Civic Ballet Company of Scranton

Analysis

Civic Ballet Company of Scranton is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in September 1987, 39 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 2023, Civic Ballet Company of Scranton reported income of $232k and spending of $147k, leaving 37% of income unspent that year. Across the 3 years on record, from August 2019 to August 2023, income grew from $165k to $232k (+40%), an average of +18% a year. The sharpest change came in the year to August 2023, when income rose by 45%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Civic Ballet Company of Scranton sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Tampa City Ballet Inc ($232k), The Portland Players Inc ($232k) and Community School of the Arts ($232k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. Other salaries and wages came to $54k. At year end it held assets of $367k against liabilities of $263k, net assets of $104k. It reported 8 employees.