Oregon International Ballet Academy

Analysis

Oregon International Ballet Academy is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 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, Oregon International Ballet Academy reported income of $375k and spending of $405k, spending 108% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $202k to $375k (+86%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oregon International Ballet Academy sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within OR. Charities of a similar size with the same main cause include Black Artists & Designers Guild Inc ($375k), Bell Tower Production & Dinner Theater ($376k) and Foluke Cultural Arts Center Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $108k (27% of expenses). Other salaries and wages came to $13k. At year end it held assets of $117k against liabilities of $0, net assets of $117k. It reported 4 employees.