Ballet Theatre San Luis Obispo

Analysis

Ballet Theatre San Luis Obispo is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in February 2017, 9 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 June 2024, Ballet Theatre San Luis Obispo reported income of $220k and spending of $188k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $240k to $220k (-8.6%), an average of -8.6% a year. Over the whole period it spent 80% 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 Theatre San Luis Obispo sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Wright in Kankakee ($220k), Neighborhood North Museum of Play ($220k) and Spring Hill Historic Home Inc ($219k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $6,295 (3.3% of expenses). At year end it held assets of $302k against liabilities of $2,283, net assets of $300k.