Southern California Ballet Inc

Analysis

Southern California Ballet Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 1985, 41 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, Southern California Ballet Inc reported income of $909k and spending of $797k, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $586k to $909k (+55%), an average of +12% a year. The sharpest change came in the year to September 2022, when income rose by 46%. 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, Southern California Ballet Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Archipelago Books Inc ($909k), Antiquities Coalition ($909k) and Cass County North Dakota Historical Society ($909k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Other salaries and wages came to $363k. At year end it held assets of $268k against liabilities of $32k, net assets of $236k. It reported 26 employees.