Ensemble Ballet Theatre

Analysis

Ensemble Ballet Theatre is a registered charity in United States, based in Covington, WA. It received its IRS tax-exemption ruling in February 2005, 21 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, Ensemble Ballet Theatre reported income of $256k and spending of $180k, leaving 30% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $130k to $256k (+97%), an average of +97% a year. The sharpest change came in the year to August 2023, when income rose by 97%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ensemble Ballet Theatre sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Rocky Mount Historical Association ($256k), Historic Tabernacle Baptist Church- Selma Al Legacy Foundation ($256k) and Mount Gulian Society ($256k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 19% and program service revenue 72% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.