Fort Lauderdale Childrens Ballet Theatre Inc

Analysis

Fort Lauderdale Childrens Ballet Theatre Inc is a registered charity in United States, based in Oakland Park, FL. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Fort Lauderdale Childrens Ballet Theatre Inc reported income of $111k and spending of $134k, spending 121% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $65k to $111k (+71%), an average of +14% a year. The sharpest change came in the year to July 2022, when income rose by 87%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fort Lauderdale Childrens Ballet Theatre Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Women of Color Unite ($111k), Childrens Museum of Central Nebraska Inc ($111k) and New Amsterdam History Center ($110k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $11k (8.4% of expenses). At year end it held assets of $75k against liabilities of $0, net assets of $75k. It reported 1 employees.