Pacific Northwest Ballet Association: $25.5M Revenue, $29.9M Expenses

Pacific Northwest Ballet Association 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: 59/100.

Pacific Northwest Ballet Association reported $25.5M 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. Pacific Northwest Ballet Association holds a moderate reserve position relative to its $29.9M in annual expenses — neither fragile nor a large surplus.

Revenue has been roughly stable over the five-year filing window. The pattern is normal for established organizations operating in a mature program area. Officer compensation is on the higher side of the band typical for nonprofits this size: $1.3M in total current-officer compensation against $25.5M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Pacific Northwest Ballet Association 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.