SAN JOSE DANCE THEATRE

EIN: 942233859 501(c)(3)

SAN JOSE, CA

Total Revenue
$766,509
Total Expenses
$941,990
Total Assets
$199,001
Net Assets
$174,015
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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
CA
Principal Officer
ELIZABETH SWEENEY
Phone
4082869905
Tax Period
2023-07-01 to 2024-06-30

SAN JOSE DANCE THEATRE, founded in 1969, is a small nonprofit that reported $767K in total revenue in fiscal year 2023. Expenses of $942K exceeded revenue, resulting in a 23% operating deficit.

Mission

SAN JOSE DANCE THEATRE WAS FOUNDED IN L964 AS A BALLET ACADEMY AND PERFORMING COMPANY BY PAUL E. CURTIS, JR. AND SHAWN STUART. IT WAS CREATED TO PROVIDE EXCELLENCE IN BALLET AND DANCE TRAINING AND HIGH-QUALITY PERFORMANCE OPPORTUNITIES FOR ITS STUDENTS, THEIR FAMILIES AND THE COMMUNITY. WE CARE ABOUT BRINGING THE ART OF BALLET TO THE COMMUNITY WHERE WE LIVE. IN 2020, FOLLOWING OUR 5 YEAR STRATEGIC PLAN, WE STARTED A PROFESSIONAL BALLET COMPANY WITH THE HIRING OF 6 PROFESSIONAL DANCERS COMPRISED OF 3 MEN AND 3 WOMEN. WE ALSO STARTED PRE-PROFESSIONAL AND TRAINEE TRAINING PROGRAMS, IN ADDITION TO OUR SCHEDULED SJDT ACADEMY PROGRAM FOR BEGINNING THROUGH ADVANCED STUDENTS. SJDT HAS MOUNTED AND PERFORMED THE FULL-LENGTH THE NUTCRACKER BALLET IN SAN JOSE FOR 54 CONSECUTIVE YEARS. THE 55TH ANNUAL PRODUCTION SCHEDULED FOR LIVE PERFORMANCES WITH LIVE ORCHESTRA IN DECEMBER, 2020, WAS CANCELED DUE TO THE COVID PANDEMIC. THE NUTCRACKER, ASIDE FROM ACADEMY TUITION, IS SJDT'S BIGGEST REVENUE SOURCE.

Program Service Accomplishments

Program 1
Expenses: $341,643 Revenue: $446,255

SAN JOSE DANCE THEATRE (SJDT) WAS FOUNDED IN 1964 AS A BALLET ACADEMY AND PERFORMING COMPANY BY PAUL E. CURTIS, JR. AND SHAWN STUART, WITH THE MISSION TO PROVIDE EXCELLENCE IN BALLET AND DANCE...

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SAN JOSE DANCE THEATRE (SJDT) WAS FOUNDED IN 1964 AS A BALLET ACADEMY AND PERFORMING COMPANY BY PAUL E. CURTIS, JR. AND SHAWN STUART, WITH THE MISSION TO PROVIDE EXCELLENCE IN BALLET AND DANCE TRAINING, ALONG WITH HIGH-QUALITY PERFORMANCE OPPORTUNITIES FOR STUDENTS, THEIR FAMILIES, AND THE COMMUNITY. OUR CORE MISSION IS TO MAINTAIN EXCELLENCE IN BALLET AND CONTEMPORARY DANCE TRAINING AND PERFORMANCES, OFFERING INNOVATIVE OPPORTUNITIES FOR DANCERS OF ALL LEVELS, WHILE ENRICHING OUR COMMUNITY THROUGH COLLABORATIONS WITH ARTISTS AND ARTS ORGANIZATIONS. IN THE 2023-2024 FISCAL YEAR, SJDT CONTINUED OUR ACADEMY PROGRAM AND OPEN DIVISION PROGRAM, CATERING TO STUDENTS RANGING FROM BEGINNERS TO ADVANCED LEVELS. AS PART OF OUR 3-YEAR STRATEGIC PLAN, WE TRANSITIONED TO A PROFESSIONAL STAFFING MODEL IN 2022-2023 BY HIRING A FULL-TIME EXECUTIVE DIRECTOR AND ACCOUNTANT, MOVING AWAY FROM A VOLUNTEER-BASED MODEL. SJDT HAS PROUDLY PRESENTED THE FULL-LENGTH THE NUTCRACKER BALLET IN SAN JOSE FOR 58 CONSECUTIVE YEARS. ALTHOUGH WE RETURNED TO LIVE PERFORMANCES IN DECEMBER 2021 WITH LIMITED SEATING DUE TO COVID-19 RESTRICTIONS, WE RESUMED REGULAR PERFORMANCES FOR TWO WEEKENDS IN DECEMBER 2022. UNFORTUNATELY, IN DECEMBER 2023, WE WERE ONLY ABLE TO SECURE ONE WEEKEND OF PERFORMANCES DUE TO THEATER AVAILABILITY. THE NUTCRACKER REMAINS OUR LARGEST REVENUE SOURCE, PERFORMED AT THE 2,600-SEAT SAN JOSE CENTER FOR THE PERFORMING ARTS WITH A FULL ORCHESTRA. IN 2023, DESPITE THE LIMITED RUN, WE SOLD 15,550 TICKETS AND CONTINUED TO ENJOY ROBUST VOLUNTEER SUPPORT FROM OUR SCHOOL FAMILIES. OUR COMMITMENT TO THE COMMUNITY EXTENDS TO OUR ANNUAL "SCHOOL SHOW," ONCE UPON A NUTCRACKER, OFFERED AT A GREATLY REDUCED PRICE TO UNDERSERVED SCHOOL CHILDREN. THIS LONG- STANDING TRADITION IS PART OF OUR OUTREACH EFFORTS, BRINGING THE JOY OF BALLET TO THOSE WHO MAY NOT OTHERWISE EXPERIENCE IT. IN 2023, WE PREMIERED A NEW BALLET, DRACULA, TO GREAT ACCLAIM AND LAUNCHED A NEW PRODUCTION OF THE LITTLE MERMAID IN SPRING 2024, FEATURING OUR ACADEMY DANCERS ALONGSIDE PROFESSIONAL GUEST ARTISTS. THIS PRODUCTION WAS FINANCIALLY SUCCESSFUL AND REPRESENTS OUR ONGOING STRATEGY TO PRODUCE CLASSICAL AND CONTEMPORARY FULL-LENGTH BALLETS THAT APPEAL TO THE GENERAL PUBLIC. DESPITE SETBACKS FROM THE PANDEMIC, WE MADE STRIDES IN REBUILDING OUR OUTREACH PROGRAMS, PARTICULARLY AROUND THE HOLIDAYS. WE ALSO ESTABLISHED A DIVERSITY SCHOLARSHIP PROGRAM, CURRENTLY SUPPORTING ONE DANCER FROM AN UNDERSERVED COMMUNITY, THREE MALE DANCER SCHOLARSHIP RECIPIENTS, AND SEVERAL DANCERS ON TUITION REDUCTION SCHOLARSHIPS DUE TO HARDSHIP. OUR PARTNERSHIP WITH THE GIRL SCOUTS OF AMERICA CONTINUED SUCCESSFULLY WITH WORKSHOPS HELD AT OUR PRODUCTIONS OF THE LITTLE MERMAID AND THE NUTCRACKER. WE ALSO PROVIDED SEVERAL FREE OR DISCOUNTED TICKETS TO OUR PERFORMANCES. DUE TO THE DISCONTINUATION OF COVID-19 RELIEF FUNDS AND REDUCED GRANTS, SJDT FACED FINANCIAL CHALLENGES IN 2023. AS A RESULT, WE MADE NECESSARY ADJUSTMENTS, INCLUDING RELEASING PROFESSIONAL DANCERS AND REDUCING STAFF HOURS AND PAY. WE ALSO HIRED A SCHOOL DIRECTOR TO HELP REBUILD THE ACADEMY, SHIFTING OUR FOCUS BACK TO STRENGTHENING THE ACADEMY AND REDUCING THE NUMBER OF ANNUAL PERFORMANCES TO TWO. WE REMAIN COMMITTED TO FOSTERING A STRONG ARTISTIC BASE IN THE SAN JOSE AREA THROUGH THE ART OF BALLET. AS A FORMER DANCER WITH SJDT, I AM DEDICATED TO PRESERVING AND GROWING THIS ORGANIZATION THAT HAS BEEN A VITAL PART OF SILICON VALLEY'S ARTS COMMUNITY SINCE ITS INCEPTION.

Program 2
Expenses: $463,586 Revenue: $233,155

WE OPENED A BALLET SCHOOL IN 2014 WITH THE HIRING OF A NEW ARTISTIC DIRECTOR. WE HAD NOT OFFERED A BALLET ACADEMY IN A LONG TIME. WE WENT FROM -0- STUDENTS IN 2014 OVER 100 STUDENTS IN THE 2018-2019...

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WE OPENED A BALLET SCHOOL IN 2014 WITH THE HIRING OF A NEW ARTISTIC DIRECTOR. WE HAD NOT OFFERED A BALLET ACADEMY IN A LONG TIME. WE WENT FROM -0- STUDENTS IN 2014 OVER 100 STUDENTS IN THE 2018-2019 TIME FRAME. WE ARE VERY PROUD OF BUILDING THE SCHOOL FROM NOTHING 6 YEARS AGO AND WORKING TO MAKE IT A WONDERFUL SCHOOL. THESE STUDENTS PERFORM IN THE NUTCRACKER AND ALMOST THE ENTIRE ACADEMY IS INVOLVED WITH IT. THERE ARE OPEN AUDITIONS FOR THE NUTCRACKER - DANCERS OF ALL AGES ARE WELCOMED FROM AREA SCHOOLS TO AUDITION AND WE DOUBLE-CAST THE SHOW TO PROVIDE PERFORMANCE OPPORTUNITIES FOR MANY DANCERS. WE PROVIDE MANY FREE PERFORMANCES TO THE PUBLIC EACH YEAR. THESE INCLUDE: "WORLD WIDE WOMEN GIRL'S FESTIVAL - 2018 AT SANTA CLARA UNIVERSITY & 2019 AT THE PALACE OF FINE ARTS IN SAN FRANCISCOO "PRUNEYARD "PEACE ON EARTH" HOLIDAY LIGHTING EVENT WITH THE MAYOR OF CAMPBELL, CA 2018 "EASTRIDGE CENTER TREE LIGHTING EVENT, 2018 AND OTHER YEARS "SANTANA ROW CHRISTMAS TREE LIGHTING EVENT EACH NOVEMBER 2016, 2017, 2018, 2019 "SAN FRANCISCO MOVEMENT & ARTS FESTIVAL 2017, 2018 AND 2019 SJDANCECO FESTIVAL - SANTANA ROW - EACH SPRING FOR THE LAST 4 YEARS WE MOUNT A SPRING PERFORMANCE EACH YEAR SINCE 2015 AT LOCAL THEATERS FOR THE COMMUNITY AND OUR DANCERS. IN SPRING OF 2019 WE MOUNTED A NEW PRODUCTION OF THE FIREBIRD BALLET WITH MUSIC BY IGOR STRAVINSKY AND CHOREOGRAPHED BY THE ARTISTIC DIRECTOR AND COSTUMED BY OUR VOLUNTEER COSTUME DIRECTORS. THE FIREBIRD HADN'T BEEN PERFORMED IN SAN JOSE IN DECADES. OUR STUDENTS, THEIR FAMILIES, OUR ARTISTIC DIRECTOR, TEACHERS AND MANAGEMENT CREATE THE STRUCTURE FOR SJDT TO GROW. I'M A FORMER DANCER WITH SJDT AND STUDIED AND PERFORMED UNDER THE FOUNDERS. OUR ARTISTIC DIRECTOR ALSO PERFORMED AS A CHILD WITH SJDT. WE CARE ABOUT CREATING A STRONG ARTISTIC BASE IN THE SAN JOSE AREA AND DOING IT THROUGH THE ART OF BALLET. SINCERELY ANN TIMONEY PRESIDENT OF THE BOARD OF DIRECTORS

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $50,484
Program Service Revenue $715,960
Investment Income $65
Other Revenue $0
TOTAL REVENUE $766,509

Expense Breakdown

Grants Paid $0
Salaries & Benefits $481,174
Fundraising Expenses $0
Program Expenses $818,696
Other Expenses $460,816
TOTAL EXPENSES $941,990

Year-over-Year Comparison

2023 2022 Change
Revenue $766,509 N/A N/A
Expenses $941,990 N/A N/A
Net Income $-175,481 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
31
Volunteers
14

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN DRAGINOFF BOARD MEMBER 4.00
Director
$0 $0 $0
LEE FORBES BOARD MEMBER 4.00
Director
$0 $0 $0
BARBI HAMILTON BOARD MEMBER 4.00
Director
$0 $0 $0
JENNIFER JOYCE BOARD MEMBER 4.00
Director
$0 $0 $0
JOHN TORREY BOARD MEMBER 4.00
Director
$0 $0 $0
BRANDON LEWKE TREASURER 8.00
Officer
$0 $0 $0
KAY PETTIT SECRETARY 8.00
Officer
$0 $0 $0
ELIZABETH SWEENEY PRESIDENT 8.00
Officer
$0 $0 $0
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
2024 $766,509 $941,990 $199,001 $-175,481
2023 $1,159,369 $1,394,047 $355,587 $-234,678
2022 $1,282,889 $1,061,488 $606,131 $221,401
2021 $411,330 $584,926 $447,493 $-173,596
2020 $888,601 $822,286 $556,856 $66,315
2019 $937,027 $659,909 $539,600 $277,118
2018 $405,415 $472,402 $31,836 $-66,987
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