West Michigan Youth Ballet

Analysis

West Michigan Youth Ballet is a registered charity in United States, based in Ada, MI. It received its IRS tax-exemption ruling in March 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 June 2024, West Michigan Youth Ballet reported income of $334k and spending of $339k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.2m to $334k (-72%), an average of -22% a year. The sharpest change came in the year to June 2022, when income rose by 99%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, West Michigan Youth Ballet sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Ashland Cable Access Corp ($334k), Mendocino Performing Arts Company Inc ($335k) and Indiana Artisan Inc ($334k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 67% of the total. At year end it held assets of $1.2m against liabilities of $61k, net assets of $1.1m.