Minnesota Ballet Theatre

Analysis

Minnesota Ballet Theatre is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in August 2017, 9 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, Minnesota Ballet Theatre reported income of $71k and spending of $82k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $71k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Minnesota Ballet Theatre sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include Main Street Warner Inc ($71k), Hunter Creek Historical Foundation ($71k) and Russian Chamber Art Society ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.