Houston Ballet Guild Inc

Analysis

Houston Ballet Guild Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 1981, 45 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 June 2023, Houston Ballet Guild Inc reported income of $5.6m and spending of $5.6m, spending 100% of its income. Across the 6 years on record, from May 2019 to June 2023, income fell from $6.2m to $5.6m (-10%), an average of -2.1% a year. The sharpest change came in the year to June 2022, when income rose by 66830%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Houston Ballet Guild Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Westport Country Playhouse Inc ($5.6m), Crow Canyon Archaeological Center ($5.6m) and Society for Research in Child Development ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.