Northern Plains Ballet

Analysis

Northern Plains Ballet is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Northern Plains Ballet reported income of $640k and spending of $591k, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $515k to $640k (+24%), an average of +5.6% a year. The sharpest change came in the year to August 2020, when income rose by 27%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northern Plains Ballet sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within ND. Charities of a similar size with the same main cause include Floyd County Historical Society Endowment Fund ($640k), Afro American Historical Assoc of Fauquier County ($640k) and Black Farmers Collective ($640k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $81k (14% of expenses). Other salaries and wages came to $187k. At year end it held assets of $1.5m against liabilities of $696k, net assets of $836k. It reported 13 employees.