Inland Valley Classical Ballet Theater

Analysis

Inland Valley Classical Ballet Theater is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in August 2005, 21 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Inland Valley Classical Ballet Theater reported income of $209k and spending of $247k, spending 118% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $228k to $209k (-8.3%), an average of -4.2% a year. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Inland Valley Classical Ballet Theater sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Fptower Inc ($209k), Polish Cultural Foundation Inc ($209k) and Ovation Theatre ($209k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.