Ollimpaxqui Ballet Company Inc

Analysis

Ollimpaxqui Ballet Company Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 1994, 32 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, Ollimpaxqui Ballet Company Inc reported income of $90k and spending of $89k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $90k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ollimpaxqui Ballet Company Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Cuyahoga Falls Firefighter Memorial Foundation ($90k), Desert Tortoise Council Inc ($90k) and Regional Artisans Association ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 97% of the total. At year end it held assets of $29k against liabilities of $20k, net assets of $9,099.