International Ballet Company

Analysis

International Ballet Company is a registered charity in United States, based in Sunrise, FL. It received its IRS tax-exemption ruling in November 2001, 25 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, International Ballet Company reported income of $142k and spending of $165k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $199k to $142k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2021, when income rose by 191%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Ballet Company sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include CP Touchdown Club ($142k), Ap Giannini Foundation Fellowship Fund ($142k) and Willard Hsa Inc ($142k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $38k against liabilities of $1,560, net assets of $36k.