Oil Region Ballet Company

Analysis

Oil Region Ballet Company is a registered charity in United States, based in Franklin, PA. It received its IRS tax-exemption ruling in October 2015, 11 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, Oil Region Ballet Company reported income of $63k and spending of $49k, leaving 23% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $43k to $63k (+47%), an average of +46% a year. The sharpest change came in the year to June 2024, when income rose by 47%. 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, Oil Region Ballet Company sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include KHS Friends of Music Inc ($63k), Arts of Snohomish ($63k) and Vermont Ballet Theater Inc ($63k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 40% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.