Ambassadors International Ballet Folklorico Inc

Analysis

Ambassadors International Ballet Folklorico Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 1991, 35 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 June 2024, Ambassadors International Ballet Folklorico Inc reported income of $81k and spending of $89k, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $75k to $81k (+7.6%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 88%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ambassadors International Ballet Folklorico Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Fox River Valley Hound Heritage Foundation ($81k), Catalyst Theater Company ($81k) and House of Artists Foundation Inc ($81k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.