Civic Ballet of Volusia County Inc

Analysis

Civic Ballet of Volusia County Inc is a registered charity in United States, based in Ormond Beach, FL. It received its IRS tax-exemption ruling in June 1996, 30 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, Civic Ballet of Volusia County Inc reported income of $116k and spending of $84k, leaving 28% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $106k to $116k (+9.6%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Civic Ballet of Volusia County Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Robbins House Inc ($116k), Aboriginal Outfitters ($116k) and Harbor City Music Company Show Chorus ($116k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $219k against liabilities of $0, net assets of $219k.