Ashland Regional Ballet Inc

Analysis

Ashland Regional Ballet Inc is a registered charity in United States, based in Ashland, OH. It received its IRS tax-exemption ruling in April 1990, 36 years ago. 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 August 2024, Ashland Regional Ballet Inc reported income of $192k and spending of $198k, spending 103% of its income. Across the 3 years on record, from August 2022 to August 2024, income fell from $198k to $192k (-3.1%), an average of -1.6% a year. 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, Ashland Regional Ballet Inc 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 53rd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Madison County Mississippi Sheriffs Department Benefit Association ($192k), Western Reserve Fire Museum at Cleveland Inc ($192k) and Pop Warner Little Scholars Inc ($192k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 7.3% and program service revenue 88% of the total. Other salaries and wages came to $42k. At year end it held assets of $237k against liabilities of $104k, net assets of $133k. It reported 3 employees.