Rockingham Ballet Theatre Inc

Analysis

Rockingham Ballet Theatre Inc is a registered charity in United States, based in Bridgewater, VA. It received its IRS tax-exemption ruling in January 2001, 25 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 December 2023, Rockingham Ballet Theatre Inc reported income of $50k and spending of $50k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $50k (+8.3%), an average of +8.3% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rockingham Ballet Theatre Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Enrichment Through Culture Etc Inc ($50k), National Capital Chapter 186 Inc Experimental Aircraft Association ($50k) and Camp Blount Historic Site Association ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.