South Georgia Ballet

Analysis

South Georgia Ballet is a registered charity in United States, based in Thomasville, GA. It received its IRS tax-exemption ruling in April 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 (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, South Georgia Ballet reported income of $659k and spending of $626k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $591k to $659k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2020, when income dropped by 20%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Georgia Ballet sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within GA. Charities of a similar size with the same main cause include Uss Yorktown Foundation ($659k), Opera North ($660k) and Merrimack Academy for Theperforming Arts Inc ($659k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 30% of the total. Other salaries and wages came to $300k. At year end it held assets of $769k against liabilities of $15k, net assets of $755k. It reported 18 employees.