School Of American Ballet Inc
School Of American Ballet Inc. consistently files IRS 990s with 0% officer compensation, often operating with expenses exceeding revenue.
EIN: 131275970 · New York, NY · NTEE: A6E0 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $149.9M |
| Total Expenses | $18.3M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $79.5M |
| Transparency Score | 85/100 |
Is School Of American Ballet Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
School Of American Ballet Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About School Of American Ballet Inc
School Of American Ballet Inc (EIN: 131275970) is a nonprofit organization based in New York, NY, classified under NTEE code A6E0. The organization reported total revenue of $149.9M and total assets of $104.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of School Of American Ballet Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
School Of American Ballet Inc is a major nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.0M |
| Total Expenses | $18.3M |
| Surplus / Deficit | $-5,315,337 |
| Total Assets | $92.7M |
| Total Liabilities | $13.2M |
| Net Assets | $79.5M |
| Operating Margin | -40.8% |
| Debt-to-Asset Ratio | 14.3% |
| Months of Reserves | 60.7 months |
Financial Health Grade: B
In 2023, School Of American Ballet Inc reported a deficit of $5.3M with expenses exceeding revenue, holds 60.7 months of operating reserves (strong position), has a debt-to-asset ratio of 14.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), School Of American Ballet Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.1% | +7.1% | -2.2% |
| 2022 | -27.6% | +5.6% | -14.6% |
| 2021 | +63.3% | +7.1% | +9.1% |
| 2020 | -16.2% | -8.7% | +6.9% |
| 2019 | -12.7% | +2.1% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates School Of American Ballet Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, School Of American Ballet Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its size with assets exceeding $100 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of School Of American Ballet Inc's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023: $13.0M revenue vs. $18.3M expenses), which could deplete reserves if not offset by other income sources.
- Unusually low revenue in 2023 ($13.0M) compared to the latest reported total revenue of $149.8M, suggesting a potential discrepancy or a different reporting period for the 'latest revenue' figure.
Strengths
The following positive indicators were identified for School Of American Ballet Inc:
- Strong asset base, consistently over $90 million, providing financial resilience.
- Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
- Regular and transparent IRS 990 filings over a long period (13 filings).
- Relatively stable liabilities compared to assets, indicating good debt management.
Frequently Asked Questions about School Of American Ballet Inc
Is School Of American Ballet Inc a legitimate charity?
School Of American Ballet Inc (EIN: 131275970) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $149.9M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does School Of American Ballet Inc spend its money?
School Of American Ballet Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to School Of American Ballet Inc tax-deductible?
School Of American Ballet Inc is registered as a tax-exempt nonprofit (EIN: 131275970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the School Of American Ballet Inc CEO make?
School Of American Ballet Inc's highest-compensated officer earns $100 annually. The organization reported $149.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of School Of American Ballet Inc's spending goes to programs?
School Of American Ballet Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does School Of American Ballet Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), School Of American Ballet Inc is above average for NTEE category A6E0 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is School Of American Ballet Inc located?
School Of American Ballet Inc is headquartered in New York, New York and files with the IRS under EIN 131275970. It is classified under NTEE code A6E0.
How many years of IRS 990 filings does School Of American Ballet Inc have?
School Of American Ballet Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $149.9M in total revenue.
Is School Of American Ballet Inc. financially stable?
The organization appears financially stable with over $100 million in assets, despite recent years showing expenses exceeding revenue (e.g., 2023: $13.0M revenue vs. $18.3M expenses). This suggests reliance on reserves or investment income to cover operational gaps.
How does the organization manage executive compensation?
The organization consistently reports 0% officer compensation across all available IRS 990 filings, which is a strong indicator of fiscal conservatism regarding executive pay.
What is the trend in the organization's revenue and expenses?
Revenue has fluctuated significantly, from a high of $26.5M in 2015 to a low of $12.9M in 2020. Expenses have been more consistent, generally ranging from $15M to $18M annually, often exceeding revenue in recent periods.
Are there any concerns about the organization's liabilities?
Liabilities have remained relatively stable and manageable, typically between $11M and $14M, which is a small fraction of its total assets (e.g., 2023: $13.2M liabilities vs. $92.7M assets).
Filing History
IRS 990 filing history for School Of American Ballet Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), School Of American Ballet Inc's revenue has grown by 21.5%, moving from $10.7M to $13.0M. Total assets increased by 16.4% over the same period, from $79.6M to $92.7M. Total functional expenses rose by 51.7%, from $12.1M to $18.3M. In its most recent filing year (2023), School Of American Ballet Inc reported a deficit of $5.3M, with expenses exceeding revenue. The organization holds $13.2M in liabilities against $92.7M in assets (debt-to-asset ratio: 14.3%), resulting in net assets of $79.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.0M | $18.3M | $92.7M | $13.2M | — | View 990 |
| 2022 | $15.3M | $17.1M | $94.8M | $13.9M | — | View 990 |
| 2021 | $21.2M | $16.2M | $111.0M | $13.2M | — | — |
| 2020 | $13.0M | $15.1M | $101.7M | $12.2M | — | — |
| 2019 | $15.5M | $16.6M | $95.1M | $12.0M | — | View 990 |
| 2018 | $17.8M | $16.3M | $98.3M | $12.4M | — | View 990 |
| 2017 | $13.4M | $15.4M | $95.3M | $11.5M | — | View 990 |
| 2016 | $15.6M | $16.2M | $90.9M | $11.4M | — | View 990 |
| 2015 | $26.6M | $14.9M | $91.7M | $13.5M | — | View 990 |
| 2014 | $19.2M | $13.8M | $86.4M | $11.0M | — | View 990 |
| 2013 | $12.6M | $12.9M | $81.6M | $10.7M | — | View 990 |
| 2012 | $11.4M | $12.7M | $79.9M | $10.8M | — | View 990 |
| 2011 | $10.7M | $12.1M | $79.6M | $10.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.0M, expenses of $18.3M, and assets of $92.7M (revenue -15.1% year-over-year).
- 2022: Revenue of $15.3M, expenses of $17.1M, and assets of $94.8M (revenue -27.6% year-over-year).
- 2021: Revenue of $21.2M, expenses of $16.2M, and assets of $111.0M (revenue +63.3% year-over-year).
- 2020: Revenue of $13.0M, expenses of $15.1M, and assets of $101.7M (revenue -16.2% year-over-year).
- 2019: Revenue of $15.5M, expenses of $16.6M, and assets of $95.1M (revenue -12.7% year-over-year).
- 2018: Revenue of $17.8M, expenses of $16.3M, and assets of $98.3M (revenue +32.5% year-over-year).
- 2017: Revenue of $13.4M, expenses of $15.4M, and assets of $95.3M (revenue -14.0% year-over-year).
- 2016: Revenue of $15.6M, expenses of $16.2M, and assets of $90.9M (revenue -41.4% year-over-year).
- 2015: Revenue of $26.6M, expenses of $14.9M, and assets of $91.7M (revenue +38.6% year-over-year).
- 2014: Revenue of $19.2M, expenses of $13.8M, and assets of $86.4M (revenue +52.9% year-over-year).
- 2013: Revenue of $12.6M, expenses of $12.9M, and assets of $81.6M (revenue +10.0% year-over-year).
- 2012: Revenue of $11.4M, expenses of $12.7M, and assets of $79.9M (revenue +6.5% year-over-year).
- 2011: Revenue of $10.7M, expenses of $12.1M, and assets of $79.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for School Of American Ballet Inc:
Data Sources and Methodology
This transparency report for School Of American Ballet Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.