Black Diamond Ballet

Analysis

Black Diamond Ballet is a registered charity in United States, based in Pittsburg, CA. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Black Diamond Ballet reported income of $58k and spending of $71k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $58k (-13%), an average of -13% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Black Diamond Ballet sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Voice of Armenians ($58k), Squirrel Island Historical Society ($58k) and International Netsuke Society Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.