SCHOOL OF AMERICAN BALLET INC

EIN: 131275970 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$31,222,809
Total Expenses
$17,933,615
Total Assets
$104,283,906
Net Assets
$91,270,440
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1934
Legal Domicile
NY
Principal Officer
ZITA J EZPELETA
Phone
2127696600
Tax Period
2023-09-01 to 2024-08-31

SCHOOL OF AMERICAN BALLET INC, founded in 1934, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $31.2M in total revenue in fiscal year 2023. Revenue surged 140% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13.3M, a strong 43% operating margin.

Mission

THE SCHOOL OF AMERICAN BALLET'S MISSION IS TO TRAIN STUDENTS FOR PROFESSIONAL CAREERS IN CLASSICAL BALLET.

Program Service Accomplishments

Program 1
Expenses: $7,695,885 Revenue: $4,702,376

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...

Read more

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 2024, 490 STUDENTS WERE ENROLLED DURING THE WINTER TERM. DURING THE WINTER TERM 2023-2024, STUDENTS REPRESENTED 26 STATES AND 4 FOREIGN COUNTRIES. WINTER TERM CURRICULUM ALSO INCLUDES ADDITIONAL OPPORTUNITIES, PARTICULARLY FOR ADVANCED STUDENTS, SUCH AS CHOREOGRAPHIC WORKSHOP AND YEAR END PERFORMANCE. THE SCHOOL ALSO OFFERS A 5-WEEK INTENSIVE SUMMER COURSE. 213STUDENTS TOOK PART IN THE SUMMER PROGRAM DURING FY 2024. FY 2024 ALSO SAW THE SEVENTH YEAR OF A ONE-WEEK NEW YORK CITY JUNIOR PROGRAM THAT ENROLLED 144 STUDENTS.THE SCHOOL PROVIDED $1,168K IN TUITION SCHOLARSHIPS AND AWARDS DURING FY24. FOR WINTER TERM, 20% OF DAY STUDENTS OTHER THAN THOSE ENROLLED IN TUITION FREE BOYS PROGRAM RECEIVED TUITION FINANCIAL AID. 52 STUDENTS WERE ENROLLED IN THE TUITION FREE BOYS PROGRAM. FOR THE NEW YORK SUMMER COURSE, 31% OF STUDENTS WERE AWARDED TUITION SCHOLARSHIPS. IN THE NEW YORK JUNIOR PROGRAM, 19% OF STUDENTS RECEIVED TUITION SCHOLARSHIPS.THE SCHOOL EXTENDS ITS PROGRAM EFFORTS IN THE NEW YORK METROPOLITAN AREA BY CONDUCTING COMMUNITY LECTURES/DEMONSTRATIONS AND COMMUNITY AUDITIONS.

Program 2
Expenses: $5,194,544 Revenue: $2,033,975

STUDENT SERVICES AND RESIDENCETHE SCHOOL PROVIDES SUPPORT SERVICES FOCUSED ON STUDENTS' OVERALL HEALTH AND WELL-BEING, INCLUDING NURSING CARE, NUTRITIONAL COUNSELING, ACADEMIC TUTORING, PILATES...

Read more

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 LIVING IN THE RESIDENCE HALL (62 DURING WINTER TERM AND 187 DURING SUMMER COURSE). STAFF MEMBERS PROVIDE ON-GOING SUPERVISION, ALONG WITH SEMINARS AS WELL AS CULTURAL AND SOCIAL ACTIVITIES. IN FY24, THE SCHOOL FURTHER DEVELOPED ITS PROFESSIONAL PLACEMENT PROGRAM TO ASSIST ADVANCED STUDENTS FOR PROFESSIONAL CAREERS. THE SCHOOL ENDEAVORS TO ENSURE THAT RACIALLY AND SOCIOECONOMICALLY DIVERSE STUDENTS HAVE ACCESS TO THE SCHOOL'S PROGRAMS AND PROVIDES FINANCIAL AID AND THE SUPPORT THROUGH ITS DIVERSITY, EQUITY, AND INCLUSION INITIATIVE.THE SCHOOL PROVIDED $432K IN RESIDENTIAL FINANCIAL AID AND AWARDS DURING FY24. FOR WINTER TERM, 58% OF RESIDENTIAL STUDENTS RECEIVED ROOM AND BOARD FINANCIAL AID. FOR THE NEW YORK SUMMER COURSE, 7% OF RESIDENTIAL STUDENTS WERE AWARDED ROOM AND BOARD SCHOLARSHIPS.

Program 3
Expenses: $284,410

ACADEMIC SUBSIDIES AND OTHER STUDENT AIDTHE SCHOOL PROVIDED $94,580 IN FINANCIAL SUPPORT FOR HIGH SCHOOL EDUCATION OF 4 ADVANCED STUDENTS. IN ADDITION TO THIS, THE SCHOOL SPENT $19,500 FOR ON-SITE...

Read more

ACADEMIC SUBSIDIES AND OTHER STUDENT AIDTHE SCHOOL PROVIDED $94,580 IN FINANCIAL SUPPORT FOR HIGH SCHOOL EDUCATION OF 4 ADVANCED STUDENTS. IN ADDITION TO THIS, THE SCHOOL SPENT $19,500 FOR ON-SITE ACADEMIC CLASSES AND 10 STUDENTS BENEFITED FROM THIS PROGRAM. STUDENTS ALSO RECEIVED TOE SHOES AT A SUBSIDIZED RATE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,404,471
Program Service Revenue $7,154,185
Investment Income $14,623,502
Other Revenue $40,651
TOTAL REVENUE $31,222,809

Expense Breakdown

Grants Paid $1,971,138
Salaries & Benefits $7,512,653
Fundraising Expenses $2,130,538
Program Expenses $13,221,089
Other Expenses $8,331,449
TOTAL EXPENSES $17,933,615

Year-over-Year Comparison

2023 2022 Change
Revenue $31,222,809 $13,024,168 +1.4%
Expenses $17,933,615 $18,339,505 0.0%
Net Income $13,289,194 $-5,315,337 -3.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
41
Independent Members
41
Employees
193
Volunteers
51

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
7
$712,330
Total Directors
44
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELISABETH M ARMSTRONG SECRETARY, COMMITTEE CO-CHAIR 2.00
Officer Director
$0 $0 $0
ZITA J EZPELETA DIRECTOR, CHAIRMAN OF THE BOARD 5.00
Officer Director
$0 $0 $0
ANDREW C FINCH DIRECTOR, VICE CHAIRMAN(TO JUN 2024) 2.00
Officer Director
$0 $0 $0
NANCY S MACMILLAN DIRECTOR, TREASURER, COMM. CHAIR 2.00
Officer Director
$0 $0 $0
KELLIE J ABREU DIRECTOR, COMMITTEE CO-CHAIR 2.00
Director
$0 $0 $0
ROSEMARY T BERKERY HAUSEN DIRECTOR, COMMITTEE CHAIR 2.00
Director
$0 $0 $0
JIM BRENNAN DIRECTOR, COMMITTEE CHAIR 2.00
Director
$0 $0 $0
AMANDA BROTMAN-SCHETRITT DIRECTOR, COMMITTEE CO-CHAIR 2.00
Director
$0 $0 $0
JUDY BERNSTEIN BUNZL DIRECTOR (TO JUN 2024) 1.00
Director
$0 $0 $0
CATHERINE DOYLE CALLAWAY DIRECTOR 1.00
Director
$0 $0 $0
SHANNON G CASPERSEN DIRECTOR, COMMITTEE VICE CHAIR 2.00
Director
$0 $0 $0
CHELSEA V CLINTON DIRECTOR, COMMITTEE CO-CHAIR 2.00
Director
$0 $0 $0
ASHLY NIKKOLE DAVIS DIRECTOR 1.00
Director
$0 $0 $0
THOMAS R ELLIS DIRECTOR (TO JUN 2024) 1.00
Director
$0 $0 $0
FRANCES D FERGUSSON DIRECTOR 1.00
Director
$0 $0 $0
ALESSANDRA W GOULDNER DIRECTOR 1.00
Director
$0 $0 $0
HELEN HAJE DIRECTOR 1.00
Director
$0 $0 $0
KAREN ADAMS HORTON DIRECTOR 1.00
Director
$0 $0 $0
CORINNE KOPELMAN DIRECTOR 1.00
Director
$0 $0 $0
IDA KRISTENSEN DIRECTOR, COMMITTEE CHAIR 2.00
Director
$0 $0 $0
LYN M MCHUGH DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH R MILLER DIRECTOR 1.00
Director
$0 $0 $0
GARFIELD L MILLER III DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE M MILLER DIRECTOR 1.00
Director
$0 $0 $0
SUSAN F MILLSTEIN DIRECTOR, COMMITTEE CHAIR 2.00
Director
$0 $0 $0
NICOLE MURPHY DIRECTOR 1.00
Director
$0 $0 $0
ELLEN L NEEDHAM DIRECTOR 1.00
Director
$0 $0 $0
HILARY PEEK DIRECTOR 1.00
Director
$0 $0 $0
DAVID R PRUNER DIRECTOR 1.00
Director
$0 $0 $0
SUSAN P READ DIRECTOR, COMMITTEE CO-CHAIR 2.00
Director
$0 $0 $0
SUZANNE ALLEN REDPATH DIRECTOR 1.00
Director
$0 $0 $0
MORGAN P RICHARDSON DIRECTOR 1.00
Director
$0 $0 $0
NAOMI SELIGMAN DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE A SHARP DIRECTOR, COMMITTEE VICE CHAIR 2.00
Director
$0 $0 $0
ALYSSA COHEN TABLADA DIRECTOR 1.00
Director
$0 $0 $0
ERIC TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
PHOEBE TUDOR DIRECTOR 1.00
Director
$0 $0 $0
MARJORIE L VAN DERCOOK DIRECTOR (TO DEC 2023) 1.00
Director
$0 $0 $0
ALICE VILMA DIRECTOR 1.00
Director
$0 $0 $0
BARBARA MANFREY VOGELSTEIN DIRECTOR 1.00
Director
$0 $0 $0
OLIVIA C WASSENAAR DIRECTOR, COMMITTEE VICE CHAIR 2.00
Director
$0 $0 $0
FELECIA A WEISS DIRECTOR (TO JUN 2024) 1.00
Director
$0 $0 $0
CAROLYN WRIGHT-LEWIS DIRECTOR, COMMITTEE CHAIR 2.00
Director
$0 $0 $0
LAURA ZECKENDORF DIRECTOR 1.00
Director
$0 $0 $0
CARRIE W HINRICHS EXECUTIVE DIRECTOR 40.00
Officer
$381,044 $27,259 $408,303
JONATHAN M STAFFORD ARTISTIC DIRECTOR 10.00
Officer
$105,250 $3,435 $108,685
NAZ KAMAL DIRECTOR OF FINANCE 40.00
Officer
$179,230 $16,112 $195,342
DARLA K HOOVER CHAIRMAN OF FACULTY (TO AUG 2023) 40.00
$217,419 $9,723 $227,142
KAY MAZZO BELLAS TEACHER 12.00
Highest
$364,214 $8,640 $372,854
KATRINA K KILLIAN TEACHER 27.00
Highest
$235,271 $32,849 $268,120
SION E HARRINGTON DEAN OF STUDENT AND ALUMNI AFFAIRS 40.00
Highest
$170,651 $19,245 $189,896
KRISTEN L BARRETT DIRECTOR OF DEVELOPMENT 40.00
Highest
$166,131 $33,465 $199,596
ALLEN PEIFFER TEACHER 20.00
Highest
$162,744 $16,606 $179,350
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 No data No data No data No data
2024 $31,222,809 $17,933,615 $104,283,906 $13,289,194
2023 $13,024,168 $18,339,505 $92,721,897 $-5,315,337
2022 $15,348,722 $17,127,537 $94,813,338 $-1,778,815
2021 $21,205,372 $16,220,918 $111,037,435 $4,984,454
2020 $12,983,595 $15,143,020 $101,749,266 $-2,159,425
2019 $15,499,701 $16,591,558 $95,147,526 $-1,091,857
2018 $17,760,746 $16,253,035 $98,296,112 $1,507,711
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SCHOOL OF AMERICAN BALLET INC with other nonprofits in New York and across the country.