Ballet for All Kids

Analysis

Ballet for All Kids is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in February 2011, 15 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, Ballet for All Kids reported income of $122k and spending of $193k, spending 158% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $122k (+14%), an average of +14% a year. Over the whole period it spent 185% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ballet for All Kids 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 44th percentile within CA. Charities of a similar size with the same main cause include Doors Open Pittsburgh Inc ($122k), Shaggers Incorporated ($122k) and Mid Continent Color Guard Association ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $5,976 against liabilities of $193k, net assets of -$187k.