Placer Theatre Ballet

Analysis

Placer Theatre Ballet is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in April 2001, 25 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, Placer Theatre Ballet reported income of $163k and spending of $130k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $162k to $163k (+0.8%), an average of +0.2% a year. The sharpest change came in the year to June 2022, when income rose by 12616%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Placer Theatre Ballet sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Cultura Latina Dance Academy Incorporated ($163k), Encore Theatrical Arts Project Inc a New Corp ($163k) and Harold Clurman Laboratory Theater Company Inc ($163k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Other salaries and wages came to $24k. At year end it held assets of $198k against liabilities of $0, net assets of $198k.