Ballet Ensemble of Texas

Analysis

Ballet Ensemble of Texas is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in January 2002, 24 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 December 2023, Ballet Ensemble of Texas reported income of $197k and spending of $191k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $197k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 181%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ballet Ensemble of Texas sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Haida Roots ($196k), Lakewood Community Players ($197k) and Rise Up ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. At year end it held assets of $151k against liabilities of $3,807, net assets of $147k.