Bristol Concert Ballet Company

Analysis

Bristol Concert Ballet Company is a registered charity in United States, based in Bristol, VA. It received its IRS tax-exemption ruling in July 1971, 55 years ago. 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, Bristol Concert Ballet Company reported income of $290k and spending of $244k, spending 84% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $275k to $290k (+5.5%), an average of +2.7% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bristol Concert Ballet Company sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Baltimore Propeller Club Charitable Trust Inc ($290k), Three Rivers Festival Foundation Inc NFP ($290k) and Environmental Resource Center ($290k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 66% of the total. Other salaries and wages came to $79k. At year end it held assets of $345k against liabilities of $181k, net assets of $164k. It reported 2 employees.