Ballet Midwest Inc

Analysis

Ballet Midwest Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in June 1978, 48 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 May 2024, Ballet Midwest Inc reported income of $131k and spending of $110k, spending 84% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $127k to $131k (+3.3%), an average of +3.3% a year. 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, Ballet Midwest Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within KS. Charities of a similar size with the same main cause include Ohio Valley Antique Machinery Inc ($131k), Olcott Beach Carousel Park Association Inc ($131k) and Diversity VC US Inc ($131k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 0.5% and program service revenue 62% of the total. At year end it held assets of $203k against liabilities of $0, net assets of $203k.