Palo Alto Ballet Incorporated
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To provide the best possible dance instruction, focusing primarily on ballet, to children and adults of all abilities; Provide the community with high quality ballet performances and opportunities to enjoy dance without regard to socioeconomic circumstances; promote an appreciation for the art of dance.
- Income
- $1.7 million
- Spending
- $1.5 million
- Spent on programs
- 100%
- Reserves
- 10.2 months of spending
- Largest source of income
- fees for its services, 83%
- Employees
- 32
- Volunteers
- 95
- Highest pay
- $124,630, artistic direct
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100.
Reserves
28 of 35Spendable reserves would cover 10.2 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
15 of 15Income exceeded spending by 15% of income.
Income trend
15 of 15Income rose 24% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 50 out of 100.
Independent board
5 of 250 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a 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
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed 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 May 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 (2)
- $1.3 million spent. STUDENT TRAINING: 221 STUDENTS WERE ENROLLED IN THE YOUTH PROGRAM WHICH HELD 32 CLASSES PER WEEK. ABOUT 800 STUDENTS HAVE ATTENDED THE 26 IN-PERSON WITH 24 ONLINE OPEN PROGRAM (DROP-IN) DANCE CLASSES. THIS HAD A SIGNIFICANT IMPACT ON THE HEALTH AND WELLNESS OF THE COMMUNITY. 2 YOUTH PROGRAM STUDENTS RECEIVE FINANCIAL AID ON AN AS-NEEDED BASIS.
- $153,706 spent. PERFORMANCES: PRODUCED AND PERFORMED 4 SHOWS OF THE NUTCRACKER AT THE MOUNTAIN VIEW CENTER FOR PERFORMING ARTS (1832 ATTENDED), 2 SPRING SHOWS OF BEAUTY AND THE BEAST (808 ATTENDED) AND 2 SHOWS OF FESTIVAL OF THE ANIMALS CHILDRENS RECITAL (414 ATTENDED) AT THE MOUNTAIN VIEW CENTER FOR PERFORMING ARTS AND A GRADUATION GALA (174 ATTENDED) AT THE MENLO ATHERTON PERFORMING ARTS CENTER, PERFORMED A SUMMER SHOWCASE AT THE SCHOOL.
Source: Form 990 for the year ending May 31, 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 October 13, 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 May 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 April 1979.
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 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.