SANTA BARBARA FESTIVAL BALLET

🔒

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

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

SARAH CASE

Phone

8059660711

Tax Period

2023-09-01 to 2024-08-31

SANTA BARBARA FESTIVAL BALLET, founded in 1974, is a small nonprofit in the Arts, Culture & Humanities sector that reported $327K in total revenue in fiscal year 2023. Expenses of $382K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROVIDE CULTURAL ENRICHMENT TO THE COMMUNITY THROUGH EDUCATION, EVENTS AND PROGRAMMING.

Program Service Accomplishments

Program 1

Expenses: $153,662 Revenue: $81,581

SANTA BARBARA FESTIVAL BALLET BRINGS THE GIFT OF DANCE TO THE COMMUNITY THROUGH THE CONSERVATORY. CHILDREN, TEENS AND ADULTS ARE GIVEN THE OPPORTUNITY TO STUDY DANCE IN BOTH CREATIVE AND RECREATIONAL CLASSES, WITH BEGINNING THROUGH ADVANCED BALLET CLASSES TAUGHT BY EXPERIENCED AND COMMITTED INSTRUCTORS. STUDENTS LEARN THE ART OF PERFORMANCE AND HAVE THE OPTION OF AUDITIONING TO PERFORM ALONGSIDE PROFESSIONAL DANCERS.

Program 2

Expenses: $194,772 Revenue: $130,969

THE ANNUAL PRODUCTION OF NUTCRACKER AT THE ARLINGTON THEATER PROVIDES THE COMMUNITY WITH AN OPPORTUNITY TO EXPERIENCE A CLASSIC BALLET ACCOMPANIED BY FULL SYMPHONY ORCHESTRA. THIS HOLIDAY TRADITION IS WELL KNOWN AND WELL ATTENDED BY A MULTIGENERATIONAL, MULTICULTURAL AUDIENCE. AN ADDITIONAL SPRING PERFORMANCE PROVIDES A SECOND OPPORTUNITY TO EXPOSE THE COMMUNITY TO THIS ART FORM.

Program 3

Expenses: $18,990 Revenue: $16,131

SBFB OFFERS STUDENTS THE OPPORTUNITY TO PARTICIPATE IN THE BALLET ALLIANCE - AN ORGANIZATION THAT PUTS ON FESTIVALS THAT PROVIDE PRE-PROFESSIONAL PERFORMANCE OPPORTUNITY FOR DANCERS. THE FESTIVALS...

SBFB OFFERS STUDENTS THE OPPORTUNITY TO PARTICIPATE IN THE BALLET ALLIANCE - AN ORGANIZATION THAT PUTS ON FESTIVALS THAT PROVIDE PRE-PROFESSIONAL PERFORMANCE OPPORTUNITY FOR DANCERS. THE FESTIVALS ARE PERFORMING EVENTS WHERE STUDENTS CAN DANCE FOR ADJUDICATORS, AND INTERACT WITH OTHERS TO FURTHER THEIR ART.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $92,959

Program Service Revenue $228,681

Investment Income $0

Other Revenue $5,002

TOTAL REVENUE $326,642

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,128

Fundraising Expenses $0

Program Expenses $367,424

Other Expenses $345,308

TOTAL EXPENSES $382,436

Year-over-Year Comparison

	2023	2022	Change
Revenue	$326,642	$318,358	+0.0%
Expenses	$382,436	$312,215	+0.2%
Net Income	$-55,794	$6,143	-10.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$20,076

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH CASE	PRESIDENT	5.00	Officer Director	$0	$0	$0
ADDISON CLARKE	TREASURER	5.00	Officer Director	$0	$0	$0
SUSIE COUTURE	MEMBER AT LARGE	1.00	Director	$0	$0	$0
CONOR ADLER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
STEPHANIE OCHOA	MEMBER AT LARGE	1.00	Director	$0	$0	$0
VALERIE HUSTON	BOARD ADVISOR	5.00	Officer	$2,814	$0	$2,814
DENISE RINALDI	CONSERVATORY DIRECTOR	5.00	Officer	$17,262	$0	$17,262

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	$326,642	$382,436	$25,816	$-55,794
2023	$318,358	$312,215	$30,692	$6,143
2022	$240,682	$315,180	$37,006	$-74,498
2021	$220,701	$167,182	$115,524	$53,519
2020	$273,881	$289,339	$66,771	$-15,458
2019	$344,930	$317,086	$59,035	$27,844
2018	$298,182	$288,557	$39,149	$9,625