Carolina Ballet Theatre Inc

Analysis

Carolina Ballet Theatre Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in January 1977, 49 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, Carolina Ballet Theatre Inc reported income of $393k and spending of $452k, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $261k to $393k (+50%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 105%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carolina Ballet Theatre Inc 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 66th percentile, and in the 71st percentile within SC. Charities of a similar size with the same main cause include L D Bell Band Boosters ($393k), Ignition Northwest ($393k) and Oregon Walks ($393k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 77% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.