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Nonprofit · EIN 87-2464948

TERMINUS BALLET INC

Also known as TERMINUS MODERN BALLET THEATRE

Tax-exempt · DECATUR, GA 30033

Financials

$980K$1M2023$1.2M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of TERMINUS BALLET INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,174,000$1,195,765-$21,765$1,124,488$910,505$213,983
December 31, 2023990$980,484$1,043,726-$63,242$326,092$0$326,092
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$689,796
Program service revenue
$484,204
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$461,873
Salaries, compensation and benefits (total)
$461,873
Professional fundraising fees
$45,750
Accounting fees
$750
Occupancy
$169,886
Depreciation
$26,258
Program services (functional)
$897,191
Management and general (functional)
$143,501
Fundraising (functional)
$155,073

Balance sheet and other

Total assets, start of year
$326,092
Total assets, end of year
$1,124,488
Total liabilities, end of year
$910,505
Net assets, end of year
$213,983
Land, buildings and equipment
$975,327
Net assets without donor restrictions
$213,983
Gross receipts
$1,174,000
Employees
11
Year formed
2021
State of legal domicile
GA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CELESTE PENDAVISTrustee
Institutional trustee, Officer
2$0
DOUG PISIKChairman
Institutional trustee, Officer
2$0
STACY CRANETreasurer
Institutional trustee, Officer
2$0
LINDSEY VICTORSecretary
Institutional trustee, Officer
2$0
JANE BLOUNTTrustee
Institutional trustee
1$0
LALOHNI CAMPBELLTrustee
Institutional trustee
1$0
LYNN COCHRAN-SCHRODERTrustee
Institutional trustee
1$0
AMY NELSONVice Chairman
Institutional trustee
1$0
CAROLYN SHAPIROTrustee
Institutional trustee
1$0
MELISSA SIEGELMANTrustee
Institutional trustee
1$0
JOHN WELKERTrustee
Institutional trustee
70$0
CARYL SMITHTrustee
Institutional trustee
1$0
JAMES WEISTrustee
Institutional trustee
1$0
RACHEL VAN BUSKIRKTrustee
Institutional trustee
1$0
TARA LEETrustee
Institutional trustee
1$0
6 more people on this return
NameTitleHours / weekCompensation
CHRISTIAN CLARKTrustee
Institutional trustee
1$0
DOUG SHIPMANTrustee
Institutional trustee
1$0
GRETCHEN BUTLERTrustee
Institutional trustee
1$0
JUSTIN SULLIVANTrustee
Institutional trustee
1$0
SKYE BLEVINSTrustee
Institutional trustee
1$0
HEATH GILLTrustee
Institutional trustee
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
CELESTE PENDAVISChairman
Institutional trustee, Officer
2$0
DOUG PISIKVICE CHAIR
Institutional trustee, Officer
2$0
STACY CRANETreasurer
Institutional trustee, Officer
2$0
LINDSEY VICTORSecretary
Institutional trustee, Officer
2$0
JANE BLOUNTTrustee
Institutional trustee
1$0
LALOHNI CAMPBELLTrustee
Institutional trustee
1$0
LYNN COCHRAN-SCHRODERTrustee
Institutional trustee
1$0
AMY NELSONTrustee
Institutional trustee
1$0
CAROLYN SHAPIROTrustee
Institutional trustee
1$0
MELISSA SIEGELMANTrustee
Institutional trustee
1$0
JOHN WELKERPresident
Institutional trustee
70$0
CARYL SMITHTrustee
Institutional trustee
1$0
JAMES WEISTrustee
Institutional trustee
1$0
RACHEL VAN BUSKIRKTrustee
Institutional trustee
1$0
TARA LEETrustee
Institutional trustee
1$0
CHRISTIAN CLARKTrustee
Institutional trustee
1$0

Address and contacts

Address (IRS master file)
2652 WOODRIDGE DR, DECATUR, GA 30033-4836
Principal officer (990 for 2024)
JOHN WELKER, 2652 WOODRIDGE DRIVE, DECATUR, GA 300334836
Signed the 990
JOHN WELKER, President
Phone
(404) 441-9658
Return prepared by
Sharon C McKelvey CPA LLC

Mission

TERMINUS BALLET'S MISSION IS TO CREATE, PERFORM, AND PRODUCE HIGH QUALITY ORIGINAL BALLET THEATER PRODUCTIONS OPEN TO THE PUBLIC, OFFERS YEAR-ROUND BALLET CLASSES AND DANCE TRAINING TO CHILDREN AND YOUNG ADULTS AGES 8-20.

990 for the year ended December 31, 2024

Program accomplishments

  • DANCE PERFORMANCE - Since our founding on 2017, Terminus Modern Ballet Theatre (Terminus) has created 28 original world premiere productions that have reached over 50,000 audience members across metro Atlanta, and Georgia's metropolitan areas of Columbus, Athens, and Carrolton. Over 50% of the venues we perform in do not traditionally present professional concert dance, enabling us to reach 2,500 new audience members annually, thereby introducing and serving our neighborhoods and communities with world class professional concert dance. Expanding performances to reach global audiences, the arts streaming service Marquee T.V. and Terminus have partnered to stream their digital films on demand. Inherent in Terminus's core beliefs is making beautiful and inspiring dance an accessible part of our daily lives, and bringing the ballet art form out of the past and into the present through storytelling. All of our innovative and creative dance works explore contemporary themes, incorporates theatrical elements, and integrates digital technologies for the purpose of connecting people through the beauty, power, and humanity of dance.
    Expenses $897,191
  • DANCE EDUCATION - Founded in 2018 as the official school of professional company, Terminus Ballet School (Terminus School) has reached over 8,000 students through annual classes, summer intensives, and open choreographic workshops with the vision of training students that can dance anywhere and achieve anything. Upon joining Regional Dance America (RDA) in 2021 and participating in their annual dance festival, the Terminus school has repeatedly received top honors and has distinguished itself as a top tier ballet institution in the United States. Making world class dance accessible to all as a core company value, the school has given over $180,000 in financial assistance and scholarships to its students ensuring financial need does not act as a barrier to a world class dance education and resulting professional opportunities. Terminus students excel both onstage and academically, regularly earning top academic honors while balancing a rigorous dance training schedule up to six days a week. Each year students are awarded scholarships and admission to the nations top dance schools and universities; including, USC's Glorya Kaufman School of Dance, School of American Ballet, Joffrey Ballet, the University of South Carolina, and the University of Georgia to name a few. In August 2022, Terminus School moved into its newly renovated 7,700 sq/ft home centrally located in lower Buckhead at the TULA Arts Center. This world class dance facility serves as the operational home of the school and professional company, and allows the organization to expand its service to the community through dance education classes, student scholarships, public performances and open community workshops.
  • DANCE ENGAGEMENT - Terminus Ballet engagement is ensuring the beauty of dance is made accessible to diverse populations across the metro Atlanta area and Georgia, through free performances, student scholarships, master classes, open classes, open houses, partnerships, and public events, with the overarching goal in reaching audiences traditionally underserved by ballet and professional concert dance. Terminus is deeply committed to community engagement and has reached over 10,000 people to date. Currently, Terminus is working with partners the Atlanta Botanical Gardens, Atlanta Public Schools, the Alliance Theatre, and Kennessaw State University to offer free public dance performances, classes, and workshops in 2025, as well as seeking additional community partnerships with organizations that will enable dance engagement opportunities with our youth and senior populations through classes, workshops, and performances.

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-2464948
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,124,488
Income (IRS master file)
$1,174,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,174,000$1,195,765$1,124,488IRS
990December 2023$980,484$1,043,726$326,092XML
990December 2022$1,188,738$847,351$389,234IRS
990December 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 87-2464948).

Questions about TERMINUS BALLET INC

What is the EIN of TERMINUS BALLET INC?
The employer identification number (EIN) of TERMINUS BALLET INC is 87-2464948.
Is TERMINUS BALLET INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to TERMINUS BALLET INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TERMINUS BALLET INC 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 TERMINUS BALLET INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TERMINUS BALLET INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TERMINUS BALLET INC?
The 990 for the year ended December 31, 2024 names JOHN WELKER.
Who are the officers and directors of TERMINUS BALLET INC?
The 990 for the year ended December 31, 2024 lists 21 people; 0 received compensation from the organization.
How much revenue does TERMINUS BALLET INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,174,000, expenses of $1,195,765 and total assets of $1,124,488 at year end.

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