City Ballet of Cleveland

Analysis

City Ballet of Cleveland is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 2010, 16 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 December 2023, City Ballet of Cleveland reported income of $115k and spending of $93k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $115k (+15%), an average of +15% a year. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, City Ballet of Cleveland sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Foglifter Press ($115k), Pinnacle Center Inc ($115k) and Council on Food Agricultural and Resource Economics Inc ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 42% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.