Ballad Research Institute

Analysis

Ballad Research Institute is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover science and technology, 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 June 2023, Ballad Research Institute reported income of $497k and spending of $483k, spending 97% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $289k to $497k (+72%), an average of +72% a year. The sharpest change came in the year to June 2023, when income rose by 72%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ballad Research Institute sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Abilene Philharmonic Foundation ($497k), Society for the Preservation of the City of Milwaukee ($497k) and Enacte Arts Inc ($497k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $154k. At year end it held assets of $412k against liabilities of $393k, net assets of $19k.