Western Arkansas Ballet

Analysis

Western Arkansas Ballet is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in February 1980, 46 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 June 2024, Western Arkansas Ballet reported income of $378k and spending of $337k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $308k to $378k (+23%), an average of +5.3% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Western Arkansas Ballet sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within AR. Charities of a similar size with the same main cause include The Society for the Advancement of Socio-Economics ($378k), Folk Arts Center of New England Inc ($378k) and Junior Appalachian Musicians Inc ($378k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 71% of the total. Other salaries and wages came to $157k. At year end it held assets of $549k against liabilities of $62k, net assets of $488k. It reported 6 employees.