The Montgomery Civic Ballet Inc

Analysis

The Montgomery Civic Ballet Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in July 2024, 2 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 May 2024, The Montgomery Civic Ballet Inc reported income of $140k and spending of $133k, spending 95% of its income. Across the 4 years on record, from May 2021 to May 2024, income grew from $114k to $140k (+22%), an average of +7.0% a year. The sharpest change came in the year to May 2024, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Montgomery Civic Ballet Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within AL. Charities of a similar size with the same main cause include Capriccio Vocal Ensemble ($140k), Roots Wounds Words Inc ($140k) and Spark Creative Lab Inc ($140k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $26k against liabilities of $160k, net assets of -$134k.