Pioneer Valley Ballet Guild

Analysis

Pioneer Valley Ballet Guild is a registered charity in United States, based in Easthampton, MA. It received its IRS tax-exemption ruling in June 1974, 52 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 June 2024, Pioneer Valley Ballet Guild reported income of $380k and spending of $427k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $341k to $380k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income dropped by 39%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pioneer Valley Ballet Guild sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Actors Youth Theatre ($380k), The Branson Arts Council Inc ($380k) and Presque Isle Light Station ($380k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.5% and program service revenue 84% of the total. Other salaries and wages came to $189k. At year end it held assets of $120k against liabilities of $95k, net assets of $25k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.