Escuela Mayaguezana de Ballet Artes Y Educacion Eugenio Maria de Hosto

Analysis

Escuela Mayaguezana de Ballet Artes Y Educacion Eugenio Maria de Hosto is a registered charity in United States, based in Mayaguez, PR. It received its IRS tax-exemption ruling in March 2018, 8 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, Escuela Mayaguezana de Ballet Artes Y Educacion Eugenio Maria de Hosto reported income of $224k and spending of $208k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $213k to $224k (+4.9%), an average of +4.9% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Escuela Mayaguezana de Ballet Artes Y Educacion Eugenio Maria de Hosto sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 40th percentile within PR. Charities of a similar size with the same main cause include Boulder Chorale ($224k), Leadership Ohio ($224k) and Chautauqua Regional Youth Ballet Inc ($224k).

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 $29k (14% of expenses). At year end it held assets of $115k against liabilities of $39k, net assets of $76k. It reported 1 employees.