Ballet22 Inc

Nonprofit profile at a glance

EIN
881045747
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025
Location
Oakland, CA, USA
Phone
7149282124
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Ballet

Reported finances

Revenue
$119,869
Expenses
$90,265
Assets
$84,015

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Megan Somogyi (President)
  • Lorris Eichinger (Vice President)

People named in this filing

  • Theresa Knudson (Treasurer)
  • Megan Somogyi (President)
  • Lorris Eichinger (Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Ballet22 exists to break gender normative traditions in ballet, specifically by presenting men, trans, and non-binary artists en pointe. The company performs beloved classical ballets, contemporary works, and new commissions. The company also prioritizes commissioning new works that bring LGBTQIA+ representation to the ballet world.

What it reported doing in 2025

In 2025 Ballet22 produced and presented the annual Summer Season. The Summer Season program included beloved "variations" from Classical Ballet Gala Favorites; La Esmeralda, La Bayadere, Walpurgistnatch, Swan Lake, Le Talisman, and Le Corsaire. As wells as James Whiteside's City of Humans and the world premiere of Roderick George's You Can Have Me!

Operating model

Revenue model
Donor-supported. 80% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 100
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.6%; rating input score 72
  • Program expense ratio: 95.1%; rating input score 95

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 24.7%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0.93; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 7.4%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 8.9% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 12.2% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 79.2% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 71.6% of revenue deployed · 95.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $86K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.