Ballet Theatre of Ohio

Analysis

Ballet Theatre of Ohio is a registered charity in United States, based in Munroe Falls, OH. It received its IRS tax-exemption ruling in February 1995, 31 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 2023, Ballet Theatre of Ohio reported income of $567k and spending of $568k, spending 100% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $486k to $567k (+17%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 49%. 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, Ballet Theatre of Ohio sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include American Crystallographic Association ($567k), Starling Productions Inc ($567k) and Foundation for Anthropological Research and Environmental Studies ($567k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 78% of the total. Other salaries and wages came to $136k. At year end it held assets of $289k against liabilities of $6,949, net assets of $282k. It reported 6 employees.