The Silicon Valley Ballet announced it will close its doors; while there were some painful management decisions that led to its closure, the reality is more complex.
"As of late 2015, the Silicon Valley Ballet seemed to be doing everything right.
"At the helm was the experienced hand of Artistic Director Jose Manuel Carreño, formerly of the American Ballet Theatre, who came onboard in 2014. Ever aware of the power of branding, the ballet had changed its name from Ballet San Jose last year. And most encouragingly, it met a $3.5 million emergency capitalization goal and found its books balanced.
"Yet in early March the ballet announced it was shutting down, ending a 30-year run as the primary Bay Area dance company south of San Francisco.
"What happened?"--Mike Scutari, Inside Philanthropy