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Tag: succession planning

Susan Olson Santoro, founder of New York Academy of Ballet, in black and white patterned dress, with Alessia Gaetana Santoro, her daughter, in strapless black dres, standing in front of a columned building.
Owning a Dance StudioPosted onDecember 15, 2022December 16, 2022

Moving Forward After Loss: Inheriting a Parent’s Dance Studio

When her mother died, Alessia Gaetana Santoro became the owner and artistic director of New York Academy of Ballet, the school her mom had founded. Here, Santoro discusses the challenges she’s overcome—and how she has expanded on her mother’s vision.

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Managing a Dance BusinessPosted onSeptember 16, 2020September 17, 2020

From Unexpected Succession Plan to Mission-Driven Success Story

What happens when a founder dies just before opening his dance school? At the late Kabby Mitchell III’s Tacoma Urban Performing Arts Center, a new leader was born in Klair Ethridge, who has grown the school threefold since its opening in 2017 and demonstrated what a mission-driven dance organization looks like today.

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Owning a Dance StudioPosted onDecember 16, 2019April 15, 2020

Exit Strategy: Handing Off the Nonprofit Dance Studio You Founded

Start well in advance, because not only will you be seeking new executive leadership, you’ll want to lay the groundwork for them to be successful. Here’s how Dance Place in Washington, DC, did it.

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Owning a Dance StudioPosted onNovember 20, 2019April 15, 2020

Exit Strategy: Two Dance Studio Owners Sell Their Businesses

Whatever second (or third) act you’re ready to embark on, your legacy and financial security will be affected by the successor you choose—and the deal you make. Here’s how two dance studio owners navigated the passage.

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