Delta Festival Ballet

Analysis

Delta Festival Ballet is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in September 1970, 56 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, Delta Festival Ballet reported income of $203k and spending of $330k, spending 163% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $338k to $203k (-40%), an average of -9.7% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delta Festival Ballet sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within LA. Charities of a similar size with the same main cause include Tres Doux Foundation ($203k), Committee of the Proprietors of the Common & Undivided Lands in New Ha ($203k) and Belmont Trolley Incorporated ($203k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.4% and program service revenue 42% of the total. Other salaries and wages came to $43k. At year end it held assets of $169k against liabilities of $0, net assets of $169k. It reported 54 employees.