Ballet Oklahoma INC

Tax-deductible

Oklahoma City, OK501(c)(3)Since 1969Arts & CultureEIN 23-7003520Revenue $6.2M in FY2024

On file with the IRSokcballet.org6800 N Classen Blvd, 73116-7208 · Oklahoma City, OKTax-exempt since Jan 1969Publicly supported — 509(a)(2)

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Okc Ballet promotes the art of dance by supporting a professional company and its productions, operating a school of Ballet for dance artists, children, and novice adults, and providing community engagement activities.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Run by 60 volunteers and 93 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $258K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$280K
to officers and key staff · 4% of spending
Top officer’s pay higher than 67% of similar orgs
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $680K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.5M
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
22
of 22 voting members
Looks good: 22 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.2M
+2% vs prior year
Spent
$6.9M
To programs
83%
Net assets
$10.2M
By yearFY2020–FY2024
Revenue
$6.2M
FY2024▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.9M
FY2021$3.4M
FY2022$6.6M
FY2023$5.2M
FY2024$6.0M
FY2024$6.2M
Expenses
$6.9M
FY2024▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.2M
FY2021$3.3M
FY2022$4.9M
FY2023$5.7M
FY2024$5.8M
FY2024$6.9M
Net assets
$10.2M
FY2024▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.7M
FY2021$8.9M
FY2022$10.7M
FY2023$10.5M
FY2024$10.9M
FY2024$10.2M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1969.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $5.7M Management & general 7% · $503K Fundraising 10% · $690K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

26 people listed on the 990; $280K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$150,963Pt VII · Sec A
Artistic Director
$128,789Pt VII · Sec A
President/Member at Large
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer/Secretary
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Jo Lynne Jones’s $151K as Executive Director is at the 67th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Jo Lynne Jones$150,963$144,369$125,737$136,441$110,273$126,000
Robert Mills———$136,219$121,686$131,000
Ryan Jolicouer-Nye$128,789$122,145$103,045———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Ballet Oklahoma INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes dance through professional productions, a school, and community engagement.

Provided by the organization

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2 programs · $5.7M · in their own filed words · FY2024
01

Since its founding in 1969, oklahoma city ballet has been the city's professional ballet company, boasting talented dancers from around the world. As the resident dance company of the civic center music hall, the company produces four main-stage productions per season in oklahoma city in addition to touring across oklahoma and…

$4.0Mprogram expense
02

Oklahoma city ballet offers dance classes for all ages and skill levels. Eight hundred students of all ages improve their dance technique through the yvonne chouteau school. Oklahoma city ballet also offers multiple community engagement programs to encourage artistry and athleticism in students across the state.

$1.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 9 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.2M
Ln 12
Fees for servicesLn 2g$3.6M
Gifts and grantsLn 1h$2.4M
Investment incomeLn 3$150K
Money outPt IX
$6.9M
Ln 25
Programscol B$5.7M
Managementcol C$503K
Fundraisingcol D$690K
Owns and owesPt X
$10.2M
net assets · Ln 32
Cash and savingsLn 1–2$323K
Total assetsLn 16$11.7M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
26
listed · VII A
PaidVII A2
Voting boardVI 1a22
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.4M
Government grantsLn 1e$859K
Noncash giftsLn 1g$14K
Fundraising eventsLn 1c$800K
Fees for servicesLn 2g$3.6M
Investment incomeLn 3$150K
Other incomeLn 4–11$2K
Total revenueLn 12$6.2M
Assets in detailPt X, end of year
CashLn 1$168K
SavingsLn 2$155K
Cash and savings togetherLn 1–2$323K
InvestmentsLn 11–13$818K
Land, buildings, equipmentLn 10c$9.5M
Other assetsLn 15$62K
Total assetsLn 16$11.7M
LiabilitiesLn 26$1.5M
Net assetsLn 32$10.2M
OperationsPt I, VI
EmployeesI 593
VolunteersI 660
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$605K$323K
InvestmentsLn 11–13$1.4M$818K
Land, buildings, equipmentLn 10c$8.6M$9.5M
Total assetsLn 16$12.2M$11.7M
LiabilitiesLn 26$1.3M$1.5M
Net assetsLn 32$10.9M$10.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$280K$129K$151K
Other salaries and wagesLn 7$3.0M$2.5M$154K$329K
Pension plan contributionsLn 8$51K$41K$5K$5K
Other employee benefitsLn 9$287K$230K$27K$30K
Payroll taxesLn 10$337K$267K$33K$36K
Legal feesLn 11b$104$104
Accounting feesLn 11c$33K$33K
Investment management feesLn 11f$33K$33K
Other fees for servicesLn 11g$163K$51K$3K$108K
Advertising and promotionLn 12$345K$345K
Office expensesLn 13$51K$26K$16K$8K
Information technologyLn 14$52K$12K$3K$37K
RoyaltiesLn 15$125K$125K
OccupancyLn 16$195K$137K$3K$55K
TravelLn 17$80K$79K$2K$27
InterestLn 20$19K$19K
Depreciation, depletion and amortizationLn 22$353K$332K$11K$11K
InsuranceLn 23$69K$49K$957$20K
Other expenses (24a–d)Ln 24$1.0M$1.0M
All other expensesLn 24e$486K$423K$30K$33K
Total functional expensesLn 25$6.9M$5.7M$503K$690K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $6.0M$5.8M$256K$10.9M 990 PDF
FY2023 $5.2M$5.7M−$483K$10.5M 990 PDF
FY2022 $6.6M$4.9M$1.7M$10.7M 990 PDF
FY2021 $3.4M$3.3M$65K$8.9M 990 PDF
FY2020 $3.9M$4.2M−$251K$8.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $6,153,549 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,124,319$2,433,339
I-9 Program service revenuePrior year $2,686,351$3,568,508
I-10 Investment incomePrior year $163,138$149,994
I-11 Other revenuePrior year $59,879$1,708
I-12 Total revenuePrior year $6,033,687$6,153,549
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,392,848$3,932,555
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,384,962$3,006,892
I-18 Total expensesPrior year $5,777,810$6,939,447
I-19 Revenue less expensesPrior year $255,877−$785,898
Part VI · Governance 22 of 22 board members independent, no flags
VI-1a Voting members of the governing body22
VI-1b Independent voting members22
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,153,549 across 10 lines filed
Lines not itemized here account for $154,049 of total revenue; see the IRS return.
VIII-1c Fundraising events$800,054
VIII-1e Government grants$858,976
VIII-1f All other contributions, gifts and grants$774,309
VIII-1g Noncash contributions (included above)$13,646
VIII-1h Total contributions, gifts and grants$2,433,339
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,568,508$3,568,508
VIII-3 Investment incomeExcluded from tax $149,994$149,994
VIII-8 Net income from fundraising eventsExcluded from tax −$172,142−$172,142
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,320 · Unrelated business $16,481$19,801
VIII-12 Total revenueRelated to mission $3,725,877 · Unrelated business $16,481 · Excluded from tax −$22,148$6,153,549
Part IX · Statement of functional expenses $6,939,447 across 20 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $128,789 · Management $150,963$279,752
IX-7 Other salaries and wagesPrograms $2,495,455 · Management $153,572 · Fundraising $328,529$2,977,556
IX-8 Pension plan contributionsPrograms $41,256 · Management $4,878 · Fundraising $5,352$51,486
IX-9 Other employee benefitsPrograms $230,182 · Management $27,216 · Fundraising $29,858$287,256
IX-10 Payroll taxesPrograms $267,398 · Management $33,244 · Fundraising $35,863$336,505
IX-11b Legal feesManagement $104$104
IX-11c Accounting feesManagement $32,955$32,955
IX-11f Investment management feesManagement $32,601$32,601
IX-11g Other fees for servicesPrograms $51,305 · Management $2,762 · Fundraising $108,474$162,541
IX-12 Advertising and promotionPrograms $344,789$344,789
IX-13 Office expensesPrograms $26,471 · Management $15,663 · Fundraising $8,463$50,597
IX-14 Information technologyPrograms $12,252 · Management $3,077 · Fundraising $36,524$51,853
IX-15 RoyaltiesPrograms $125,003$125,003
IX-16 OccupancyPrograms $137,189 · Management $2,694 · Fundraising $55,096$194,979
IX-17 TravelPrograms $78,509 · Management $1,721 · Fundraising $27$80,257
IX-20 InterestFundraising $18,805$18,805
IX-22 Depreciation, depletion and amortizationPrograms $331,764 · Management $10,566 · Fundraising $10,596$352,926
IX-23 InsurancePrograms $48,707 · Management $957 · Fundraising $19,561$69,225
IX-24 Other expenses (24a–d)Programs $1,004,610$1,004,610
IX-24e All other expensesPrograms $423,115 · Management $29,739 · Fundraising $32,793$485,647
IX-25 Total functional expensesPrograms $5,746,794 · Management $502,712 · Fundraising $689,941$6,939,447
Part X · Balance sheet $11,682,678 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $601,800$167,852
X-2 Savings and temporary cash investmentsStart of year $3,200$154,964
X-3 Pledges and grants receivableStart of year $1,320,980$865,744
X-4 Accounts receivableStart of year $11,340$14,975
X-8 Inventories for sale or useStart of year $47,080$37,353
X-9 Prepaid expenses and deferred chargesStart of year $142,669$107,887
X-10c Land, buildings and equipment, netStart of year $8,568,749$9,454,200
X-11 Publicly traded securitiesStart of year $833,286$245,317
X-12 Other securitiesStart of year $536,057$572,403
X-15 Other assetsStart of year $100,957$61,983
X-16 Total assetsStart of year $12,166,118$11,682,678
X-17 Accounts payable and accrued expensesStart of year $420,677$532,556
X-19 Deferred revenueStart of year $634,136$761,777
X-25 Other liabilitiesStart of year $75,017$36,238
X-26 Total liabilitiesStart of year $1,272,381$1,469,302
X-27 Net assets without donor restrictionsStart of year $8,658,889$9,075,794
X-28 Net assets with donor restrictionsStart of year $2,234,848$1,137,582
X-32 Total net assets or fund balancesStart of year $10,893,737$10,213,376
X-33 Total liabilities and net assetsStart of year $12,166,118$11,682,678
Part XI · Reconciliation of net assets $10,213,376 net assets at year end
XI-1 Total revenue$6,153,549
XI-2 Total expenses$6,939,447
XI-3 Revenue less expenses−$785,898
XI-4 Net assets at start of year$10,893,737
XI-5 Net unrealized gains (losses) on investments$105,537
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,213,376

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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