Fideicomiso de Ballets de San Juan

Analysis

Fideicomiso de Ballets de San Juan is a registered charity in United States, based in Carolina, PR. It received its IRS tax-exemption ruling in August 2019, 7 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fideicomiso de Ballets de San Juan reported income of $764k and spending of $737k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $699k to $764k (+9.3%), an average of +3.0% a year. The sharpest change came in the year to June 2023, when income rose by 75%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fideicomiso de Ballets de San Juan sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 65th percentile within PR. Charities of a similar size with the same main cause include Packet Clearing House Inc ($764k), Phamaly Theatre Company ($764k) and Paint Creek Center for the Arts ($763k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $82k (11% of expenses). At year end it held assets of $212k against liabilities of $101k, net assets of $111k.