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Arts, Culture, Humanities : Performing Arts

The Sarasota Ballet

Enrich lives, captivating emotions and strengthening the community through the art of dance

four stars

90.53

5555 North Tamiami Trail Sarasota, FL 34243
tel: (941) 359-0099   Web Site
EIN: 65-0135900

Board Leadership
Richard Johnson
Chair

CEO
Joseph Volpe
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 90.53 four stars
  Financial 92.37 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Sarasota Ballet is the Gulf Coast of Florida's only professional ballet company. In 1987, The Sarasota Ballet was founded by Jean Allenby-Weidner as a presenting organization with the goal of becoming a full resident ballet company. Today, the mission of the Sarasota Ballet is to have a commitment to artistic excellence. They enrich lives, captivate emotions and strengthen the community through the art of dance.

The Sarasota Ballet is the Gulf Coast of Florida's only professional ballet company. In 1987, The Sarasota Ballet was founded by Jean Allenby-Weidner as a presenting organization with the goal of becoming a full resident ballet company. Today, the mission of the Sarasota Ballet is to have a commitment to artistic excellence. They enrich lives, captivate emotions and strengthen the community through the art of dance.

Impact Information

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This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

92.37

Accountability & Transparency

three stars

89.00

This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
86.3%
  Administrative Expenses 8.9%
  Fundraising Expenses 4.7%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 0.71
  Program Expenses Growth 2.9%
  Liabilities to Assets 13.1%
All data for Financial Performance Metrics calculations was provided by The Sarasota Ballet on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Sarasota Ballet on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Sarasota Ballet (FL) 90.53 four stars
Ballet Hispánico (NY) 94.47 four stars
Milwaukee Ballet (WI) 94.93 four stars
Paul Taylor Dance Foundation (NY) 86.88 three stars
Alvin Ailey Dance Foundation (NY) 91.43 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,791,434
   Federated Campaigns $0
   Membership Dues $39,863
   Fundraising Events $395,113
   Related Organizations $0
   Government Grants $139,103
Total Contributions $4,365,513
   Program Service Revenue $2,456,176
Total Primary Revenue $6,821,689
   Other Revenue $170
TOTAL REVENUE $6,821,859
   
EXPENSES  
   Program Expenses $5,691,886
   Administrative Expenses $605,004
   Fundraising Expenses $355,926
TOTAL FUNCTIONAL EXPENSES $6,652,816
   
Payments to Affiliates $0
Excess (or Deficit) for the year $169,043
   
Net Assets $5,509,309

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Ballet Productions $4,587,881 80.6%
Education Programs $763,392 13.4%
Dance $340,613 6.0%

Ratings History
The Sarasota Ballet has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-05 07/01/2019 90.53 four stars
2017-05 07/01/2018 92.02 four stars
2016-05 05/01/2017 91.45 four stars
2015-05 09/01/2016 94.74 four stars
2014-05 06/01/2016 92.22 four stars
 
CN 2.0
2014-05 09/01/2015 91.79 four stars
2013-05 11/01/2014 86.23 three stars
2012-05 04/01/2014 86.39 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 65-0135900
Name in IRS Master File SARASOTA BALLET OF FLORIDA INC
NTEE Code A63
NTEE Classification Ballet
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (90) Cultural performances
(149) Other instruction and training
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 1990
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End May
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • May, 2017
  • May, 2016
  • May, 2015
  • May, 2014
  • May, 2013
Compensation % of Expenses Paid to Title
$175,000 2.63% Joseph Volpe Executive Director
Other Salaries of Note
$222,419 3.34% Iain Webb Artistic Director

Highly Rated

Charity Name & State Overall Score Overall Rating
The Sarasota Ballet (FL) 90.53 four stars
American Ballet Theatre (NY) 90.44 four stars
Atlanta Ballet (GA) 90.11 four stars
San Francisco Ballet (CA) 86.28 three stars
Pacific Northwest Ballet (WA) 91.20 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Sarasota Ballet
5555 North Tamiami Trail
Sarasota, FL 34243
tel: (941) 359-0099
EIN: 65-0135900

Visit Web Site

Board Leadership

Richard Johnson
Chair

CEO

Joseph Volpe
Executive Director

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