City Ballet of Houston

Analysis

City Ballet of Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1964, 62 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 June 2024, City Ballet of Houston reported income of $187k and spending of $153k, spending 82% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $143k to $187k (+30%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, City Ballet of Houston sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Barrington Stage Supporting Foundation Inc ($187k), Latino Public Radio ($187k) and Riverside Arts Center ($187k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 72% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.