Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2022.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
75 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
21 people listed on the 990.
John Welker’s $36K as President is at the 3rd percentile of top reported officer pay among 3925 $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 · 1 named individual · Part VII
| Name | FY2022 | FY2021 |
|---|---|---|
| John Welker | $35,818 | $11,680 |
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 Terminus Ballet INC executive salaries →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 15aNo
Programs and updates
Creates original ballet theater, offers dance classes for youth ages 8-20.
Questions for Terminus Ballet INC
Your first name shows with your question. Terminus Ballet INC answers here, for everyone.
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.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-2464948) · Dispute this lineDance 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.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-2464948) · Dispute this lineDance 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…
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-2464948) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $36K | $60K |
| InvestmentsLn 11–13 | $0 | |
| Land, buildings, equipmentLn 10c | $230K | $975K |
| Total assetsLn 16 | $326K | $1.1M |
| LiabilitiesLn 26 | $0 | $911K |
| Net assetsLn 32 | $326K | $214K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | |||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $0 | |||
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $462K | $328K | $89K | $45K |
| Pension plan contributionsLn 8 | $0 | |||
| Other employee benefitsLn 9 | $0 | |||
| Payroll taxesLn 10 | $0 | |||
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $0 | |||
| Accounting feesLn 11c | $750 | $750 | ||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $46K | $46K | ||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $0 | |||
| Advertising and promotionLn 12 | $23K | $18K | $4K | $925 |
| Office expensesLn 13 | $0 | |||
| Information technologyLn 14 | $0 | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $170K | $153K | $17K | |
| TravelLn 17 | $0 | |||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $0 | |||
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $26K | $24K | $3K | |
| InsuranceLn 23 | $78K | $55K | $16K | $8K |
| Other expenses (24a–d)Ln 24 | $296K | $248K | $48K | |
| All other expensesLn 24e | $94K | $73K | $14K | $7K |
| Total functional expensesLn 25 | $1.2M | $897K | $144K | $155K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 | $1.2M | $1.2M | −$22K | $214K | 990 PDF |
| FY2023Filed with the IRS Nov 1, 2024 | $980K | $1.0M | −$63K | $326K | 990 PDF |
| FY2022Filed with the IRS Aug 21, 2023 | $1.2M | $847K | $341K | $389K | 990 PDF |
| FY2021Filed with the IRS Oct 12, 2022 | $312K | $264K | $48K | $48K | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $1,174,000 revenue, 12 lines filed
Part VI · Governance 16 of 21 board members independent, 3 to look at
Part VIII · Statement of revenue $1,174,000 across 9 lines filed
Part IX · Statement of functional expenses $1,195,765 across 31 lines filed
Part X · Balance sheet $1,124,488 assets, 22 lines filed
Part XI · Reconciliation of net assets $213,983 net assets at year end
Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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