Dali Ballet Company

Analysis

Dali Ballet Company is a registered charity in United States, based in Ruidoso, NM. It received its IRS tax-exemption ruling in October 2003, 23 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, Dali Ballet Company reported income of $93k and spending of $136k, spending 147% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $127k to $93k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 148% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dali Ballet Company sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 30th percentile within NM. Charities of a similar size with the same main cause include Indian Octaves ($93k), Rockingham County Arts Council Inc ($93k) and House of Dance Foundation ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 32% of the total. At year end it held assets of $230k against liabilities of $352k, net assets of -$121k.