Saint Paul Ballet

Analysis

Saint Paul Ballet is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in June 1998, 28 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, Saint Paul Ballet reported income of $372k and spending of $413k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $415k to $372k (-10%), an average of -2.7% a year. The sharpest change came in the year to June 2020, when income dropped by 19%. 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, Saint Paul Ballet sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Ridgway Chautauqua Society Inc ($372k), Rain City Rock Camp for Girls ($372k) and Louisiana Crafts Guild Inc ($372k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $18k (4.4% of expenses). Other salaries and wages came to $197k. At year end it held assets of $64k against liabilities of $102k, net assets of -$38k. It reported 28 employees.