BALLET HISPANICO OF NEW YORK INC

EIN: 132685755 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$7,064,773
Total Expenses
$9,845,181
Total Assets
$20,298,316
Net Assets
$17,684,588
🔒

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
1970
Legal Domicile
NY
Principal Officer
EDUARDO VILARO
Phone
2123626710
Tax Period
2023-07-01 to 2024-06-30

BALLET HISPANICO OF NEW YORK INC, founded in 1970, is a community nonprofit in the Arts, Culture & Humanities sector that reported $7.1M in total revenue in fiscal year 2023. Expenses of $9.8M exceeded revenue, resulting in a 39% operating deficit.

Mission

BALLET HISPANICO BRINGS COMMUNITIES TOGETHER TO CELEBRATE AND EXPLORE LATINO CULTURES THROUGH INNOVATIVE PRODUCTIONS, TRANSFORMATIVE DANCE TRAINING, AND COMMUNITY ENGAGEMENT.

Program Service Accomplishments

Program 1
Expenses: $3,831,337 Revenue: $1,317,467

DANCE COMPANY: THE COMPANY IS A GROUP OF HIGHLY TRAINED PROFESSIONALS WHO PERFORM THE WORKS OF LATINO CHOREOGRAPHERS FOR AUDIENCES AROUND THE WORLD. OUR REPERTORY EXPLORES THE DIVERSITY OF LATINO...

Read more

DANCE COMPANY: THE COMPANY IS A GROUP OF HIGHLY TRAINED PROFESSIONALS WHO PERFORM THE WORKS OF LATINO CHOREOGRAPHERS FOR AUDIENCES AROUND THE WORLD. OUR REPERTORY EXPLORES THE DIVERSITY OF LATINO CULTURES AND BRINGS INNOVATIVE WAYS OF EXPERIENCING AND SHARING A CULTURAL DIALOGUE. REPRESENTING A MULTITUDE OF NATIONALITIES, OUR ARTISTS REFLECT THE EVER-CHANGING FACE OF OUR NATION.

Program 2
Expenses: $2,768,582 Revenue: $1,290,304

THE SCHOOL OF DANCE: THE BALLET HISPANICO SCHOOL OF DANCE TRAINS ECLECTIC, VERSATILE DANCERS WHO STAND OUT IN A COMPETITIVE PROFESSIONAL ENVIRONMENT FOR THEIR MASTERY OF THE CLASSICAL BALLET...

Read more

THE SCHOOL OF DANCE: THE BALLET HISPANICO SCHOOL OF DANCE TRAINS ECLECTIC, VERSATILE DANCERS WHO STAND OUT IN A COMPETITIVE PROFESSIONAL ENVIRONMENT FOR THEIR MASTERY OF THE CLASSICAL BALLET TRADITION, CONTEMPORARY TECHNIQUES, AND SPANISH DANCE. ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF DANCE, THE SCHOOL EMPOWERS STUDENTS BY OFFERING A HOLISTIC APPROACH TO MOVEMENT DISCOVERY, INCLUDING PRE-PROFESSIONAL TRAINING AND CLASSES FOR THE NOVICE DANCER. THE SCHOOL ALSO OFFERS ADULT CLASSES AND WORKSHOPS THAT PROVIDE CULTURAL ENRICHMENT AND THE JOY OF DANCE TO EVERYONE.

Program 3
Expenses: $1,134,870 Revenue: $541,165

COMMUNITY ARTS PARTNERSHIPS:COMMUNITY ARTS PARTNERSHIPS (CAP) PROVIDE EXPLORATORY LEARNING EXPERIENCES OF LATINO CULTURE IN SCHOOLS, BUSINESS, AND COMMUNITY CENTERS, PUBLIC SPACES AND AT UNIVERSITY...

Read more

COMMUNITY ARTS PARTNERSHIPS:COMMUNITY ARTS PARTNERSHIPS (CAP) PROVIDE EXPLORATORY LEARNING EXPERIENCES OF LATINO CULTURE IN SCHOOLS, BUSINESS, AND COMMUNITY CENTERS, PUBLIC SPACES AND AT UNIVERSITY CAMPUSES. CAP INCLUDES IN-SCHOOL AND AFTER-SCHOOL DANCE RESIDENCIES THAT UNITE TEACHING ARTISTS WITH THE SCHOOL COMMUNITY, INTERACTIVE PERFORMANCES FEATURING OUR SECOND COMPANY, BHDOS, AND TEACHER TRAINING SESSIONS, CLASSROOM WORKSHOPS AND MASTER CLASSES WITH BALLET HISPNICO'S EXTRAORDINARY COMPANY MEMBERS. CAP BRINGS THE ENJOYMENT OF LATINO DANCE TRADITIONS TO COUNTLESS THOUSANDS ACROSS THE COUNTRY. THE CAP MENU OF ACTIVITIES IN NEW YORK CITY OFFERS IN-SCHOOL OR AFTER-SCHOOL ARTS AND EDUCATION RESIDENCIES, WORKSHOPS IN DANCE FORMS FROM SPAIN AND LATIN AMERICA, INTERACTIVE PERFORMANCES BY OUR TEACHING ARTISTS, AND OUR BALLET HISPANICO REPERTORY EXCERPTS IN OUR PERFORMANCES FOR YOUNG PEOPLE (PYP). THE CONTRAST OF DANCE STYLES AND GENRES WITHIN OUR CAP PROGRAM WILL ALLOW THE STUDENTS TO WIDEN THEIR PERSPECTIVES OF DANCE AND CULTURE WHILE CELEBRATING THE RICH DIVERSITY IN OUR COMMUNITY'S HERITAGE.

🔒

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 $3,398,569
Program Service Revenue $3,148,936
Investment Income $289,263
Other Revenue $228,005
TOTAL REVENUE $7,064,773

Expense Breakdown

Grants Paid $461,395
Salaries & Benefits $5,424,232
Fundraising Expenses $842,457
Program Expenses $8,109,405
Other Expenses $3,959,554
TOTAL EXPENSES $9,845,181

Year-over-Year Comparison

2023 2022 Change
Revenue $7,064,773 $6,665,166 +0.1%
Expenses $9,845,181 $9,897,727 0.0%
Net Income $-2,780,408 $-3,232,561 -0.1%
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
19
Independent Members
19
Employees
135
Volunteers
50

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
10
$1,036,266
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATE B LEAR CHAIRMAN 1.00
Officer Director
$0 $0 $0
MICHELLE CARUSO CABRERA PRESIDENT 1.00
Officer Director
$0 $0 $0
JOSE TOLOSA VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CHARLES J WORTMAN TREASURER 1.00
Officer Director
$0 $0 $0
RITA RODRIGUEZ SECRETARY 1.00
Officer Director
$0 $0 $0
JODY GOTTFRIED ARNHOLD HONORARY CHAIRMAN 1.00
Director
$0 $0 $0
AURI FENOUI BOARD MEMBER 1.00
Director
$0 $0 $0
BRETT PERLMUTTER BOARD MEMBER 1.00
Director
$0 $0 $0
DANAYS VICHOT BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID PEREZ BOARD MEMBER 1.00
Director
$0 $0 $0
FRANCISCO RAMIREZ-VALLE BOARD MEMBER 1.00
Director
$0 $0 $0
HIROKO ITO BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH WAYLAND BOARD MEMBER 1.00
Director
$0 $0 $0
JUANA MALOOF BOARD MEMBER 1.00
Director
$0 $0 $0
MARCOS TORRES BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW FORD BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA ALVAREZ DOWNING BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT KARTHEISER BOARD MEMBER 1.00
Director
$0 $0 $0
RONALD SCHECTMAN BOARD MEMBER 1.00
Director
$0 $0 $0
SARA LANGE BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT TEGETHOFF BOARD MEMBER 1.00
Director
$0 $0 $0
SERGIO TRUJILLO BOARD MEMBER 1.00
Director
$0 $0 $0
EDUARDO NORFLEET-VILARO CEO & ARTISTIC DIRECTOR 40.00
Officer
$305,185 $115,224 $420,409
PATRICK MUHLEN-SCHULTE CHIEF MANAGING DIRECTOR 40.00
Officer
$91,341 $4,778 $96,119
FREDRICK PANDIAN CHIEF FINANCIAL OFFICER 40.00
Officer
$187,589 $5,710 $193,299
TAMIA BLACKMAN-SANTANA CHIEF ENGAGEMENT & ADMINIS 40.00
Officer
$130,833 $37,214 $168,047
ELAINE DELGADO CHIEF DEVELOPMENT & MARKET 40.00
Officer
$144,153 $14,239 $158,392
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 $7,064,773 $9,845,181 $20,298,316 $-2,780,408
2023 $6,665,166 $9,897,727 $22,401,162 $-3,232,561
2022 $5,803,635 $9,469,867 $24,516,405 $-3,666,232
2021 $20,551,535 $4,706,628 $30,174,280 $15,844,907
2020 $9,160,211 $6,791,793 $14,967,111 $2,368,418
2019 $7,537,730 $7,018,345 $12,708,143 $519,385
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BALLET HISPANICO OF NEW YORK INC with other nonprofits in New York and across the country.