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The Sarasota Cuban Ballet School Inc

EIN 45-5074780 · Sarasota, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak23 out of 100GovernanceStrong92 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF THE SARASOTA CUBAN BALLET IS TO CELEBRATE AND SUSTAIN THE CULTURAL LEGACY OF THE CUBAN BALLET TRADITION, SHARING ITS UNIQUENESS THROUGH PERFORMANCE, EDUCATION, AND COMMUNITY OUTREACH.

Income
$756,166
Spending
$850,206
Spent on programs
58%
Reserves
0.2 months of spending
Largest source of income
fees for its services, 60%
Employees
9
Volunteers
10
Highest pay
$57,500, managing director

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 23 out of 100. Higher than 2% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.2 months of spending.

  • Debt

    2 of 20

    It owes 84% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 12% of income.

  • Income trend

    5 of 15

    Income fell 19% on the year before.

  • Spending floor

    8 of 15

    58% of spending went to programs and raising each dollar of donations cost 38 cents.

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 92 out of 100. Higher than 87% of charities in its peer group (arts and culture, $250k to $1m).

  • Independent board

    25 of 25

    8 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending July 31, 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 (3)
  1. THE SARASOTA CUBAN BALLET STUDIO COMPANY THAT STRIVES TO DEVELOP STRONG AND CONFIDENT DANCERS, GIVING THEM THE OPPORTUNITY TO EXPAND THEIR ARTISTIC DEVELOPMENT AND PERFORMANCE EXPERIENCE. THE STUDIO COMPANY PROVIDES AN IMPORTANT BRIDGE FROM STUDENT TRAINING TO A PROFESSIONAL DANCE CAREER AND AS A PROFESSIONAL DANCE COMPANY, IT IS THE NEXT LEVEL UP IN PRE-PROFESSIONAL TRAINING. [THE GULFCOAST STUDIO COMPANY WAS RENAMED THE SARASOTA CUBAN BALLET STUDIO COMPANY IN OCT 2025]
  2. $465,078 spent. A FULL ARRAY OF DANCE CLASSES INCLUDING CREATIVE MOVEMENT FOR VERY YOUNG CHILDREN, BALLET FOR CHILDREN AGES SIX AND ABOVE, AND A PRE-PROFESSIONAL PROGRAM, PREPARING FOR OUR MOST SKILLED STUDENTS FOR A CAREER IN BALLET.
  3. $26,965 spent. A SUMMER INTENSIVE PROGRAM THAT BRINGS TOGETHER YOUNG PEOPLE FROM ALL OVER THE WORLD WHO HAVE THE TALENT AND DRIVE TO BECOME PROFESSIONAL DANCERS.

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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 October 13, 2026.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending July 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 October 21, 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.