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Arts, Culture, Humanities : Performing Arts

New York City Ballet

Promoting and sustaining the highest standards of classical dance

four stars

93.82

David H. Koch Theater 20 Lincoln Center
New York, NY 10023
tel: (212) 870-5677   Web Site
EIN: 13-2947386

Board Leadership
Ronald N. Beck
Chairman

CEO
Katherine E. Brown
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 93.82 four stars
  Financial 94.78 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 11/01/2018 and includes data from FY2017, the most recent 990 received at that time.

The New York City Ballet (NYCB), one of the foremost dance companies in the world, is unique in U.S. artistic history. Solely responsible for training its own artists and creating its own works, the New York City Ballet was the first ballet institution in the world with two permanent homes, the New York State Theater at Lincoln Center and the Saratoga Performing Arts Center in Saratoga Springs, New York. The NYCB remains dedicated to the vision of its founders as it pursues two primary objectives: to preserve the ballets, dance aesthetic, and standards of excellence created and established by its founders; and to develop new work that draws on the creative talents of contemporary choreographers and composers, and speaks to the time in which it is made.

The New York City Ballet (NYCB), one of the foremost dance companies in the world, is unique in U.S. artistic history. Solely responsible for training its own artists and creating its own works, the New York City Ballet was the first ballet institution in the world with two permanent homes, the New York State Theater at Lincoln Center and the Saratoga Performing Arts Center in Saratoga Springs, New York. The NYCB remains dedicated to the vision of its founders as it pursues two primary objectives: to preserve the ballets, dance aesthetic, and standards of excellence created and established by its founders; and to develop new work that draws on the creative talents of contemporary choreographers and composers, and speaks to the time in which it is made.

Impact Information

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Financial

four stars

94.78

Accountability & Transparency

four stars

93.00

This rating was published 11/01/2018 and includes data from FY2017, 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)
87.0%
  Administrative Expenses 7.6%
  Fundraising Expenses 5.3%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 0.98
  Program Expenses Growth 7.8%
  Liabilities to Assets 12.5%
All data for Financial Performance Metrics calculations was provided by New York City Ballet on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by New York City Ballet on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
New York City Ballet (NY) 93.82 four stars
Milwaukee Ballet (WI) 89.90 three stars
Pacific Northwest Ballet (WA) 90.05 four stars
Boston Ballet (MA) 86.74 three stars
Mark Morris Dance Group (NY) 91.94 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $20,259,218
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $5,224,665
   Related Organizations $0
   Government Grants $2,724,403
Total Contributions $28,208,286
   Program Service Revenue $47,280,057
Total Primary Revenue $75,488,343
   Other Revenue $9,076,745
TOTAL REVENUE $84,565,088
   
EXPENSES  
   Program Expenses $73,102,408
   Administrative Expenses $6,259,336
   Fundraising Expenses $4,580,209
TOTAL FUNCTIONAL EXPENSES $83,941,953
   
Payments to Affiliates $0
Excess (or Deficit) for the year $623,135
   
Net Assets $212,852,971

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 Performances $67,372,125 92.2%
Residency at Saratoga Performing Arts Center $4,286,712 5.9%
Educational Programming $1,443,571 2.0%

Within the last year, this charity had a CN Advisory removed. Read More

Ratings History
New York City Ballet has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 11/01/2018 93.82 four stars
2016-06 03/01/2018 92.74 four stars
2015-06 12/01/2016 91.84 four stars
2014-06 06/01/2016 89.00 three stars
 
CN 2.0
2014-06 11/01/2015 89.20 three stars
2013-06 12/22/2014 88.24 three stars
2012-06 11/01/2013 88.64 three stars
2011-06 09/01/2012 84.46 three stars
2010-06 09/20/2011 79.97 two stars
 
CN 1.0
2009-06 11/24/2010 86.85 three stars
2008-06 02/01/2010 87.11 three stars
2007-06 03/01/2009 88.33 three stars
2006-06 07/01/2007 85.97 three stars
2005-06 11/01/2006 88.09 three stars
2004-06 10/01/2005 85.62 three stars
2003-06 11/01/2004 81.65 three stars
2002-06 06/09/2003 76.65 two stars
2001-06 10/15/2002 89.07 three stars

Historical CN Advisories

01/30/2018-04/01/2018: Low Concern Advisory

In accordance with our policy for removing CN Advisories, Charity Navigator removed the Low Concern CN Advisory for the New York City Ballet on April 1, 2018, because the issues that prompted the CN Advisory have been resolved. Specifically:

  • On February 15, 2018, The New York Times published an article titled, "Abuse Accusations Against Peter Martins Are Not Corroborated, Inquiry Says." For more information, see The New York Times article.

Charity Navigator had published a Low Concern CN Advisory on the New York City Ballet because we became aware of the following information in connection with this charity:

  • On January 1, 2018, The New York Times investigated the operations of New York City Ballet, in an article titled, "Peter Martins Retires From New York City Ballet After Misconduct Allegations." For this reason, we have issued a Low Concern CN Advisory. For more information regarding the investigation, please see The New York Times article.

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

EIN 13-2947386
Name in IRS Master File NEW YORK CITY BALLET INC
NTEE Code A63
NTEE Classification Ballet
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (90) Cultural performances
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 August, 1978
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$540,570 0.64% Katherine Brown Executive Director
Other Salaries of Note
$900,000 1.07% Peter Martins Ballet Master In Chief

Highly Rated

Charity Name & State Overall Score Overall Rating
New York City Ballet (NY) 93.82 four stars
The Joffrey Ballet (IL) 91.61 four stars
RIOULT Dance NY (NY) 92.68 four stars
Ballet Hispánico (NY) 94.47 four stars
Tulsa Ballet (OK) 92.19 four stars

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Charity Contact Info

New York City Ballet
David H. Koch Theater
20 Lincoln Center
New York, NY 10023
tel: (212) 870-5677
EIN: 13-2947386

Visit Web Site

Board Leadership

Ronald N. Beck
Chairman

CEO

Katherine E. Brown
Executive Director

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