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Nonprofit · EIN 86-0557264

BALLET ARTS FOUNDATION

Tax-exempt · TUCSON, AZ 85716

Financials

$1.3M$1.1M2022$1.5M$1.3M2023$1.6M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of BALLET ARTS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$1,565,368$1,277,122$288,246$1,995,954$545,310$1,450,644
July 31, 2024990$1,482,443$1,258,185$224,258$1,718,814$556,416$1,162,398
July 31, 2023990$1,335,501$1,109,834$225,667$1,530,565$585,205$945,360
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$603,241
of which government grants
$11,100
Program service revenue
$955,880
Investment income
$37
Net income from fundraising events
-$3,726
Net income from sales of inventory
$9,936
Other revenue
$6,210

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$60,000
Other salaries and wages
$464,726
Salaries, compensation and benefits (total)
$586,498
Professional fundraising fees
$0
Accounting fees
$29,258
Occupancy
$140,672
Travel
$4,092
Depreciation
$28,130
Program services (functional)
$1,083,535
Management and general (functional)
$155,575
Fundraising (functional)
$38,012

Balance sheet and other

Total assets, start of year
$1,718,814
Total assets, end of year
$1,995,954
Total liabilities, end of year
$545,310
Net assets, end of year
$1,450,644
Land, buildings and equipment
$1,148,377
Net assets without donor restrictions
$1,450,644
Gross receipts
$1,605,755
Employees
28
Volunteers
30
Year formed
1986
State of legal domicile
AZ

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARGARET MULLINARTISTIC DIRECTOR
Officer
40$60,000
JIM ALLENDIRECTOR
Trustee or director
1$0
THOMAS ELLIOTDIRECTOR
Trustee or director
1$0
ROBERT FORTUNODIRECTOR
Trustee or director
1$0
THALIA ROOTDIRECTOR
Trustee or director
1$0
VIVIAN SCHWABDIRECTOR
Trustee or director
1$0
KAREN SIVERTDIRECTOR
Trustee or director
1$0
CAROL STURMANDIRECTOR
Trustee or director
1$0
VICTORIA VALTONDIRECTOR
Trustee or director
1$0
ANNE ELSBERRYPRESIDENT
Trustee or director, Officer
1$0
GUSTAVO CORTEVICE PRESIDENT, PRESIDENT ELECT
Trustee or director, Officer
1$0
SHERI FREYTREASURER
Trustee or director, Officer
1$0
ELIZABETH MIKESELLSECRETARY
Trustee or director, Officer
1$0
990 for the year ended July 31, 2024: 13 people
NameTitleHours / weekCompensation
MARGARET MULLINARTISTIC DIRECTOR
Officer
40$50,000
FLORENCE ADAMSONDIRECTOR
Trustee or director
1$0
FRANCES ALLENDIRECTOR
Trustee or director
1$0
JIM ALLENDIRECTOR
Trustee or director
1$0
JIM HORVATHDIRECTOR
Trustee or director
1$0
VIVIAN SCHWABDIRECTOR
Trustee or director
1$0
KAREN SIVERTDIRECTOR
Trustee or director
1$0
ABBOTT TAYLORDIRECTOR
Trustee or director
1$0
ANNE ELSBERRYPRESIDENT
Trustee or director, Officer
1$0
JAMES P ALLENIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0
GUSTAVO CORTEVICE PRESIDENT & PRESIDENT ELECT
Trustee or director, Officer
1$0
ELIZABETH MIKESELLVICE PRESIDENT
Trustee or director, Officer
1$0
SHERI FREYTREASURER
Trustee or director, Officer
1$0
990 for the year ended July 31, 2023: 15 people
NameTitleHours / weekCompensation
MARGARET MULLINARTISTIC DIRECTOR
Officer
40$35,336
FLORENCE ADAMSONDIRECTOR
Trustee or director
2$0
FRAN ALLENDIRECTOR
Trustee or director
2$0
JAMES ALLENDIRECTOR
Trustee or director
2$0
ROBERT ALPAUGHDIRECTOR
Trustee or director
5$0
GUSTAVO CORTEDIRECTOR
Trustee or director
2$0
JIM HORVATHDIRECTOR
Trustee or director
1$0
VIVIAN SCHWABDIRECTOR
Trustee or director
2$0
KAREN SIVERTDIRECTOR
Trustee or director
2$0
ABBOTT TAYLORDIRECTOR
Trustee or director
1$0
JAMES P ALLENPRESIDENT
Trustee or director, Officer
2$0
ANNE ELSBERRYSECRETARY
Trustee or director, Officer
2$0
NANCY CAUSBIETREASURER THRU 07/17/23
Trustee or director, Officer
5$0
SHERI FREYTREASURER AS OF 07/17/23
Trustee or director, Officer
2$0
ELIZABETH MIKESELLVICE PRESIDENT
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
200 S TUCSON BLVD, TUCSON, AZ 85716-5519
Principal officer (990 for 2024)
GUSTAVO CORTE, 200 S TUCSON BLVD, TUCSON, AZ 85716
Signed the 990
GUSTAVO CORTE, PRESIDENT
Phone
(520) 903-1445
Return prepared by
BEACHFLEISCHMAN PLLC

Mission

BALLET TUCSON IS DEDICATED TO BRINGING ICONIC, WORLD-CLASS DANCE PERFORMANCES AND RISING STAR ARTISTS TO TUCSON AND TO SHARING EXPLORATIVE EXPERIENCES THAT INSPIRE HOPE AND EXCITEMENT IN OUR COMMUNITY.

990 for the year ended July 31, 2025

Program accomplishments

  • SEE SCHEDULE O
    Expenses $1,083,535 · revenue $965,816

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
86-0557264
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1987
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,995,954
Income (IRS master file)
$1,605,755

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$1,565,368$1,277,122$1,995,954XML
990July 2024$1,482,443$1,258,185$1,718,814XML
990July 2023$1,335,501$1,109,834$1,530,565XML
990July 2022$1,482,313$907,924$1,319,693IRS
990July 2021–––IRS
990July 2020–––IRS
990July 2019–––IRS
990July 2018–––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 86-0557264).

Questions about BALLET ARTS FOUNDATION

What is the EIN of BALLET ARTS FOUNDATION?
The employer identification number (EIN) of BALLET ARTS FOUNDATION is 86-0557264.
Is BALLET ARTS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to BALLET ARTS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BALLET ARTS FOUNDATION 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 BALLET ARTS FOUNDATION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BALLET ARTS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of BALLET ARTS FOUNDATION?
The 990 for the year ended July 31, 2025 names GUSTAVO CORTE.
Who are the officers and directors of BALLET ARTS FOUNDATION?
The 990 for the year ended July 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $60,000 (MARGARET MULLIN, ARTISTIC DIRECTOR).
How much revenue does BALLET ARTS FOUNDATION have?
On its 990 for the year ended July 31, 2025 it reported revenue of $1,565,368, expenses of $1,277,122 and total assets of $1,995,954 at year end.

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