Champaign Urbana Ballet

Analysis

Champaign Urbana Ballet is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in January 2000, 26 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, Champaign Urbana Ballet reported income of $344k and spending of $272k, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $302k to $344k (+14%), an average of +4.5% a year. The sharpest change came in the year to June 2022, when income rose by 254%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Champaign Urbana Ballet sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Anastasis ($344k), South Brunswick High School Viking Music Parents Association ($344k) and Jijak Foundation ($344k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $47k (17% of expenses). At year end it held assets of $172k against liabilities of $0, net assets of $172k. It reported 3 employees.