Civic Intelligence

Ballet Taos Inc

EIN 85-3673228 • 501(c)3 • Taos, NM

Profile

The mission of ballet taos is to bring classical and contemporary dance to taos and surrounding communities throughout northern new mexico. We do this via our academy (k-8), our pre-professional program, our summer company, and our community outreach initiative, project relev. Each facet supports, educates, and inspires the next.

1037 Calle Del SolTaos, NM 87571

www.ballettaos.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.10x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.01x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

58th percentile

6.1%

Higher net margin than 58% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

98th percentile

$52,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 42.5% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

91st percentile

81%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

5.5%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$21,778

Up $9,763 (+81%) from 2023

Liabilities

Down

$2,192

Down $958 (-30%) from 2023

Net Assets

Up

$19,586

Up $11,361 (+138%) from 2023

Revenue

Up

$175,941

Up $9,134 (+5.5%) from 2023

Expenses

Up

$165,220

Up $1,655 (+1.0%) from 2023

Net Income

Up

$10,721

Up $7,479 (+231%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2021: $41,350Liabilities 2021: $4,543Net Assets 2021: $36,8072021Assets 2022: $8,663Liabilities 2022: $3,678Net Assets 2022: $4,9852022Assets 2023: $12,015Liabilities 2023: $3,150Net Assets 2023: $8,2252023Assets 2024: $21,778Liabilities 2024: $2,192Net Assets 2024: $19,5862024

Highlighted filing

2024

Assets$21,778
Liabilities$2,192
Net Assets$19,586

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2021: $101,874Expenses 2021: $67,415Net Income 2021: $34,4592021Revenue 2022: $122,455Expenses 2022: $154,277Net Income 2022: -$31,8222022Revenue 2023: $166,807Expenses 2023: $163,565Net Income 2023: $3,2422023Revenue 2024: $175,941Expenses 2024: $165,220Net Income 2024: $10,7212024

Highlighted filing

2024

Revenue$175,941
Expenses$165,220
Net Income$10,721

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.0
Gross Receipts
$175,941
Mission and Program Overview

Mission

The mission of ballet taos is to bring classical and contemporary dance to taos and surrounding communities throughout northern new mexico. We do this via our academy (k-8), our pre-professional program, our summer company, and our community outreach initiative, project relev. Each facet supports, educates, and inspires the next.

Program Services

DescriptionGrantsExpenses
OUR PROFESSIONAL COMPANY PROMOTES INNOVATION, COLLABORATION, AND DIVERSITY THROUGH ORIGINAL PERFORMANCES OF CLASSICAL AND CONTEMPORARY DANCE DESIGNED TO MOVE AUDIENCES. BALLET TAOS DANCERS CONTINUE TO TRAIN WITH WORLD-RENOWNED FACULTY TO CREATE RELEVANT AND INSPIRING WORK. WE ENCOURAGE OUR DANCERS TO GIVE BACK TO THEIR ROOTS, MENTOR THE NEXT GENERATION OF DANCE, HONOR TRADITION, AND ADVANCE PROGRESSIVE IDEAS IN CHOREOGRAPHY AND TEACHING. WE ARE EXCITED TO LAUNCH OUR SUMMER COMPANY PROJECT IN 2022 COMPRISED OF DANCERS FROM OUR REGION, THAT WILL PERFORM AND TOUR ESSENTIAL WORK, SEEDING A LINEAGE OF DANCE IN NORTHERN NEW MEXICO. OUR ACADEMY PROVIDES EXCEPTIONAL DANCE TRAINING ROOTED IN THE CLASSICAL TRADITION THAT PREPARES STUDENTS FOR HIGHER EDUCATION OR PROFESSIONAL CAREERS IN DANCE AND THE ARTS. WE ENCOURAGE A SMART WORK ETHIC IN YOUNG DANCERS WITH A FOCUS ON MINDFULNESS AND WELL-BEING WHICH RESULTS IN CAREER LONGEVITY. WE ACTIVELY NURTURE A COLLABORATIVE SPACE FOR DANCERS TO DISCOVER INNOVATIVE CHOREOGRAPHY THAT INTEGRATES ALL GENRES OF ART AND ESTABLISHES A POSITIVE RELATIONSHIP WITH OUR COMMUNITY. WE PRESENT DANCERS WITH THE OPPORTUNITY TO PERFORM A DIVERSE REPERTOIRE OF CLASSICAL AND CONTEMPORARY WORK CREATED TO CHALLENGE THEM AND EXHILARATE AUDIENCES. OUR OUTREACH PROGRAM, PROJECT RELEV, EXISTS TO ENSURE THE FUTURE OF DANCE IN OUR COMMUNITY BY INSTILLING AN APPRECIATION FOR THE ARTS THROUGH PROGRESSIVE PRESENTATIONS IN PUBLIC SCHOOLS AND CLASSES OPEN TO ALL AGES AND ABILITIES.-$102,032
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MEGAN YACKOArtistic DirectorFT$52,000-$52,000
CYNTHIA GONZALESTreasurer &-$0--
KATE MARTINSecretary-$0--
RHEA FULLBRIGHTPresident &-$0--
ALISON HANEYVice Preside-$0--
Filing and Contact Details

Filer

Filer Name
Ballet Taos Inc
EIN
85-3673228
Phone
5757799128
Address
1037 CALLE DEL SOL, TAOS, NM 87571

Signing Officer

Name
Megan Yacko
Title
Artistic Director
Phone
5757799128
Signed
2025-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Rio Grande CPA Pc
Address
1210 SALAZAR RD STE B, TAOS, NM 87571-5178
Preparer
Sierra Duran CPA
Phone
5752243189
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 1,211 office supplies and software 6,451 travel 897 insurance 307 bank charges and fees 207 business meals 535 performance purchases 46,681 student uniforms 225 supplies 357 taxes and licenses 85 total 56,956

Form 990-ez, Part II, Line 26

Payroll liabilities 1,015 257 loans 2,135 1,935

Form 990-ez, Part III

The mission of ballet taos is to bring classical and contemporary dance to taos and surrounding communities throughout northern new mexico. We do this via our academy (k-8), our pre-professional program, our summer company, and our community outreach initiative, project relev. Each facet supports, educates, and inspires the next.

Form 990-ez, Part III, Line 28

Our professional company promotes innovation, collaboration, and diversity through original performances of classical and contemporary dance designed to move audiences. Ballet taos dancers continue to train with world-renowned faculty to create relevant and inspiring work. We encourage our dancers to give back to their roots, mentor the next generation of dance, honor tradition, and advance progressive ideas in choreography and teaching. We are excited to launch our summer company project in 2022 comprised of dancers from our region, that will perform and tour essential work, seeding a lineage of dance in northern new mexico. Our academy provides exceptional dance training rooted in the classical tradition that prepares students for higher education or professional careers in dance and the arts. We encourage a smart work ethic in young dancers with a focus on mindfulness and well-being which results in career longevity. We actively nurture a collaborative space for dancers to discover innovative choreography that integrates all genres of art and establishes a positive relationship with our community. We present dancers with the opportunity to perform a diverse repertoire of classical and contemporary work created to challenge them and exhilarate audiences. Our outreach program, project relev, exists to ensure the future of dance in our community by instilling an appreciation for the arts through progressive presentations in public schools and classes open to all ages and abilities.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,211 OFFICE SUPPLIES AND SOFTWARE 6,451 TRAVEL 897 INSURANCE 307 BANK CHARGES AND FEES 207 BUSINESS MEALS 535 PERFORMANCE PURCHASES 46,681 STUDENT UNIFORMS 225 SUPPLIES 357 TAXES AND LICENSES 85 TOTAL 56,956
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAYROLL LIABILITIES 1,015 257 LOANS 2,135 1,935
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MISSION OF BALLET TAOS IS TO BRING CLASSICAL AND CONTEMPORARY DANCE TO TAOS AND SURROUNDING COMMUNITIES THROUGHOUT NORTHERN NEW MEXICO. WE DO THIS VIA OUR ACADEMY (K-8), OUR PRE-PROFESSIONAL PROGRAM, OUR SUMMER COMPANY, AND OUR COMMUNITY OUTREACH INITIATIVE, PROJECT RELEV. EACH FACET SUPPORTS, EDUCATES, AND INSPIRES THE NEXT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUR PROFESSIONAL COMPANY PROMOTES INNOVATION, COLLABORATION, AND DIVERSITY THROUGH ORIGINAL PERFORMANCES OF CLASSICAL AND CONTEMPORARY DANCE DESIGNED TO MOVE AUDIENCES. BALLET TAOS DANCERS CONTINUE TO TRAIN WITH WORLD-RENOWNED FACULTY TO CREATE RELEVANT AND INSPIRING WORK. WE ENCOURAGE OUR DANCERS TO GIVE BACK TO THEIR ROOTS, MENTOR THE NEXT GENERATION OF DANCE, HONOR TRADITION, AND ADVANCE PROGRESSIVE IDEAS IN CHOREOGRAPHY AND TEACHING. WE ARE EXCITED TO LAUNCH OUR SUMMER COMPANY PROJECT IN 2022 COMPRISED OF DANCERS FROM OUR REGION, THAT WILL PERFORM AND TOUR ESSENTIAL WORK, SEEDING A LINEAGE OF DANCE IN NORTHERN NEW MEXICO. OUR ACADEMY PROVIDES EXCEPTIONAL DANCE TRAINING ROOTED IN THE CLASSICAL TRADITION THAT PREPARES STUDENTS FOR HIGHER EDUCATION OR PROFESSIONAL CAREERS IN DANCE AND THE ARTS. WE ENCOURAGE A SMART WORK ETHIC IN YOUNG DANCERS WITH A FOCUS ON MINDFULNESS AND WELL-BEING WHICH RESULTS IN CAREER LONGEVITY. WE ACTIVELY NURTURE A COLLABORATIVE SPACE FOR DANCERS TO DISCOVER INNOVATIVE CHOREOGRAPHY THAT INTEGRATES ALL GENRES OF ART AND ESTABLISHES A POSITIVE RELATIONSHIP WITH OUR COMMUNITY. WE PRESENT DANCERS WITH THE OPPORTUNITY TO PERFORM A DIVERSE REPERTOIRE OF CLASSICAL AND CONTEMPORARY WORK CREATED TO CHALLENGE THEM AND EXHILARATE AUDIENCES. OUR OUTREACH PROGRAM, PROJECT RELEV, EXISTS TO ENSURE THE FUTURE OF DANCE IN OUR COMMUNITY BY INSTILLING AN APPRECIATION FOR THE ARTS THROUGH PROGRESSIVE PRESENTATIONS IN PUBLIC SCHOOLS AND CLASSES OPEN TO ALL AGES AND ABILITIES.
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