Lake Arrowhead Classical Ballet Company

Analysis

Lake Arrowhead Classical Ballet Company is a registered charity in United States, based in LK Arrowhead, CA. It received its IRS tax-exemption ruling in May 1994, 32 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 December 2023, Lake Arrowhead Classical Ballet Company reported income of $76k and spending of $46k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $76k (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. 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, Lake Arrowhead Classical Ballet Company sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Ohio Choral Directors Association ($76k), Piedmont Historical Society Inc ($76k) and Westminster Community Artist Series Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.