New Albany Childrens Ballet Theatre

Analysis

New Albany Childrens Ballet Theatre is a registered charity in United States, based in New Albany, OH. It received its IRS tax-exemption ruling in August 2025. 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 2020, New Albany Childrens Ballet Theatre reported income of $126k and spending of $145k, spending 115% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $363k to $126k (-65%), an average of -65% a year. The sharpest change came in the year to December 2020, when income dropped by 65%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Albany Childrens Ballet Theatre sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Old Colony Players Inc ($126k), Media Working Group ($126k) and Mare Island Historic Park Foundatio N ($126k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $45k (31% of expenses). At year end it held assets of $64k against liabilities of $1,411, net assets of $62k.