Kansas School of Classical Ballet Inc

Analysis

Kansas School of Classical Ballet Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in September 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 June 2024, Kansas School of Classical Ballet Inc reported income of $263k and spending of $251k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2024, income fell from $277k to $263k (-5.3%), an average of -1.4% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kansas School of Classical Ballet Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within KS. Charities of a similar size with the same main cause include Art Camp 504 ($263k), Daces Rock N More Music Academy ($263k) and Hilltown Youth Performing Arts Program Inc ($263k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $134k against liabilities of $23k, net assets of $111k.