Metropolitan Ballet Theatre Inc

Analysis

Metropolitan Ballet Theatre Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in September 1999, 27 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 June 2024, Metropolitan Ballet Theatre Inc reported income of $326k and spending of $270k, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $191k to $326k (+71%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Metropolitan Ballet Theatre Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within GA. Charities of a similar size with the same main cause include Art on the Square Foundation Inc ($326k), Metropolitan Club Foundation Inc ($326k) and Performing Arts School of Central Pennsylvania ($326k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $32k (12% of expenses). Other salaries and wages came to $46k. At year end it held assets of $196k against liabilities of $52k, net assets of $144k. It reported 2 employees.