Tampa City Ballet Inc

Analysis

Tampa City Ballet Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in May 2009, 17 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 December 2023, Tampa City Ballet Inc reported income of $232k and spending of $238k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $162k to $232k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tampa City Ballet Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Community School of the Arts ($232k), Civic Ballet Company of Scranton ($232k) and Grand Illusion Cinema ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $26k against liabilities of $20k, net assets of $5,921.