Miami Valley Ballet Theatre Inc

Analysis

Miami Valley Ballet Theatre Inc is a registered charity in United States, based in Hamilton, OH. It received its IRS tax-exemption ruling in January 2012, 14 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 January 2024, Miami Valley Ballet Theatre Inc reported income of $312k and spending of $285k, spending 91% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $242k to $312k (+29%), an average of +6.5% a year. The sharpest change came in the year to January 2022, when income rose by 73%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Miami Valley Ballet Theatre Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Fort Smith Museum of History ($312k), Music in Schools Today ($312k) and Summerville Orchestra ($312k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $50k (18% of expenses). At year end it held assets of $324k against liabilities of $3,728, net assets of $320k.