EIN 13-1275970

The School of American Ballet (SAB)

IRS 501(c) type
501(c)(3)
Num. employees
148
Year formed
1934
Most recent tax filings
2022-08-01
Description
The School of American Ballet was founded in 1934 by George Balanchine and Lincoln Kirstein. The School of American Ballet has been training ballet dancers for generations. SAB is the official School of New York City Ballet.
Total revenues
$15,348,722
2022
Total expenses
$17,127,537
2022
Total assets
$94,813,338
2022
Num. employees
148
2022

Program areas at SAB

Teaching and other artistic programsthe School provides Ballet training to students ages 6 to 19, at appropriate levels of concentration. During the winter term (september - june), advanced students have 36 weeks of classes with up to 18.5 hours per week. The youngest students meet twice weekly for an hour for 33 weeks. During fy 2022, 441 students were enrolled during winter term. During winter term 2021-2022, students represented 26 states and 2 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. 178 students took part in the summer program during fy 2022. Fy 2022 also saw the fifth year of a one-week new york city junior program that enrolled 116 students. The School provided $770k in tuition scholarship and awards during fy22. For winter term, 23% of day students other than those enrolled in tuition free boys program received tuition financial aid. 55 students were enrolled in the tuition free boys program. For new york summer course, 35% of students were awarded tuition scholarships. In new york junior program, 14% students received tuition scholarships. The School extends its program efforts in the new york metropolitan area by conducting community lectures/demonstrations and community auditions.
Academic subsidies and other student aidthe School provided $78,500 in financial support for high School education of 4 advanced students. In addition to this, the School spent $25,500 for on-site academic classes and 8 students benefited from this program. Students also received toe shoes at a subsidized rate.
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 (48 during winter term and 155 during summer course). Staff members provide on-going supervision, along with seminars as well as cultural and social activities. In fy22, 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 $423k in residential financial aid and awards during fy22. For winter term, 50% of residential students received tuition, room and board financial aid. For new york summer course, 8% of students were awarded room and board scholarships.
Other program services reflects additional earned income. Included here are fees from licensing a Ballet choreographed by george balanchine to which john taras gave sab rights; this income is added to endowment. It also includes sab open program offerings - Ballet connoisseurship and little dancers.

Who funds The School of American Ballet (SAB)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
J&J Independent FoundationTo Provide Students With World-Renowned Teachers, State of the Art Studios, An On-Site Residence Hall, and Scholarships.$1,000,000
Dinan Family FoundationGeneral$638,000
Andrew W. Mellon FoundationTo Endow the Program Manager Position and Visiting Fellows Program for the School's Diversity Initiative and To Provide Spendable Support As Matching Funds Are Being Raised$350,000
...and 69 more grants received totalling $4,028,311

Personnel at SAB

NameTitleCompensation
F Stephen DewhurstChief Financial Officer$188,259
Naz KamalDirector of Finance$0
Molly BaranDirector of Marketing
Amy BordyDirector of Public Relations, Recruiting and Outreach
Kristen BarrettDirector of Development$150,154
...and 21 more key personnel

Financials for SAB

RevenuesFYE 08/2022
Total grants, contributions, etc.$7,749,229
Program services$5,019,896
Investment income and dividends$819,018
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,735,940
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$24,639
Total revenues$15,348,722

Form 990s for SAB

Fiscal year endingDate received by IRSFormPDF link
2021-082022-06-10990View PDF
2020-082021-06-24990View PDF
2019-082021-02-05990View PDF
2018-082019-10-12990View PDF
2017-082018-10-16990View PDF
...and 8 more Form 990s
Data update history
August 19, 2023
Received grants
Identified 60 new grant, including a grant for $638,000 from Dinan Family Foundation
August 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 26, 2023
Updated personnel
Identified 2 new personnel
May 6, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Garden Homes Management Corporation.
August 13, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
SchoolsArts, culture, and humanities nonprofitsPerforming arts organizationsPerforming arts centersBalletsCharities
Issues
Arts, cultural, and humanities
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportProvides scholarshipsGala fundraisersTax deductible donations
General information
Address
70 Lincoln Ctr Plaza
New York, NY 10023
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
sab.org/ 
Phone
(212) 769-6600
Facebook page
SABNYC 
IRS details
EIN
13-1275970
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1934
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A6E: Performing Arts Schools
NAICS code, primary
711120: Dance Companies
Parent/child status
Independent
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