Childrens Ballet of San Antonio

Analysis

Childrens Ballet of San Antonio is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 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 June 2023, Childrens Ballet of San Antonio reported income of $461k and spending of $502k, spending 109% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $386k to $461k (+19%), an average of +6.1% a year. The sharpest change came in the year to June 2022, when income rose by 126%. 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, Childrens Ballet of San Antonio sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Southern Memorial Association ($461k), Friends of Calhouns Gem Theatre Inc ($461k) and Arnot Art Museum ($460k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $25k (5.0% of expenses). Other salaries and wages came to $114k. At year end it held assets of $131k against liabilities of $12k, net assets of $119k. It reported 5 employees.