Arts, Culture & Humanities
(A620)
IRS Verified
DX Registered
990 on File
NEVADA BALLET THEATRE
Financial strength (30%)
78/100
Reliability (20%)
79/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
23
CharityAI™ Score
out of 100
Mission Statement
The mission of NBT is to educate and inspire statewide, regional, and national audiences and vitally impact community life through professional company productions, dance training, and Community Education. Nevada Ballet Theatre is the Resident Ballet Company of The Smith Center for the Performing Arts.
Financial Overview — FY 2024
$7.7M
Total Revenue
$6.5M
Total Expenses
$13.9M
Net Assets
125
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
72.2%
Fundraising Efficiency
168.5%
Operating Reserve
25.61x
Liability-to-Asset
3.2%
Revenue Diversification
54.3%
Executive Compensation
$402K
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
72.2% | 77.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.0% | 14.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.8% | 5.4% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
168.5% | 240.4% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
25.6 mo | 16.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.2% | 10.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
54.3% | 74.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-1.6% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1.1% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
15.3% | -0.5% |
P10P90
|
CharityAI™ Evaluation — 2025
23 / 1000
Financial
59
Reliability
33
Effectiveness
10
Impact
Financial Strength (30%)
0
Reliability & Transparency (20%)
59
Program Effectiveness (25%)
33
Impact & Outcomes (25%)
10
0 programs
IRS Verified 80% Data Complete
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $7.7M | $6.5M | $13.9M | 72.2% | 125 |
| 2023 | $7.8M | $6.5M | $12.6M | 72.6% | 110 |
| 2022 | $10.5M | $5.0M | N/A | — | 73 |
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