Plano Metropolitan Ballet Inc

Analysis

Plano Metropolitan Ballet Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in August 2004, 22 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 August 2024, Plano Metropolitan Ballet Inc reported income of $82k and spending of $77k, spending 94% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $78k to $82k (+5.0%), an average of +5.0% a year. 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, Plano Metropolitan Ballet Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Childrens AIDS Art Programme ($82k), Westerville South High School Instrumental Music Boosters Inc ($82k) and Processional Arts Workshop ($82k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 35% and program service revenue 40% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.