRS990/OtherExpensesGrp/TotalAmt21541
IRS990/OtherExpensesGrp/TotalAmt39289
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt079807
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020550
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0194757
IRS990/OtherSalariesAndWagesGrp/TotalAmt0295114
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03377
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06754
IRS990/PayrollTaxesGrp/ProgramServicesAmt025382
IRS990/PayrollTaxesGrp/TotalAmt035513
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0115390
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0EVE SCHULTE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711120
IRS990/ProgramServiceRevenueGrp/BusinessCd1711120
IRS990/ProgramServiceRevenueGrp/BusinessCd2532000
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATION/OUTREACH
IRS990/ProgramServiceRevenueGrp/Desc2RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt082578
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110355
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25064
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0412238
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt014
IRS990/PYOtherExpensesAmt0153112
IRS990/PYOtherRevenueAmt01044
IRS990/PYProgramServiceRevenueAmt0118867
IRS990/PYRevenuesLessExpensesAmt0-24841
IRS990/PYSalariesCompEmpBnftPaidAmt0403892
IRS990/PYTotalExpensesAmt0557004
IRS990/PYTotalRevenueAmt0532163
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-149335
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0418209
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0311236
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0412238
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0344259
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0519892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0514987
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02102612
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01239
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0644
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01956
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65940
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.62890
IRS990ScheduleA/PublicSupportTotal170Amt01387664
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0714948
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0311236
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0412238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0344259
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0519892
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0514987
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02102612
IRS990ScheduleA/TotalSupportAmt02104568
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt07455
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt07455
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07180
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DANCING WATERS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0NONE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt04889
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt04889

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.42$0.57$0.15
2024Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.53$0.56$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.01$0.17$0.45$0.58$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.32$0.01$0.31$0.59$0.57$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.37$0.08$0.29$0.57$0.44$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.24$0.08$0.16$0.65$0.71$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.03$0.22$0.69$0.78$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.04$0.31$0.83$0.82$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.31$0.02$0.29$1.01$1.02$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.05$0.41$0.87$0.93$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.10$0.48$1.29$1.02$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.07$0.21$0.86
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.09$0.42$0.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.00$0.19$0.76
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2025 filings • 501(c)3 • <$500k nonprofits