Boston, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BOSTON BALLET INC, founded in 1963, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $43.1M in total revenue in fiscal year 2023.
The heart of Boston Ballet is the human experience. Through our living and breathing art, we forge human connections-between artist and attendee, teacher and trainee, friend and newcomer, one's outer and inner self. Dance history is human history, full of innate beauty, generational memory, and contradictions. We share many characteristics that define our city, as global leaders of innovation with a rich heritage and diverse culture. But Boston's history is not perfect-and neither is the history of ballet. In order to heal as a community, we must unite against inequality, inequity, and exclusivity. We are Boston's Ballet. We believe in the transformative power of dance to inspire positive change in our community and beyond. We step toward the future, where our art breaks down barriers, opens minds, strengthens our connections to each other, and is shared more widely with all. Because the future of dance is the future of humanity.Together, we move-forward and farther-as Boston's Ballet.
Ballet Programs: Led by Artistic Director, Mikko Nissinen, the Boston Ballet maintains a diverse repertoire, ranging from full-length ballets to new works by some of today's finest choreographers...
Ballet Programs: Led by Artistic Director, Mikko Nissinen, the Boston Ballet maintains a diverse repertoire, ranging from full-length ballets to new works by some of today's finest choreographers. The Company typically gives over 100 performances at the Citizens Bank Opera House in Boston, MA during its eight-month season that ends in May of each year. The 2023-2024 season saw record setting attendance and revenue, with five season productions in addition to The Nutcracker.
Boston Ballet School (BBS): provides a comprehensive dance education with the goal of inspiring, nurturing and sustaining a life-long love of dance in every student. BBS operates two state-of-the-art...
Boston Ballet School (BBS): provides a comprehensive dance education with the goal of inspiring, nurturing and sustaining a life-long love of dance in every student. BBS operates two state-of-the-art dance facilities, in Boston and Newton, and offers programming for students of all ages and capabilities. The Classical Ballet Program follows a carefully designed curriculum with nine levels of study. The Children's Program for ages 16 months to 7 years introduces children to the art of dance by promoting the exploration of creativity and expression through movement. Its corresponding summer programs, Ballet Stories and Ballet Journeys, introduce students to the wider world of dance. The Adult Dance Program offers classes and workshops to students of all abilities and experience levels. The BBS Professional Division at Walnut Hill School for the Arts is an audition-only and highly competitive program that provides rigorous training to prepare students for a professional career. The Summer Dance Program is a 5-week summer intensive training opportunity for students globally. Lastly, BBS operates a handful of programs intended to introduce a love of dance to the broader Boston community. Citydance, established in 1991, provides tuition-free dance programming to over 3,000 Boston Public School third grade students. Adaptive Dance, established in 2002, provides creative movement instruction to individuals with disabilities. And BBS instructors provide training workshops to organizations locally and nationwide. BBS and Boston Ballet also engage the community by providing opportunities such as attending Boston Ballet performances and special events/activities, mentoring and teaching, and performing in showcases or community performances.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $43,085,101 | $41,126,452 | +0.0% |
| Expenses | $43,750,018 | $41,153,671 | +0.1% |
| Net Income | $-664,917 | $-27,219 | +23.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Mikko P Nissinen | Artistic Director | 40 |
Officer
|
$772,721 | $8,224 | $780,945 |
| Meredith L Hodges | Executive Director (Former) | 40 |
|
$337,823 | $10,134 | $347,957 |
| Ming Min Hui | Executive Director | 40 |
Officer
|
$285,314 | $17,427 | $302,741 |
| Deborah Moe | Chief Marketing Officer | 40 |
Highest
|
$245,811 | $8,224 | $254,035 |
| Blair Hollis | Director of Development | 40 |
Highest
|
$185,571 | $10,821 | $196,392 |
| Michael Santora | Music Director | 40 |
Highest
|
$165,812 | $17,547 | $183,359 |
| Russell Kaiser | Assistant Artistic Director | 40 |
Highest
|
$165,120 | $17,547 | $182,667 |
| David Czesniuk | Managing Director, Boston Ballet School | 40 |
Highest
|
$160,211 | $10,731 | $170,942 |
| Christopher Byrnes | Chief Financial Officer & Treasurer | 40 |
Officer
|
$39,978 | $229 | $40,207 |
| Jack R Meyer | Chair | 1 |
Director
|
$0 | $0 | $0 |
| Laura J Sen | Vice Chair | 1 |
Director
|
$0 | $0 | $0 |
| Kevin Barry | Secretary | 1 |
Director
|
$0 | $0 | $0 |
| Eric Aboaf | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Jill Avery | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Lisa A Blumenthal | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Stephanie L Brown | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Kimberly Burns | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Catherine Connolly | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Lynn Dale | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Donna Egan | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Liraz Evenor | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Nina Sing Fialkow | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Leigh Fraser | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Susan V Fried | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Ann Gallo | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Elizabeth H Godfrey | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Clinton Graham | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| John R Gwin | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Ashley Harmon | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Lori M Heinel | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Andrea W Hoff | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Lara Hurley | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Tito Jackson | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Ivana Magovcevic-Liebisch | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Christine Maraganore | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Lia Meisinger | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Robert Nagle | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Amir Nashat | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Imari Paris Jeffries | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Jerry Patterson | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Annie Knickman Plancher | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Audrey Epstein Reny | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Laura E Riley MD | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Jill W Roberts | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| E Pixley Schiciano | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Jessica Schmitz | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Emily E Shanks | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Ruth Shefer | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Alison Viehbacher | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Brynja Vifilsdottir | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| D Ellen Wilson | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Pamela Yang | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $43,085,101 | $43,750,018 | $91,197,695 | $-664,917 |
| 2023 | $41,126,452 | $41,153,671 | $91,728,082 | $-27,219 |
| 2022 | $37,137,399 | $33,970,540 | $61,076,711 | $3,166,859 |
| 2021 | $26,750,107 | $18,629,482 | $56,996,958 | $8,120,625 |
| 2020 | $43,675,085 | $30,803,333 | $53,746,348 | $12,871,752 |
| 2019 | $33,353,397 | $36,736,142 | $41,017,120 | $-3,382,745 |
| 2018 | $38,206,376 | $37,098,893 | $42,447,953 | $1,107,483 |
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