Nonprofit · EIN 87-2464948
TERMINUS BALLET INC
Also known as TERMINUS MODERN BALLET THEATRE
Tax-exempt · DECATUR, GA 30033
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,174,000 | $1,195,765 | -$21,765 | $1,124,488 | $910,505 | $213,983 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CELESTE PENDAVIS | Trustee Institutional trustee, Officer | 2 | $0 |
| DOUG PISIK | Chairman Institutional trustee, Officer | 2 | $0 |
| STACY CRANE | Treasurer Institutional trustee, Officer | 2 | $0 |
| LINDSEY VICTOR | Secretary Institutional trustee, Officer | 2 | $0 |
| JANE BLOUNT | Trustee Institutional trustee | 1 | $0 |
| LALOHNI CAMPBELL | Trustee Institutional trustee | 1 | $0 |
| LYNN COCHRAN-SCHRODER | Trustee Institutional trustee | 1 | $0 |
| AMY NELSON | Vice Chairman Institutional trustee | 1 | $0 |
| CAROLYN SHAPIRO | Trustee Institutional trustee | 1 | $0 |
| MELISSA SIEGELMAN | Trustee Institutional trustee | 1 | $0 |
| JOHN WELKER | Trustee Institutional trustee | 70 | $0 |
| CARYL SMITH | Trustee Institutional trustee | 1 | $0 |
| JAMES WEIS | Trustee Institutional trustee | 1 | $0 |
| RACHEL VAN BUSKIRK | Trustee Institutional trustee | 1 | $0 |
| TARA LEE | Trustee Institutional trustee | 1 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTIAN CLARK | Trustee Institutional trustee | 1 | $0 |
| DOUG SHIPMAN | Trustee Institutional trustee | 1 | $0 |
| GRETCHEN BUTLER | Trustee Institutional trustee | 1 | $0 |
| JUSTIN SULLIVAN | Trustee Institutional trustee | 1 | $0 |
| SKYE BLEVINS | Trustee Institutional trustee | 1 | $0 |
| HEATH GILL | Trustee Institutional trustee | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CELESTE PENDAVIS | Chairman Institutional trustee, Officer | 2 | $0 |
| DOUG PISIK | VICE CHAIR Institutional trustee, Officer | 2 | $0 |
| STACY CRANE | Treasurer Institutional trustee, Officer | 2 | $0 |
| LINDSEY VICTOR | Secretary Institutional trustee, Officer | 2 | $0 |
| JANE BLOUNT | Trustee Institutional trustee | 1 | $0 |
| LALOHNI CAMPBELL | Trustee Institutional trustee | 1 | $0 |
| LYNN COCHRAN-SCHRODER | Trustee Institutional trustee | 1 | $0 |
| AMY NELSON | Trustee Institutional trustee | 1 | $0 |
| CAROLYN SHAPIRO | Trustee Institutional trustee | 1 | $0 |
| MELISSA SIEGELMAN | Trustee Institutional trustee | 1 | $0 |
| JOHN WELKER | President Institutional trustee | 70 | $0 |
| CARYL SMITH | Trustee Institutional trustee | 1 | $0 |
| JAMES WEIS | Trustee Institutional trustee | 1 | $0 |
| RACHEL VAN BUSKIRK | Trustee Institutional trustee | 1 | $0 |
| TARA LEE | Trustee Institutional trustee | 1 | $0 |
| CHRISTIAN CLARK | Trustee 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
- Website
- www.terminusmbt.com
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
- Category (NTEE)
- Arts, culture and humanities (A63)
- Assets (IRS master file)
- $1,124,488
- Income (IRS master file)
- $1,174,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,174,000 | $1,195,765 | $1,124,488 | IRS |
| 990 | December 2023 | $980,484 | $1,043,726 | $326,092 | XML |
| 990 | December 2022 | $1,188,738 | $847,351 | $389,234 | IRS |
| 990 | December 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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