San Angelo Civic Ballet Incorporated

Analysis

San Angelo Civic Ballet Incorporated is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in November 1985, 41 years ago. 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 May 2023, San Angelo Civic Ballet Incorporated reported income of $555k and spending of $512k, spending 92% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $460k to $555k (+21%), an average of +4.8% a year. The sharpest change came in the year to May 2021, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Angelo Civic Ballet Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Mother Teresa Maternity Home ($555k), Worrell & Mitchell Group Home Inc ($555k) and Hillel the Foundation for Jewish Campus Life ($555k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 41% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $63k (12% of expenses). Other salaries and wages came to $219k. At year end it held assets of $544k against liabilities of $42k, net assets of $502k. It reported 20 employees.