Saint Louis Ballet Company

Analysis

Saint Louis Ballet Company is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in February 1975, 51 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 2023, Saint Louis Ballet Company reported income of $1.6m and spending of $1.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.6m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2022, when income rose by 100%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Louis Ballet Company sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Confidence Learning Center ($1.6m), West Georgia Technical College Foundation Inc ($1.6m) and Taskforce Prevention and Community Services ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $77k (4.6% of expenses). Other salaries and wages came to $503k. At year end it held assets of $732k against liabilities of $55k, net assets of $678k. It reported 38 employees.