Central Pa Youth Ballet

Analysis

Central Pa Youth Ballet is a registered charity in United States, based in Carlisle, PA. It received its IRS tax-exemption ruling in January 1976, 50 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Central Pa Youth Ballet reported income of $4.5m and spending of $3.9m, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $5.6m to $4.5m (-19%), an average of -5.1% a year. The sharpest change came in the year to August 2022, when income rose by 78%. 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, Central Pa Youth Ballet sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Rocky Mountain Biological Laboratory at Gothic ($4.5m), The Owls Head Transportation Museum ($4.5m) and Hospital Clinic Home Center ($4.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 33% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $189k (4.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $8.5m against liabilities of $1.3m, net assets of $7.2m. It reported 21 employees.