Beaumont Civic Ballet

Analysis

Beaumont Civic Ballet is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in October 1977, 49 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 May 2023, Beaumont Civic Ballet reported income of $222k and spending of $187k, spending 84% of its income. Across the 3 years on record, from May 2021 to May 2023, income grew from $87k to $222k (+154%), an average of +59% a year. The sharpest change came in the year to May 2022, when income rose by 92%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beaumont Civic Ballet 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 60th percentile within TX. Charities of a similar size with the same main cause include Franklin Pond Chamber Music Inc ($222k), Alliance for Historic Hillsborough ($222k) and Armenian Youth Association of California ($222k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 78% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $50k (27% of expenses). At year end it held assets of $152k against liabilities of $1,877, net assets of $150k. It reported 1 employees.