Nonprofit · EIN 23-7150349
OLYMPIC BALLET THEATRE
Tax-exempt · EDMONDS, WA 98020
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $416,436 | $424,910 | -$8,474 | $239,692 | $29,268 | $210,424 |
| August 31, 2024 | 990 | $377,084 | $452,838 | -$75,754 | $232,120 | $13,222 | $218,898 |
| August 31, 2023 | 990 | $447,231 | $420,193 | $27,038 | $329,266 | $34,614 | $294,652 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $100,557
- of which government grants
- $4,540
- Program service revenue
- $304,987
- Investment income
- $880
- Other revenue
- $10,012
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $45,568
- Salaries, compensation and benefits (total)
- $58,909
- Professional fundraising fees
- $0
- Occupancy
- $97,901
- Depreciation
- $41,311
- Program services (functional)
- $318,268
- Management and general (functional)
- $106,642
Balance sheet and other
- Total assets, start of year
- $232,120
- Total assets, end of year
- $239,692
- Total liabilities, end of year
- $29,268
- Net assets, end of year
- $210,424
- Land, buildings and equipment
- $106,876
- Gross receipts
- $475,814
- Employees
- 7
- Volunteers
- 125
- Year formed
- 1970
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Oleg Gorboulev | Co-Artistic Director Trustee or director, Officer | 20 | $13,200 |
| Mara Vinson | Co-Artistic Director Trustee or director, Officer | 20 | $13,200 |
| Marilla Sargent | President Trustee or director, Officer | 1 | $0 |
| Kelly Hui | Secretary Trustee or director, Officer | 2 | $0 |
| Suzanne Cancler | Treasurer Trustee or director, Officer | 4 | $0 |
| Sylvia Christian | Director Trustee or director | 1 | $0 |
| William C Jones | Director Trustee or director | 1 | $0 |
| Lars Christian | Director Trustee or director | 1 | $0 |
| Derek Thurmer | Director Trustee or director | 1 | $0 |
| Elizabeth Fitzpatrick | Director Trustee or director | 1 | $0 |
| Kara McDermott | Director Trustee or director | 1 | $0 |
| Alicia Kikuchi | Director Trustee or director | 1 | $0 |
990 for the year ended August 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Oleg Gorboulev | Co-Artistic Director Trustee or director, Officer | 20 | $13,200 |
| Mara Vinson | Co-Artistic Director Trustee or director, Officer | 20 | $13,200 |
| Marilla Sargent | President Trustee or director, Officer | 1 | $0 |
| Kelly Hui | Secretary Trustee or director | 2 | $0 |
| Suzanne Cancler | Treasurer Trustee or director, Officer | 4 | $0 |
| Sylvia Christian | Director Trustee or director | 1 | $0 |
| William C Jones | Director Trustee or director | 1 | $0 |
| Lars Christian | Director Trustee or director | 1 | $0 |
| Derek Thurmer | Director Trustee or director | 1 | $0 |
| Elizabeth Fitzpatrick | Director Trustee or director | 1 | $0 |
| Kara McDermott | Director Trustee or director | 1 | $0 |
| Royce Napolitino | Director Trustee or director | 1 | $0 |
990 for the year ended August 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Oleg Gorboulev | Co-Artistic Director Trustee or director, Officer | 20 | $13,200 |
| Mara Vinson | Co-Artistic Director Trustee or director, Officer | 20 | $13,200 |
| Marilla Sargent | President Trustee or director, Officer | 1 | $0 |
| Melanie Kuechle | Vice President Trustee or director, Officer | 1 | $0 |
| Kelly Hui | Secretary Trustee or director, Officer | 2 | $0 |
| Suzanne Cancler | Treasurer Trustee or director, Officer | 4 | $0 |
| Sylvia Christian | Director Trustee or director | 1 | $0 |
| William C Jones | Director Trustee or director | 1 | $0 |
| Lars Christian | Director Trustee or director | 1 | $0 |
| Amber Kegley | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 700 MAIN ST, EDMONDS, WA 98020-3032
- Principal officer (990 for 2024)
- Olympic Ballet Theatre, 700 Main Street, Edmonds, WA 98020
- Signed the 990
- Suzanne Cancler, Treasurer
- Phone
- (425) 774-7570
- Website
- www.olympicballet.com
Mission
Olympic Ballet Theatre's mission is to develop, sustain, and provide professional dance to public and school audiences in the Puget Sound area, to promote dance as a creative performing art, and to engage the widest possible audience with a stimulating repertoire of classical, contemporary, and dramatic ballet
Program accomplishments
- Nutcracker Ballet - consists of shows in the Puget Sound area including shows to the public and to school audiences.Expenses $137,779 · revenue $246,640
- Spring Show - Consists of a full-length production of 'Coppelia' presented to public audiences in the Puget Sound areaExpenses $62,158 · revenue $33,642
- Summer Program Consists of traditional and new ballet and dance pieces by guest choreographers that showcase Olympic Ballet Theatre's company dancers as well as up and coming talent from Olympic Ballet School's Summer Intensive training program.Expenses $53,868 · revenue $15,632
- Winter Show - Consists of new (Debuts) contemporary and traditional ballet pieces by guest choreographers presented to public audiences in the Puget Sound areaExpenses $64,463 · revenue $9,073
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 23-7150349
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1972
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $239,692
- Income (IRS master file)
- $475,814
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $416,436 | $424,910 | $239,692 | XML |
| 990 | August 2024 | $377,084 | $452,838 | $232,120 | XML |
| 990 | August 2023 | $447,231 | $420,193 | $329,266 | XML |
| 990 | August 2022 | $332,657 | $386,081 | $280,060 | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7150349).
Questions about OLYMPIC BALLET THEATRE
- What is the EIN of OLYMPIC BALLET THEATRE?
- The employer identification number (EIN) of OLYMPIC BALLET THEATRE is 23-7150349.
- Is OLYMPIC BALLET THEATRE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to OLYMPIC BALLET THEATRE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OLYMPIC BALLET THEATRE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OLYMPIC BALLET THEATRE due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OLYMPIC BALLET THEATRE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of OLYMPIC BALLET THEATRE?
- The 990 for the year ended August 31, 2025 names Olympic Ballet Theatre.
- Who are the officers and directors of OLYMPIC BALLET THEATRE?
- The 990 for the year ended August 31, 2025 lists 12 people; 2 received compensation from the organization, the highest $13,200 (Oleg Gorboulev, Co-Artistic Director).
- How much revenue does OLYMPIC BALLET THEATRE have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $416,436, expenses of $424,910 and total assets of $239,692 at year end.
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