Petra Ballet Company

Analysis

Petra Ballet Company is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in October 2008, 18 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 August 2023, Petra Ballet Company reported income of $121k and spending of $126k, spending 104% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $119k to $121k (+2.1%), an average of +2.1% a year. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Petra Ballet Company sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MO. Charities of a similar size with the same main cause include Ruach Inc ($121k), Epidavros Project Inc ($121k) and Main Street Theatre Company ($121k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.