Queen City Ballet Company

Analysis

Queen City Ballet Company is a registered charity in United States, based in Helena, MT. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Queen City Ballet Company reported income of $122k and spending of $98k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $122k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. 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, Queen City Ballet Company sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MT. Charities of a similar size with the same main cause include Dallas Television & Film Workshop Inc ($122k), Bullion Plaza Cultural Center & Museum ($122k) and Music Meets Medicine ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.