Kansas Ballet Company

Analysis

Kansas Ballet Company is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in December 2013, 13 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 December 2023, Kansas Ballet Company reported income of $140k and spending of $129k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $140k (-14%), an average of -14% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kansas Ballet Company sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within KS. Charities of a similar size with the same main cause include Boston Comic Arts Foundation Limited ($140k), Essex County Museum and Historical Society Inc ($140k) and Newport News Japanese School Inc ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.