Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
Ballet West
EIN 87-0264274 • 501(c)3 • Salt Lake City, UT
Profile
Ballet West inspires and empowers a broad community locally and globally through exposure, training and education on the art of ballet.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.30x
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
73rd percentile
Higher net margin than 73% of similar nonprofits.
Top Officer Pay
62nd percentile
Higher top officer pay than 62% of similar nonprofits.
Top officer pay equals 1.4% of source-year revenue.
Asset Growth
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
46th percentile
Faster revenue growth than 46% of similar nonprofits.
Balance Sheet
Assets
Up$31,886,579
Up $4,657,097 (+17%) from 2024
Liabilities
Up$9,555,311
Up $601,699 (+6.7%) from 2024
Net Assets
Up$22,331,268
Up $4,055,398 (+22%) from 2024
Revenue
Up$22,524,125
Up $1,315,571 (+6.2%) from 2024
Expenses
Up$18,454,509
Up $133,854 (+0.7%) from 2024
Net Income
Up$4,069,616
Up $1,181,717 (+41%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $31,886,579
- Liabilities
- $9,555,311
- Net assets
- $22,331,268
- Revenue
- $22,524,125
- Expenses
- $18,454,509
- Net income
- $4,069,616
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Aug 1, 2024 to Jul 31, 2025
- Signed
- Dec 3, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $22,834,921
Mission and Program Overview
Mission
Ballet West inspires and empowers a broad community locally and globally through exposure, training and education on the art of ballet.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $10,698,310 | $10,919,835 | ▲ $221,525 |
| Savings and Temporary Cash Investments | $5,773,955 | $6,237,554 | ▲ $463,599 |
| Investments in Publicly Traded Securities | $4,042,985 | $4,731,566 | ▲ $688,581 |
| Pledges and Grants Receivable | $2,040,426 | $4,636,575 | ▲ $2,596,149 |
| Prepaid Expenses and Deferred Charges | $1,197,485 | $749,120 | ▼ $448,365 |
| Accounts Receivable | $125,503 | $208,704 | ▲ $83,201 |
| Cash and Non-Interest-Bearing Accounts | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $27,229,482 | $31,886,579 | ▲ $4,657,097 |
| Other Assets Total | $3,350,818 | $4,403,225 | ▲ $1,052,407 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $4,622,883 | $3,861,371 | ▼ $761,512 |
| Other Liabilities | $2,114,429 | $3,247,892 | ▲ $1,133,463 |
| Deferred Revenue | $1,182,230 | $1,276,627 | ▲ $94,397 |
| Accounts Payable and Accrued Expenses | $1,034,070 | $1,169,421 | ▲ $135,351 |
| Total Liabilities | $8,953,612 | $9,555,311 | ▲ $601,699 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $10,211,203 | $11,251,972 | ▲ $1,040,769 |
| Net Assets With Donor Restrictions | $8,064,667 | $11,079,296 | ▲ $3,014,629 |
| Total Net Assets Fund Balance | $18,275,870 | $22,331,268 | ▲ $4,055,398 |
| Total Liabilities and Net Assets / Fund Balance | $27,229,482 | $31,886,579 | ▲ $4,657,097 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $2,704,234 | $7,715,706 | $10,419,940 |
| Buildings | $5,663,127 | - | $5,663,127 |
| Equipment | $1,248,533 | - | $1,248,533 |
| Land | $757,910 | - | $757,910 |
| Leasehold Improvements | $546,031 | - | $546,031 |
| Other Assets Org | $2,900,874 | - | - |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $4,638,700 | $388,361 | ▲ $96,112 | - | $5,123,173 |
| 2023 | $3,442,653 | $700,000 | ▲ $496,047 | - | $4,638,700 |
| 2022 | $2,91 |