New Ballet School Downtown San Jose Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PROVIDING UNPARALLELED TRAINING FOR SERIOUS PRE-PROFESSIONAL BALLET STUDENTS. TRAINING AT THE NEW BALLET FOCUSES ON DEVELOPMENTALLY APPROPRIATE INSTRUCTION AND DANCER HEALTH FOR EACH STUDENT.
- Income
- $1.6 million
- Spending
- $1.7 million
- Spent on programs
- 68%
- Reserves
- 3.9 months of spending
- Largest source of income
- fees for its services, 67%
- Employees
- 76
- Volunteers
- 120
- Highest pay
- $73,182, president an
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
Fair: 55 out of 100. Higher than 26% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 3.9 months of spending.
Debt
2 of 20It owes 78% of what it owns.
Living within its means
8 of 15Spending exceeded income by 4% of income.
Income trend
10 of 15Income fell 1% on the year before.
Spending floor
15 of 1568% of spending went to programs and raising each dollar of donations cost 16 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
Good: 72 out of 100. Higher than 23% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 258 of 8 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
7 of 7Has a 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
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or 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)
- $674,961 spent. INSTRUCTION AND STUDENT SERVICE THE NEW BALLET SCHOOL IS DEDICATED TO FOSTERING THE TRADITION AND PRACTICE OF CLASSICAL BALLET IN SAN JOSE AND SILICON VALLEY. WITH A FULL PROFRESSIONAL FACULTY CERTIFIED IN THE AMERICAN BALLET THEATRE NATIONAL TRAINING CURRICULUM, THE BALLET SCHOOL COMBINES HIGH QUALITY ARTISTIC TRAINING WITH THE BASICS OF DANCER HEALTH AND CHILD DEVELOPMENT. OUR GOAL IS TO MAKE THE BENEFITS THE SERIOUS STUDY OF CLASSICAL PERFORMING ARTS AVAILABLE TO EVERYONE IN OUR COMMUNITY.
- $478,688 spent. PERFORMANCES DIVERSE STUDENTS FROM OUR LOCAL NEIGHBORHOODS AND BEYOND BENEFIT FROM EXPERT BALLET TRAINING AT THE NEW BALLET SCHOOL, ENJOYING CLASSES IN LARGE WELL-EQUIPPED STUDIOS ACCOMPANIED BY LIVE PIANO. PERFORMANCE OPPORTUNITIES THROUGH THE YEAR AT LOCAL THEATERS, AT SILICON VALLEY BUSINESSES, AT LOCAL PUBLIC SCHOOLS AND THROUGHOUT OUR COMMUNITY PROVIDE ARTISTIC GROWTH FOR OUR STUDENTS AND EXPOSURE TO THE ART FORM OF BALLET TO OUR COMMUNITY.
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 May 2016.
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.