Alabama River Region Ballet School and Youth Company

Analysis

Alabama River Region Ballet School and Youth Company is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in July 2014, 12 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 May 2022, Alabama River Region Ballet School and Youth Company reported income of $329k and spending of $333k, spending 101% of its income. Across the 4 years on record, from May 2019 to May 2022, income fell from $363k to $329k (-9.4%), an average of -3.2% a year. The sharpest change came in the year to May 2022, when income rose by 43%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alabama River Region Ballet School and Youth Company 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 65th percentile within AL. Charities of a similar size with the same main cause include Dusti Bonge Art Foundation Inc ($329k), Jack Arts Inc ($329k) and Oregon Hope Chinese School ($329k).

On its Form 990 for the period ending May 2022, revenue came from contributions and grants 41% and program service revenue 59% of the total. Other salaries and wages came to $121k. At year end it held assets of $67k against liabilities of $18k, net assets of $49k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.