Arts Ballet Theatre of Florida Inc

Analysis

Arts Ballet Theatre of Florida Inc is a registered charity in United States, based in Aventura, FL. It received its IRS tax-exemption ruling in February 1999, 27 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 December 2023, Arts Ballet Theatre of Florida Inc reported income of $862k and spending of $833k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $908k to $862k (-5.0%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Ballet Theatre of Florida Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Lewiston Roundup Association Inc ($862k), Latino Service Providers ($862k) and Eastern Shore of Virginia Barrier Islands Center Inc ($862k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $624k against liabilities of $20k, net assets of $604k.