Charity Impact Media

Home › Arts, culture & humanities

School of American Ballet

New York, NY · EIN 13-1275970 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending August 31, 2025 (tax year 2024) · View the filing · Correct or respond

School of American Ballet reported $23.3 million in revenue and $19.8 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $73.59 went to program services, $12.92 to management and general costs and $13.49 to fundraising. Its largest source of revenue was contributions and grants: 46.1% of the total. The highest compensation it reported for one person was $441,370 (EXECUTIVE DIRECTOR). 14 people received more than $100,000 in reportable compensation. Revenue rose 79% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $20M

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $23M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
73.6%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
12.9%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
13.5%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.25$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
46.1%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
0.5%1.7%
Program service revenue share
Part VIII 2g ÷ 12
33.8%20.8%
Highest reported compensation
Part VII-A, columns D–F
$441,370$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.23%2.03%
People paid over $100,000
Part VII, line 2
148
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
60.936.6
Independent voting board members
Part VI 1a–1b
43 of 43100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$8.4M expenses · 57.9% of program spending · grants $1.3M · revenue $5.3M

Teaching and other artistic programsthe school provides ballet training for students ages 6 to 19, at appropriate levels of concentration. During the winter term (september - june), advanced students have 37 weeks of classes with up to 23.5 hours per week. The youngest students meet twice weekly for an hour for 36 weeks. During FY 2025, 534 students were enrolled during the winter term. They represented 26 states and 5 foreign countries. Winter term curriculum also includes additional opportunities, particularly for advanced students, such as choreographic workshop and year end performance.…

$5.7M expenses · 38.9% of program spending · grants $626K · revenue $2.3M

Student services and residencethe school provides support services focused on students' overall health and well-being, including nursing care, nutritional counseling, academic tutoring, pilates training and physical therapy for students. For students living in the residence hall (up to 64 during winter term and 188 during summer course), staff members provide on-going supervision, along with seminars as well as cultural and social activities. In FY25, the school further developed its professional placement program to assist advanced students for professional careers. The school endeavors to…

$419K expenses · 2.9% of program spending · grants $438K

Academic subsidies and other student aidthe school provided $139,250 in financial support for high school education of 7 advanced students. In addition to this, the school spent $43,520 for on-site academic classes and 15 students benefited from this program. Students also received toe shoes at a subsidized rate

$45,450 all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$388,898$0$52,472$441,370
DIR CHILDREN'S PREP DIV
Highest compensated employee, 27.00 hrs/week
$267,335$0$54,209$321,544
TEACHER
Highest compensated employee, 12.00 hrs/week
$240,815$0$3,270$244,085
DIRECTOR OF FINANCE
Officer, 40.00 hrs/week
$185,532$0$48,586$234,118
DEAN OF STUDENT AND ALUMNI
Highest compensated employee, 40.00 hrs/week
$173,099$0$28,073$201,172
TEACHER- SR PROF PLACEMENT MGR
Highest compensated employee, 20.00 hrs/week
$168,409$0$30,242$198,651
TEACHER
Highest compensated employee, 27.00 hrs/week
$178,106$0$7,496$185,602
FORMER CHAIRMAN OF FACULTY
Former, 40.00 hrs/week
$140,767$0$12,052$152,819

14 people received more than $100,000 in reportable compensation from School of American Ballet (Part VII, line 2). Compensation of current officers, directors and key employees totaled $984K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$23M$20M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$23M$20M73.6%$100M$441,370
FY2024 ⓘ$31M$18M73.7%$91M$408,303
FY2023 ⓘ$13M$18M73.7%$79M$392,493
FY2022 ⓘ$15M$17M72.9%$81M$355,928
FY2021 ⓘ$21M$16M72.1%$98M$377,931
FY2020 ⓘ$13M$15M71.4%$90M$388,299

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b43 · 43 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5227
  • Volunteers Part I, line 648

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
COMMUNITY COUNSELLING SERVICE CO LLC
Interim development management services
$376,661
JRM CONSTRUCTION MANAGEMENT LLC
Construction management
$146,965

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

75 private foundations reported grants to School of American Ballet totaling $1.4M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from School of American Ballet's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for School of American Ballet, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in New York

Questions people ask

How much of School of American Ballet's spending goes to programs?

In the fiscal year ending August 31, 2025, School of American Ballet reported that 73.6% of its $19.8 million in expenses went to program services, 12.9% to management and general and 13.5% to fundraising (Form 990, Part IX).

How much does School of American Ballet pay its top executive?

The largest total compensation School of American Ballet reported for one person in the fiscal year ending August 31, 2025 was $441,370, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does School of American Ballet get its money?

Of $23.3 million in revenue in the fiscal year ending August 31, 2025, 46.1% came from contributions and grants (including 0.5% from government grants) and 33.8% from program service revenue (Form 990, Part VIII).

Is School of American Ballet a registered charity?

The IRS lists EIN 13-1275970 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202601949349301435 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202511889349300231 · read the filing
  • FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202411839349300316 · read the filing
  • FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202341779349300744 · read the filing
  • FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202201619349301305 · read the filing
  • FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202121759349301402 · read the filing

All filings for EIN 13-1275970: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.