Main Street Ballet Company Inc

Analysis

Main Street Ballet Company Inc is a registered charity in United States, based in Woodbury, CT. It received its IRS tax-exemption ruling in March 2015, 11 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 June 2024, Main Street Ballet Company Inc reported income of $53k and spending of $51k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $59k to $53k (-9.9%), an average of -9.9% a year. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Main Street Ballet Company Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within CT. Charities of a similar size with the same main cause include Ingersoll Gender Center ($53k), HCHS Touchdown Club Inc ($53k) and Up Your Arts ($53k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.