Kintz Mejia Ballet Academy

Analysis

Kintz Mejia Ballet Academy is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1985, 41 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kintz Mejia Ballet Academy reported income of $76k and spending of $107k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $154k to $76k (-51%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kintz Mejia Ballet Academy sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 15th percentile within DC. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($76k), PTA California Congress of Parents Teachers & Students Inc ($76k) and Wabash Valley Arts Council ($76k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.