Lumiere Ballet Co Inc

Analysis

Lumiere Ballet Co Inc is a registered charity in United States, based in Bay Shore, NY. It received its IRS tax-exemption ruling in May 1995, 31 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 August 2023, Lumiere Ballet Co Inc reported income of $74k and spending of $77k, spending 104% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $85k to $74k (-13%), an average of -13% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lumiere Ballet Co Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Summit Music Festival Inc ($74k), Star Chinese Language School ($74k) and Taste of the Caribbean Arts & Culture CT Inc ($74k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 19% and program service revenue 75% of the total. At year end it held assets of $24k against liabilities of $25k, net assets of -$1,276.