New West Ballet Inc

Analysis

New West Ballet Inc is a registered charity in United States, based in Vista, CA. It received its IRS tax-exemption ruling in August 2016, 10 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, New West Ballet Inc reported income of $98k and spending of $85k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $98k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New West Ballet Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Studio Del Creador ($98k), Karl Stirner Arts Trail Inc ($98k) and Watch Hill Improvement Society ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.