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New York · Nonprofit

SCHOOL OF AMERICAN BALLET INC

SCHOOL OF AMERICAN BALLET INC (New York) receives grants from 203 organizations whose IRS filings report $26,285,603 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($4,322,161). 118 of them have funded it in more than one year.

Revenue FY2024
$31M
Funders on record
203
Grants received
$26M
Net assets
$91M
118/203 repeat funderspeak grant-dependency 27%
01What it does

What School of American Ballet Inc does

Mission

The school of american ballet's mission is to train students for professional careers in classical ballet.

As stated on its FY2024 Form 990.

Programs

  1. Teaching and other artistic programsthe school provides ballet training for students ages 6 to 19, at appropriate levels of concentration. During the winter term (september - june), advanced students have 37 weeks of classes with up to 23.5 hours per week. The youngest students meet twice weekly for an hour for 36 weeks. During fy 2025, 534 students were enrolled during the winter term. They represented 26 states and 5 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. 226 students took part in the summer course during fy 2025. Fy 2025 also saw the eighth year of a one-week new york junior session that enrolled 151 students.the school provided $1,296mil in tuition scholarships and awards during fy25. For winter term, 36% of students received tuition financial aid. For the summer course, 34% of students were awarded tuition scholarships. In the new york junior program, 26% of students received tuition scholarships.the school extends its program efforts in the new york metropolitan area by conducting…

    $8,423,393 spentof which $1,336,862 as grants$5,297,272 earned by the program
    58% of program spending
  2. 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. For students living in the residence hall (up to 64 during winter term and 188 during summer course), staff members provide on-going supervision, along with seminars as well as cultural and social activities. In fy25, the school further developed its professional placement program to assist advanced students for professional careers. The school endeavors to ensure that socioeconomically diverse students have access to the school's programs through scholarships and financial aid.the school provided $625k in residential financial aid and awards during fy25. For winter term, 72% of residential students received room and board financial aid. For the summer course program, 7% of residential students were awarded room and board scholarships.

    $5,653,740 spentof which $626,010 as grants$2,280,191 earned by the program
    39% of program spending
  3. Academic subsidies and other student aidthe school provided $139,250 in financial support for high school education of 7 advanced students. In addition to this, the school spent $43,520 for on-site academic classes and 15 students benefited from this program. Students also received toe shoes at a subsidized rate.

    $419,113 spentof which $438,146 as grants
    3% of program spending
  4. Other program services reflects additional earned income. Included here are fees from licensing a ballet to which george balanchine gave sab rights; this income is added to endowment.

    $45,450 spentof which $45,450 as grants$420,409 earned by the program
    0% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $14,541,696.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($13M) Expenses 100 ($15M) Net assets 100 ($84M)2018 Revenue 132 ($18M) Expenses 105 ($16M) Net assets 103 ($86M)2019 Revenue 116 ($15M) Expenses 108 ($17M) Net assets 99 ($83M)2020 Revenue 97 ($13M) Expenses 98 ($15M) Net assets 107 ($90M)2021 Revenue 158 ($21M) Expenses 105 ($16M) Net assets 117 ($98M)2022 Revenue 114 ($15M) Expenses 111 ($17M) Net assets 97 ($81M)2023 Revenue 97 ($13M) Expenses 119 ($18M) Net assets 95 ($79M)2024 Revenue 233 ($31M) Expenses 116 ($18M) Net assets 109 ($91M)
'17'18'19'20'21'22'23'24
Revenue (233)Expenses (116)Net assets (109)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $111M to $95M (−15%).

$95M
$98M
$95M
$102M
$111M
$95M
$93M
$104M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 1% · 2019 1% · 2020 1% · 2021 6% · 2022 7% · 2023 10% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

30% of SCHOOL OF AMERICAN BALLET INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (58% for the typical peer).

This organization
Typical peer · 810 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$2.0M
’17
$1.5M
’18
−$1.1M
’19
−$2.2M
’20
$5.0M
’21
−$1.8M
’22
−$5.3M
’23
$13M
’24
6.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Carrie W Hinrichs

Executive director

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2017 and FY2018 filings.

'17'18'19'20'21'22'23'24
Listed5056585754545453
Joined·+11+8+2+4+4+5+5
No longer listed·5637456
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 49 funders to 86 funders, grant income rose $3.0M → $3.5M.

17 of 203 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 32% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $1.1M from 3 payers (the payer shares this organization's board, largest Jewish Communal Fund). These are real filings, and they are not money SCHOOL OF AMERICAN BALLET INC raised.

From the IRS filings of SCHOOL OF AMERICAN BALLET INC’s funders (the co-funder graph). Top 30 of 203 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SCHOOL OF AMERICAN BALLET INC has a broad base — no single funder exceeds 16% of grant income, and it takes 8 funders to reach half.

the vertical line marks half of all grant income — 8 funders to its left

32% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SCHOOL OF AMERICAN BALLET INC.

16%
largest funder
32%
top three
~19
effective funders

Largest funder’s share by year: 2017 33% · 2018 32% · 2019 26% · 2020 12% · 2021 35% · 2022 23% · 2023 37% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

46% of SCHOOL OF AMERICAN BALLET INC's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

69% of SCHOOL OF AMERICAN BALLET INC's grant income comes from New York funders.

WA
IL
NY
WY
OH
PA
NJ
CT
CA
UT
CO
MO
VA
MD
DE
AR
TN
NC
OK
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $8.4M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SCHOOL OF AMERICAN BALLET INC runs a healthier operating margin than three-quarters of the 772 arts & culture nonprofits its size.

Operating margin43% · top quartile
Months of reserve6.8mo · above the median
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 772 arts & culture nonprofits $10M–$100M, FY2024

Government funding SCHOOL OF AMERICAN BALLET INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $180k on record.

Federal$180k
grants $180kcontracts $0
17
18
19
20
21
22
24
Top agencies
  • National Endowment for the Arts$180k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like SCHOOL OF AMERICAN BALLET INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

74% of spending goes to programs.

Program 74%Management 14%Fundraising 12%

Governance

41
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for SCHOOL OF AMERICAN BALLET INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SCHOOL OF AMERICAN BALLET INC?
SCHOOL OF AMERICAN BALLET INC (New York) receives grants from 203 organizations whose IRS filings report $26,285,603 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($4,322,161). 118 of them have funded it in more than one year.
How many funders does SCHOOL OF AMERICAN BALLET INC have?
IRS filings report 203 organizations giving $26,285,603 in grants to SCHOOL OF AMERICAN BALLET INC, 118 of which have funded it in more than one year.
Who is the largest funder of SCHOOL OF AMERICAN BALLET INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $4,322,161 in grants. The full list of funders is on this page.
How can an organization like SCHOOL OF AMERICAN BALLET INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 203 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing