Ballet Etudes

Analysis

Ballet Etudes is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in August 1997, 29 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 June 2024, Ballet Etudes reported income of $147k and spending of $151k, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $172k to $147k (-14%), an average of -3.0% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ballet Etudes sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include West Ridge High School Band Parents Organization Inc ($147k), Womans Art Club of Cincinnati Foundation ($147k) and Society for the Preservation of Historic Oakwood ($147k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 68% of the total. It paid $379 in professional fundraising fees. At year end it held assets of $97k against liabilities of $1, net assets of $97k.