Chamberlain Ballet

Analysis

Chamberlain Ballet is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in January 1985, 41 years ago. 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 June 2024, Chamberlain Ballet reported income of $646k and spending of $674k, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $589k to $646k (+9.7%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chamberlain Ballet sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Playwrights Preview Productions Ltd ($646k), NSSC Foundation ($646k) and Vivie Foundation ($646k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $40k (5.9% of expenses). Other salaries and wages came to $121k. At year end it held assets of $124k against liabilities of $56k, net assets of $68k. It reported 4 employees.