Olympic Ballet Theatre

What Olympic Ballet Theatre does

Olympic Ballet Theatre (OBT) is a 501(c)(3) nonprofit professional ballet company headquartered at 700 Main Street, Edmonds, Washington, operating continuously since its founding in 1980 and now in its 45th Performance Season. The organization presents four major productions per season spanning classical, contemporary, and dramatic repertoire, serving an estimated 15,000 audience members annually, of which 4,000 are school children reached through educational outreach. OBT is led by Co-Artistic Directors Mara Vinson and Oleg Gorboulev and operates within the North Puget Sound and Snohomish County market.

OBT's product surface extends beyond the professional company into a vertically integrated arts ecosystem. Olympic Ballet School, a wholly-owned core subsidiary, delivers ballet training from early childhood through pre-professional levels, and a Trainee Program feeds aspiring dancers into the company. The organization also monetizes production assets through costume and set rental services to external organizations, and operates a Sponsor a Dancer Program priced at $3,000 that bundles donor recognition with dancer training cost offset.

The business model combines earned and contributed revenue: ticket sales generate approximately 70% of annual revenue, with the remaining ~30% derived from individual donations, corporate sponsorships (season underwriting and per-performance sponsorship), grant funding from ArtsFund, Edmonds Arts Commission, and Seattle-NorthCountry, program advertising sold to community businesses, and fundraising events including an Annual Gala held at the Seattle Golf Club. The company maintains no proprietary technology stack of note; its digital footprint consists of a website with online ticketing, a blog, email newsletter, and standard social media channels (Facebook, YouTube, Instagram, LinkedIn).

Name

Olympic Ballet Theatre

Legal name

Olympic Ballet Theatre

Website

https://olympicballet.org

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

Olympic Ballet Theatre is a 501(c)(3) nonprofit professional ballet company in Edmonds, WA, now in its 45th season, producing four annual performances for approximately 15,000 patrons while operating an affiliated ballet school and training programs serving North Puget Sound communities.

Ownership category

akta.pro rank

Product category

Performing Arts

NAICS

Dance Companies (711120), Dance Companies (71112)

SIC

Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

Classical Ballet (Full-Length & Repertoire) (MPAGADAA)

akta.pro secondary industries

Dance Education (Ballet, Contemporary, Hip-Hop, Cultural Dance) (EDAMAAAH), Dance Performances (THAJAFAD)

Keywords

• Professional ballet performances
• Ballet school training
• Performing arts nonprofit
• Ballet education programs
• Arts cultural enrichment

Headquarters

HQ city

Edmonds

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Ticket Sales: Ticket sales for ballet performances generate approximately 70% of annual revenue, supporting four main season productions.
2. Individual Donations: Tax-deductible donations from individuals supporting the nonprofit mission of bringing professional ballet to the community.
3. Corporate Sponsorship: Business sponsorships providing exposure to wide audience of patrons, including season underwriting and individual performance sponsorship.
4. Grant Funding: Grant sponsorships from ArtsFund, Edmonds Arts Commission, and Seattle-NorthCountry supporting operations and programming.
5. Advertising: Program advertising space sold to community businesses, distributed to theatre patrons at each performance.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Olympic Ballet Theatre is a nonprofit professional ballet company that stages four major productions per season, including classical, contemporary, and dramatic ballets. It also operates Olympic Ballet School (comprehensive training from early childhood to pre-professional levels) and a Trainee Program, supported by an Annual Gala, the Sponsor a Dancer program, costume and set rental services, and educational outreach to schools.

Product overview

Olympic Ballet Theatre is a nonprofit professional ballet company based in Edmonds, WA, celebrating its 45th Performance Season. The company operates as a unified arts organization offering professional ballet performances with a diverse repertoire of classical, contemporary, and dramatic ballets. The core offerings include four major productions annually, supplemented by the Olympic Ballet School (providing comprehensive training from early childhood to pre-professional levels), a Trainee Program for aspiring professionals, and the Annual Gala as the primary fundraising event. The company also offers sponsorship programs and costume/set rental services. Revenue is generated primarily through ticket sales (approximately 70%) and fundraising, with estimated annual audiences of 15,000 including 4,000 school children.

Differentiator

Problem solved

Functional benefit

Products and services

• Professional Ballet Performances Four major productions per season featuring classical, contemporary, and dramatic ballets, performed for community audiences and school groups in the greater Seattle area.
• Olympic Ballet School

Quantifiable outcome

• 15,000 annual audience members including 4,000 school children
• +1 more outcomes

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered major and minor.

• ArtsFundmajorStrategic or Co-development PartnerGrant sponsor providing funding support to OBT as part of their arts funding mission. ArtsFund supports arts organizations in the region.
• Edmonds Arts CommissionmajorStrategic or Co-development PartnerGrant sponsor providing municipal arts funding support to OBT as part of Edmonds' arts and culture initiatives.
• Seattle-NorthCountrymajorStrategic or Co-development PartnerGrant sponsor providing regional funding support to OBT through Snohomish County arts programs.
• Mill CreekminorGTM or Marketing PartnerCorporate sponsor providing financial and marketing support to OBT, included in the corporate sponsors section.
• Adam & Sonja CobbminorGTM or Marketing PartnerSeason underwriters providing named sponsorship support to OBT's performance season.
• Into Dust PhotographyminorGTM or Marketing PartnerIn-kind donation partner providing photography services to OBT productions.
• Sila RemodelingminorGTM or Marketing PartnerIn-kind donation partner supporting OBT through remodeling or related services.
• VidaminorGTM or Marketing PartnerIn-kind donation partner providing services or products to support OBT operations.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Tulsa Ballet: Tulsa Ballet is a mid-sized nonprofit professional ballet company operating a classical and contemporary season with a school and outreach programs. Its regional focus, multi-stream revenue model, and company-plus-school structure closely align with OBT's operating approach.
• Nashville Ballet: Nashville Ballet is a nonprofit professional ballet company with an attached school that produces a multi-production season and tours regionally. It is structurally analogous to OBT in combining a performing company with a community-based training school and operating on a similar revenue mix of ticket sales, donations, and grants.
• Smuin Ballet: Smuin Ballet is a Bay Area-based nonprofit ballet company known for a mixed-repertoire season of classical and contemporary works. Comparable to OBT in producing diverse repertoire, running education programs, and depending on a mixed revenue model of tickets, donations, and corporate support.
• Carolina Ballet: Carolina Ballet is a Raleigh-based nonprofit professional ballet company producing a multi-production season of classical and contemporary works with a school. Similar in scale, regional focus, and not-for-profit structure to Olympic Ballet Theatre.
• Memphis Ballet: Memphis Ballet is a nonprofit regional professional ballet company with an associated school that presents a full season and educational programming. It is comparable to OBT on company-plus-school structure, community-outreach emphasis, and reliance on mixed ticket-sale and fundraising revenue.
• Tacoma City Ballet: Tacoma City Ballet is a nonprofit regional ballet company in Washington's South Puget Sound that produces a season of classical and contemporary works, with an associated ballet school. Its scale, mission, and operating model closely mirror OBT's, making it one of the most directly comparable peer companies.

Broad incumbents

• Ballet West: Ballet West is a Salt Lake City-based nonprofit professional ballet company with an affiliated academy and a season of classical and contemporary productions. Like OBT, it operates a school, runs outreach, and depends on donations and grants, but at materially larger scale.
• Atlanta Ballet: Atlanta Ballet is a larger nonprofit professional ballet company with a substantial school and full season programming. While broader in scope and larger in scale than OBT, it shares the same company-plus-school, mixed-repertoire, ticket-plus-donation business model.
• Pacific Northwest Ballet: Pacific Northwest Ballet is the Seattle-based, internationally recognized professional ballet company and OBT's most prominent regional incumbent. It competes for the same Puget Sound audiences, donors, sponsors, and dance students, but operates at substantially larger scale with a year-round season and a major school.

Regional players

• Oregon Ballet Theatre: Oregon Ballet Theatre is a similarly structured nonprofit professional ballet company headquartered in Portland, presenting a classical, contemporary, and dramatic repertoire. It is directly comparable to OBT in mission, single-company format, and Pacific Northwest regional positioning, though it serves a different metropolitan market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCsB17gbO3AyByMF01c7dzEw
• Facebookfacebook.com/OlympicBalletTheatre
• LinkedInlinkedin.com/company/olympic-ballet
• Instagraminstagram.com/olympicballettheatre
• Xx.com/olympicballet

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Olympic Ballet Theatre