Compania de Baile Ballet Senorial

Analysis

Compania de Baile Ballet Senorial is a registered charity in United States, based in Ponce, PR. It received its IRS tax-exemption ruling in March 2022, 4 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, Compania de Baile Ballet Senorial reported income of $201k and spending of $197k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $201k (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Compania de Baile Ballet Senorial sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 38th percentile within PR. Charities of a similar size with the same main cause include Polish American String Band Inc ($201k), Bismarck Art and Galleries Association Inc ($201k) and American Association of Veterinary Parasitologists ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (5.1% of expenses). Other salaries and wages came to $52k. At year end it held assets of $34k against liabilities of $25k, net assets of $8,928. It reported 5 employees.