Ballet Frontier of Texas

Analysis

Ballet Frontier of Texas is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in November 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 (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 2024, Ballet Frontier of Texas reported income of $405k and spending of $457k, spending 113% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $257k to $405k (+58%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 95% 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 Frontier of Texas sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Midwest Central Railroad ($405k), Stars of Tomorrow Dance Co ($405k) and Big Imagination Foundation ($405k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $47k (10% of expenses). Other salaries and wages came to $181k. At year end it held assets of $227k against liabilities of $102k, net assets of $125k. It reported 23 employees.