Ballet Northwest

Analysis

Ballet Northwest is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in April 1973, 53 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, Ballet Northwest reported income of $404k and spending of $379k, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $328k to $404k (+23%), an average of +5.3% a year. The sharpest change came in the year to August 2022, when income rose by 84%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ballet Northwest sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Campo Garzon Inc ($403k), Bundled Arrows Inc ($404k) and Odunde Inc ($403k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Other salaries and wages came to $30k. At year end it held assets of $149k against liabilities of $13k, net assets of $136k. It reported 7 employees.