Abilene Ballet Theatre Inc

Analysis

Abilene Ballet Theatre Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in October 1986, 40 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 December 2023, Abilene Ballet Theatre Inc reported income of $228k and spending of $212k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $233k to $228k (-2.0%), an average of -0.7% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Abilene Ballet Theatre Inc sits at the 63rd 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 Forum on Life Culture & Society Inc ($228k), Community Folk Art Center Inc ($228k) and North Carolina International Folk Festival Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. At year end it held assets of $521k against liabilities of $0, net assets of $521k.