Emerald Ballet Theatre

Analysis

Emerald Ballet Theatre is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Emerald Ballet Theatre reported income of $266k and spending of $235k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $267k to $266k (-0.5%), an average of -0.5% a year. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Emerald Ballet Theatre sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within WA. Charities of a similar size with the same main cause include Columbia Education Foundation ($266k), Girls First ($266k) and Independent Association of Framingham State Alumni ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $16k (7.0% of expenses). It paid $500 in professional fundraising fees. At year end it held assets of $311k against liabilities of $1,934, net assets of $309k.