Palo Alto Ballet Incorporated
- Assets
- $710.4k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 28
- Location
- Mountain View, CA
- Founding
- 04/1979
- Data as of
- 05/2022
- EIN
- 94-2553726
Organization Overview
Palo Alto Ballet Incorporated is located in Mountain View, CA. The organization was established in 1979. According to its NTEE Classification (A63) the organization is classified as: Ballet, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2022, Palo Alto Ballet Incorporated employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palo Alto Ballet Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, Palo Alto Ballet Incorporated generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $960.9k during the year ending 05/2022. While expenses have increased by 4.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE BEST POSSIBLE DANCE INSTRUCTION, FOCUSING PRIMARILY ON BALLET, TO CHILDREN AND ADULTS OF ALL ABILITIES; PROVIDE THE COMMUNITY WITH HIGH QUALITY BALLET PERFORMANCES AND OPPORTUNITIES TO ENJOY DANCE WITHOUT REGARD TO SOCIOECONOMIC CIRCUMSTANCES; PROMOTE AN APPRECIATION FOR THE ART OF DANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT TRAINING: 356 STUDENTS WERE ENROLLED IN THE YOUTH PROGRAM WHICH HELD 32 CLASSES PER WEEK. ABOUT 400 STUDENTS HAVE ATTENDED THE 23 IN-PERSON WITH 21 ONLINE OPEN PROGRAM (DROP-IN) DANCE CLASSES. THIS HAD A SIGNIFICANT IMPACT ON THE HEALTH AND WELLNESS OF THE COMMUNITY. 7 YOUTH PROGRAM STUDENTS RECEIVE PARTIAL FINANCIAL AID ON AN AS-NEEDED BASIS
PERFORMANCES: PRODUCED AND PERFORMED 4 SHOWS OF THE NUTCRACKER AT THE MOUNTAIN VIEW CENTER FOR PERFORMING ARTS (1258 ATTENDED), 2 SPRING SHOWS OF PUSS IN BOOTS AT THE MENLO ATHERTON PERFORMING ARTS CENTER (264 ATTENDED), A GRADUATION GALA ON THE OUTDOOR STAGE AT WESTERN BALLET (102 ATTENDED), PERFORMED A SUMMER SHOWCASE AT THE SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexi Zubiria Artistic Direct | OfficerTrustee | 40 | $87,350 |
Eileen Zubiria President | OfficerTrustee | 5 | $26,030 |
Francisco Avellan Secretary | Trustee | 1 | $20,784 |
Alvina Nishimoto Treasurer | OfficerTrustee | 1 | $0 |
Stan Rockson Advisory Board | Trustee | 1 | $0 |
Charlie Mayman Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $102,637 |
| All other contributions, gifts, grants, and similar amounts not included above | $104,286 |
| Noncash contributions included in lines 1a–1f | $64,157 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,923 |
| Total Program Service Revenue | $944,092 |
| Investment income | $9,241 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,161,787 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $134,164 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $285,273 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $34,099 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,563 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,286 |
| Office expenses | $18,175 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $268,270 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,630 |
| Insurance | $3,733 |
| All other expenses | $24,704 |
| Total functional expenses | $960,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $219,055 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $24,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $155,755 |
| Investments—publicly traded securities | $311,090 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $520 |
| Total assets | $710,420 |
| Accounts payable and accrued expenses | $24,905 |
| Grants payable | $0 |
| Deferred revenue | $24,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $16,970 |
| Other liabilities | $0 |
| Total liabilities | $65,875 |
| Net assets without donor restrictions | $644,545 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $710,420 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Palo Alto Ballet Incorporated has recieved totaling $13,466.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,749 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $617 |
Arthur J Gallagher Foundation Rolling Meadows, IL PURPOSE: GENERAL EXEMPT PURPOSE | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Ballet Association San Francisco, CA | $42,362,954 | $42,335,157 |
Oregon Ballet Theatre Portland, OR | $8,514,467 | $9,410,499 |
Ballet Arizona Phoenix, AZ | $11,465,321 | $6,255,701 |
The Wooden Floor For Youth Movement Santa Ana, CA | $14,794,829 | $2,954,503 |
Smuin Ballets-Sf San Francisco, CA | $10,091,492 | $3,860,023 |
Dance Downtown La Inc Los Angeles, CA | $2,086,365 | $3,424,604 |
Eugene Ballet Eugene, OR | $4,036,956 | $2,163,393 |
Long Beach Ballet Arts Center Long Beach, CA | $362,666 | $1,208,690 |
Berkeley Ballet Theatre Inc Berkeley, CA | $687,595 | $961,031 |
Diablo Ballet Walnut Creek, CA | $266,639 | $1,136,427 |
City Ballet Inc San Diego, CA | $417,360 | $1,107,736 |
Sacramento Ballet Association Sacramento, CA | $1,802,888 | $1,450,933 |