Dallas Ballet Company

Analysis

Dallas Ballet Company is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 1990, 36 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 August 2023, Dallas Ballet Company reported income of $301k and spending of $234k, leaving 22% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $258k to $301k (+17%), an average of +4.0% a year. The sharpest change came in the year to August 2022, when income rose by 38%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dallas Ballet Company sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Atlanta Master Chorale Inc ($301k), First Coast Opera Inc ($302k) and Casa Dei Medici ($301k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 30% and program service revenue 54% of the total. At year end it held assets of $625k against liabilities of $151, net assets of $625k.