Paradosi Christian Ballet

Analysis

Paradosi Christian Ballet is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in January 2008, 18 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 December 2023, Paradosi Christian Ballet reported income of $215k and spending of $218k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $165k to $215k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. 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, Paradosi Christian Ballet sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within WA. Charities of a similar size with the same main cause include Michigan Steam Engine & Threshers Club ($215k), Brick Studio RP Inc ($215k) and Early Music Foundation Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $69k (31% of expenses). At year end it held assets of $63k against liabilities of $0, net assets of $63k. It reported 11 employees.