Commonwealth Civic Ballet Company Incorporated

Analysis

Commonwealth Civic Ballet Company Incorporated is a registered charity in United States, based in Acton, MA. It received its IRS tax-exemption ruling in February 1994, 32 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, Commonwealth Civic Ballet Company Incorporated reported income of $234k and spending of $198k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $211k to $234k (+11%), an average of +3.5% a year. The sharpest change came in the year to June 2022, when income rose by 247%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Commonwealth Civic Ballet Company Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include California Agriculture Museum ($234k), Indian Business Association Inc ($234k) and Manor Club ($234k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.2% and program service revenue 90% of the total. Other salaries and wages came to $28k. At year end it held assets of $97k against liabilities of $0, net assets of $97k. It reported 1 employees.