Idaho Regional Ballet Inc

Analysis

Idaho Regional Ballet Inc is a registered charity in United States, based in Eagle, ID. It received its IRS tax-exemption ruling in August 2012, 14 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 June 2024, Idaho Regional Ballet Inc reported income of $165k and spending of $168k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $139k to $165k (+19%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 127% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Idaho Regional Ballet Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within ID. Charities of a similar size with the same main cause include Artistic Civic Theatre Company ($165k), Gordon House Conservancy Inc ($165k) and Bellefonte Art Museum for Centre County ($165k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $99k against liabilities of $75k, net assets of $24k.