Ballet Theatre Foundation Inc: $35.9M Revenue, $55.2M Expenses

Ballet Theatre Foundation Inc earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 56/100.

Ballet Theatre Foundation Inc reported $35.9M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Operating reserves at Ballet Theatre Foundation Inc are adequate: the balance sheet covers a reasonable share of annual expenses, though not a deep multi-year cushion.

Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. Officer compensation is on the higher side of the band typical for nonprofits this size: $1.7M in total current-officer compensation against $35.9M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Ballet Theatre Foundation Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.