The Roxey Ballet Company Inc

Analysis

The Roxey Ballet Company Inc is a registered charity in United States, based in Frenchtown, NJ. It received its IRS tax-exemption ruling in May 1997, 29 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 June 2024, The Roxey Ballet Company Inc reported income of $427k and spending of $458k, spending 107% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $369k to $427k (+16%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 88% 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 Roxey Ballet Company Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include UN Mundo Sin Mordaza Inc ($427k), Mount Hope Learning Center ($427k) and Columbia Art League ($427k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $78k (17% of expenses). Other salaries and wages came to $195k. At year end it held assets of $327k against liabilities of $1,428, net assets of $325k. It reported 19 employees.