Ballet Folklorico Anahuac

Analysis

Ballet Folklorico Anahuac is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ballet Folklorico Anahuac reported income of $165k and spending of $104k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $165k (+121%), an average of +121% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ballet Folklorico Anahuac sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Chamber Music Albuquerque ($165k), After School Film Institute Inc ($166k) and Denver Lyric Opera Guild ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.