Amherst Ballet Theatre Company Inc

Analysis

Amherst Ballet Theatre Company Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in October 1977, 49 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 June 2023, Amherst Ballet Theatre Company Inc reported income of $117k and spending of $122k, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $126k to $117k (-7.1%), an average of -7.1% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amherst Ballet Theatre Company Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Philharmonic Society of Belleville ($117k), North County Dance and Performing Arts Foundation ($117k) and Zumbrota Area Arts Council ($117k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 69% of the total. At year end it held assets of $247k against liabilities of $182k, net assets of $65k.