Macomb Ballet Company

Analysis

Macomb Ballet Company is a registered charity in United States, based in Shelby TWP, MI. It received its IRS tax-exemption ruling in October 1991, 35 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 August 2023, Macomb Ballet Company reported income of $283k and spending of $204k, leaving 28% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $192k to $283k (+47%), an average of +10% a year. The sharpest change came in the year to August 2022, when income rose by 128%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Macomb Ballet Company sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Miami Stage Company-Miami Childrens Theater Inc ($283k), Brooklyn Film Society Inc ($283k) and Arab American Organization ($283k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $236k against liabilities of $0, net assets of $236k.