Los Angeles Ballet receives $2.4M from Perenchio Foundation for long-term financial stability

Los Angeles Ballet has received a $2.4 million grant from the Perenchio Foundation to strengthen the company’s long-term financial stability. The multi-year unrestricted grant will support infrastructure, including staffing, systems, and reserves, giving the Los Angeles, California-based company greater capacity for strategic planning and to withstand ongoing financial challenges. The funding comes as Los Angeles Ballet enters its third decade, supporting its professional productions, artist development and community programs serving underserved audiences across Los Angeles County.