Ballet Arts Academy at the Old Waldorf School

Analysis

Ballet Arts Academy at the Old Waldorf School is a registered charity in United States, based in Brandywine, MD. It received its IRS tax-exemption ruling in July 2007, 19 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, Ballet Arts Academy at the Old Waldorf School reported income of $53k and spending of $49k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $59k to $53k (-11%), an average of -10% a year. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ballet Arts Academy at the Old Waldorf School sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within MD. Charities of a similar size with the same main cause include Baht Wor Charity Foundation ($53k), Davis Senior High School Band Boosters ($53k) and Society for Science at User Research Facilities Ssurf ($53k).

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 $75 against liabilities of $22k, net assets of -$22k.