Tuzer Ballet Inc

Analysis

Tuzer Ballet Inc is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in December 1987, 39 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Tuzer Ballet Inc reported income of $133k and spending of $149k, spending 112% of what it took in. Across the 2 years on record, from May 2022 to May 2023, income fell from $137k to $133k (-2.8%), an average of -2.8% a year. 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, Tuzer Ballet Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Nepal Education and Cultural Center Ana ($133k), Aiken Civic Orchestra ($133k) and Society for the Preservation of Carter Railroad Resources ($133k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.