Tulsa Ballet Theatre Trust Fund

Analysis

Tulsa Ballet Theatre Trust Fund is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in April 1983, 43 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Tulsa Ballet Theatre Trust Fund reported income of $347k and spending of $63k, leaving 82% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income fell from $441k to $347k (-21%), an average of -4.7% a year. The sharpest change came in the year to May 2024, when income dropped by 37%. Over the whole period it spent 12% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tulsa Ballet Theatre Trust Fund sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Carroll Show Choir Boosters Inc ($347k), Artspace Inc ($347k) and Ludington Area Arts Council ($347k).

Compensation of current officers, directors and key employees was $56k (88% of expenses). At year end it held assets of $10.8m against liabilities of $0, net assets of $10.8m.