Inland Empire Contemporary Ballet Inc

Analysis

Inland Empire Contemporary Ballet Inc is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in April 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 December 2023, Inland Empire Contemporary Ballet Inc reported income of $101k and spending of $75k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $101k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Inland Empire Contemporary Ballet Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Krayon Kids Musical Theater ($101k), Taylor Music Group ($101k) and Dance Arts Foundation ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $35k against liabilities of $176k, net assets of -$141k.