San Diego Ballet

Analysis

San Diego Ballet is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, San Diego Ballet reported income of $969k and spending of $969k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $656k to $969k (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 112%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Diego Ballet sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Womens Self-Help Center Inc ($969k), Help at Your Door ($969k) and New Mexico Wildlife Center Inc ($968k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $73k (7.5% of expenses). Other salaries and wages came to $222k. At year end it held assets of $480k against liabilities of $124k, net assets of $356k. It reported 27 employees.