Savannah Ballet Theatre Inc

Analysis

Savannah Ballet Theatre Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Savannah Ballet Theatre Inc reported income of $97k and spending of $84k, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $113k to $97k (-14%), an average of -14% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Savannah Ballet Theatre Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Hollidaysburg Area Music Parents Association ($97k), Empathy Theatre Project ($97k) and Awc Community Events Inc ($97k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 58% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.