Ballet Folklorico Ollin Yoliztli

Analysis

Ballet Folklorico Ollin Yoliztli is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Ballet Folklorico Ollin Yoliztli reported income of $470k and spending of $470k, spending 100% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $347k to $470k (+36%), an average of +16% a year. The sharpest change came in the year to July 2023, when income rose by 42%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ballet Folklorico Ollin Yoliztli 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 66th percentile within AZ. Charities of a similar size with the same main cause include International Friendship Center ($470k), Lamb Arts Ltd ($471k) and Igogo International Inc ($470k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $71k. At year end it held assets of $41k against liabilities of $40k, net assets of $931.