North Texas Youth Ballet Inc

Analysis

North Texas Youth Ballet Inc is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in November 2003, 23 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 December 2023, North Texas Youth Ballet Inc reported income of $64k and spending of $74k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $64k (-12%), an average of -12% a year. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Texas Youth Ballet Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Pano Network Inc ($64k), Afrolatino Forum ($64k) and Minnesota Bach Ensemble ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.