Union County Youth Ballet

Analysis

Union County Youth Ballet is a registered charity in United States, based in Monroe, NC. It received its IRS tax-exemption ruling in October 1999, 27 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 December 2023, Union County Youth Ballet reported income of $56k and spending of $38k, leaving 33% of income unspent that year. Over the whole period it spent 232% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Union County Youth Ballet sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Wingspan Arts Inc ($56k), Warren Theatre Guild Inc ($56k) and Asian and Pacific Islander Community Coalition of Oregon ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.