Ballet Theatre Foundation Inc

New York, NY · Founded 1947

American Ballet Theatre (ABT) is one of the greatest dance companies in the world, revered as a living national treasure since its founding in 1939 and dedicated to preserving and extending the great legacy of classical dance. ABT is headquartered in New York City and annually tours the U.S. and around the world.

Primary audience

Everyone

Contact

Susan Jaffe

Website Contact

About Organization

THE FOUNDATION'S BALLET COMPANY, AMERICAN BALLET THEATRE, DESIGNATED BY CONGRESSIONAL RESOLUTION IN 2006 AS AMERICA'S NATIONAL BALLET COMPANY, PRESENTS THE GREAT REPERTOIRE OF FULL-LENGTH BALLETS, ONE-ACT CLASSICS AND PIONEERING NEW WORKS TO AUDIENCES ACROSS THE COUNTRY AND AROUND THE WORLD.

Financial Information

Form 990 data showing organizational financial health and growth.

Revenue (2024)

$40.2M

+12% vs 2023

Expenses (2024)

$54.8M

-0.7% vs 2023

Assets (2024)

$63.3M

-16.2% vs 2023

Employees (2024)

769

+10% vs 2023

Year	Revenue	Expenses	Assets	Employees
2024	$40,182,750	$54,815,674	$63,261,248	769
2023	$35,878,483	$55,189,251	$75,456,104	699
2022	$37,561,780	$45,351,350	$75,851,680	734
2020	$28,032,406	$29,740,579	$65,047,659	493
2019	$47,153,046	$49,002,829	$60,582,745	779
2018	$51,665,826	$48,511,383	$56,907,684	771

Source: IRS Form 990 filings. All figures in USD.

Team & Leadership

Meet the people behind Ballet Theatre Foundation Inc.

Susan Jaffe

Artistic Director

Full-time

Compensation: $501,081

Barry Hughson

Executive Director (As Of 3/2024)

Full-time

Compensation: $432,888

Lourdes Liz

Chief Marketing Director

Full-time

Compensation: $238,294

Cheryl Kohn

Director, Leadership Gifts

Full-time

Compensation: $213,849

Kyle Ridaught

Chief Advancement Officer

Full-time

Compensation: $212,769

Sarah Arison

President

5 hrs/week

Herman Cornejo

Principal Dancer

Full-time

Compensation: $235,799

Paul Stearns

Principal Dancer

Full-time

Compensation: $216,622

Hee Seo

Principal Dancer

Full-time

Compensation: $207,134

Jenelle Vincent

Controller

Full-time

Compensation: $201,973

Andrew F Barth

Chairman

5 hrs/week

Associated People

Board members, advisors, and key contributors

Board of Directors

Alissa Hsu Lynch Trustee 1.00 hrs/week

Angela H Ho Trustee 1.00 hrs/week

Beth Chartoff Spector Trustee 1.00 hrs/week

Dmitri Potishko Trustee 1.00 hrs/week

Douglas C Wurth Trustee 1.00 hrs/week

Douglas Tabish Trustee 1.00 hrs/week

Francesca MacArtney Beale Trustee 1.00 hrs/week

Gwendolyn M Fragomen Trustee 1.00 hrs/week

Hamish Bowles Trustee 1.00 hrs/week

James Hexter Trustee 1.00 hrs/week

Janine Racanelli Trustee 1.00 hrs/week

Jenna Segal Trustee 1.00 hrs/week

John L Warden Trustee 1.00 hrs/week

Kara Moore Vice Chair 5.00 hrs/week

Melissa A Smith Vice Chair And Treasurer 5.00 hrs/week

Michael Paull Trustee 1.00 hrs/week

Nancy McCormick Trustee 1.00 hrs/week

Pamela Ford Trustee 1.00 hrs/week

Patricia R Morton Trustee 1.00 hrs/week

Paula Mahoney Trustee 1.00 hrs/week

Richard Pepperman Trustee 1.00 hrs/week

Rutger Von Post Trustee 1.00 hrs/week

Sharareh Siadat Trustee 1.00 hrs/week

Sharon Patrick Vice Chair 5.00 hrs/week

Shelly London Trustee 1.00 hrs/week

Stewart Smith Secretary 5.00 hrs/week

Susan Fales-Hill Trustee 1.00 hrs/week

Sutton Stracke Trustee 1.00 hrs/week

Valentino D Carlotti Trustee 1.00 hrs/week

Wendy Evans Joseph Trustee 1.00 hrs/week

Yongsoo Huh Trustee 1.00 hrs/week

Andrew F Barth Chairman

Information compiled from IRS Form 990 and organizational materials.

Executive Compensation

Top compensated officers & key employees from IRS Form 990

Total Reported (2024)

$2.6M

Highest Paid

$519K

Susan Jaffe

Compensated Officers

Name	Title	Base	Other	Total	Hrs/Wk
Susan Jaffe	Artistic Director	$501,081	$17,473	$518,554	40
Barry Hughson	Executive Director (As Of 3/2024)	$432,888	$7,078	$439,966	40
Herman Cornejo	Principal Dancer	$235,799	$21,877	$257,676	40
Lourdes Liz	Chief Marketing Director	$238,294	$17,402	$255,696	40
Paul Stearns	Principal Dancer	$216,622	$21,571	$238,193	40
Cheryl Kohn	Director, Leadership Gifts	$213,849	$17,536	$231,385	40
Kyle Ridaught	Chief Advancement Officer	$212,769	$17,497	$230,266	40
Hee Seo	Principal Dancer	$207,134	$21,400	$228,534	40
Jenelle Vincent	Controller	$201,973	$17,536	$219,509	40

Name	Title	Base	Other	Total	Hrs/Wk
Janet Rolle To 112023	CEO & EXEC. Director	$619,416	$43,399	$662,815	40
Susan Jaffe	Artistic DIR. & Interim EXEC. DIR.	$473,068	$14,435	$487,503	40
Stacy Margolis	Chief Advancement Officer	$316,211	$755	$316,966	40
Lourdes Liz	Chief Marketing Director	$270,988	$17,157	$288,145	40
Herman Cornejo	Principal Dancer	$234,092	$20,489	$254,581	40
Gillian Elizabeth Murphy	Principal Dancer	$228,411	$22,765	$251,176	40
Shawn Davidson	Chief Financial Officer	$210,476	$35,130	$245,606	40
Hee Seo	Principal Dancer	$222,901	$20,567	$243,468	40
Paul Stearns	Principal Dancer	$216,393	$20,461	$236,854	40

Name	Title	Base	Other	Total	Hrs/Wk
Janet Rolle	CEO / Executive Director	$482,484	$35,027	$517,511	40
Janet Rolle	CEO / Executive Director	$482,484	$35,027	$517,511	40
Kevin Mckenzie	Artistic Director Through 12/1/22	$464,547	$15,877	$480,424	40
Kevin Mckenzie	Artistic Director Through 12/1/22	$464,547	$15,877	$480,424	40
Shawn Davidson	Chief Financial Officer	$234,163	$31,656	$265,819	40
Shawn Davidson	Chief Financial Officer	$234,163	$31,656	$265,819	40
Kyle Ridaught	Head Of Business Operations	$230,731	$15,877	$246,608	40
Kyle Ridaught	Head Of Business Operations	$230,731	$15,877	$246,608	40
Lourdes Liz	Chief Marketing Director	$224,281	$15,877	$240,158	40
Lourdes Liz	Chief Marketing Director	$224,281	$15,877	$240,158	40
David Lansky	General Manager	$225,736	$11,887	$237,623	40
David Lansky	General Manager	$225,736	$11,887	$237,623	40
Cheryl Kohn	Senior Director, Development	$209,520	$15,877	$225,397	40
Cheryl Kohn	Senior Director, Development	$209,520	$15,877	$225,397	40
Godwin Farrugia	Senior Director Of Finance	$179,890	$13,231	$193,121	40

Name	Title	Base	Other	Total	Hrs/Wk
Kara M Barnett	Executive Director	$400,775	$22,490	$423,265	40
Kevin Mckenzie	Artistic Director	$397,911	$13,412	$411,323	40
Georgia Siampalioti	Chief Advancement Officer	$218,258	$13,412	$231,670	40
Erin Matson	Marketing Director	$185,142	$13,412	$198,554	40
David Lansky	General Manager	$175,784	$13,412	$189,196	40
Kyle Ridaught	Director Of Capital Projects	$174,567	$13,412	$187,979	40
Shawn Davidson	Chief Financial Officer	$177,630	$390	$178,020	40
Cheryl Kohn	Director Of Leadership Gifts	$162,615	$13,412	$176,027	40
Kimberly Shariff	Chief Administrative Officer	$161,687	$13,412	$175,099	40

Name	Title	Base	Other	Total	Hrs/Wk
Kara M Barnett	Executive Director	$466,515	$21,363	$487,878	40
Kevin Mckenzie	Artistic Director	$462,492	$13,453	$475,945	40
Alexei Ratmansky	Artist In Residence	$294,512	$39,904	$334,416	40
David Lansky	General Manager	$203,264	$13,453	$216,717	40
Erin Matson	Director Of Marketing	$195,654	$13,453	$209,107	40
Kyle Ridaught	Director Of Capital Projects	$195,225	$13,453	$208,678	40
Georgia Siampalioti	Chief Advancement Officer	$198,628	$9,152	$207,780	40
Paul Stearns	Principal Dancer	$192,607	$14,304	$206,911	40
Shawn Davidson	Chief Financial Officer	$197,200	$390	$197,590	40

Source: IRS Form 990 filings. Compensation includes base and other reported compensation.

COVID-19 PPP Loans

Paycheck Protection Program (2020-2021)

Fully Forgiven

Total Approved

$7.5M

Total Forgiven

$7.6M

101% forgiven

Jobs Retained

489

Loan Details 2 loans

$5,500,000

Forgiven

Forgiven: $5,577,706 100%

Approved Apr 11, 2020

Lender JPMorgan Chase Bank, National Association

Jobs Reported 226

Forgiven On Sep 15, 2021

$2,000,000

Forgiven

Forgiven: $2,030,053 100%

Approved May 11, 2021

Lender JPMorgan Chase Bank, National Association

Jobs Reported 263

Forgiven On Nov 16, 2022

Source: Small Business Administration • Paycheck Protection Program (2020-2021)

Partners & Funders

Grant funding relationships from IRS Form 990 filings

$674K Grants Received

10 Organizations

Top Funders

10 total

Fidelity Investments Charitable Gift Fund

$265K

Gs Donor Advised Philanthropy Fund

$160K

Charities Aid Foundation America

$50K

Morgan Stanley Global Impact Funding Trust Inc.

$50K

The New York Community Trust 2 grants

$49K

American Online Giving Foundation Inc.

$31K

American Endowment Foundation

$29K

The Chicago Community Trust

$25K

The Bessemer Giving Fund

$10K

Raymond James Charitable Endowment Fund

$6K

Fidelity Investments Charitable Gift Fund Gs Donor Advised Philanthropy Fund Charities Aid Foundation America Morgan Stanley Global Impact Funding Trust Inc. The New York Community Trust American Online Giving Foundation Inc. American Endowment Foundation The Chicago Community Trust The Bessemer Giving Fund Raymond James Charitable Endowment Fund

Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.

Ballet Theatre Foundation Inc

Financial Information

Team & Leadership

Susan Jaffe

Barry Hughson

Lourdes Liz

Cheryl Kohn

Kyle Ridaught

Sarah Arison

Herman Cornejo

Paul Stearns

Hee Seo

Jenelle Vincent

Andrew F Barth

Associated People

Board of Directors

Executive Compensation

COVID-19 PPP Loans

Loan Details 2 loans

Partners & Funders

Top Funders

Contact

Phone