Ballet lovers are leaping for joy.
The financially strapped Ballet San Jose, which threatened to close its doors on Saturday if it couldn't raise enough money, announced it had surpassed its fundraising goal.
On Saturday, the group's deadline, the ballet said it had raised $640,000, more than the $500,000 leaders said they needed to keep its doors open.
In a statement, spokeswoman Shannon Atlas said some crucial funds came in from a San Jose city grant, a gift from Dan and Charmaine Warmenhoven, and other community donations.
Tech leaders and students put together videos to raise awareness and money for the ballet, and the fundraising became very public, drawing in sympathy and support from Silicon Valley and beyond.
Since the ballet went over its goal, Atlas said the remaining $90,000 will be used for "strategic long-term funding."
As the Mercury News reported, the company, which partnered with New York's American Ballet Theatre in 2012, has many accrued fiscal problems, including a $500,000 tax bill. John Fry, CEO of Fry's Electronics, also has not given as much, according to the Mercury News.
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In turn, the ballet dropped some performances and live music accompaniment. The budget for the organization, which includes 32 professional dancers and bustling school of 350 students, now stands at $5.6 million, down from a high of $8 million.
