Shreveport Metropolitan Ballet

Analysis

Shreveport Metropolitan Ballet is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in May 1975, 51 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 May 2023, Shreveport Metropolitan Ballet reported income of $389k and spending of $386k, spending 99% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $322k to $389k (+21%), an average of +4.8% a year. The sharpest change came in the year to May 2022, when income rose by 205%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shreveport Metropolitan Ballet 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 65th percentile within LA. Charities of a similar size with the same main cause include Plays of Wilton Inc ($389k), Harrison High Band Boosters Inc ($389k) and Pieter ($389k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Other salaries and wages came to $45k. At year end it held assets of $153k against liabilities of $0, net assets of $153k.