New Orleans Ballet Association

Analysis

New Orleans Ballet Association is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 1971, 55 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 2023, New Orleans Ballet Association reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.2m (+9.8%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income rose by 114%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Orleans Ballet Association sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within LA. Charities of a similar size with the same main cause include Colorado Childrens Chorale ($2.2m), Visual Arts Research & Resource Ctr Relating to the Caribbean Inc ($2.2m) and Ecoexploratorio Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 33% of the total. Other salaries and wages came to $355k. At year end it held assets of $4.2m against liabilities of $108k, net assets of $4.1m. It reported 39 employees.