San Francisco Ballet Association: $59.8M Revenue, $47.4M Program Expenses

San Francisco Ballet Association grades a B on the nonprofit efficiency rubric. 65/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

San Francisco Ballet Association reported $59.8M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. San Francisco Ballet Association directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.

Five-year revenue has grown modestly. San Francisco Ballet Association is not expanding rapidly but is not shrinking either; the trajectory is consistent with stable donor and grant relationships. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. San Francisco Ballet Association sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.