Southwest Youth Ballet Theatre Inc

Analysis

Southwest Youth Ballet Theatre Inc is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in January 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 August 2024, Southwest Youth Ballet Theatre Inc reported income of $75k and spending of $72k, spending 96% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $61k to $75k (+23%), an average of +23% a year. The sharpest change came in the year to August 2024, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southwest Youth Ballet Theatre Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within AZ. Charities of a similar size with the same main cause include The Hopeless Foundation ($75k), Lakeshore Community Concerts ($75k) and Laredo Cultural District Inc ($75k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 37% and program service revenue 44% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.