New Paltz Ballet Theatre Inc

Analysis

New Paltz Ballet Theatre Inc is a registered charity in United States, based in New Paltz, NY. It received its IRS tax-exemption ruling in May 2001, 25 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 December 2023, New Paltz Ballet Theatre Inc reported income of $84k and spending of $74k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $84k (-3.3%), an average of -3.3% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Paltz Ballet Theatre Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Family First ($84k), Seven Stars Arts Center Inc ($84k) and West Indian Independence Celebrations ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 81% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.