Central West Ballet EIN 77-0154765

Central West Ballet

EIN  77-0154765 Public charity (501(c)(3)) Modesto, CA
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Size
$100K–1M
What they do
Offers dance training and experiences, promoting dance as an art form.
Leadership
Jose Soriano · President
Money in and out
$927K revenue, $989K expenses
Bottom line
83% program efficiency

Offers dance training and experiences, promoting dance as an art form. For fiscal year 2025 it reported $927K in revenue, $989K in expenses, and $576K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$927K
Pt VIII · Ln 12
Total expenses
$989K
Pt IX · Ln 25
Net assets
$576K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$61K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.15 Fundraising $0.03
Program efficiency
83%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
7.0mo
months of highly liquid reserves at operating expense rate▼ -4% vs prior filing year
Surplus margin
-7%
revenue over expenses, this year▼ -219% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$927K
FY2025▼ -8%
Expenses
$989K
FY2025▼ -4%
Total assets
$580K
FY2025▼ -8%
Total liabilities
$3K
FY2025▼ -27%
Total revenue
$927K
Pt VIII · Ln 12
Total expenses
$989K
Pt IX · Ln 25
Net assets
$576K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$61K
Total assetsPt X · Ln 16$580K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $816K of program spending, described in the organization's own filed words · FY2024.
01

Central west ballet provides local dance talent the opportunity for advanced dance training and performance experience. Central west ballet conducts a number of annual dance productions, and tours local schools.

$816Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCentral West Ballet
EINHdr · item D77-0154765
Principal addressHdr · item CModesto, CA
WebsiteHdr · item Jcwballet.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A62Z)
Ruling yearIRS BMFNov 1992

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice-Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$697K · 75%
Contributions & grants$156K · 17%
Other revenue$59K · 6%
Investment income$15K · 2%
Program service revenue75%$697K
Contributions & grants17%$156K
Other revenue6%$59K
Investment income2%$15K
Total revenueLn 12$927K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.15 Fundraising $0.03
Program services83%$816K
Management & general15%$148K
Fundraising3%$25K
Total functional expensesLn 25$989K

Balance Sheet

Part X · end of year
CashLn 1$575K
Total assetsLn 16$580K
Total liabilitiesLn 26$3K
Total net assetsLn 32$576K
Months of cash on handcomputed7.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $575K · Operating expenses/yr $989K
7.0 months
Where the money goes
Program services
Program services $816K · Total expenses $989K
83%
Management & General
Management & general $148K · Total expenses $989K
15%
Fundraising
Fundraising $25K · Total expenses $989K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $25K · Solicited contributions (3-yr avg) $361K
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $156K · Total revenue $927K
17%
Government reliance
Government grants — · Total revenue $927K
Earned-income share
Program service revenue $697K · Total revenue $927K
75%
Investment reliance
Investment income $15K · Total revenue $927K
+2%
Program self-sufficiency
Program service revenue $697K · Total expenses $989K
70%
Growth & trend
Revenue growth (YoY)
This year $927K · Prior year $1.0M
-8%
Revenue CAGR
FY2019 $629K · FY2024 $927K
+8%
Net-asset trend (YoY)
End of year $576K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $927K · Expenses $989K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $580K
Net-asset ratio
Net assets $576K · Total assets $580K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $580K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jose Soriano · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $989K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $397K · Total expenses $989K
40%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 15%
Fundraising cost ratio 16%
Revenue growth -8%
Investment management fee ratio 0%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 4 grants · $34K · 2019–2022
Unitemized GrantFY2022$11,941
Unitemized GrantFY2021$8,561
Unitemized GrantFY2019$6,750
Unitemized GrantFY2019$6,750

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$927K revenue · viewing · ⤓ 990 PDF
FY2024$1.0M revenue · ⤓ 990 PDF
FY2023$975K revenue · ⤓ 990 PDF
FY2022$1.1M revenue · ⤓ 990 PDF
FY2021$486K revenue · ⤓ 990 PDF
FY2020$629K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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