The Boulder Ballet

Analysis

The Boulder Ballet is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in December 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 July 2024, The Boulder Ballet reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $921k to $1.3m (+41%), an average of +7.0% a year. The sharpest change came in the year to July 2023, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Boulder Ballet sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include I and I Antique Tractor and Gas Engine Club ($1.3m), 10 Talents ($1.3m) and San Diego Musical Theatre ($1.3m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 37% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $92k (7.2% of expenses). Other salaries and wages came to $524k. At year end it held assets of $513k against liabilities of $78k, net assets of $435k. It reported 38 employees.