Lynch Ballet Company Inc

Analysis

Lynch Ballet Company Inc is a registered charity in United States, based in Huntington, NY. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Lynch Ballet Company Inc reported income of $181k and spending of $145k, spending 80% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $147k to $181k (+23%), an average of +23% a year. The sharpest change came in the year to September 2023, when income rose by 23%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lynch Ballet Company Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include New Harmony Line Inc ($181k), The Franklin Square Historical Society and Museum ($181k) and Columbus Ohio Firefighters Museum Inc ($181k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.