PACIFIC NORTHWEST BALLET ASSOCIATION

EIN: 910897129 501(c)(3) Arts, Culture & Humanities

Seattle, WA

Total Revenue
$29,482,227
Total Expenses
$32,715,149
Total Assets
$31,027,243
Net Assets
$16,677,331
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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
WA
Principal Officer
David Thorpe
Phone
2064419411
Tax Period
2024-07-01 to 2025-06-30

PACIFIC NORTHWEST BALLET ASSOCIATION, founded in 1972, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $29.5M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $32.7M exceeded revenue, resulting in a 11% operating deficit.

Mission

Pacific Northwest Ballet Association works to stimulate, promote and develop interest in dance and related arts in the Pacific Northwest through professional ballet performances, ballet and recreational dance instruction, and community outreach and education.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,352,947
Program Service Revenue $19,445,642
Investment Income $441,197
Other Revenue $242,441
TOTAL REVENUE $29,482,227

Expense Breakdown

Grants Paid $512,802
Salaries & Benefits $20,620,571
Fundraising Expenses $1,139,774
Program Expenses $28,294,188
Other Expenses $11,500,690
TOTAL EXPENSES $32,715,149

Year-over-Year Comparison

2024 2023 Change
Revenue $29,482,227 $37,179,777 -0.2%
Expenses $32,715,149 $31,603,969 +0.0%
Net Income $-3,232,922 $5,575,808 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
41
Independent Members
41
Employees
691
Volunteers
200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
13
$1,117,860
Total Directors
41
$0
Key Employees
2
$418,732
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peter Boal Artistic Director 40
Officer
$493,517 $44,455 $537,972
Ellen Walker Executive Director 40
Officer
$385,251 $26,486 $411,737
Lia Chiarelli Chief Marketing & Advancement Officer 40
Key Emp
$177,134 $34,496 $211,630
Emil de Cou Music Director/Principal Conductor 40
Key Emp
$183,698 $23,404 $207,102
David Thorpe Chief Financial Officer 40
Officer
$148,783 $19,368 $168,151
Dustin Lucien Postlewaite Principal Dancer 30
Highest
$121,290 $30,218 $151,508
Ellexandra Macy Principal Dancer 30
Highest
$122,676 $27,186 $149,862
Dylan Wald Principal Dancer 30
Highest
$122,787 $25,438 $148,225
Kyle Davis Principle Dancer 30
Highest
$124,779 $23,318 $148,097
Ezra Thompson Rehearsal Director 30
Highest
$124,779 $21,052 $145,831
Lynn Lindsay Assistant Secretary 2.0
Officer Director
$0 $0 $0
Toni Hoover Chair 2
Officer Director
$0 $0 $0
Lynne Graybeal President 2
Officer Director
$0 $0 $0
Dan Kingston Treasurer 2
Officer Director
$0 $0 $0
Donna Barnett Secretary 2
Officer Director
$0 $0 $0
Aya Hamilton Immediate Past Chair & VP Fund Development 2
Officer Director
$0 $0 $0
Mariana Keller VP of Board Development 2
Officer Director
$0 $0 $0
Sue Buske Vice President of Education 2
Officer Director
$0 $0 $0
Joan Fitzmaurice Vice President of Governance & Immed Past Pres. 2
Officer Director
$0 $0 $0
Peter Horvitz VP At Large 2
Officer Director
$0 $0 $0
Carl Behnke Trustee 1
Director
$0 $0 $0
Melissa Chadwick Assistant Treasurer 2
Director
$0 $0 $0
Jon Conte Trustee 1
Director
$0 $0 $0
Sharon Falkner Trustee 1
Director
$0 $0 $0
Jerald Farley Trustee 1
Director
$0 $0 $0
Stephen E Fuhs Trustee 1
Director
$0 $0 $0
W Daniel Heidt Trustee 1
Director
$0 $0 $0
Sara Jones Trustee 1
Director
$0 $0 $0
April Kieburtz Trustee 1
Director
$0 $0 $0
Megan Kirley Trustee 1
Director
$0 $0 $0
Terrell Lefferts Trustee 1
Director
$0 $0 $0
Josh Lieberman Trustee 1
Director
$0 $0 $0
Frederick McDonald Trustee 1
Director
$0 $0 $0
Carol Neiman Trustee 1
Director
$0 $0 $0
Kristin Pastoriza Trustee 1
Director
$0 $0 $0
Tom A Puentes Trustee 1
Director
$0 $0 $0
Barbara Ries Trustee 1
Director
$0 $0 $0
Ron Runyon Trustee 1
Director
$0 $0 $0
Lena Saba Trustee 1
Director
$0 $0 $0
Maria Schmeiser Trustee 1
Director
$0 $0 $0
Elizabeth Stokes Trustee 1
Director
$0 $0 $0
Aimee Truchard Trustee 1
Director
$0 $0 $0
Stephanie True Trustee 1
Director
$0 $0 $0
Natasha Lalji Verjee Trustee 1
Director
$0 $0 $0
Katie von Geldern Trustee 1
Director
$0 $0 $0
Lisa Wahbe Trustee 1
Director
$0 $0 $0
Connie Walsh Trustee 1
Director
$0 $0 $0
Leslie Yamada Trustee 1
Director
$0 $0 $0
Jenna Owens Trustee 1
Director
$0 $0 $0
Jodi Wong Trustee 1
Director
$0 $0 $0
Len Sorrin VP Marketing & Public Relations 2
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $29,482,227 $32,715,149 $31,027,243 $-3,232,922
2024 No data No data No data No data
2023 $25,475,416 $29,947,572 $30,844,012 $-4,472,156
2022 $38,841,685 $28,745,977 $27,529,180 $10,095,708
2021 $12,920,719 $14,887,792 $17,925,584 $-1,967,073
2020 $24,911,742 $25,196,894 $18,272,549 $-285,152
2019 $25,658,567 $27,025,490 $18,243,445 $-1,366,923
2018 $27,565,667 $26,558,316 $19,395,829 $1,007,351
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