Nashville Ballet
3630 Redmon Street
Nashville TN 37209-4827
Kayla Rowser, Swan Lake 2014
Mission Statement

We create, perform, teach and promote dance as an essential and inspiring element of our community.

CEO/Executive Director Mr. Paul Vasterling
Co-CEO/Executive Director Ms. Angie Adams
Board Chair Mrs. Patricia B. Eastwood
Board Chair Company Affiliation Caterpillar Financial Services
History & Background
Year of Incorporation 1986
Organization's type of tax exempt status 501-C3
Financial Summary
Projected Expenses $4,728,970.00
Projected Annual Revenue $4,728,970.00 (2016)

We create, perform, teach and promote dance as an essential and inspiring element of our community.


Celebrating 30 years, Nashville Ballet is the largest professional ballet company in Tennessee presenting a varied repertoire of classical ballet and contemporary works by noted choreographers, including original works by Artistic Director & CEO Paul Vasterling. Nashville Ballet presents opportunities for Middle Tennesseans to experience ballet through classical, contemporary and family-friendly performances, all inspired by poetry in motion. Nashville Ballet and the second company NB2 (a pre-professional training company) provide more than 70,000 arts experiences to adults and children annually through season performances and Outreach & Education programming. Nashville Ballet delivers Outreach & Education programming to community centers, Head Start centers, public libraries, and public schools across Tennessee that integrates dance education with core academic subjects such as reading, math, science, and social studies to support the State’s developmental and academic standards. School of Nashville Ballet provides world-class instruction in ballet and other forms of dance to nearly 2,000 students of all ages each year.


Nashville Ballet is committed to providing exceptional and accessible arts programming and opportunities to a diverse community through three primary initiatives: season performances, Outreach & Education programs, and School of Nashville Ballet. Through these initiatives, Nashville Ballet makes a deep impact on thousands of individuals across Middle Tennessee and beyond.


· More than 65,000 people are reached each year, gaining exposure and becoming more deeply integrated with the fine arts and ballet.

· In 2014 Nashville’s Nutcracker became the highest-grossing production in Nashville Ballet’s 29-year history, bringing this holiday classic to over 22,000 children, adults and families.

· In 2013 Nashville Ballet’s Kayla Rowser was named in Dance Magazine’s “25 to Watch.”

· Received a grant from the prestigious National Endowment of the Arts to present Petite Mort as part of the 2014 Ben Folds Project.

· School of Nashville Ballet classes have been operating at capacity since 2011 with enrollment surging from 662 in 2011 to over 2,100 in 2015. This represents a more than 300% increase in enrolled students from age 2 to 70.

· Nashville Ballet reached more than 37,000 children and adults through Outreach & Education programs in Fiscal 2014 year throughout 16 counties in Middle Tennessee.

Goals for 2015

· Create a new outreach ballet focused on middle school aged students; a first step toward doubling our reach to this age demographic.

· Develop School of Nashville Ballet classes for seniors (ages 65+) to improve wellness and to meet the community’s physical and mental fitness needs.

· Award more need-based school scholarships to students in our Residency program at Metro Nashville Title 1 Schools.

· Complete ELEVATE, the Capital Campaign to build the future of Nashville Ballet, raising $5.5 million by mid-year 2015.


Nashville Ballet’s $4.7 million budget is supported by ticket sales, school revenue and contributions. Earned revenue continues to be a stabilizing force for the company, however, maintaining a steady and growing source of contributed revenue is equally vital to our success and continued excellence. Thus, donor participation is critical in the following ways:

1) General Support and Membership: Donors who contribute unrestricted dollars to support Nashville Ballet's mission-critical activities are a part of our membership program. In exchange for your generosity and display of support, we provide an extensive program of membership benefits to allow donors to engage more deeply with the art and artists of Nashville Ballet.

2) Creation Fund donations: This Fund supports the evolution of new repertory, fulfilling a critical component of our mission. It ensures that Nashville Ballet programming will continue to be an exciting and innovative option for residents in Music City and beyond.

3) School of Nashville Ballet Scholarship Fund: School of Nashville Ballet offers dance training for all ages and abilities and takes seriously its role as a top-caliber educator in the community. Aiming to serve a student body that reflects the demographics of our Middle Tennessee region, need-based scholarships are awarded to provide tuition and supplies to qualifying students who demonstrate a passion for and commitment to dance. With the recent facility expansion, School of Nashville Ballet will have more physical space to accommodate a greater number of scholarship students. The value of a full academic year scholarship varies, averaging approximately $2,500 per student. Individual and Corporate gifts are gratefully accepted to help underwrite the costs associated with these scholarship enrollments. With the community's help, the school hopes to increase its scholarship student enrollment to account for 10% of the student body by 2020.

4) Sponsorship Support: Nashville Ballet relies on corporate support with season sponsors, Outreach & Education partners, and other program sponsors from local businesses.

5) ELEVATE: The capital campaign to build the future of Nashville Ballet remains an institutional priority. Though less than $100,000 is needed to meet the $5.5 million fundraising goal, we will continue to raise campaign funds to offset the cost of the $8.2 million project. Continued fundraising success will alleviate the debt we carry and promote even greater long-term financial viability.

Other ways to donate, support, or volunteer Nashville Ballet graciously accepts your donations of time, talent and treasure!

-Cash donations may be made by mail, online at or by phone at phone 615.297.2966 x802.

-In-Kind donations are accepted in accordance with Nashville Ballet's Gift Acceptance Policy to generally include donated services and product. Please call 615.297.2966 x801 for more information.

-Corporate underwriting support, partnership and sponsorship opportunities are available for various programs and initiatives.  Please call 615.297.2966 x801 for more information.

-Support Nashville Ballet throughout the year and purchase a ticket package. Ticket Packages are custom-built and typically offer a 25% discount off all adult ticket purchases and up to a 50% discount on children's tickets. Call 615.297.2966 x710 or visit for more information.

-Become a member of Nashville Ballet's premiere social and volunteer membership group, Friends of Nashville Ballet. As a Friend, you can build a relationship with staff and Company dancers through volunteer and leadership opportunities, special ticket and event discounts, and participating in signature FNB fundraising events. Call 615.297.2966 x803 or visit for more information.
Service Categories
Primary Organization Category Arts,Culture & Humanities / Ballet
Secondary Organization Category Arts,Culture & Humanities / Arts Education
Tertiary Organization Category Arts,Culture & Humanities / Arts Education
Areas of Service
Areas Served
TN - Davidson
TN - Dickson
TN - Maury
TN - Rutherford
TN - Williamson
TN - Wilson
TN - Cheatham
TN - Lawrence
TN - Montgomery
TN - Sumner
TN - Bedford
TN - Franklin
TN - Robertson
KY - Trigg
TN - Coffee
TN - Cumberland
TN - Houston
Nashville Ballet serves a large and diverse geographic area via performances, School of Nashville Ballet, and Outreach & Education initiatives, expanding across Middle Tennessee and including areas of southern Kentucky and northern Alabama.  
Board Chair Statement

As Board President of Nashville Ballet, I am proud of the organization’s incredible 29-year history. Nashville Ballet has soared to unprecedented status over the last several years and demonstrates an unwavering commitment to artistic excellence and fiscal responsibility. Nashville Ballet’s Board of Directors manages and governs the organization’s assets with utmost care and effectiveness. We own our own facility and hold enormous pride in our history of working within a balanced budget while holding no debt other than for our facility expansion. Board members support Nashville Ballet in a variety of ways: through 100% participation in the annual fund, performance series subscriptions, Ballet Ball attendance, connecting the organization to local businesses and fostering corporate sponsorship, and advocating Nashville Ballet’s mission in the community. Over the past several years, Nashville Ballet has significantly increased efforts to more thoroughly engage the Board through the use of active committees and opportunities to lead important initiatives, providing members with meaningful ways to invest in both our successes and our challenges.

Artistically, Nashville Ballet is holding its own in contributing to the many reasons why Nashville is the second most vibrant arts community in America (Arts Vibrancy Index, SMU’s National Center for Arts Research, 2014). Under the leadership of Paul Vasterling, Artistic Director & CEO, our organization has risen to receive international recognition as one of America’s premiere regional ballet companies. Nashville Ballet showcases a robust repertoire of original works created by Mr. Vasterling as well as masterworks by many of ballet’s great choreographers, all of which are executed by the top-tier talent of our main Company and NB2 dancers.

Like any arts organization, Nashville Ballet is challenged to increase audiences and donors to support continued success of our mission-critical programs. With the recent expansion and renovation of our facility, which will enable School of Nashville Ballet to better meet the growing demand for services and classes, we are well poised for the next phase of growth and continued excellence in performance, dance education and outreach. Nashville Ballet’s Board of Directors is eager to govern this exceptional organization through this exciting time of growth and expansion.

I am thrilled and honored to lead Nashville Ballet through its 30th anniversary year and beyond, and hope to see you at the ballet soon!
Patricia Eastwood, President
Nashville Ballet Board of Directors
CEO Statement
Nashville Ballet is firmly committed to the cultural well-being of Middle Tennessee. Our mission has 3 areas of focus: to create and present outstanding works of art that inspire, transform and lift the human spirit; to provide the highest standards in training with School of Nashville Ballet; and to create a love of dance and the arts in the community through innovative educational outreach.   

First and foremost, Nashville Ballet is a performing arts company whose artists, dancers and teachers reside in Nashville throughout the year. The main company presents a season repertoire of five full-scale productions, as well as narrated children’s ballets. We are committed to presenting innovative dance and classical ballets performed in collaboration with some of Nashville's finest musicians, composers and designers. 


Secondly, we strive to provide the highest level of professional and recreational dance training in the community.The elite faculty and staff of our School of Nashville Ballet provide world-class instruction for students of all ages and abilities. Programs offered include a Children’s Division, an Academy to train students who are interested in pursuing a professional dance career, as well as a Community Division offering a wide range of dance classes to adults promoting healthy, active lifestyles, regardless of skill level. The demand for these services has increased significantly and steadily since 2011. After multiple years of operating School classes at capacity with long waitlists, the Board of Directors approved a plan to renovate and expand the facility, equipping Nashville Ballet with the resources it needs to continue long-term growth. ELEVATE, Nashville Ballet’s Capital Campaign to renovate and expand our current facility, was launched in 2013 and completed in May 2015.


The third facet of our mission is Outreach & Education programming, which brings interactive dance and arts education to 43,000 children and families in Middle Tennessee through interactive children's ballets. Stemming from the philosophy that the arts should be accessible to anyone and everyone, and responding to our nation’s continued decline of in-school arts offerings, these performances are designed to break down potential barriers to arts education.


Nashville Ballet perpetuates the successes of these three mission-critical aspects of our operations through sound and ambitious financial, artistic, marketing, sales, and development plans. We are proud and honored to serve Middle Tennessee with performances, dance education and outreach initiatives of the highest caliber.

Paul Vasterling, Artistic Director & CEO
Nashville Ballet



The 2015-2016 30th anniversary season will open at TPAC with Peter Pan. Featuring original choreography by Nashville Ballet Artistic Director & CEO Paul Vasterling, and original set and costume design commissioned by Nashville Ballet. Dracula will then be presented as a second fall production featuring choreography and libretto by Paul Vasterling and music by Malcolm Martineau. Nashville’s Nutcracker , a timeless holiday classic, features an adapted story celebrating Nashville’s unique history. Bringing the best of Nashville’s thriving arts community together to highlight some of the most unique and inspirational collaborations in Music City, this year’s Attitude will be presented in creative partnership with The Bluebird Café featuring original works in collaboration with select Bluebird artists, Petite Mort and Chopin Tributes.Nashville Ballet will present the world premiere of Layla and resurrect Vasterling’s Carmina Burana alongside it in the spring. Layla, based on the ancient Persian story of Layla and Majnun, will be set to an original score. Carmina Burana is set to iconic instrumentation written by German composer Carl Orff. The season will close with Degas + the Little Dancer, a narrated children’s ballet. Narration and interactive elements make this ballet, based on the book of the same name by Laurence Anholt, perfect for all ages.

Budget 2,200,000
Population Served General/Unspecified, Adults, Children and Youth (0 - 19 years)

An intrinsic part of Nashville Ballet’s mission is our commitment to the community through our Outreach & Education program. These programs expose children, teens and adults to the artistry, beauty and athleticism of dance by providing unique performances that cultivate an interest in the arts. Through Outreach & Education we are able to reach 43,000 children and adults by taking dancers, music and sets into schools, libraries and community centers throughout more than a dozen Middle Tennessee counties. Each of our school curriculum-based programs (for children pre-school all the way through high school) meet many of the developmental and academic standards set forth by the state of Tennessee and Metropolitan Nashville Public School (MNPS) system, and are interactive in nature, appealing to various learning styles and needs of all ages. Our Family and Community Programs introduce audiences to the art of dance at public performances and help us develop and cultivate educated viewers with a passion and appreciation for the arts. These programs provide a unique, intimate and educational experience for everyone in attendance. A few of our Outreach & Education community partnerships include the Metro Nashville Public Library, Metro Parks and Recreation and the Metro Public Schools.

Budget 160,000
Population Served Children and Youth (0 - 19 years), ,

School of Nashville Ballet offers the highest quality dance training for students of all ages and experience levels. Qualified faculty provide a comprehensive dance education that is challenging and rewarding. Students are individually nurtured with expertise and sensitivity. With two campuses, School of Nashville Ballet provides a variety of training and recreational programs:  Children’s (ages 2-5), Academy (ages 6-18), Community (ages 13+) and Professional Training (ages 16+) Divisions. With access to more dance space thanks to the ELEVATE capital campaign, a fifth division has been added to the school's offerings: Studio Division will allow students (ages 8-18) to train with professional instructors at a more flexible pace. The Studio Division schedule allows students to pursue dance alongside other extracurricular activities and explore more dance styles, including jazz, hip hop and musical theater. 

School of Nashville Ballet also offers a nationally recognized Summer Intensive program. This 7-week training camp provides extensive instruction for serious dancers from all over the world and prepares students for a career in dance. Through an ongoing partnership with Belmont University, most students participating in the Summer Intensive stay in the Belmont residence halls while living in and exploring Nashville.

Budget 504,000
Population Served , Adults,
CEO Comments

Nashville Ballet's artistic reputation has grown significantly in recent years, both nationally and internationally. With this evolution, we are better poised to attract top-tier talent and diversify our repertoire with both quantity and quality as more choreographers see Nashville Ballet as a reputable company to stage major works. We are challenged to continue developing a sophisticated audience to embrace our curatorial choices. As an example, our ability to provide artistically ambitious programming relies in part on our audience purchasing tickets without necessarily recognizing programs by name. Likewise, it is also a challenge to balance this new programming with classic “story ballet” programming, such as Swan Lake.

The School of Nashville Ballet continues to experience a growth in demand for dance instruction for students of all ages. Many of our classes have been sold out for more than two years with it being physically impossible to add classes to meet this demand due to lack of studio space. In response, we launched ELEVATE, Nashville Ballet's Capital Campaign to renovate and expand our current facility. With this project now complete we can become the dance school our community is demanding. The newly expanded facility opened in May 2015 and allows us to immediately increase not only the number of classes offered, but the types of classes offered. In fall 2015 we will launch a new division of classes, the Studio Division, for older children and teens who want to continue studying dance at a high level but with a scaled back time commitment. With this opportunity we will be challenged to find talented and available instructors who will grow with us as our number of classes grows slowly over the next few years.

Outreach & Education has been meeting a growing demand for arts education for many years. In response, Nashville Ballet sought out funding to directly support the increase in these initiatives. With a generous grant from Dollar General Literacy Foundation, Nashville Ballet was able to significantly expand literacy-based "Story Time" outreach ballets throughout Middle Tennessee. Thanks to this and other generous support from corporate and private citizens Nashville Ballet has been able to continue its investment in this arm of operations: The reach of these initiatives has experienced significant growth over the past two fiscal years, averaging 18% per year. A steady growth of community support is needed to continue this trajectory of program reach and quality of impact. Additional staffing will be required to support the many aspects of increased programming, such as managing bookings, training dancers with an increased repertory of ballets, measuring impact, moderating performances and adequately managing and caring for costumes and sets.

Board Chair
Board Chair Mrs. Patricia B. Eastwood
Company Affiliation Caterpillar Financial Services
Term June 2014 to May 2016
Board Members
Ms. Amy A. Atkinson Gaylord Entertainment - Gaylord HotelsVoting
Mrs. Meera Ballal Community VolunteerVoting
Mrs. Anita Baltimore Fridrich & Clark Realty, LLCVoting
Mr. Lance Bloom CBREVoting
Dr. Kerri Cavanaugh Vanderbilt UniversityVoting
Ms. Monica Cintado-Scokin Community VolunteerVoting
Mrs. Lisa Cole Lewis, King, Krieg & WaldropVoting
Mrs. Allison Cotton FordHarrisonExofficio
Mrs. Laura Currie Community VolunteerVoting
Dr. Jim Dedmon Dedmon ChiropracticVoting
Mrs. Emmely Duncan Community VolunteerVoting
Mrs. Patricia Eastwood Caterpillar, Senior Corporate CounselVoting
Mrs. Lisa Ellis Siloam Family Health CenterVoting
Ms. Laurie Gold Eskind Community VolunteerVoting
Mr. Brian Fitzpatrick Vanderbilt Law SchoolVoting
Mr. Michael J. Fluck Bridgestone Americas TireVoting
Mrs. Catherine Gemmato-Smith Community VolunteerVoting
Mrs. Elizabeth Greer Community VolunteerVoting
Mr. Bill Haralson RetiredVoting
Mr. Gerard M. Hayden Jr.Health Stream, Inc.Voting
Mrs. Kay Heller Community VolunteerVoting
Mrs. Ashley Henry Community VolunteerVoting
Mrs. Kindy Hensler Parks in the Gulch RealtyVoting
Dr. Jeff Herring Tennessee Orthopedic AllianceVoting
Mr. B. Hunter Hill SunTrust RobinsonVoting
Mr. Mark Humphreys Humphreys & Partners ArchitectsVoting
Mrs. Jacqueline Hutton Community VolunteerVoting
Mrs. Martha Ivester Creative Artists AgencyVoting
Ms. Charlyn Jarrells Community VolunteerVoting
Mr. Jay Joyner Joyner & Hogan Printing CompanyVoting
Mr. Chris Keaton Keaton Music VenturesVoting
Mrs. Mary Morgan Ketchel Community VolunteerExofficio
Mr. Neil Krugman Dickinson & WrightVoting
Mrs. Sandra Lipman Community VolunteerVoting
Ms. Moriah K Lutz-Tveite Trim MenswearExofficio
Mrs. Melissa Mahanes Community VolunteerExofficio
Mrs. Melissa Mahanes Community VolunteerVoting
Mrs. Adrienne McRae Community VolunteerVoting
Mr. Don Moody Waller LawVoting
Mr. Roger Moore Vanderbilt UniversityVoting
Mr. James F. Munro Community VolunteerVoting
Mrs. Rachel Odom Rachel Odom LawVoting
Mr. Stephen Peluso Regions BankVoting
Mrs. Jennifer Puryear Community VolunteerVoting
Mrs. Sarah Reisner Manier & HerodVoting
Mrs. Sharon Sandahl Community VolunteerExofficio
Mr. J. Ronald Scott JRS Investements IncorporatedVoting
Mrs. Vee Vee Scott Community VolunteerVoting
Mrs. Mary Jo Shankle Community VolunteerVoting
Ms. Susan Short Jones HCA Inc.Voting
Mr. Dan Slipkovich Capella HealthcareVoting
Mr. Joe A. Sowell IIIHCAVoting
Mrs. Mary Spalding Community VolunteerVoting
Ms. Angie M. Swinford CapStar BankVoting
Mrs. Heather Thorne Community VolunteerVoting
Mrs. Barbara Turner Community VolunteerVoting
Mr. Bradley D. Wensel CPM HealthgradesVoting
Mrs. Dallas Wilt Community VolunteerVoting
Board Demographics - Ethnicity
African American/Black 1
Asian American/Pacific Islander 0
Caucasian 55
Hispanic/Latino 1
Native American/American Indian 0
Other 0
Board Demographics - Gender
Male 19
Female 38
Unspecified 0
Board Term Lengths 3
Board Term Limits 2
Board Meeting Attendance % 77%
Does the organization have written Board Selection Criteria? Yes
Does the organization have a written Conflict of Interest Policy? Yes
Percentage of Board Members making Monetary Contributions 100%
Percentage of Board Members making In-Kind Contributions 4%
Does the Board include Client Representation? Yes
Number of Full Board Meetings Annually 4
Standing Committees
Advisory Board
Community Outreach / Community Relations
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Human Resources / Personnel
Risk Management Provisions
Automobile Insurance
Commercial General Liability & D and O & Umbrella or Excess & Automobile & Professional
Computer Equipment & Software
Additional Board Members
Mrs. Clare Armistead Community Volunteer
Mrs. Lucie Carroll Community Volunteer
Mrs. Nancy Cheadle Community Volunteer
Mr Gary Crigger Community Volunteer
Mrs. Linda Dale Community Volunteer
Mrs. Suann Davis Community Volunteer
Mr. Pat Emery Retired
Mr. Patrick G. Emery Spectrum Emery Properties
Dr. Morel Enoch Harvey Retired
Mrs. Annette S. Eskind Community Volunteer
Mrs. Karyn Frist Community Volunteer
Mrs. Joan Gallivan Community Volunteer
Mr. Don Greene Association Marketing Group
Mr. Lynn Greer Greer Investment Company
Mrs. Martha Ingram Ingram Industries
Mrs. Amy Joyner Bank of Nashville
Mr. Eugene Lotochinski Community Volunteer
Mrs. Ellen Martin Community Volunteer
Mrs. Cathy C. McLure Community Volunteer
Mr. Lannie Neal Community Volunteer
Mrs. Elizabeth Nichols Insite Property Company
Mrs. Emily Noel Community Volunteer
Mrs. Linda Reeve Community Volunteer
Mrs. Nora Rich Community Volunteer
Mr. Dudley Richter Richter's
Mrs. Anne Sheperd Community Volunteer
Mr. Don Shriver National Bank and Trust
Mrs. Lucy Smith Fridrich & Clark Realty LLC
Mrs. Leah Sohr Vision Designs
Mr. Jim Todd Jim Todd Law
Mrs. Pat Todd Community Volunteer
Mrs. Claire W. Tucker CapStar Bank
Mrs. Patsy Weigel Community Volunteer
Executive Director/CEO
Executive Director Mr. Paul Vasterling
Term Start June 2010
Experience Paul Vasterling became Artistic Director of Nashville Ballet in 1998, ten years after he began his association with the company as a dancer and, later, a choreographer. In the spring of 2010, the Board appointed Vasterling CEO of Nashville Ballet. A choreographer with a deep affinity for music, Vasterling has created more than 40 works, ranging from classical, full-length story ballets to more contemporary one-acts set to the music of local artists. Vasterling's penchant and particular gift is for storytelling, which he has done vividly in such ballets as Dracula and Romeo and Juliet. A Magna Cum Laude graduate of Loyola University, Vasterling also received a Fulbright Scholarship (2004), enabling him to work with three companies in Argentina, paving the way for a subsequent tour there for Nashville Ballet. Under his leadership, the company's resources have grown by close to 300 percent and Nashville Ballet became the first local performing arts organization to purchase its own building. He has transformed a group of 12 professional dancers into a company of 23, and established a pre-professional second company of 25 dancers. Vasterling has shaped Nashville Ballet into a company high on artistry, as well as commanding technical ability and virtuosity.
Co-CEO Ms. Angie Adams
Term Start Aug 2010
Experience Angie Underhill Adams has over 20 years of experience providing financial and administrative services to a variety of nonprofit organizations both as a management level staff member and a free-lance consultant and trainer. Before joining Nashville Ballet, she served as CFO/COO for five years at Cheekwood. She has a Bachelor’s degree in accounting from Belmont University’s Honors Program and graduated magna cum laude. She spent three years as finance director with the Sexual Assault Center during a time when the organization was subsequently awarded the Marvin Runyon Leadership Award for excellence in management during a time of crisis by the Center for Nonprofit Management. Her first nonprofit staff position was with Nashville Opera where she managed finances, public relations and group ticket sales. She was an administrative intern with Nashville Ballet during college and spent several years volunteering with Friends of Nashville Ballet managing the Shop. She is now in her 29th year of dance studies and regularly takes a variety of classes.
Former CEOs
Ms. Andrea Dillenburg June 2006 - May 2010
Mr. Paul Kaine Jan 2002 - Apr 2006
Full Time Staff 49
Part Time Staff 84
Volunteers 200
Contractors 40
Retention Rate 82%
Plans & Policies
Does the organization have a documented Fundraising Plan? Yes
Does the organization have an approved Strategic Plan? Yes
Number of years Strategic Plan Considers 4
When was Strategic Plan adopted? May 2008
In case of a change in leadership, is a Management Succession plan in place? Yes
Does the organization have a Policies and Procedures Plan? Yes
Does the organization have a Nondiscrimination Policy? Yes
AFP (Association of Fundraising Professionals)2002
ANE (Association of Nonprofit Executives)2002
Center for Nonprofit Management Excellence Network2000
National Endowment for the Arts1998
Nashville Arts Coalition2004
Tennesseans for the Arts2000
Tennessee Association of Dance1998
Americans for the Arts1998
Tennessee Literacy Coalition2005
Metro Arts Commission1998
Tennessee Arts Commission1998
Chamber of Commerce1994
National Dance Education Organization2006
Dance USA2006
Best Dance StudioNashville Parent Magazine2012
Best Performing Arts Organization; Ballet Revival - Cinderella; Best Modern Dance Collaboration - Nashville Ballet & ALIAS Chamber Ensemble; Best Dance SchoolNashville Scene2012
Company dancer, Kayla Rowser, featured in the "25 to Watch" list; Company dancer Sadie Bo Harris personal essay; Paul Vasterling profileDance Magazine2012
Martha Aus, Finalist for the Nashville Business Journal Chief Finance Officer AwardNashville Business Journal2012
Top Performing Arts group (based on number of performances, including outreach)Nashville Business Journal2012
Cover feature following Ballet Ball 2013 with Ben FoldsnFocus Magazine2013
Best Performing Arts OrganizationNashville Scene2014
Best Late PartynFocus2013
Hottest Party, Ballet BallnFocus2014
CFO Award Finalist, Martha AusNashville Business Journal2014
Senior Staff
Title Director of Artistic Operations
Title Director of Sales & Marketing
Title Director of Finance & Administration
Title Director of Production
Title Director of Development
Fiscal Year
Fiscal Year Start June 01 2015
Fiscal Year End May 31 2016
Projected Revenue $4,728,970.00
Projected Expenses $4,728,970.00
Endowment Spending Policy Income Only
Endowment Spending Percentage (if selected) 4%
Detailed Financials
Revenue and ExpensesHelpFinancial data for prior years is entered by foundation staff based on the documents submitted by nonprofit organizations.Foundation staff members enter this information to assure consistency in the presentation of financial data across all organizations.
Fiscal Year201420132012
Total Revenue$7,169,600$4,945,767$2,989,375
Total Expenses$4,757,230$4,126,782$3,829,002
Revenue Less Expenses$2,412,370$818,985($839,627)
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201420132012
Foundation and
Corporation Contributions
Government Contributions$243,500$253,250$310,400
Individual Contributions$2,529,236$2,163,992$679,792
Investment Income, Net of Losses$50,648$17,908$3,586
Membership Dues$0$0$0
Special Events$371,491$277,952$251,451
Revenue In-Kind$120,332$17,178$33,562
Expense Allocation
Fiscal Year201420132012
Program Expense$3,973,894$3,571,126$3,319,024
Administration Expense$162,592$138,167$183,574
Fundraising Expense$620,794$417,489$326,404
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses1.511.200.78
Program Expense/Total Expenses84%87%87%
Fundraising Expense/Contributed Revenue14%15%26%
Assets and Liabilities
Fiscal Year201420132012
Total Assets$6,166,889$6,166,889$3,709,681
Current Assets$2,117,400$1,552,284$667,209
Long-Term Liabilities$1,714,844$1,714,844$239,177
Current Liabilities$647,515$647,515$526,113
Total Net Assets$3,804,530$3,804,530$2,944,391
Short Term Solvency
Fiscal Year201420132012
Current Ratio: Current Assets/Current Liabilities3.272.401.27
Long Term Solvency
Fiscal Year201420132012
Long-Term Liabilities/Total Assets28%28%6%
Top Funding Sources
Fiscal Year201420132012
Top Funding Source & Dollar AmountContributions and Gifts $2,529,236Program Service Revenue (Earned) $2,209,219Program Service Revenue $1,700,001
Second Highest Funding Source & Dollar AmountProgram Service Revenue (Earned) $2,429,777Contributions, Gifts, and Grants $2,163,992Contributions, Gifts, and Grants $679,792
Third Highest Funding Source & Dollar AmountFoundations and Corporations $1,351,382Fundraising Events $277,952Government Grants $310,400
IRS Letter of Exemption
Capital Campaign
Is the organization currently conducting a Capital Campaign for an endowment or the purchase of a major asset? Yes
Campaign Purpose Nashville Ballet publicly launched ELEVATE, the campaign to build the future of Nashville Ballet in August 2014. The newly expanded and renovated home of Nashville Ballet at The Martin Center opened to the public in May 2015, and fundraising efforts successfully continue towards the $8.2 million project. This campaign makes possible the addition of 3 dance studios, and provides customers with a better experience through expanded lobby areas and increased restrooms. The campaign also supported the creation of sets, props, and costumes for Peter Pan, a world-premiere Paul Vasterling ballet in 2013.
Capital Campaign Goal $5,500,000.00
Capital Campaign Raised-to-Date Amount $5,400,000.00 as of July 2015
Capital Campaign Anticipated in Next 5 Years? No
State Charitable Solicitations Permit
TN Charitable Solicitations Registration Yes - Expires Nov 2015
Solicitations Permit
Solicitation Permit Exp Nov 2015
Organization Comments

Nashville Ballet's ongoing Capital Campaign has impacted contributions and expense items reported on the prior two years' financial statements and tax returns.  We have attempted to delineate an approximation of this impact on our most recent Federal Form 990, Schedule O, in an effort to show the continued financial strength of the organization independent of the capital campaign.  Furthermore, expected contributions and expenses for the current year are not included in the operational budget but will be reported on year-end audited financial statements and tax returns. Financial Comments
Financial figures taken from audit.
Financial documents prepared by Kraft CPAs PLLC.
Comments provided by Beth Groves 3/5/15
Nonprofit Nashville Ballet
Address 3630 Redmon Street
Nashville, TN 372094827
Primary Phone (615) 297-2966
Contact Email
CEO/Executive Director Mr. Paul Vasterling
Board Chair Mrs. Patricia B. Eastwood
Board Chair Company Affiliation Caterpillar Financial Services
Year of Incorporation 1986