Ballet Flamenco LA Rosa Inc

Analysis

Ballet Flamenco LA Rosa Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 1987, 39 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 April 2022, Ballet Flamenco LA Rosa Inc reported income of $225k and spending of $305k, spending 135% of what it took in. Across the 2 years on record, from April 2020 to April 2022, income fell from $291k to $225k (-23%), an average of -23% a year. The sharpest change came in the year to April 2022, when income dropped by 23%. Over the whole period it spent 124% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ballet Flamenco LA Rosa Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Charleston County Parks Foundation Inc ($225k), Dixie Theatre Foundation Inc ($225k) and Monterey County Pops Inc ($225k).

On its Form 990 for the period ending April 2022, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $57k. At year end it held assets of $50k against liabilities of $0, net assets of $50k.