Los Gatos Ballet Foundation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
FOUNDED IN 2005, LOS GATOS BALLET FOUNDATION'S MISSION IS TO INSPIRE AND CULTIVATE APPRECIATION AND LOVE OF DANCE BY PROVIDING HIGH QUALITY EDUCATIONAL AND TRAINING PROGRAMS, SUPERB PERFORMANCES, AND COLLABORATION WITH OTHER ARTS ORGANIZATIONS.
- Income
- $287,793
- Spending
- $212,573
- Spent on programs
- 74%
- Reserves
- 21.7 months of spending
- Largest source of income
- fees for its services, 87%
- Employees
- 0
- Volunteers
- 110
- Highest pay
- $91,360, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100. Higher than 75% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 21.7 months of spending.
Debt
10 of 20It owes 32% of what it owns.
Living within its means
15 of 15Income exceeded spending by 26% of income.
Income trend
15 of 15Income rose 3% on the year before.
Spending floor
15 of 1574% of spending went to programs and raising each dollar of donations cost 6 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 21 out of 100. Higher than 1% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
0 of 251 of 2 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $153,417 spent. SINCE 2003, LOS GATOS BALLET FOUNDATION HAS BEEN SERVING THE BROADER COMMUNITY THROUGH HIGH-QUALITY PERFORMANCES, PROVIDING DISCOUNTED AND/OR FREE TICKETS TO THE UNDERSERVED AND ELDERLY. THROUGH ITS ARTIST ENRICHMENT AND DEVELOPMENT PROGRAMS, YOUTH AND PROFESSIONAL ARTISTS ARE GIVEN OPPORTUNITY TO BRING NEW WORKS TO STAGE ANNUALLY. ITS COLLABORATE EFFORTS INCLUDE WORKING WITH CALIFORNIA ADAPTIVE ARTS, SJDANCECO, SAN JOSE DANCE THEATRE, NEW BALLET, WEST VALLEY COLLAGE, AND A VARIETY OF INDIVIDUAL ARTISTS.
- $3,904 spent. SINCE 2008, LOS GATOS BALLET FOUNDATION HAS PROVIDED OUTREACH EDUCATION AND TRAINING IN LOCAL AND UNDERSERVED SCHOOLS, SPECIFICALLY SERVING THE ENTIRE SECOND GRADE IN A 4 TO 6 WEEK PROGRAM, WITH AN AVERAGE OF SERVING 2 TO 3 SCHOOLS ON AN ANNUAL BASIS. SCHOLARSHIPS ARE AWARDED ON AN ANNUAL BASIS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2005.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.