Lemon Sponge Cake Contemporary Ballet

Analysis

Lemon Sponge Cake Contemporary Ballet is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in December 2004, 22 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 December 2023, Lemon Sponge Cake Contemporary Ballet reported income of $73k and spending of $49k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $73k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lemon Sponge Cake Contemporary Ballet sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within CO. Charities of a similar size with the same main cause include American Friends of British Art Inc ($73k), Central Louisiana Community Theatre ($73k) and Collage Dance Holding Company ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $74k against liabilities of $7,466, net assets of $66k.