Arts, Culture & Humanities (A630) IRS Verified DX Registered 990 on File

PRINCETON BALLET SOCIETY

EIN: 21-0732575 · NEW BRUNSWICK, NJ 08901-2113 · United States · FY 2024 Data

3 out of 5 54 / 100 Based on 2+ years of filings

Financial strength (30%) 65/100

Reliability (20%) 55/100

Effectiveness (25%) 93/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

American Repertory Ballet’s mission is to bring the joy, beauty, artistry and discipline of classical and contemporary dance to New Jersey and beyond through artistic and educational programs, presented by a financially responsible organization. This mission is realized through three distinct but unified parts: the preeminent professional classical and contemporary ballet company in the state; one of the largest non-profit dance schools in the nation, the Princeton Ballet School; and Access & Enrichment education and outreach initiatives which serve children and families in the community. The three parts of ARB work together to support the mission of the organization and annually reach over 60,000 individuals in New Jersey and beyond.

Financial Overview — FY 2024

$4.6M

Total Revenue

$5.1M

Total Expenses

$721K

Net Assets

133

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 85.1%

Fundraising Efficiency 44.3%

Operating Reserve 1.70x

Liability-to-Asset 86.0%

Revenue Diversification 61.7%

Executive Compensation $162K

Compared with Peers

FY 2024

Compared with 3,450 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	85.1%	77.9%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	12.9%	14.4%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	2.1%	5.4%	P10P90	Above median
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	44.3%	240.4%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	1.7 mo	16.5 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	86.0%	10.6%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	61.7%	74.5%	P10P90	Above median
Revenue growth Year over year revenue growth	0.9%	7.8%	P10P90
Expense growth Year over year expense growth	9.7%	8.0%	P10P90
Surplus margin Surplus as a share of revenue	-10.5%	-0.5%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$4.6M	$5.1M	$721K	85.1%	133
2023	$4.6M	$4.6M	$1.1M	85.0%	138
2022	$4.7M	$4.1M	$1.2M	84.5%	106
2021	$3.2M	$2.7M	N/A	—	128

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Organization Details

EIN: 21-0732575
State: NJ
City: NEW BRUNSWICK
ZIP: 08901-2113
Classification: A630
Category: Arts, Culture & Humanities
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1954
Foundation Code: 11
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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