Southern New Hampshire Youth Ballet

Analysis

Southern New Hampshire Youth Ballet is a registered charity in United States, based in Bedford, NH. It received its IRS tax-exemption ruling in August 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Southern New Hampshire Youth Ballet reported income of $147k and spending of $150k, spending 102% of its income. Across the 4 years on record, from July 2020 to July 2024, income grew from $103k to $147k (+43%), an average of +13% a year. The sharpest change came in the year to July 2023, when income rose by 77%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southern New Hampshire Youth Ballet sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within NH. Charities of a similar size with the same main cause include German Cultural Foundation ($147k), Major Chords for Minors ($147k) and The Beckley Art Group Inc ($147k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 1.8% and program service revenue 41% of the total. At year end it held assets of $3,533 against liabilities of $2,572, net assets of $961.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.