Ballet Fantastique

Analysis

Ballet Fantastique is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ballet Fantastique reported income of $607k and spending of $930k, spending 153% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $585k to $607k (+3.8%), an average of +0.9% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ballet Fantastique sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OR. Charities of a similar size with the same main cause include Tenant Education Network ($607k), Wayland Creative Preschool Inc ($607k) and Happy Hearts Kindergarten ($607k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $90k (9.7% of expenses). Other salaries and wages came to $199k. At year end it held assets of $513k against liabilities of $430k, net assets of $83k. It reported 19 employees.