Childrens Ballet Inc

Analysis

Childrens Ballet Inc is a registered charity in United States, based in Danville, IN. It received its IRS tax-exemption ruling in June 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 Inc reported income of $185k and spending of $182k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $119k to $185k (+55%), an average of +55% a year. The sharpest change came in the year to June 2023, when income rose by 55%. 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, Childrens Ballet Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include Knowledge Media for Generations Inc ($185k), Bradford County Historical Society ($185k) and Center Grove Fine Arts Academy Inc ($185k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $111k against liabilities of $124k, net assets of -$13k.