Avant Chamber Ballet

Analysis

Avant Chamber Ballet is a registered charity in United States, based in Dallas, TX. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Avant Chamber Ballet reported income of $467k and spending of $505k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $316k to $467k (+48%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Avant Chamber Ballet sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Shrewsbury Media Connection Inc ($467k), Museum of American Heritage ($467k) and Philadelphia Dance Theatre Inc ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $14k (2.7% of expenses). At year end it held assets of $31k against liabilities of $83k, net assets of -$52k. It reported 1 employees.